There will be a point in your FI journey when a stable salary will become less important to you. You’ve built up your savings and investments to a place where you are comfortable. The freedom and flexibility over your time are more valuable than that regular paycheck.
The thought of leaving your job has you nervous though. Even after running the numbers and knowing you have enough, there are still a lot of emotions tied up in financial insecurity. “Do I really have enough? Maybe I should work for one more year.” On top of that, maybe you enjoy your job, don’t want to leave your team down a member during a busy period of work, or unsure what life will feel like without a regular 9-to-5 job.
Setting all of that aside, deep down you know it is the right thing to do, you just can’t seem to pull the trigger. That is why I wanted to chat with my friends Tess Waresmith and Nicole Franklin. Both recently left their careers to pursue something else.
If you listened to episode 138, you know Tess is a financial educator and money coach for women. Nicole Franklin and her husband Tyler are the creators behind the blog, Not Your Ordinary Plan, where they document their journey traveling the world while coasting to FI.
In this episode, both Tess and Nicole share a ton of practical knowledge such as a checklist to prepare for your leave, how to tell your employer you’re quitting, and what to do about that pesky medical insurance. We also get into the mindset side of things such as how to feel confident this is the right decision and embrace the serendipity of a job-free life.
If quitting is something you’ve been working towards, this is the episode for you. I hope you enjoy my conversation with world travelers and early retirees…Tess Waresmith and Nicole Franklin.
Key Takeaways:
- How to know when it is time to leave your corporate job?
- Understanding money dysmorphia
- Test-driving retirement
- What to do before you tell your employer?
- How to let your employer know you’re quitting
- Embracing whitespace and serendipity of a job-free life
Mentions:
Die With Zero: Getting All You Can from Your Money and Your Life
Taking Stock: A Hospice Doctor's Advice on Financial Independence, Building Wealth, and Living a Regret-Free Life
More of Tess & Nicole:
Instagram: @wealthwithtess and @notyourordinaryplan_
Tess’s Free Course: https://www.wealthwithtess.com/fi
Nicole’s blog: https://notyourordinaryplan.com/start-here/
More of The Struggle is Real:
Find show notes and more at https://www.tsirpodcast.com/
Connect with Justin on LinkedIn: https://www.linkedin.com/in/justinleepeters/
