If you aren't satisfied with your current career, leaving your position before you have another job lined up could spell trouble for your future career-seeking endeavors.
Sticking it out until something better comes along is the best way to manage your income and your work life.
With that said, here are just a few reasons why you should take things one step at a time when changing up your career.
Steady Income Gives You More Job Search Flexibility
Quitting your day job may seem like a logical first step when looking for a new job, but it's actually the opposite. Having a steady income gives you more time to pursue a new position at a different company or even start your own business if you so desire.
Sure, juggling a 9 to 5 schedule alongside a full-time job search is time-consuming and tricky, but it's possible.
Scheduling interviews during your lunch break and submitting applications on the weekend is a great way to balance your job hunt with your current career.
Résumé Gaps are Frowned Upon
If you quit your current job for another job that you don't necessarily have yet, you're doing yourself a major disservice.
Your résumé weighs heavily on the decision-making process of future employers. When gaps appear in your work experience, it's basically a red flag for those perusing your application.
Staying at your current job until you land your dream position will help your résumé stay gap-free. This doesn't only help you now; it also helps you with any unforeseen career changes down the road.
Finances Could Take a Turn for the Worse
Anything can happen between the time you quit your current job and find your new one. By leaving your job too soon, you're taking a financial risk that could put you in the job search hot seat.
However, if you have no other option but to quit before you land your next job, then it's time to start budgeting wisely.
As the following article notes, this means cutting back on everything while you pursue your job search. “Frugal Living: One of the best budget tools” on the market can help you budget your finances whether you're out of work or you're embarking on a new career.
Other Job May Not Be Attainable
Taking the grass is greener approach when you're stuck in a dead-end job is dangerous territory.
In other words, if your job is making you miserable, that doesn't necessarily mean there's an ideal job waiting for you once you quit.
This isn't to say job satisfaction isn't out there, but your current job might just have you daydreaming about a job that simply isn't attainable.
Before you leave your current job for another one, make sure that "other" job exists and is in fact attainable.
Remember: You Could Always Work Your Way Up
The best way to manage your money and your current career is to keep in mind that there is the possibility of moving up. Yes, nobody likes an entry-level or even a mid-level position.
As long as your current career provides room to grow, sticking it out is probably more financially responsible than quitting early in hopes of finding other work.
Hopefully the money and career pointers above will encourage you to think twice about leaving your job too soon.
Adam Groff is a freelance writer, honest interviewee, and creator of content. He writes on a variety of topics including personal health, Steve Wynn, and home improvement. When Adam’s not busy writing copious amounts of web copy, he likes to volunteer as a community theatre playwriting instructor, a field of work in which he holds dual Master’s degrees.