Passion Calling? Don’t Take A Blind Plunge: Plan Your Finances Before You Quit
Last Update Date: 05-10-2026
Published by Outlook Money
Abhishek Kumar's role: Quoted
Abhishek Kumar cautioned that if a new venture does not earn steadily early on, people may have to sell long-term investments early or borrow at high rates, and said health and term insurance premiums should not be cut.
More of Abhishek's views on money management
This Outlook Money piece looks at the money side of quitting a job to follow a passion. It covers keeping separate buffers for living and business costs, clearing high-cost debt first, testing the idea alongside a job, the difficulty of returning to work after a break, and setting an exit plan.
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Passion Calling? Don’t Take A Blind Plunge: Plan Your Finances Before You Quit