{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Ryan Inman: Financial Tips to Help Prepare for Your Quit!","description":"Are you financially prepared to quit your job to start something new? There are so many aspects you need to consider, and financial expert, Ryan Inman, is proof that sometimes taking that leap with only your savings account is enough to land on your feet.   Ryan started his business, Physician Wealth Services, after leaving a hostile work environment. He got to the point where he just couldn\u2019t take it anymore, so left his job without any notice. While Ryan landed feet first, he also had a solid savings account built up after years of working. Perhaps the most important interpersonal lesson from Ryan is that you should always endeavor to help people without the expectation of anything in return. This is how you build relationships and your network, even if you didn\u2019t have an existing one when you started your new venture. Ryan talks us through how to prepare your finances for quitting your job. It starts with knowing how much you spend each month, building a savings pot (or nest egg), and speaking with people in your new industry about what kind of money you can expect to bring in. When it comes to saving money, it\u2019s easy to listen to experts weighing in on your weekly Starbucks. But why should you cut something out of your life that brings you joy? Save money on something that you don\u2019t like and that isn\u2019t necessary. Finally, Ryan gives us the low-down on student loan debt. There are things you need to know about your student loan repayments, even if you aren\u2019t thinking of quitting your job. But if you are, there\u2019s also a host of things you should avoid if you\u2019re encumbered with debt. Do you know how much money you\u2019re bringing in each month, and how much you\u2019re spending? What expenses can you cut out of your life to save money? How will you handle your debt when you quit your job? Let us know in the comments on the episode page! In This Episode: What happens when you take a leap and leave a job without notice Why you need to leave hostile work environments when there is a better life out there How to build your network from the ground up Why you should help people without any expectation of something in return How to prepare your finances for quitting your job Why you should speak to people in the career you want to switch to How to choose what to save money on; it\u2019s not necessarily about the Starbucks What some things to avoid are if you want to quit while you have significant amounts of debt What you need to know about student loan repayments   Quotes: \u201cIf I don\u2019t do this now, I\u2019m never gonna do it. So let\u2019s jump in!\u201d (6:56) \u201cWhen it comes to saving money, I want you to think about cutting something that doesn\u2019t make you as happy as other things.\u201d (18:15) \u201cIf you have student debt, it might stink, it\u2019s not the sexiest thing in the world, but please understand what kind of debt you have. Is it federal, private, what repayment options are available to you because before you quit, you want to understand this? It might have drastic implications on what you do going forward with your loans.\u201d  (24:21) Links Find Ryan Inman and Physician Wealth Services Online  Follow Ryan Inman on Twitter | LinkedIn Learn more about LoanBuddy.US Get 10% off your order of Remarkable Wellness adaptogenic mushrooms with code QUIT10!   Check out the full episode post here Keep up with everything Quit Happens here Follow Lynn Marie on Twitter | Facebook | LinkedIn | Instagram Podcast production support by the fine folks at Counterweight Creative ","author_name":"Quit Happens | How (and why!) to strategically quit your job, leave your relationship, or part ways with toxic mindsets.","author_url":"https:\/\/quittingbydesign.com\/quit-happens-podcast\/","html":"