How to take a career break (without going broke) - Part 2/2.

Hey friend! ??

Welcome to the Corporate Survivor podcast with me, Mei Phing! ??

I've taken two careers breaks in 2016 and 2019 to become a caregiver to my mum who was terminally ill (r.i.p) - where I quit my banking job at Head of Governance at Standard Chartered five years ago.

?? Part 1: I shared the key considerations when deciding on whether you should take a career break and how to set yourself up for success when you're ready to return to the working world.

Then I realised, I forgot to talk about this!

How am I going to fund this career break? How can I make sure that I can happily go on my career break without going broke?

In Part 2, I share the essential financial planning for a career break, emphasizing how to ensure stability while pursuing personal time off, and two strategies you can focus on today so you will have the financial freedom to take a career break in the future.

As for me, I'm so thankful to have rediscovered a different career path; transitioning from a corporate girl to a career coach and mentor to 9-5 professionals in the Corporate Survivor.

Highlights

00:00 ??? Career Break Planning: Consider duration and financial needs before resigning.

03:50 ?? Budgeting: Calculate monthly expenses to avoid financial stress during the break.

06:30 ?? Income Growth: Actively seek promotions or salary increases to build savings for future breaks.

10:50 ?? Long-term Strategy: Develop skills and confidence to secure better job offers and promotions.

12:05 ?? Corporate Skills: Focus on mastering fundamental corporate skills for career advancement.

17:15 ?? Peace of Mind: A well-planned financial strategy ensures a stress-free career break.

Are you considering a career break?

Drop a comment and share your experience!

Stay awesome! ??

— Mei Phing

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PS.?How we can work together

When you’re ready, here's how I can help you:

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?? Corporate Survivor?. I?started my career lost and confused. Fast forward, I grew my career?& income to multiple 6 figures. Corporate Survivor? is the best career program to learn the corporate world mindset, skillset?& strategy so you can grow your 9-5 career with clarity, confidence, competence?& opportunities. Watch monthly mentoring session. Course login here. (577+?members. All career levels)