Could you quit your job on Monday morning?

Knowing that you could quit your job any day can improve your relationship with your boss and your job, Trent Hamm explains. Achieve financial independence so you don't fall victim to your job. 

Tom Peter/Office Robot/File
Help desk workers at Aethon's Pittsburgh, Penn. headquarters. Trent Hamm explains that maintaining high financial independence can improve office dynamics.

Think about it for a second.

Could you walk into your workplace Monday morning, look at your boss, and hand in your letter of resignation? Could you do this without entering into an absolute financial apocalypse at home?

It’s a dream a lot of us have.

It’s something I actually did in February 2008, not because I disliked my boss or coworkers or even the interesting parts of my job, but because I felt like I was becoming the father I didn’t want to be and because I was really frustrated with bureaucracy. 

I didn’t do it without a plan, though. I had spent the last two years pretty much planning non-stop for that moment, throwing everything but the kitchen sink at that plan. Sarah and I had turned around our financial situation. I had built up a side gig (The Simple Dollar) that could provide enough income to make a difference. I also had enough savings in the bank to make sure that if things went awry, we could find a new path quickly.

So, I walked. I don’t regret it, though I do miss the people, particularly the “elderly” fellow who was my office mate for six years.

The point is that quitting your job tomorrow is a very powerful yardstick by which you can figure out whether or not you’re truly financially independent.

If you could walk out on your job without panic, then you’re at least independent from your job, which is, in all likelihood, your primary method of earning income.

There’s something even more important than that, though.

Knowing that you could walk out in that way changes the balance of power at work.

If you know you can’t walk out in that fashion, then you’ve ceded power – a lot of it – to your boss. If you don’t do what your boss demands of you, you might just see a pink slip in the very near future, which would be devastating for you.

Your boss knows it, too. They recognize that many of their employees need this job and thus can be pushed when it’s warranted.

You don’t want to be that employee.

On the other hand, if you know you can walk out at any time if you wish, then the tables are turned. You have the power. That doesn’t mean that you can or should slack off at work. What it does mean is that you don’t have to sit back and take mistreatment.

It means you have far more power to have input about your job.

It means you don’t have to be afraid to raise your hand in a meeting and speak your mind.

It means you don’t have to have cold sweats about a challenging project failing; you can just focus on achieving it.

It means you don’t have to go into full panic mode when there are whispers of layoffs at work.

It’s not easy getting there, but achieving that level of financial independence completely turns the tables on your relationship with your job. It becomes drastically less stressful and much more fulfilling when you’re in the driver’s seat.

The first step is up to you.

The post Could You Quit Your Job on Monday Morning? appeared first on The Simple Dollar.

You've read  of  free articles. Subscribe to continue.
Real news can be honest, hopeful, credible, constructive.
What is the Monitor difference? Tackling the tough headlines – with humanity. Listening to sources – with respect. Seeing the story that others are missing by reporting what so often gets overlooked: the values that connect us. That’s Monitor reporting – news that changes how you see the world.

Dear Reader,

About a year ago, I happened upon this statement about the Monitor in the Harvard Business Review – under the charming heading of “do things that don’t interest you”:

“Many things that end up” being meaningful, writes social scientist Joseph Grenny, “have come from conference workshops, articles, or online videos that began as a chore and ended with an insight. My work in Kenya, for example, was heavily influenced by a Christian Science Monitor article I had forced myself to read 10 years earlier. Sometimes, we call things ‘boring’ simply because they lie outside the box we are currently in.”

If you were to come up with a punchline to a joke about the Monitor, that would probably be it. We’re seen as being global, fair, insightful, and perhaps a bit too earnest. We’re the bran muffin of journalism.

But you know what? We change lives. And I’m going to argue that we change lives precisely because we force open that too-small box that most human beings think they live in.

The Monitor is a peculiar little publication that’s hard for the world to figure out. We’re run by a church, but we’re not only for church members and we’re not about converting people. We’re known as being fair even as the world becomes as polarized as at any time since the newspaper’s founding in 1908.

We have a mission beyond circulation, we want to bridge divides. We’re about kicking down the door of thought everywhere and saying, “You are bigger and more capable than you realize. And we can prove it.”

If you’re looking for bran muffin journalism, you can subscribe to the Monitor for $15. You’ll get the Monitor Weekly magazine, the Monitor Daily email, and unlimited access to

QR Code to Could you quit your job on Monday morning?
Read this article in
QR Code to Subscription page
Start your subscription today