Have you ever quit a job without a new job?
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Anonymous
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I'm the one who wrote earlier about possibly getting fired. I am thinking about quitting before I get fired, without a new job. Would this be the worst move ever? We can afford it with what we have in savings. The big change would be a reduction in what we currently save per month. Right now, we only save approx 3k per month (HHI 250k) because we're aggressively paying down grad school loans. If I quite, I think we'd only be able to save 1k per month if we maintain aggressively paying the student loans. DH makes 180k, I am only bringing in 70k and we don't have children yet. We could live for a while on just his income while i figure things out and DH is very supportive of me taking some time off because my job has been a major emotional drain on our marriage.
I supported us both while he was in grad school, and was stressed during that time because I felt so much pressure as the only breadwinner. He doesn't seem to be worried about that, but I worry about causing that kind of stress for him while I figure out my next move. |
Anonymous
| $180k for two people is good. But just remember that it's easier to get a job when you have a job. It would suck if you quit and couldn't get another job, with the unemployment gap growing. I'd say don't quit. Just get another job first. |
Anonymous
| I'd keep looking while waiting for "the call" |
Anonymous
| I quit my job when I was 26. It was a dead end job with dead end boss. The company is no longer around - got bought due to fraudulent behavior. I was single, traveled, and temped for 6 months before landing a better job in a better company. |
Anonymous
| If you quit you need to have a good reason to give potential future employers. The only time I did this was to move cross country so it didn't look bad. |
Anonymous
| My dh was in a job he did not love for some time. The company was heading in the wrong direction, in an industry that is dying, just due to the increased use of technology. Anyway, he talked for a long time about looking elsewhere. Lo and behold, last summer there was another huge round of layoffs, and he lost his job. He did not enjoy the time he was off as much as he thought he would. It was a very stressful period, the uncertainty was making him miserable. Thankfully, due to the layoff he got many months of severance due to his long-time employment, so when he got a few job offers after 2 months, we had a big bonus for the remainder of the severance. Would you get severance if you were fired? Not sure if that is different than a layoff due to downsizing? If there might be severance involved, I think I might stick it out. What made the biggest difference for dh was really working his contacts both on linkedin, and any time he would find an appropriate open position, he would do loads of research to see if he had any contacts at the company in question. But, having the cushion of the severance, made it MUCH easier to handle, both financially, and emotionally. GL |
Anonymous
| No! If you quit, you can't file for unemployment. |
Anonymous
| It looks better to have quit than to be fired. |
Anonymous
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OP, I think in your situation, you are in a good spot to quit and still be financially secure for a bit.
I would not do it myself as I don't have enough funds saved up to live off of. This thread reminds me of when I was in high school and my dad quit his job that he hated. He didn't have another job lined up and was the only working person in the family. We were already low income, but for about 6 months until he got another position, it was literally hard just to buy food. I really resented him during that period, however unfair it was for me to feel that way towards him. I hope to never make the mistake of quitting without being prepared. |
Anonymous
I did and it was 3 months before I started a new job and that is actually not very long. I devoted all my time --like a job--to looking for jobs and applying. It was very stressful and my mortgage and health care were my major cash expenses. I depleted my savings and racked up some debt. If you do feel like you need to quit, be sure that you have a lot of savings because as the quoted poster said, you will not be able to file for unemployment. |
Anonymous
| I get where you're coming from, OP, but as one poster pointed out, it's actually easier these days to get another job while you're currently employed. Put a little sticky in your desk drawer with "DQBYHAJ" on it. It's a reminder to yourself and stands for "Don't Quit Before You Have Another Job." Look at it as needed throughout the day. |
Anonymous
| It does sound like you have a more than adequate financial cushion for quitting...and no kids to worry about. Do it. In your next interview, say it wasn't a good fit and you wanted to devote the time and energy to find a place that was. Definitely better than being fired--shows you are proactive. |
Anonymous
| with no kids I would quit in a heartbeat |
Anonymous
Did you all not read her post? They can comfortably live on DH's income, but will save less each month. OP - I say do it, but wake up every morning and diligently look for your next step. The right job can easily take 6-12 months to find and land. Prepare for that. I quit my job in late-20's because I had an abusive boss with a crush on me - not a good mix. It was miserable and so draining on our marriage. Quitting was the best thing I could have done - found my dream job 6 months later. One thing to keep in mind: will you have to use this job/boss as a reference? As hard as it may be, try to leave on the very best terms possible. Good luck! |
Anonymous
| Given your situation I say do it. I agree that it's easier in some respects to get a job when you already have one. But conducting a proper job search can be a full-time job in and of itself--it's much harder to do it right when you're working full time. |