In my mid-30s, I reached financial independence retire early (FIRE) by creating multiple income streams from investments and side hustles. Soon after, I became a Corporate Dropout and never looked back. Here's my wild journey to becoming a financially independent womxn...
First, let's get clear on some definitions.
Womxn is a woman. It is used as an alternative spelling to avoid the suggestion of sexism perceived in the sequences m-a-n and m-e-n, and to be inclusive of trans and nonbinary women.
By financially independence womxn, I'm referring to having enough income to cover all living expenses without having to work for the rest of life. In sum, work is optional for someone who is financially independent.
Looking to change careers? Not sure if you are financially prepared before you quit your job?
I tried leaving the corporate life 3 times. The first time was ugly and messy. Second time was a little better. Third time was the charm.
I was finally able to leave a career that was no longer a good fit. More importantly, it was time to get away from East Coast winters!
So I quit my job, sold the condo and moved across country. I gave everything away and just shipped my car. Join me in my new chapter as an independent womxn in sunny California!
We all know it's not an easy journey to financial freedom, let alone change careers. Those golden handcuffs are no joke!
That's why this site focuses on personal finance & money mindset tips that helped me reach financial independence before I resigned.
Here's my story...
In 2019, I became a Corporate Dropout. Now I help future dropouts get their financial ducks in a row before they quit.
Ready to dropout of corporate too? Maybe you have no idea what you want to do next. Perhaps you want to take a year off to reset. Or start a business.
But right now, you don't know up from down. I get it. In the midst of office politics and work frustrations, it's hard to figure out the next step.
So join our community where we'll cover personal finance, career pivots and money mindset tips!
Ready to become a financially independent womxn too?
I lied. Here's my truth..
When I quit each time, I didn’t tell my parents and some of my closest friends. I knew that telling them would lead to overwhelming concern and nagging.
Instead, I told them after the fact. It wasn’t easy for them to hear and accept but they eventually accepted my decision.
Having a solid support network is probably the most important yet most overlooked key to not only getting your financial ducks in a row, but also to becoming a Corporate Dropout.
Maybe you have no idea what you want to do next. Perhaps you want to take a year off to reset. Or start a business. But right now, you don't know up from down. I get it. In the midst of office politics and work frustrations, it's hard to figure out the next step.
Let's cover financial goals, resignation timeline and emergency savings...
Get your financial ducks in a row.
First, get clear on your short-term financial goals. What are your short-term goals (5-10 years)?
Specifically, what’s your planned timeline to re-enter the workforce? Do you plan to buy a home in which you would need more liquidity in assets for that down payment?
If I could recommend only one tip for future Corporate Dropouts, it is to take small but consistent steps each day towards your money goals.
This could be developing your money mindset, contributing to your retirement, or working on your side hustle.
Also, have a rough idea of your long-term financial goals.
It’s hard to plan so far out in advance. Anything can happen in the next few months. But it’s still important to have a rough idea of your long-term financial goals in order to have a foundation for your future.
What are your long-term goals (10 plus years)? Do you see yourself staying in the same industry? Same city? Starting a family?