June 2, 2011, 6:00 am

Why Does Everyone Want to Quit Their Jobs?

by: MD    Category: Alternative Income
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Do You Want to Quit?
There seems to be a lot of hype going around about quitting your job and working for yourself. There’s a lot of cheerleading and promotion about the benefits of being your own boss and leaving your current employer. It seems like an amazing idea. You can leave your job, never have to see your annoying co-workers again, and be free for the rest of your life. Is it really that easy? I’m not so sure.

The other day Mike wrote about why he will never quit his job. I always enjoy a post like this because it helps to take a realistic look at things. There are people out there that are making lots of money of online and still don’t plan on quitting their job.

A while back I asked if you’re jumping on the self-employed bandwagon? The reason I did so is because it feels like more people just don’t want to work rather than work for themselves. Quitting your job isn’t the only answer to all of your problems. There’s more to the issue.

I don’t want to suggest that you should remain in a toxic workplace environment for the sake of money. I just wanted to take a realistic look at the whole notion of quitting your job. I wanted to share why I’m not a huge supporter of quitting your job just yet:

Money.

We all need money! What will you do for money? Do you have a strong backup plan or a war chest for money? I find that the idea of making money is overlooked too often. The thing with quitting your job is that I think you need to have your financial situation taken care of first. This means that you need a strong financial buffer mixed in with a proven income. Without this combination, quitting your current job will only lead to added stress. Do you want to go right back on the job hunt right after quitting?

If you have a way of making a living then quitting your job will likely work for you. Without a strategy you’ll be no better off. That’s just my opinion.

Connections that you can build.

Think about the personal and professional connections that you can build at work. I’m sure that many of your close friends are individuals that you met on the job. In many case you’ll spend more time with your co-workers than your family. Just imagine how many more connections you can build if you stay employed. You can also meet connections that will take you in different directions when it comes to future employment and promotions.

Getting out of the house.

One of my friends once told me that he couldn’t live life with his wife not working. He also told me that he couldn’t imagine not working either. I think the thing is that we often feel like more free time is the solution to our problems. More spare time isn’t always the best solution. There’s no guarantee that you’ll use this time properly. There’s also no guarantee that you’ll be much happier just because you have more time. It can be good for you to get out of the house and to remain active with your current job. Maybe the problem is that you need to switch departments, companies, or fields. Simply quitting your job isn’t always the best answer to your work problems.

That’s just one side to the argument. I wanted to present a realistic look about why quitting your job isn’t always the best option. I would love to hear a counter argument.

Do you want to quit your job? Have you considered quitting your job? What would you do with your new found free time if you did happen to quit in the near future?

(photo credit: raleignichols)

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Comments

by: The Financial Blogger | June 2nd, 2011 (12:20 pm)

great post Martin!

I think there is a huge difference between the idyllic dream of quitting your job and the “not so glamorous” truth 😉

I am quitting my job in just a few weeks to stay home with our small children and avoid paying high priced urban day care. Luckily, my husband has a steady income.

This will give me a great opportunity to work on building a freelance writing business. If it doesn’t work out, I’ll go back to work when the youngest is in school full-time.

Having said that, I agree that often it is better to stick with your current job and build up those side gigs.

If you are unhappy in your career or profession, you are always talking about some dream. I am in favor of that, however start to work on that dream so you really know if it is viable. That was part of my journey to financial freedom.

When I was at my job, I didn’t really think about quitting. When I got laid off, it sort of gave me the “out” that I had been considering but wasn’t really willing to make. Sure, I had the free time to work for myself but it’s a lot harder than people make it out to be. You don’t go right into making money. There’s so many things in between that I think a lot of people overlook.

Great Article and a refreshingly honest one. I have never before come across a blogger who is advocating staying in employment and not quitting your job. What you say makes perfect sense but I think its the fantasy of quitting your job that attracts most people.

I think most people realise that life would be tough with little or no income coming in. For those who do try to become self employed its a tough long hard work – probably working harder than they have ever worked in a job with no guarantee of a steady income.

That being said – if everyone thought like that we would have no companies in the first place because no one would take the risk of starting one.

I don’t think I will ever quit my day job. First, I love it. Also, it does earn me quite a bit of money for not really doing a whole lot. Third, I still have plenty of time to do things I enjoy, such as blogging and side businesses. Finally, there are a lot of perks that being self-employed would cost me: vacation, free health insurance, etc.

[…] Why Does Everyone Want to Quit Their Jobs? (via The Financial Blogger) […]

The freedom to work for yourself is a great dream, but running a business is work.

Yes, self-employment is a goal for me, but not until the income is steady. I’m building now, to become self employed later.

I think it has alot to do with people having no feeling of accomplishment from their mundane and trivial jobs. I doubt people with jobs that requires them to build toward something hate their jobs like most people hate their jobs

Yes, we do need money, yes we do need connections and yes it is nice to get out of the house. Good points all. There is a lot to be said for a consistent salary that you can count on day in day out.

That said, I hope I never have to go back! I’m loving being ‘retired’ (yes I really did retire but now am indeed working twice as hard learning how to make money online doing what I love).

quitting the day job is fine for some people, but as someone who has been there and done it, and who is now a successful internet marketer, i don’t recommend it until you have some other form of sustainable income. i am a big advocate of “side gigging”, which is the main premise of my blog. nothing like getting the best of both worlds…