You should save the equivalent of 3 to 6 months of your fixed monthly expenses before voluntarily leaving a job. If you plan to become a freelancer or start a business, it is advisable to have a backup fund of 9 to 12 months.
Steps to calculate your career transition fund:
- Identify your essential expenses: Add up only rent, utilities, food, minimum debt payments, and transportation (exclude entertainment and luxuries).
- Multiply by the search margin: Multiply that cost by 6 (the average number of months it takes to secure a similar position).
- Add a margin for health: Consider the cost of an independent major medical insurance policy or voluntary social security contributions.
Having this capital prevents you from accepting low-quality job offers out of desperation or running up credit card debt.
¡Qué útil! La recomendación de ahorrar 3 a 6 meses de gastos fijos es un gran paso para la independencia laboral.
Me encanta la claridad del artículo, ¿podrías explicar cómo se determinan los gastos indispensables?