It may already be 2022, but The Great Resignation Wave is still going strong globally, even in Singapore. In fact, some Singaporeans are so burnt out at work that they are willing to get into debt just to quit their jobs. While it may be tempting to do so, hold your horses and ask yourself if it is wise to do so.
Although it may feel empowering to tell your employer “I quit” on a whim, here are 6 money moves you should take to ensure your financial stability before you quit your job.
1. Pay off your credit card debts
The last thing you’d want is to find yourself in unemployment and saddled with debt. If you are thinking of resigning, aim to settle your credit card debts first. By doing so, you can work out whether you have enough finances for you to boldly bid goodbye to your employer. If you find...