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Bloomberg Quint

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Image Credit: Bloomberg Quint

Want To Take A Sabbatical From Work? Here's How To Save Funds Quickly

  • Many professionals are opting for sabbaticals to prioritize work-life balance by taking extended breaks from work.
  • Sabbaticals are typically unpaid and require careful financial planning to ensure a stress-free break.
  • Steps to save funds quickly include creating an emergency fund, setting savings goals, cutting non-essential expenses, monetizing extra skills, opting for short-term fixed deposits, and selling unused assets.
  • Financial preparation is essential before embarking on a sabbatical to cover expenses and maintain financial stability during the break.

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