An engineer who labored at a Bengaluru-based agency has sparked a dialog on social media after sharing his journey of leaving a comfortable, high-paying job with out one other supply in hand.
Varun Hasija and Dr Mokshda Manchanda stay in a rented condo in Mumbai’s Powai.
Varun Hasija, who has a decade of labor expertise, give up his product administration job that had him incomes over ₹1 crore a yr. On his final working day on the firm in October, the 30-year-old didn’t haven’t one other job supply with a better wage.
“A couple of months ago, I made one of the hardest decisions of my life: I left my cushy, high-paying ( ₹1 Cr+) job without another offer in hand,” Hasija, who lives in Mumbai, mentioned in a viral thread on X (previously Twitter)
“No plan. No backup. Just the decision that I needed a break—a real one—for the first time in my decade-long career.”
The techie mentioned the transfer wasn’t impulsive however a results of a structured framework he had adopted all through his decade-long profession.
How did he plan quitting his high-paying job?
He mentioned his first step was to take his household into confidence. He lives in Mumbai together with his spouse Dr Mokshda Manchanda, additionally 30, who’s an English professor. The following step was to plan their funds as a pair. So, for the subsequent two to a few months, the couple tracked all of the bills that they had, huge and small.
“I made a basic Excel sheet and categorised everything—rent, groceries, insurance, eating out, travel, you name it. At the end of each month, we’d look at where the money went and split it into ‘must-haves’ (essentials) and ‘good-to-haves’ (luxuries).,” Hasija instructed HT.com.
After just a few months, the couple had an thought of what their common month-to-month expense and thus, calculated a determine they felt was essential to keep up their way of life.
“I had planned for a six-month break, but considering how the market is right now, we added another six months as a buffer. So, we just multiplied the monthly budget by 12, and that gave us a safe number to aim for,” he mentioned.
How the couple secured financial savings for the subsequent 6 months to 1 yr
Not having a housing mortgage performed a major position in serving to the couple determine that one associate may give up their high-paying job. The couple lives on lease in Mumbai’s Powai.
“We’ve planned enough to cover our basic lifestyle—no fancy trips or impulsive splurges, but we’re still comfortable. If something big comes up, we can dip into our investments, but that’s more of a last-resort kind of thing,” he mentioned.
For Varun Hasija, three components – happiness, influence and wealth creation – decide what job he takes up. The primary two have been lacking in his final job, he mentioned in his thread.
Hasija has been spending the final two months dwelling extra mindfully, taking good care of his bodily and psychological well being, and spending high quality time together with his household.
Suggestions for somebody who needs to take a profession break
“First, make sure you don’t have any big expenses around the corner—like buying a house or something major you can’t handle without a salary,” Hasija mentioned.
Hasija additionally advises fellow millenials to take their households into confidence earlier than strolling away from a job,
“Taking them into confidence makes things so much smoother and reduces stress later,” he mentioned.
“Lastly, give yourself a buffer. Plan your finances well so you can actually enjoy the break without freaking out about money every other day.”
(Additionally Learn: Ex-Google, Amazon worker quits 6-figure job to make pastries: ‘I’m happier’)