I'm a single 31 year old journalist at a digital media company, and it's one of the most toxic jobs ever. I work 24/7, I'm stressed out constantly from reading bad news, and live in fear of layoffs as my industry crumbles.
I've decided to change career paths into something more stable and lucrative in tech such as technical writing, UX or content strategy. I'm so sick of my job and it takes so much time and mental energy that I have this urge to quit ASAP just for mental health, but I'm worried about the time and retraining it would take for me to get a new job in a different field, and concerned I'll be less employable if I have gap on my resume. My question is: should I stay at my current job while I work on skills and try to transition careers? Or am I in a good enough financial position to quit and focus fully on training myself/gaining experience for a job in the new field through freelance work? With my savings I feel like I can swing it for at least a year without income, and that's without ANY new money coming in, which seems unrealistic as I plan on taking one or two freelance gigs a month.
Finances:
salary: 65k
location: medium cost of living location, currently paying $1k a month for rent (share w roommate)
savings account: 20k
retirement: combine 401k and roth = 100k
zero credit card or student loan debt
What should I do?
Submitted March 13, 2021 at 09:42PM by throwaway78897e3q32 https://ift.tt/3qNGDdQ