Figuring Out Whether or Not You Can Quit Your Job
Boss got you down? Tired of not making the right amount of money? It’s time to start thinking about what you can do to actually move on to a better job. Some people will say that quitting your job can be pretty dangerous. That can be true, to a certain extent, but it’s up to you to make sure that you can step out of your job into something new. A lot of people find themselves disillusioned with the current job that they’re working. They find that it’s time to really move on but they don’t really know how. People only think about it from a mindset point of view, when the reality is that you’re going to need to start looking at it from the perspective of someone that really has their finances together.
The truth is that your finances really do control a lot of your life. You might feel that it’s not going to really matter, but the reality here is that you have to start thinking about your finances from every corner. You don’t want to end up getting lost in the little details.
Quitting your job is something major. You might be upset by everyone in your face asking you if this is something that you really want to do, but the truth is that you need someone to challenge you on this. If you’re not fully ready to take the leap, then you are going to be in a whole new world of problems. Most people, truth be known, just aren’t ready to run off and do their own thing. They would like to be, but they really aren’t.
Your savings account determines a lot of whether or not you’re going to be ready to take on this challenge. You have to save up because you don’t know when you will be able to get into a new opportunity. Even if you have a new job planned — is it really set in stone? Will you be able to step from one job to another without worrying about how you’re going to take care of the bills? There are a lot of different things in play here, but you will need to make sure that you have enough money to cover your expenses. Generally speaking, the best emergency accounts cover at least six months. However, you may only be able to do one or two months. The more months you have stored up, the better off you will be.
There is also a need to see what you will actually be doing with the job that you have. If you are working within a small industry, you really don’t want to burn bridges. Just in case things don’t go quite as you planned, there’s nothing wrong with having something to go back to. They will usually re-hire you if you can prove that you really and truly want to come back to stay.
Some people leave in order to start their business. The reality here is that you want to have a complete business plan before you push forward. Quitting your job to start a business is very risky, so you have to ensure that you’re not hurting your long term survival just because you want to start a company.
Either way, good luck with everything that you have planned!