In this episode, Katrina and James discuss the importance of budgeting for a career break, emphasizing the need for a well-thought-out financial plan that includes emergency funds and ongoing expenses. They explore the concept of viewing a career break as an investment in personal well-being and fulfilment, encouraging listeners to reflect on their financial readiness and the true costs of taking a break. The conversation highlights the significance of intentional spending and the necessity of preparing for the break and reentry into the workforce.TakeawaysBudgeting is crucial for a successful career break.Consider all potential expenses, including emergencies.Separate your finances into different buckets for clarity.Discipline in spending helps maintain your budget.View your career break as an investment in yourself.Prepare for the reentry period after your break.Intention in spending can lead to better financial decisions.Reflect on what you truly want from your career break.Emergency funds are essential for unexpected situations.It's important to ask if you can afford a break.Need help with your break? Katrina’s got you covered. Book a coaching session today, join BreakSpace - the new career break community, or check out Katrina's book below. If you have any questions, please feel free to get in touch today to start your journey!Book a coaching session - https://kmcgheecoaching.as.me/schedule.phpJoin the waitlist for the BreakSpace community - www.breakspacecrew.com Purchase Taking a Career Break for Dummies - https://www.kmcgheecoaching.com/bookEmail - [email protected] Hosted on Acast. See acast.com/privacy for more information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.