What To Do When You Want To Quit Your Job?

Have you had a moment thinking about when you want to quit your job? Not too long ago, I had serious thoughts about leaving my current job. At the time of this writing, I’m working on a contract assignment that lasts up to a year. I’m about seven months in, so I have a few months left until it ends. Once it ends, there’s a strong chance I’ll continue as a full-time employee at the company. But there’s a possibility I may leave before or after that contract is up, should I pursue other opportunities.

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When you want to quit your job

To be clear, I’m not talking about the album Don’t Quit Your Day Job!“. It’s funny as it may sound, but not the topic of this pot. However, I’ve had those moments whether it’s worth continuing or not. 

I know I don’t want to be here long-term (i.e., most of my career). But I know that it’s not the best time to leave, especially when there aren’t many better workplace options. I reminded myself of the time when I quit my previous job nearly 15 months ago.

When you want to quit your job- Woman walking out

When I quit my previous job

At the end of 2019, I left JPMorgan to pursuit other options. I did some freelance work and focused on my blogs, and I did well for some time. But as I got into 2020, I was struggling to make enough money to provide for myself. Some months, I had to dig out of long-term savings to pay for living expenses.

I then decided to find something more stable, which is the current one-year contract assignment. My current job is going very well and looks promising as I consider staying on with this company. But still, I’m not sure whether I want to stay on or not. It depends on what happens in the next few months.

Should I quit my job if it makes me unhappy?

Figuring out whether to leave a job that makes you unhappy can be difficult. A lot of people work at unfulfilling jobs throughout their lives. If it’s a high-paying job, are you willing to easily give it up? Will it cause less stress or more of it? 

Based on my experience, I’ve learned it the hard way. It’s something I would not recommend others follow through unless they’re confident they can work on their own.

When you want to quit your job- Woman stressed in front of laptop

When you want to quit your job: Consider a few things before making a move.

I’ve learned a lot of lessons over the past year. I feel indifferent about the decisions I made. I don’t entirely regret the choices I made, as it’s helped me become a better individual. 

This post will discuss a few things to consider when you’re thinking about quitting your job. Some things to keep in mind include the following:

Do you have enough long-term savings?

One thing you need to ask yourself is if you can afford not to work? In other words, do you have savings to live off if you couldn’t work for an extended period? If so, that might be a possibility. If you’re confident about providing for yourself (and your family if applicable), having some savings on hand can help in the short-term.

When you want to quit your job- Piggybank

I’ve made it a common practice to keep long-term savings on hand to pay up to 6-12 months of living expenses. Between 3-6 months is a good mark, but 6-12 months is even better. If you feel that you need more time to figure things out, living off savings in the short-run might help to a degree.

I was able to rely on long-term savings when I was not working full-time. I was doing freelance work and small contract assignments. But sometimes, the income was not enough to cover most of my living expenses. So that’s when I would have to rely on long-term savings whenever needed. 

If you have the capability, long-term savings can be helpful. Especially if you’re not sure how long you’ll be out of work, it might be a good option.

Is there someone you can rely on to “bring home the bacon?

Unless you’re living on your own, relying on someone else for income helps as well. If you’re living with a partner or a spouse who works full-time, that might make your situation more comfortable to get through. Even if it’s for a short time, it makes it less stressful without having to dig into your long-term savings. 

Or you might be someone younger living with friends or roommates. Do they make a living to pay for your living expenses? That might help while you’re trying to figure things out. If there’s someone you live with who’s working (but you’re not), it does help if they’re willing to let you not work for the time being.

Losing a high-paying job can cause more anxiety and stress 

If you have a job with a high paying salary (but you’re not satisfied), deciding to quit can make your situation more complicated. When you give up a high paying job, it takes away some things you would always take for granted. 

Some examples include going out to eat, ordering takeout, or going out of town for a nice trip. I consider these things luxuries, and what some people would do with their extra money. But losing a well-paid job may result in not doing these things so often (or not at all).

Or, it may cause some stress when you’re short on money. When it comes time to pay the bills, you may not have enough to spend a month’s worth of living expenses. You then think twice about whether your decision to leave your job was the best choice. 

When you want to quit your job- Woman in front of computer

Unless you feel confident and can work on your own, it will make your situation more stressful. I’ve been in that situation before. It was a year ago when I found myself running short on money. There were times where it would have been easier to keep my previous job. But I decided to go in a different direction, and I’ve learned some hard lessons since then.

If you want to start working on your own- You NEED to have a job to fall back on

One piece of advice I would give is to keep your job when starting a side business. When creating your little business, there are many challenges to overcome, and it can be overwhelming. Especially when you may not have a lot of money starting, you risk a lot initially.

If you only focus on your business, you sure do have a lot of time on hand. But you may not have a lot of money or resources. I believe that you should not be working on your own until your business is profitable. Depending on what kind of business you’re in, you have to consider other things such as taxes and money to invest in other things.

Weekly Takeaway: Work on your side business but keep your job

The bottom line is working on your business while keeping your job makes things more comfortable in the short run. If you make a lot of money where you work, use some of that to invest in your business. Once you become profitable and ready to scale your business, then seriously consider leaving your job for good.

At the moment, it’s what I’m doing right now until I can afford to go out on my own. Between my contract assignment, my website, and print on demand store, I’m less stressed out than not having any income coming in at all.

If you’re interested in doing something on the side (without quitting your job), allow me to suggest a place to get started. This platform is one of the best places to start an online business. You can try out their premium membership for a free 7-day trial.

When you want to quit your job- Guy working

Wrap-Up

The decision to quit a job is not an easy choice, especially when you’re not happy. If you’re going to leave to pursue your interests (with no plan in place), you might want to think twice about it. Starting a business with nothing to fall back on can be frustrating and stressful sometimes.

If you have a little side business right now, keep working on it. But if you have a full-time job and haven’t met your business goals, don’t quit yet. Instead, keep working on your business one step at a time. 

Even if it’s for one hour a day, or a couple of hours each week, you’re still making progress. I think the critical point to make is to stay consistent with what you do. For me, writing 1-2 articles a week brings me one step closer to achieving my long-term goals. But keep your job at the same time- until your business is profitable.

As I mentioned earlier, what I’m doing right now helps me stay focused for the most part. If it’s working a few hours each week, I know I’m making progress no matter what.

But I’m not building a business by myself. I’m getting help from like-minded individuals who want to see me succeed. If you’re interested in learning more, check out the best place to start your blog or online business venture. Check out for more info by clicking on the banner below.

Below is this week’s word, quote, and principle.

Word of the Week

  • Chasten – to discipline for the purpose of making better

Quote of the Week

  • Etiquette is behaving yourself a little better than is absolutely essential. – Will Cuppy

Life Principle of the Week

  • Compassion – Ability to share another’s feeling or ideas 

Have you thought about quitting your job lately? Do you have a plan in place to make those crucial decisions?

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