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Here are five tips to be financially ready if your planning to quit your job

Updated : August 24, 2018 01:20 PM IST

The transition to your next job or business could be short or long. But during the transition, you will need money to manage your immediate needs.
While you’re transitioning, your cash needs can be met with an emergency fund. Ideally, this fund should be 6 to 12 months of your current income.
If you have planned to quit your job without having anything substantial in hand, it is better to reduce your expenses in line with your future needs.
Here are five tips to be financially ready if your planning to quit your job
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