Skip to main content
You have permission to edit this article.
How to get your finances in order for the Great Resignation

How to get your finances in order for the Great Resignation

  • 0

Life after debt? Sara Rathner, a credit cards expert at NerdWallet, explains how you can manage your debt so it stops managing you.

In August, 4.3 million Americans quit their jobs. Then in September, another 4.4 million did the same.

We refer to it as the great resignation, though others call it the great reshuffling or the great reorganization. Whatever you choose to call it, the Covid-driven phenomenon looks the same: People are rethinking their careers and making changes, either by moving to another company in their field or pivoting to a new industry altogether. And some may be suffering from burnout or long Covid symptoms and need an extended break from the workforce.

Employees, not employers, have the upper hand in many fields: there are more than 10 million jobs available in the U.S.

If you’re thinking of taking the leap to a new job soon, or you want to quit and don’t have a next step in mind, it’s the perfect time to examine your finances. Reviewing your financial situation can help you prepare for wage loss and other challenges that could arise.

Here’s a checklist for shoring up your finances before quitting your job.

Read the full story:

Check out more of the week's best financial reads from experts:


The business news you need

* I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy.

Related to this story

Most Popular

Host Teri Barr talks with Kelly Anne Smith, Consumer Finance Reporter for Forbes Advisor, to learn how you can safely choose a nonprofit or organization to support this holiday. A new survey shows 90% of donors plan to give the same amount or even more in 2021 than last year. Kelly Anne shares tips to be sure your donation will make the biggest impact, and has a few other great ideas for you to consider during the "giving season." Read more here: 3 Ways To Embrace Conscious Gifting This Year See for privacy information.

Get up-to-the-minute news sent straight to your device.


News Alert

Breaking News