Is Taking a Sabbatical from Work the Key to Living Better?

about this episode:

  • October 19, 2022
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Taking a sabbatical from work requires a few things: time, money, and the willpower to do some soul-searching. Most people think that they can’t take any more than two weeks of the year off work. They rack up excuses, blaming timing, too many projects, and everything in between. But what if taking a sabbatical, gap year, or any other type of long-ish break was the key to building wealth faster and being a happier, healthier you?

Today’s guest Cindy, left a high-paid, stable job to take some much-needed time off. And after doing so, she’s urging you to do the same. Cindy, like most Americans, hasn’t taken time off since starting her working career. Besides the regular vacations and holidays, there never seemed like a good time for Cindy to take a break, recollect, and ask herself what she truly wanted. After taking a mini-sabbatical, she built up the courage to leave her job and hop off the grid for a bit.

Surprisingly, Cindy’s net worth didn’t dwindle during her time off—it grew! This positive push from the markets and her newfound clarity allowed her to discover new passions, try self-employment, and later snag a much better job while continuing to work towards early retirement. If you’ve been debating taking some time off, this episode will give you all the tips you need to do so!

00:00 Intro
02:42 Creating 100 Careers
09:00 Sampling a Sabbatical
20:57 Funding Life Without a Job
29:14 Planning Your Time Off
37:21 How Do Employers View Sabbaticals?
40:31 Before You Take a Sabbatical
45:18 Connect with Cindy!
45:58 Time-Off Takeaways

Show Notes at:
https://www.biggerpockets.com/blog/money-346?utm_source=youtube&utm_medium=description&utm_campaign=none
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A Mini-Retirement Road Trip in Your 20s with Becky & Noah:
https://www.biggerpockets.com/blog/biggerpockets-money-podcast-23-a-mini-retirement-road-trip-in-your-20s-with-becky-and-noah?utm_source=youtube&utm_medium=description&utm_campaign=none
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How to Retire Early (From Someone Who Did at Age 27):
https://www.biggerpockets.com/blog/retire-early-real-estate-investing?utm_source=youtube&utm_medium=description&utm_campaign=none
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What to Do Before You Quit the High-Pay & Benefits of Corporate World:
https://www.biggerpockets.com/blog/money-305?utm_source=youtube&utm_medium=description&utm_campaign=none
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Check Out Cindy’s Blog, “Fish to Fire”:
https://fishtofire.com/
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From Military to Millionaire:
https://www.frommilitarytomillionaire.com/
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Want to Be a Guest on the BiggerPockets Money Show? Apply Here:
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Connect with David and Mindy on BiggerPockets:
David: https://www.biggerpockets.com/users/usmc3140?utm_source=youtube&utm_medium=description&utm_campaign=none
Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none
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