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Could you quit your job on Monday morning?

Knowing that you could quit your job any day can improve your relationship with your boss and your job, Trent Hamm explains. Achieve financial independence so you don't fall victim to your job. 

By Trent Hamm, Guest blogger

Think about it for a second.

Could you walk into your workplace Monday morning, look at your boss, and hand in your letter of resignation? Could you do this without entering into an absolute financial apocalypse at home?

It鈥檚 a dream a lot of us have.

It鈥檚 something I actually did in February 2008, not because I disliked my boss or coworkers or even the interesting parts of my job, but because I felt like I was becoming the father I didn鈥檛 want to be and because I was really frustrated with bureaucracy.聽

I didn鈥檛 do it without a plan, though. I had spent the last two years pretty much planning non-stop for that moment, throwing everything but the kitchen sink at that plan. Sarah and I had turned around our financial situation. I had built up a side gig (The Simple Dollar) that could provide enough income to make a difference. I also had enough savings in the bank to make sure that if things went awry, we could find a new path quickly.

So, I walked. I don鈥檛 regret it, though I do miss the people, particularly the 鈥渆lderly鈥 fellow who was my office mate for six years.

The point is that聽quitting your job tomorrow is a very powerful yardstick by which you can figure out whether or not you鈥檙e truly financially independent.

If you could walk out on your job without panic, then you鈥檙e at least independent from your job, which is, in all likelihood, your primary method of earning income.

There鈥檚 something even more important than that, though.

Knowing that you聽could聽walk out in that way changes the balance of power at work.

If you know you聽肠补苍鈥檛聽walk out in that fashion, then you鈥檝e ceded power 鈥 a lot of it 鈥 to your boss. If you don鈥檛 do what your boss demands of you, you might just see a pink slip in the very near future, which would be devastating for you.

Your boss knows it, too.聽They recognize that many of their employees聽need聽this job and thus can be pushed when it鈥檚 warranted.

You don鈥檛 want to be that employee.

On the other hand, if you know you聽can聽walk out at any time if you wish, then the tables are turned.聽驰辞耻听have the power. That doesn鈥檛 mean that you can or should slack off at work. What it does mean is that you don鈥檛 have to sit back and take mistreatment.

It means you have far more power to have input about your job.

It means you don鈥檛 have to be afraid to raise your hand in a meeting and speak your mind.

It means you don鈥檛 have to have cold sweats about a challenging project failing; you can just focus on achieving it.

It means you don鈥檛 have to go into full panic mode when there are whispers of layoffs at work.

It鈥檚 not easy getting there, but achieving that level of financial independence completely turns the tables on your relationship with your job. It becomes drastically less stressful and much more fulfilling when you鈥檙e in the driver鈥檚 seat.

The first step is up to you.

The post聽Could You Quit Your Job on Monday Morning?聽appeared first on聽The Simple Dollar.