Before handing in !!!!!!!!!! your resignation !!!!!!and unemployment !!!!!!!!!!!!!!!!!!!!!!!

There are several things one needs to think through before plunging into voluntary unemployment. It could be months before you find another job, but that doesn’t mean you are off the hook as far as the bills are consider. In fact, your bank balance is just one of the things to consider before you hand in your resignation.

Bank savings: If you don’t have enough money in the bank to last you at least three months, this is not the right time to quit. Remember, expenses only increase. So, you have to be prepared for the worst case scenario, especially if you are married and have a family to fend for. You cannot avoid paying your children’s school fees, can you?

Job hunting: Start looking for a job the moment you think about quitting, not after you have resigned. You have to put yourself out there and compete with more qualified candidates for the same position, and it will be challenging. There will be several rejections and negotiations before you find the perfect job, so start early.

Read company policies: More often than not, there is a fine print to your company contract — either a notice period or a clause that says you can’t quit before completing the stipulated notice period. Make sure you’ve read the whole contract thoroughly before you resign and accept another offer, because the last thing you want is to be entangled in complicated HR policies and a potential lawsuit.

Test the waters: The grass may seem greener on the other side but it’s usually not the case. So if you think your current job is a dead-end, make sure you’re not going from the frying pan to the fire. Before finalizing an offer from another company, do your research and talk to one of their employees, if possible.

Talk to your spouse: Your decision is not just yours; it will affect your family as well. Talk to your wife or husband and explain to them why you want to quit. Take their suggestions into consideration and explain that things are going to be different around the house as the entire household budget would be revised. Both of you have to chalk out a plan that will help you get through difficult times