Why Quitting a Job Can Make Financial Sense

Reader Comments

Back to blog

My neighbor would agree as she does this all the time! Entry level jobs seem to frustrate her as she meets bottom of the barrel people, as she puts it. She finds them depressing and the fact that many of them act like lemmings with no will of their own and their supervisors seem to always be suffering from power intoxication.

Bill of NY 12:49PM September 26, 2011

Nice thought but not an option in Michigan. He who does not work, does not eat. (And I do like to eat.) Unless you have a safety net or backup person or no obligations other than yourself, you need to keep your job and look for another line of work. It's hard, but it's doable.

Siouxellen of MI 12:28PM September 26, 2011

Several years ago I left my $83,000 a year job in IT. While sometimes I have regretted it, this really was the best decision I ever made!! I did not like working in the field of IT and hated being on call all the time. I was always stressed out and could never keep up with every new technology that was thrown my way to support. To use an analogy....I felt like I could never take a drink of water from a glass but rather had to do it from the fire hose!!

Pat of WI 12:13PM September 26, 2011

The cost of daycare, gas, aftercare, and all the cost associated with having children that need to be taken care of, does in fact sometimes make staying home or working from home a very attractive option.

Planet Ju of FL 12:04PM September 26, 2011

You know, I am completely miserable at my job, and this article does make sense. Luckily my wife and I have created an emergency account with a good amount of savings in it. I have been given her blessing to move forward with quitting my job. We are even moving to North Carolina because we have dreams of going back home and being happy again and doing what we originally have set out to do. My wife is going back to school to get her masters and we will be opening a developmental center for early childhood developement. the economy may be in the dumper, but it doesn't have to kill off your dreams as long as you are smart with your money.

anonymous of DC 11:44AM September 26, 2011

st cloud proud, spoken like a true capitalist

timman of WA 11:33AM September 26, 2011

Leave it to a woman to write an article on why its good sense to quit your job. You know what is good financial sense? Working hard. Looking at your life and seeing how you could be doing more.

St Cloud Proud of FL 11:14AM September 26, 2011

My job is making me depressed, it sure does make it harder to move forward and look for new opportunities. If I quit my job now, it will be financially difficult for my family and MIGHT make it easier for me to move forward. If I don't quit my job, we will be financially stable but I will be stuck here for quite a long time until the economy picks up. But who knows when the economy picks up? I am certain that I am not the only one who is stuck in this kind of situation. Staying - or moving on - is a gamble. Let's be realistic, quitting job can ONLY make financial sense of you know where you're going. Gambling is not really an option. It's only worth it if you know it's going to pay off.

My solution? - went back to school while working to get myself ready and have an edge for future job openings. I am also looking for a job while going to school.

Let's all help America grow - get back to track. I am not a big person, not much of an influence, but little things that we can do to help, if all do it together, it will make a big difference.

Ronson from California of CA 11:00AM September 26, 2011

I completely agree. I am not happy with my current job, but I am lucky because I have other options. I am simply fulfilling the remainding school-year obligation, but once summer comes, I'm outta there! Teachers are so unappreciated and so overworked.

Georgina of NC 11:00AM September 26, 2011

Quitting your job can be so great because working saps all your energy. Energy that can be used to think about changing things, like changing to a more lucrative at home business or time to think of good investments. Before you quit you should put yourself in a situation that cuts down on expenses like moving to a cheaper place, getting rid of the gas guzzler for a cheap car that sips gas etc. and having a bit of savings to give yourself some time to relax and explore new directions.

Tony of CA 10:30AM September 26, 2011

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Back to blog

Alpha Consumer

Kimberly Palmer, senior editor for U.S. News & World Report, writes about making smarter financial decisions. She’s the author of Generation Earn: The Young Professional's Guide to Spending, Investing, and Giving Back.

advertisement

Latest Video

advertisement