A Sabbatical Will Change Your Life—and Finances

The Money with Katie Show

Money with Katie

Investing, How To, Self-improvement, Business, Education

4.8 • 1.3K Ratings

🗓️ 27 September 2023

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today, we’re making the personal and professional case for some extended time off. Who needs a sabbatical, and most importantly, how do you take one? We cover the logistics, finances, and psychology behind stepping away from work—along with three interviews: Jen Fisher, the Human Sustainability Leader from Deloitte, Progress Coach Jillian Johnsrud, and Rich Girl Rachael Levine (@trippingmillennial) who took a sabbatical of her own. Join the waitlist for a discount on the 2024 Wealth Planner: https://www.morningbrew.com/money-with-katie/subscribe/mwk-wealth-planner-2024 Transcripts can be found at https://podcast.moneywithkatie.com — Follow Along at Money with Katie: https://moneywithkatie.com/ Watch on YouTube: https://www.youtube.com/@MoneywithKatie Follow Money with Katie! - Instagram: https://www.instagram.com/moneywithkatie/ - Twitter: https://twitter.com/moneywithkatie Subscribe to The Money with Katie Newsletter - Sign up for free today: https://www.morningbrew.com/money-with-katie/subscribe/2 Follow the Brew! - Instagram: https://www.instagram.com/morningbrew/ - Twitter: https://twitter.com/MorningBrew - TikTok: https://www.tiktok.com/@morningbrew — While I love diving into investing- and tax law-related data, I am not a financial professional. I have no formal financial education. I am not a financial advisor, portfolio manager, or accountant. This is not financial advice, investing advice, or tax advice. The information on this podcast is for informational and recreational purposes only. Investment products discussed (ETFs, index funds, etc.) are for illustrative purposes only. It is not a recommendation to buy, sell, or otherwise transact in any of the products mentioned. Do your own due diligence. Past performance does not guarantee future returns. Money with Katie, LLC. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	When you look at data, you see these stories time and time again of people like on their
0:08.7	deathbeds or later in life being like, I wish I did this.
0:12.3	And yet you don't really see this massive shift of people responding to that data, like
0:18.0	that information that we have about how people wish to live their lives by changing their
0:21.8	life while they still have like the control to do so.
0:27.5	You know how sometimes it feels like the universe is trying to drop a truth bomb in your
0:32.4	lap?
0:33.4	Recently, it feels like I can't escape content about the power of the sabbatical.
0:39.6	The idea of a sabbatical comes from the academic world.
0:42.8	Traditionally, professors are granted a paid year of leave for every seven they work and
0:47.6	they typically use it for things like study or travel, which sounds lit.
0:52.7	But I want you to imagine, for a moment, the lifestyle of someone who's either barely
0:57.1	hanging on financially or trying to attain early retirement.
1:01.9	Hell, maybe that's you.
1:03.8	This exercise may not require much imagination.
1:07.5	You are constantly prioritizing work so you can earn more.
1:11.2	You're spending less to avoid slowing yourself down.
1:14.5	You're stealing doggie bags from the park to avoid having to buy more on Amazon.
1:19.6	In other words, you are fully embracing the hustle now so I can chill later mentality.
1:26.6	Global independence is a hard path to pursue in moderation because it has a very distinct
1:31.7	rush to the finish line vibe.
1:34.5	You might not intend to take things to extremes, but for high achieving goal-oriented people,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Money with Katie, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Money with Katie and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.