What are some things I should do in advance if I plan to quit my job in a while?

Zhe Liang has already mentioned about understanding your cashflow. this is important because you want to know how much buffer you have at your disposal. (read: how long can you afford to stay unemployed?)

as someone who is working in his 6th job, here are the things I always do:

1) update your resume and cover letter. i actually have different versions of my resume so that potential employers will think that my background fits their needs.

2) spread the word that you're looking for your next job. networking is everything and I managed to snag a few leads because my friend passed me the contact number of this or that person.

3) give of your best in your current job. Singapore is frightfully small, so you will realise that somehow everyone knows everyone else. This is especially so, when you intend to work in the same industry. don't burn bridges or make people have a negative impression of you.

4) receive a free 1-hour career guidance service with e2i located at Toa Payoh Hub. ya, that's what I did.

5) make a list of interview questions directly after every interview you go to. no one actually asks "what are your top 3 strengths?"/"tell me of a time in which you worked well with others to conquer a problem" kind of textbook interview questions. having learnt this the hard way, i now jot down questions so that I can think better on my feet, no matter what kind of idiosyncratic question the interviewer asks.

hope this helps!

Cash Flow

Firstly, we need to have a complete understanding on our cashflow. Through this process, we will understand our earning ability and spending habit.

Here is a Guide:

Understanding Your Personal Cash Flow

Depending on how long you intend to stay unemployed, we need to ensure that you have sufficient money in the bank to fund your expenses. As a general rule, this is 3 to 6 months of your total expenditure. Looking at the current situation with COVID-19, you may wish to double this amount as an enhanced safety cushion.

Market Situation

In addition, I will suggest for you to understand the market situation and create a plan to regain employment. Once you are ready to re-enter the market, you won't be caught off-guard. For this purpose, I have written an article on 5 things that you can do to get prepared.

More Details:

Job Loss Singapore: 5 Things You can do to overcome the situation

I share quality content on estate planning and financial planning here.