It can be very tempting for some of us to quit work so we can rest, study or just spend more time with the family. What financial calculations do you need to make so you don't end up struggling? Andrea Heng speaks to Andy Soh, who does sales for SMEG Singapore and took a career break for two years.
It is important to sit down with your family to discuss and plan your expenses before taking a career break. (Photo: Pexels/Pixabay)
Jump to these key moments:
Find more episodes of Money Talks here.
A new episode of Money Talks drops every Tuesday. Follow the podcast on Apple or Spotify for the latest updates.
Have a great topic for us? Drop the team an email at cnapodcasts [at] mediacorp.com.sg
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It is important to sit down with your family to discuss and plan your expenses before taking a career break. (Photo: Pexels/Pixabay)
Jump to these key moments:
- 2:40 How do you plan for a career break?
- 3:49 Managing your expenses as a family
- 8:30 Explaining to your children why you are not working
- 11:00 Taking the backseat on the family's finances
- 13:47 Budgeting for a family holiday
- 15:06 Liquidating your investments
- 16:50 How much should you set aside?
- 19:32 The benefits of taking a career break
Find more episodes of Money Talks here.
A new episode of Money Talks drops every Tuesday. Follow the podcast on Apple or Spotify for the latest updates.
Have a great topic for us? Drop the team an email at cnapodcasts [at] mediacorp.com.sg
Continue reading...