A friend asked me how did I muster the courage to leave my job. My banking career of more than 10 years. It got me thinking the entire day, what exactly was the rationale behind my decision.
I suppose motherhood brings a whole new perspective to how I view everything, from how I spend my time to how I want to live life from hereon. So, today, I shall write about what should be the considerations to be considered before anyone (a parent, in this case) make that big move, that giant leap of faith.
1. Are you MADLY (it has to be madly, or any other synonyms you fancy) in love with your child, wanting to spend all the time that you can afford on this child, making sure you provide the best upbringing for her? If yes, move on to #2. Otherwise, please stop here and go back to your work. Oh, don’t get me wrong here, everyone is entitled to what they think is best for their child and themselves.
2. Can you afford to be a stay-at-home parent, while your other significant half be the sole breadwinner? If yes, congratulations! You’re one damn lucky woman (or man) and I envy you greatly. So what’re you waiting for? Just quit your job already and be a socialite mom. Or dad. Who’s to judge?
Otherwise, please go back to work. You need to start building your own networth, a minimum of 12-months equivalent of your current pay to sustain you while you figure out what to do to survive after you deplete your 6-months worth of savings (for me, it’ll be 3-months worth). Which brings us to #3.
3. So what happens on Month 7? Will you be working from home? Or will you have a business of your own? Or will you still be employed, but on flexible hours? Depending on what you can do and know, you can opt for whichever option that works best for you. But one thing’s for sure. Don’t expect to earn what you’ve been drawing from your previous job for the next 1 year, at the very least! Of course there’re exceptions to this, and I tip my hat to you if you’re the exception. Do drop me a private note to share your success story. Sharing is caring, they say! *wink*
Now, there’ll be parents who would shudder at the thought of not able to build that million dollar education fund for their little one(s). Well, I’d say this. No amount of top dollars will provide the level of education as compared to the invaluable time spent by the parent nurturing and educating the child from infancy. This will be another separate topic we shall write about in the next post.
So there you have it. Three simple considerations before you decide to ditch your cortisol-laden corporate high life, and swap it for the endorphin-filled humble life of a full time mum. My three cents worth.