(first, a disclaimer: I’m not one of those people who think everyone should quit their day job. BUT, if you WANT to, this post is for you)
I started planning my escape 2.5 years ago. Unless you happen to marry rich, your cubicle escape will probably take awhile too. Which is all the more reason for you to start planning this weekend. Write out your to do list and start crossing things out.
This weekend plan out your cubicle escape.
Know how much money you NEED to make:
Not want. What is your absolute minimum? What expenses can you cut out (cable, dining out, etc)? What expenses will you not need to worry about (gas money, work clothes)? Know what sacrifices you are willing to make to get free of your cubicle.
Know how you will make that money:
Will you work part-time? Will you raise your photography prices? Will you save 12 months’ of expenses to tide you over while you figure out what you want to do next? My income now comes from a variety of sources – a little here, a little there.
Get all your paperwork/grown-up stuff taken care of:
Do you need to change your health care? Do you want to take advantage of a work benefit before you leave there? Do you know all your retirement account log-in info?
Know your worst-case-scenario plan B:
If everything goes terribly terribly wrong, do you know what you’re going to do? I don’t mean having ‘I’ll get my job back’ in the back of your head. I feel like that will just hold you back. But if you NEED money to keep your house, what options do you have? For example, if we have to, we can rent out one of the rooms in our house or sell our 2nd car and save $$ on insurance and upkeep.
There is A LOT to think about …. and you want to make sure you think about it WHILE you still have an income, not when you’re panicking about being able to buy food.