If you came here to read this, you’ve probably pretty much decided that you’re over everything and thinking about quitting your job. You may or may not have something lined up and that’s okay. I wrote a post a couple of weeks after I quit my job about why I did it without a backup plan and everyone was so supportive and understanding.
Check It Out: How I Knew It Was Time To Quit My Job
What I didn’t go into depth about though was how I carefully planned before I even handed in my resignation letter. Long before I was passed over a promotion, not hired for a new position because I was “too creative” and “overqualified“, I knew my time at the company was coming to an end so I got my shit together.
Here’s a quick list of things that I did before quitting my job to make sure my life wouldn’t fall to the wastes ide.
Ask yourself, Is this really the only thing to do or can you stick it out?
The answer for me was no. I was 23 at the time (young af) and the last thing I needed was a stressful ass job that sent me home crying every day and pulled my hair out–and that’s just what it did. Really take a look at your own situation and figure if this would be the best move. For my mental health, it was.
Cut down your spending and create a REAL budget
Like one that is on paper where you really are tight with your coins. Make sure you include ALL expenses, even if it’s something small like Apple Music or your Netflix account payment. It all counts.
As far as spending money goes, start cutting down your frivolous spending as practice for when your disposable income shrinks…because it is. This comes with quitting your job.
Microsoft Word and Google Docs have pretty good templates. I’m working on my own template so stay tuned.
Months before I even turned in my letter of resignation, I saved like hell. I put 10-15% of my paychecks in my savings for months which was the best thing I could ever do. Income tax refund? In my savings. Drake cancelled his concert? In my savings. My coworker paid me back the $20 I loaned her 4 months ago? You guessed it…in my savings.
If you’re like me and don’t have a job waiting for you or just need a bit of a mental health break, saving money along the way will save you so much stress.
More information about how I easily built my savings rather quickly here. I’m talking 1000’s in just months.
Know your PTO/Accrued time policy
This varies from job to job. At my company, you pretty much weren’t owed accrued time payouts until you hit the 2-year mark. I was only there for a year so I didn’t make the cut.
So what did I do with my hard earned time? I took the days during my last month there. It wasn’t because I didn’t give a f*ck. It was because I earned that time and if they weren’t going to give it to me, I was going to take it.
Take advantage of any reimbursements that your job may offer
Whether it’s for gym or tuition, know what they are and collect them before you go. That’s just a few extra hundred dollars for you to put in the stash while you figure things out. For me, it totalled up to about $500.
Remember, you have to return all company equipment
The only things my job gave me were an iPad and iPhone (both of which I already had) so this didn’t hurt me much. But if your job gives you something like a computer that you use for work and school and can’t really afford to purchase on your own, you may need to revisit my first point and wait it out.
Collect work for your portfolio
You should always be keeping a running list of assignments and tasks you’ve completed during the course of your job. This makes updating your resume and Linkedin so much easier. If you’ve done assignments that seem like a good fit for your portfolio, keep a copy so long as it doesn’t break any contracts or anything.
So if you haven’t realized you sort of NEED to have health insurance. It’s the law or something and you can be fined if you don’t have it even for just a portion of the year. Explore getting insurance of your own or continuing your employer’s insurance through COBRA. FYI, if your last official date with a job is at the beginning of the month then the company MUST pay your health insurance for the whole month. I literally quit at the beginning of July for this reason.
For my insurance, I went through the NYS Marketplace to get affordable health insurance. Though I don’t qualify for Medicaid, I was able to get an insurance plan that covers the basics for a low cost. I’d rather not pay for health insurance at all but it’s way better than the $300 a month I was dishing out before.
A schedule (if you’re quitting for a new job offer)
When you work every day you get into a habit, a schedule that you’re used to running on. If you don’t keep this same kind of structure you’ll literally go crazy. I’ve just gotten into the habit of making a schedule for my days instead of winging it and it’s really much better for me.
Every day doesn’t even have to look the same. Some days I’m working from home. Other days the library. Other days I have events to go to. As long as I know what I’m doing the next few days, I don’t feel like my life is in complete shambles.
I’m not one to sell a dream on quitting your job then waking up living the life of your dreams. No, it does take preparation. Though I am looking to go back to work soon (hopefully part-time by September) because I properly prepared for my exit, I’m cool. My summer has actually been great since I left my job.