When Enough Is Enough….Take This Job and Shove It
e all know that the economy is bad right now, but when what do you do when you are fed up with your job? Do you just quit and hope things will work out? Or do you grimace and try to stick it out and hope the economy improves quickly? The answer to that can be tricky.
There are so many things to consider when figuring out whether or not to leave a job, even though you may have felt that it was time to leave long ago. A person with a lot of debt may want to pay down some of that debt before quitting their job. Even if you are quitting and moving on to another job, it would be wise to pay off credit card debt, loans, and other liabilities. It is quite possible that you may get another job only to be dissatisfied in that position also. Getting rid of some or all of your debt will make jumping ship much easier.
But what do you do if you don’t have any debt and pay a large dollar amount in household bills? If you have a high mortgage payment, coupled with a number of household bills, the best thing to do would be to work on building up your savings. Figure out a budget and put together a plan to save a percentage of your income to grow your savings until you have about 6 months worth of income in the bank. For example, if your monthly bills including mortgage is $1800, you should have $10,800 in savings before considering making a change in your job status.
The truth of the matter is, the saying “don’t put all of your eggs in one basket” is true in the sense that in these days, you almost cannot rely on one job for your income. If you have money saved up and all of your bills paid, it may be better to stay on your current job and maybe start a side hustle. Get a part-time job, doing something you love. If your job is truly unbearable, and your finances are in order, look for another job and only quit once you have been hired. However, if you still have a large amount of debt to pay off and your current monthly bills are through the roof, it would be better for you to remain at your present job. Why? Because if you were to quit and start working at a new place of employment, you may find that you don’t like it there and realize that the grass is not always greener on the other side.
Taking any kind of risk can be stressful and complicated, but you have to think of the obligations you have and that you are able to fulfill because of your job. It is important to weight the benefits of any situation that can affect how you will take care of your family. In the end, you have to decide what is best for your family.