The "I QUIT" Fund

What is the first thing you should start today, if you already haven't?  Your "I Quit" Fund. Really, it's your freedom fund.  It gives you a sense of confidence and freedom.  When a person has an "I Quit" fund, they interview for a job differently.  With an "I Quit" fund, they walk around the job differently.  They seem fearless, crazy confident and amazingly attractive.

Hard to believe, huh?

I tell all my friends that they should create an "I quit" fund.  You should too! 

What's an "I Quit Fund"? It's simply what financial advisers call an emergency fund.  It's a stash of money that takes care of up to 3-6 months of household expenses, in case you lose your job.  Or in case you simply decide you can't stand your job, not one more day . . . not one more moment.

There are so many horror stories about bad bosses, crazy co-workers and dysfunctional working environments it's unreal.  We, as employees, take all kinds of abuse because we need the "security" of a paycheck.  But really, should we take that stress and abuse?  We work hard, shouldn't we assure ourselves of a LIFE as trade off for the hours spent with people that we don't voluntarily choose to hang around?

Begin your "I quit" fund.  Start today.  Stash away $10 or $20 or more.  That's what I did.  I stashed away a few dollars every week and I do it to this very day.  Back then, whenever I got some extra money: a tip, a bonus, a raise, I put the money aside.  Whenever I worked a side gig, I stashed away half of whatever I earned.  Soon, I had over $500 in my little secret fund.  I decided that I wanted my money to grow faster than I could save it or earn it, so I put the money where it would grow.  Within a few months, I had a paycheck worth of savings.  Slowly, but surely I was starting to realize my freedom.

Amassing my "I quit" fund got down-right addictive.  I would save up a paycheck worth of "I quit" funds before I would deposit it into my little mutual fund (that was the way I grew my money).  I did this simply because I liked to count my money after a particularly hard day at work.  I would sit there going with stacks of hundred- and twenty-dollar bills, literally touching my freedom.  It felt damned good knowing that I had enough money to scream out "I quit" and at least be able to survive for 30 days before going hungry.  It was a heady feeling . . . a feeling of true freedom.  

Indeed, that money came in very handy.  Eventually, an ethical dilemma came up on my job.  I had a discussion with my boss about the unethical practice we were embarking in. I told him that I did not feel comfortable doing the task that the company wanted me to do.  He demanded that I continue with the process or endanger my employment.  I quit.  

Everyone was flabbergasted!  How could I quit?  Didn't I need my job?  What would I do next?  All types of questions flew around me. No one understood, how I was brave enough, free enough, to actually quit . . . not my boss, not the other employees, not anyone.  I walked out the door, very satisfied with myself.  Feeling a total control over my life that few people ever feel.

Since that day, I have been hooked on saving.  Even if I save $1 a day, that's one dollar closer to my FREEDOM.   It feels good not being a slave to a job, or a career, or the dictates of superiors in an organization.  

How do you create a little bit of freedom in your life?

If you like this article, you should read:

• 14 Reasons You Know It Is Time to Quit
• Why I Won't Apply for Your Job
• Money & Charlie and the Chocolate Factory
• Money is Everywhere!
• If SHE Can Save . . . 
• Your Six Figure Income

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