Have you ever dreamt of quitting your job to attain an unrealized ambition? Million Americans are doing so right now.
Many Americans seem to be quitting their jobs to ambitiously pursue preferred vocations.
Meanwhile, millions of jobs are available. Employers are having a hard time filling those vacant jobs because many are low-paying, part-time, or unfulfilling as a career option.
However, just because you can do something does not necessarily mean that you should.
The average American makes $30,000 to $50,000 annually. And the average person owes over $90,500 in personal debts.
We can’t tell you not to quit your job. That is a personal decision.
But at least take these five proactive steps to protect your personal financial future before you do.
Give notice
Give your employer at least a two-week notice before quitting. That gives your employer time to begin transitioning your position so they aren’t short of vital workers.
Be humble
Don’t send angry work emails settling scores or grudges. And don’t have celebratory parties on-site or off-site with co-workers celebrating your imminent self-actuated unemployment.
You may find yourself in a position where you need to inquire about your old job with your former employer. Don’t burn bridges on the way out.
Get recommendation letters
If you are a skilled worker leaving a long-time vocation, having a good recommendation letter will help you stand out when looking for new work.
Re-calculate your budget and go over your finances
Unless you have a new job lined up you could be unemployed for a while. Recalculate your budget and tweak your household budget as necessary.
Maintain a connection network
We usually get our first job through friends or connections. Maintain a professional network with former coworkers, friends, and relatives in case new employment opportunities arise.