Tomorrow is the last day at my job. I gave my notice 2 weeks ago.

No, I don’t have another job lined up.

No, I didn’t win the lottery.

No, I don’t have a back-up plan or any idea what I’m going to do next.

So why am I quitting? 

Because I don’t feel 100% committed. Not being fully committed isn’t fair to the company and it isn’t fair to me. Life is too short to be working at a job that you don’t love and aren’t willing to commit 110% too.

Besides, working for someone else will rarely make you rich. One of the reasons is that you get paid for the number of hours you put in. Having a finite number of hours is your limiting factor here. As an employee, you also pay the highest amount of tax since you have almost no tax deductions unlike business owners and the self-employed.

So I think the best option is to quit the job and refocus my long term goals and strategies. The best way to do this is when you’re totally relaxed and in a good mood. So in early December I’m going to Thailand and India for about 5 weeks.

Once I get back, I should be in a more clearer frame of mind to plan the next stage of my working career. I’m very keen on getting an MBA. It may not be the smartest decision financially, but its one of the things I’d definitely regret not pursuing.

Not having a job will free up my time to pursue other ventures. Like investing and writing about investing. And like MoominHouse, I may even take up trading as a side hobby.

My only concern is that either boredom or insecurity (about not having a steady paycheck) will set in and I’ll go back and get a job again!

In the meanwhile, I expect to make approximately $1,200/month from advertising revenue, trust deeds and dividends. While its not a lot, the wife’s income will supplant the short-fall. But it looks like I’ll be going from a job to literally “living off dividends!”.

Wish me luck!