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Personal Finance Round-Up: How to Leave Your Job in This Economy

Money Crashers

With the extreme high rates of unemployment sweeping the nation, every day working at a company is becoming scarier and scarier. You have to always be on your toes and make sure you are the perfect employee to avoid being tossed out onto the street in a difficult work environment.

But even now, some people are moving up and moving on to better things. In that situation, you never want to burn bridges as you can never know when you may need someone’s help from your past, but what is the etiquette for leaving a company on good terms?

Well, over at Darwin’s Finance, a colleague of his left the company for another job offer and got to discover how things can be a lot different than you might expect, in Should You Get Your Bonus When Quitting Your Job? Here are some other great posts from the personal finance blogosphere:

How To Make Six Figures A Year At Almost Any Age
Speaking of jobs and moving up, Financial Samurai had a very interesting perspective on making more money. His argument was that you can make six figures at any age, and he backs that up with criteria and action steps to get that income you have always dreamed of. [Financial Samurai]

Could Your Job Be Outsourced? Top Jobs Targeted For Outsourcing
Outsourcing has been around for ages but it seems lately that anything a company can do to stay afloat, it will do and because of that, outsourcing has taken all new shapes and forms from Programmers to Customer Support. What jobs are next up to be shipped overseas? [The Digerati Life]

How To Win McDonald’s Monopoly Game
It’s that time again and this golden oldie returns to entice customers into buying more to get silly game pieces in the hopes of a big payoff. Why not try your luck? But first, check out Jim’s complete guide to playing the game and winning. [Bargaineering]

The Money and Happiness Relationship
Is there an actual price at which individuals become truly happy? Well, I like to think it’s a bit more complex than that, but I’ll go right ahead and shoot for that number just in case! [Budget Snob]

Should Millionaires Apply for Unemployment?
On the other side of the spectrum, we have those millionaires that never seem to have enough. The question is, should they be treated like everyone else or be given special, be it good or bad, treatment due to their net worth? [Fiscal Fizzle]

I’m Sick Of Hearing It’s For The Kids
Times are hard; that’s a simple fact right now but are kids these days running into hard times as well? Going through trials as a kid builds character and prepares a child for the hard life ahead of them, but what happens if a child is given everything they need or want? [Free From Broke]

America’s Cheapest Family
This family takes hardship and frugality to the extreme. On an income averaging $35,000 a year, the family of seven live debt free lives and are an example of how far a budget can really be stretched. [Wealth Artisan]

Lessons We Can Learn From Blockbuster’s Demise
Blockbuster finally filed for bankruptcy after watching many of its competitors go before it and struggling itself to compete with cheaper alternatives such as Netflix, but from every failure comes new knowledge. [Wise Bread]

4 Tips to Becoming an Outrageously Cool Entrepreneur
When you have reached your limit on what you can cut back, sometimes the best way to get ahead is to start your own business or businesses. Here’s an article with a video of things you should be doing if you plan to make it as an entrepreneur. [Good Financial Cents]

How to Suck at Launching a Product
There are lots of ways to fail out there but the real lessons we learn in life come from those failures. Baker failed big time, but not only did he learn a thing or two, he details exactly what he learned so we don’t have to experience this ourselves. [Man vs Debt]

So what do you think about business etiquette, millionaires collecting unemployment or jobs being outsourced? Let us know in the comments below!

(photo credit: Alex E. Proimos)

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Comments

  • http://www.fiscalfizzle.com Wojo

    Thanks for highlighting my post! It’s been a great debate (though largely one-sided) so far.

    • Andrew (Admin)

      You got it Wojo! You’ve no doubt raised a super interesting issue that I’ve grappled with in the past when I’ve heard people doing this.

  • http://freefrombroke.com Craig

    Thanks for mentioning my article on kids getting too much when the parents can’t really afford it.

    • Andrew (Admin)

      No prob Craig. It was an awesome post!

  • http://budgetsnob.com Jerret

    Thanks for mentioning my article and the link back. Appreciate the shout out!

    • Andrew (Admin)

      No problem Jerret. Great post!

  • http://www.youngandthrifty.ca youngandthrifty

    Hmm I guess millionaires have a right to collect unemployment considering they probably have a “millionaire lifestyle” they likely need to keep up. Technically, they should be allowed, but there’s just something wrong with that picture in the general sense. :)

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