33 min listen
346: Finance Friday: How Sabbaticals Make You Happier, Healthier, and Wealthier
346: Finance Friday: How Sabbaticals Make You Happier, Healthier, and Wealthier
ratings:
Length:
57 minutes
Released:
Oct 21, 2022
Format:
Podcast episode
Description
Taking a sabbatical from work requires a few things: time, money, and the willpower to do some soul-searching. Most people think that they can’t take any more than two weeks of the year off work. They rack up excuses, blaming timing, too many projects, and everything in between. But what if taking a sabbatical, gap year, or any other type of long-ish break was the key to building wealth faster and being a happier, healthier you?Today’s guest Cindy, left a high-paid, stable job to take some much-needed time off. And after doing so, she’s urging you to do the same. Cindy, like most Americans, hasn’t taken time off since starting her working career. Besides the regular vacations and holidays, there never seemed like a good time for Cindy to take a break, recollect, and ask herself what she truly wanted. After taking a mini-sabbatical, she built up the courage to leave her job and hop off the grid for a bit.Surprisingly, Cindy’s net worth didn’t dwindle during her time off—it grew! This positive push from the markets and her newfound clarity allowed her to discover new passions, try self-employment, and later snag a much better job while continuing to work towards early retirement. If you’ve been debating taking some time off, this episode will give you all the tips you need to do so!In This Episode We CoverBuilding your list of “alternative careers” to widen your job possibilitiesBranching out far beyond your job title and doing more than what your degree is inHow to sample a sabbatical to see whether or not you could handle the real thingQuitting your job during turbulent times and how to temporarily prepare for life without workFunding life with a job and what to do before you quitPlanning out your passions so your sabbatical isn’t put to wasteHow employers look at applicants who just took a sabbatical (it’s not what you think!)And So Much More!Links from the ShowBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingMindy's TwitterDavid on BiggerPocketsDavid’s Site From Military to MillionaireListen to All Your Favorite BiggerPockets Podcasts in One PlaceApply to Be a Guest on The Money ShowPodcast Talent Search!Subscribe to The “On The Market” YouTube ChannelListen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPocketsCheck Out Mindy’s 2022 Live Spending Tracker and BudgetClick here to check the full show notes: https://www.biggerpockets.com/blog/money-Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Oct 21, 2022
Format:
Podcast episode
Titles in the series (100)
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