Childfree Wealth®

I'll Make You Quit Your Job - Pt. 3: The How, Ep 152


Listen Later

Ever dreamed of quitting your job but wondered, "How the heck do I actually do it?" This episode is for you! In the final episode of our “I’ll Make You Quit Your Job” series, we’re diving deep into the mechanics, finances, and structure needed to make that leap when you've decided it's time for a change. Bri and Dr. Jay discuss how much money you need to save before jumping ship, emphasizing the importance of an emergency fund and having a plan.


We explore different scenarios, from barely making ends meet to having a fully funded emergency fund, and discuss the often-overlooked aspects like potential pay delays when switching jobs. Plus, we get into the nitty-gritty of planning a "sabbatical" — Dr. Jay's ideal six-month plan for decompressing, soul-searching, and trying out new things before making your next big career move.


We also tackle the common fear of healthcare (spoiler: it doesn't have to trap you!) and even discuss how being laid off could surprisingly be a good thing. For couples, we cover the "gardener and the rose" approach to career changes, and for everyone, a crucial reminder to question everything—including where you live—to truly find happiness. Tune in to learn how to simplify your finances so your life can be amazing!


Timestamps:

🔹00:30 - How much money do you need to save before quitting your job?

🔹01:00 - The importance of an emergency fund and having something else lined up.

🔹03:00 - The ideal three to six-month plan for a career transition.

🔹03:30 - Jay's six-month sabbatical plan: decompress, discover, and try.

🔹07:45 - Using AI or a thinking partner for career exploration.

🔹11:40 - Navigating healthcare when changing jobs or taking a sabbatical.

🔹14:30 - The surprising benefits of a strategic layoff.

🔹19:00 - Questioning your location and lifestyle for greater happiness.

🔹24:50 - Timing your departure for bonuses or stock options.

🔹27:50 - Being prepared for your employer's reaction when you give notice.


Mentioned in this Episode:

🔹 I’ll Make You Quit Your Job Pt. 1 https://www.buzzsprout.com/2002436/episodes/17514288 

🔹 I’ll Make You Quit Your Job Pt. 2 https://www.buzzsprout.com/2002436/episodes/17466054 

🔹 The Gardener and the Rose https://childfreewealth.com/resources/gardener-rose/ 

🔹 The Gardener and the Rose with Heathe

The Childfree Wealth Podcast, hosted by Bri Conn, CFP®, and Dr. Jay Zigmont, CFP®, is a financial and lifestyle podcast that explores the unique perspectives and concerns of Childfree individuals and couples.

Like the show? Leave us a rating & review!

If you want to join the conversation, email us at [email protected], follow Childfree Wealth® on social media, or visit our website www.childfreewealth.com!

Join our newsletter HERE.
Schedule a meeting with a Childfree Wealth Specialist® HERE.

Instagram: @childfreewealth

Facebook: @childfreewealth

LinkedIn: @childfree-wealth

YouTube: @ChildfreeWealthPodcast

Disclaimer: This podcast is for educational & entertainment purposes. Please consult your advisor before implementing any ideas heard on this podcast.

...more
View all episodesView all episodes
Download on the App Store

Childfree Wealth®By Dr. Jay Zigmont, CFP® & Bri Conn

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

36 ratings


More shows like Childfree Wealth®

View all
Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,546 Listeners

HerMoney with Jean Chatzky by Jean Chatzky Her Money

HerMoney with Jean Chatzky

1,458 Listeners

ChooseFI by ChooseFI

ChooseFI

5,138 Listeners

How to Money by iHeartPodcasts

How to Money

3,169 Listeners

Frugal Friends Podcast by Jen Smith & Jill Sirianni | Backyard Ventures

Frugal Friends Podcast

1,218 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

437 Listeners

Personal Finance for Long-Term Investors - The Best Interest by Jesse Cramer

Personal Finance for Long-Term Investors - The Best Interest

124 Listeners

All the Hacks: Money, Points & Life by Chris Hutchins

All the Hacks: Money, Points & Life

1,622 Listeners

Two Sides of FI by Jason and Eric

Two Sides of FI

439 Listeners

Mile High FI Podcast by Doug Cunnington & Carl Jensen

Mile High FI Podcast

202 Listeners

Financial Feminist by Her First $100K

Financial Feminist

6,392 Listeners

MoneyWatch with Jill Schlesinger by CBS News

MoneyWatch with Jill Schlesinger

427 Listeners

Money For Couples with Ramit Sethi by Ramit Sethi

Money For Couples with Ramit Sethi

3,395 Listeners

The Money with Katie Show by Morning Brew

The Money with Katie Show

1,537 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

348 Listeners