![]() Think about what you like to do or excel at.Regardless of the order you take these steps, try out these suggestions to help discover your new path: You may instead have to do step 4 (quit) first and figure out what you really want to do later. If your current job is all-consuming, you may not be able to accomplish this before you leave. “If we’re worried about not having enough money, it will be hard to do this transition,” says Heather Hans, psychotherapist and spiritual healer and author of The Heart of Self Love: How to Radiate With Confidence. Having enough savings will help ensure you don’t chicken out. Note that he said “ at least six months.” If you think you’ll need to take time to figure out your next career move, amass more savings, or downsize your lifestyle even further. “Since the average job search takes about four to six months, you should craft a plan of action, which entails saving and living on that for at least six months,” says Dr. Or, maybe your partner can start logging extra hours. Polk, for instance, downsized from a $6,000/month apartment to a $2,700/month one. Either way, begin to see how you can cut back expenses, or make extra money. If you are in such a high-pressured job that you don’t have brain space or time to figure out what you want to do next, then you’ll definitely have to live on savings. Is it a bad fit for me to be in corporate finance or corporate law or is it that I need to go to a smaller firm?” If you find out that what you’re experiencing is the nature of the industry, you’ll need to make a bigger shift.Įven if you figure out your next career path before you quit, you may still experience an employment gap. “Network with people in similar positions at different firms,” he says. Richard Orbe-Austin, executive coach psychologist and partner of Dynamic Transitions Psychological Consulting. Sometimes, your dissatisfaction stems from a toxic boss or a poor work environment, and your problem can be resolved by switching firms, says Dr. ![]() Find out what is really making you unhappy - your job or your career. To break free of golden handcuffs, here are tips from Sam Polk, former Wall Street trader who published a New York Times op-ed about his “wealth addiction” and talked with Forbes about his decision, and three career experts.ġ. The key to success is to do some soul-searching and even spiritual work, combined with some very practical financial homework. It may feel like an impossible situation, but many people have broken free of their golden handcuffs and landed in a far better place. ![]() Like many in your high-paying track, you may have adopted its lifestyle, whether that means a multi-bedroom house with a big mortgage, a private school education for your children, or even a country club membership - along with a group of friends who also belong. ![]()
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