I’m Nowhere near F.I. And I Just Quit My Job

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The best laid plans always go awry, especially in my case. My journey to FI has hit yet another roadblock. I resigned from my job and will be leaving the company at the end of this year.

The past few weeks have been very eye opening and I’ve had to become very honest with myself. I had to come to terms with the fact that I was working at a job that was completely unfulfilling just to make money and pay the bills. The job was stressful, thankless and worst of all, futureless. While a lot of people are the type that can grin and bear it until they reach their goal, I have discovered that I’m the type that wants to have my cake and eat it too. I want any job I work to have one of four things if not all; Job satisfaction, good income, work life balance or professional development. At first, this job seemed like it had it all. It was a non-profit, which meant that it had a great mission and vision, It paid relatively well, compared to other non-profit jobs that I’ve had, and it had great benefits which I was looking forward to enjoying. Two years into the job, I’ve found that while these things were true at the beginning, they are no longer true now. What’s even worse is the fact that there’s no room for growth; no position to advance to, no new skill to acquire, no area to specialize in. If I wanted to grow into the next position, I would have to work in my current role for the next ten years; brain just rotting there as I go through the motions. I don’t know if I’m crazy but I don’t think earning a living wage is worth the risk of brain rot. I would much rather earn less and have the opportunity to learn and find mentors than have a great salary and be stuck in the same place for years.

Quitting was not plan A. I was hoping to work with my company to get them to understand why I valued being in a position where I could learn and develop. I put in requests to attend certification programs, networking opportunities etc. I presented my case in a way that explained how investing in employees could be mutually beneficial. I would be able to work more efficiently, in more areas and represent the company better. I was not able to convince them. Then I did what I usually do when my employer frustrates me. I searched for similar jobs to transfer to. This time around, I had no luck. But then it hit me. Maybe this is the perfect time to think about what I really want to do in life instead of simply looking for job opportunities to take me to the next level of my current field. Do I really want my life’s work to be focused on non-profit operations? The answer was no. Once I decided that I can’t stay in my current situation and must resign, my frame of mind expanded. The question became,” what do I want to do in life?” Instead of, “what job do I want to have next?” I started thinking bigger and that has changed everything.

You might say, ok good for you! But how are you going to pay your mortgage? How can you quit without securing another job? How will you reach F.I without your regular income? While some questions are easy to answer since I’ve anticipated certain situations, I will have to find out as I go for the other ones. As far as covering my monthly expenses go, I will be able to live at my current standard of living for the next 6-9 months since I saved for it. I’m exploring many options, but what I’m hoping I will do is get a job in the field that I want, that gives me access to mentors. I don’t mind taking a pay cut and working entry level position. The goal is to be in a field where I learn and develop both mentally and professionally. Reaching F.I. is still very much the ultimate goal and now is a great time to get creative about earning income as any.

As far as the short term goals go:

while I will not be able to get rid of all my consumer debt, I will be able to get it under 30% of the credit limit by the time I leave my job.

My car loan will still be paid off since I only have $1400 left on it.

The money I planned to invest in 2017 will have to supplement my emergency fund until I can replace my income with an equivalent or higher amount of income.

I will be working on more posts since I have a lot more time. Wish me luck!