When I went back to work (for someone else), I quickly realized that I wanted another sabbatical. Don’t get me wrong, I loved my new job. I was excellent at it, and I made an impact while there. Yet, I recognized that I wasn’t willing to put up with a lot of things anymore that had seemed so acceptable before my sabbatical. And fortunately, I didn’t have to. Still debt-free, I had continued to save what I could for the worst-case scenario. Or best-case scenario, seeing that quitting my job meant the continuing pursuit of my passion. Being locked out at work when it came to top management decisions, combined with my husband’s recent retirement, and a raging pandemic with employees unwilling to get vaccinated, made me reconsider my priorities in life (once again). It would be less stressful and more fun to spend some quality time with my awesome spouse while continuing down the road of authorpreneurship. I quit my new job after just one year. Life’s too short.
Key is to know how much it takes to maintain that financial independence. Sometimes I get these moments of FOMO (fear of missing out). Friends buying new cars, eating at fancy restaurants, trying out the latest and greatest gadgets, remodeling kitchens, etc. But it doesn’t last long. My quality of life is no less because other things are more important and fulfilling to me. I don’t want to be house-poor or married to a certain income just to be supportive of debt or an expectation that is not realistic or healthy. First world problems, no doubt.
Should you attempt to adjust your lifestyle for your long-term goal, you will be faced with these emotions. Financial independence comes at a price. Think about though, what that price is. All you have to do is be honest about your feelings. Are you jealous? Over bragging rights that are truly short-lived?
I wasn’t suffering while on sabbatical. I still had money to spend for things I needed and wanted, and I still went out to eat. I had planned for it. I’m sure some thought that my husband was wealthy or that I had inherited money to be able to sabbatical repeatedly. The truth is that while my husband supported me, it was not 100% financially. We each kept obligations on what we would buy every month, and yes, we had shifted a larger portion of expenses on him (since he was still working during my first sabbatical). But that was the right thing to do. Whoever makes more, should carry the larger burden of expenses. For years, my financial commitment had been much bigger since I had earned more money. When I started my sabbatical, I had not planned on him stepping up to the plate, but he did. (The point is that you should always count on yourself to get you to your goal). If your spouse does not support you in this endeavor financially and emotionally, then you can still do this on your own, but your financial and emotional drain will be much larger. You must know this going in, but don’t let this prevent you from doing it. You are doing this for YOU.
My strategy has always been to quit without a plan, ignoring my debt. Maybe I should try your way next time!
Awesome thoughts!
Many people fall into the big debt trap and become wage slaves. The financial system thrives on that but if it’s not your dream job it can become exhausting. The material world is no guarantee for happiness although comfort is desirable. Some people can live their whole life as a cog in the wheel whereas others reach for more. There is no rewind.
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