Advertisement

Anonymous

01 Feb 2025

∙

How much money should i save up and set aside if i am planning to take a career break 6months-1 year?

I am tired feeling burnt out from corporate life.

19

Discussion (19)

What are your thoughts?

Learn how to style your text

Dang

12d ago

Than you'll need 6 - 12 months of fund

Reply

Save

I.L.

Edited 11 Mar 2025

You should ideally have at least 1 year worth of your current monthly salary. If I were you, I would keep 100 k sgd liquid money.

Use this time to heal your mind and understand what is the cause of your burn-out.

#Not proper financial advice.

Reply

Save

Sireatsalot

28 Feb 2025

You would need to know how much you spend on the monthly basis and whether there are any debts you need to pay for in the next year like your insurance or mortgage etc. You can find and use emergency fund calculators available online.

Reply

Save

SH

09 Feb 2025

Try $2000/month

Reply

Save

Debbie

06 Feb 2025

Burnout is real, and taking a career break can be a great way to reset. A good rule of thumb is to s...

Write your thoughts

Related Posts

I have a sum of money (~150k) that I'm looking to set aside for 3-5 years. Anyone here knows of any plan that I can consider? I'm hoping to preserve my capital and earn some interest (~2% is fine)?

I’ve been saving so much money which i opened up two bank accounts which combined both have about $50k. I’m planning to get married in 2.5 years time. Should i start investing?

How do you determine how much you set aside per month for savings? My girlfriend loves to shop, and I don't have much savings myself. How do I know how much is "enough"?

How much savings your have at the age of 26? I am 26 now. I have been working for 7.5 years. My saving is around $40k. Is it healthy? I am wonder how much money you have when you are same age as me? ?

Im a 21 years old with a 1.5 years old kid. taking full time degree as of now. I have a total Savings of 180k as of now. I sell stuff online ..getting revenue of 10k a month. Bto coming in 2023. Any good investment or saving plan I can consider?

Related Posts

I have a sum of money (~150k) that I'm looking to set aside for 3-5 years. Anyone here knows of any plan that I can consider? I'm hoping to preserve my capital and earn some interest (~2% is fine)?

I’ve been saving so much money which i opened up two bank accounts which combined both have about $50k. I’m planning to get married in 2.5 years time. Should i start investing?

How do you determine how much you set aside per month for savings? My girlfriend loves to shop, and I don't have much savings myself. How do I know how much is "enough"?

How much savings your have at the age of 26? I am 26 now. I have been working for 7.5 years. My saving is around $40k. Is it healthy? I am wonder how much money you have when you are same age as me? ?

Im a 21 years old with a 1.5 years old kid. taking full time degree as of now. I have a total Savings of 180k as of now. I sell stuff online ..getting revenue of 10k a month. Bto coming in 2023. Any good investment or saving plan I can consider?

Advertisement