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How To Prepare Financially Before Quitting Your Job
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In this video, I go through how I prepared my finances before quitting my job. It played a big part in my consideration before making this decision because I wanted the peace of mind knowing that I had enough money to do it.
Quitting your job means giving up a fixed salary so make sure you've got your savings, emergency funds, spending, and investments all set up and ready to go before you make the leap.
⌚ Timestamps:
00:00 How I prepared to quit my job
1:10 Planning my future income
2:59 Setting aside my savings and emergency fund
3:30 How much money you need to save
4:40 Maintaining your emergency fund
5:38 Re-optimising my investments and contributions
8:13 Reviewing and cutting down on my spend
🍿 WATCH NEXT:
🔗 OTHER LINKS:
Follow us on Instagram: @themillennialfinance_
Follow us on Twitter (X): @themillennialf_
TikTok: @themillennialfinance
#TheMillennialFinance
In this video, I go through how I prepared my finances before quitting my job. It played a big part in my consideration before making this decision because I wanted the peace of mind knowing that I had enough money to do it.
Quitting your job means giving up a fixed salary so make sure you've got your savings, emergency funds, spending, and investments all set up and ready to go before you make the leap.
⌚ Timestamps:
00:00 How I prepared to quit my job
1:10 Planning my future income
2:59 Setting aside my savings and emergency fund
3:30 How much money you need to save
4:40 Maintaining your emergency fund
5:38 Re-optimising my investments and contributions
8:13 Reviewing and cutting down on my spend
🍿 WATCH NEXT:
🔗 OTHER LINKS:
Follow us on Instagram: @themillennialfinance_
Follow us on Twitter (X): @themillennialf_
TikTok: @themillennialfinance
#TheMillennialFinance
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