Career breaks and sabbaticals are becoming more common in Singapore, especially among millennials and Gen Z professionals. More individuals are choosing to step away from work, whether to travel, support their mental well-being, explore a personal interest, or simply take time to breathe and recharge. These breaks are now seen as a sign of self-awareness and confidence. That said, leaving a steady income can feel financially overwhelming if you do not have a clear plan.
This article will walk you through how to prepare your finances so you can take a career break with confidence rather than worry.
What’s driving your career break, and how long will it last?
Start by being honest with yourself about why you want to take this break. Are you planning to backpack across South America, enrol in a professional course, spend quality time with your kids, or simply recover after years of nonstop hustle?…