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What made you decide to move to Singapore?
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I resigned from my company, tenure 10 years due to burn out, had the ability to save funds as I did not have any work-life balance to do anything else including spend time or take care of my family. Little did I know - the job market is difficult out there. I have the ability to take care of my family but now tapping into my retirement funds to find employment. Trade offs indeed.
Rising Star
Thanks for sharing - leaving after 10 years takes courage, especially for your well-being and family. The job market is tough right now, but hoping something meaningful comes your way soon.
I get that.. some people downgrade their life to do it. Others, dont care for the debt hahha. A few friends saved aggressively for a year, cut extras, and timed it between jobs. Some used severance or bonus payouts, while others had temp remote gigs to float basic costs. It’s doable, but takes serious planning and trade-offs. I haven't done it personally, are you thinking of doing it?
Rising Star
I’m definitely considering it! The planning and trade-offs seem like the biggest challenge. I’m trying to figure out the best way to balance it financially, so it’s great to hear how others have made it work! Thanks for your insights!
I'm not just curious about how they handle this financially, but how are there that many companies that are okay with this? If you're super experienced or have been with the company for 10 years I could maybe see it, but I can't imagine there would be any way for me to take 3 months off right now.
My spouse’s company offers a 4 week sabbatical in addition to PTO after 4 years at the company. It’s crazy to hear about his coworkers that disappear for 2 months and then just come back like they never left. Makes me think that maybe work life balance can be real after all?
Yeah, I only ever see people doing this if they have generational wealth. I live in a pretty low-cost-of-living area, so this is a fairly uncommon practice. I have heard of people from big cities doing it, and my guess is that they have family support or massive credit card debt 😆 maybe both!
Rising Star
Haha, yeah, that might be the case! I think family support plays a big role, and in some cases, people are definitely taking financial risks to make it work.