These past few days I have been asking myself if I’m ready to make the leap.
The leap to go for a 4-day workweek with Friday or Wednesday off that will most likely result in up to 20% drop in my take home income, after deducting for government mandated retirement fund known as CPF.
Now given our current work environment, 4-day workweek is most likely consider a part-time employment and that means a lot of benefits associated with full-time employment doesn’t apply.
The reason why I want to go for that is so that I actually have more time to do the things I love and to cultivate new hobbies. Not only that, I wanted to have more time so that I can bring my health back into shape.
And you know what else I have found when I actually work lesser, given my past experience as a freelancer?
I’m actually more productive because I’m happier. So that means more is done. It’s actually better for my employers because they get better work quality from me and earlier. The latter being because of fewer number of workdays, I would be inclined to give all I got just to get stuff done. I like to think that I will reduce the amount of time I spent idling and gossiping with my colleagues.
The one thing I am wondering now is if my current company will allow this arrangement given that I’m bound under a two year contract with a set of rather restrictive terms.
And to even trigger this conversation would mean I need to actually submit my resignation letter.
I just don’t think it’s the right time to do that given it’s near the end of the year. Three more months and we will be welcoming 2019. During this three months, most human resource departments will be understaffed as people go on holiday. And even if I secure an interview with a potential employe, there will be a need for a lot of negotiation as new employers won’t want to hire me if they know I have to go for military reservist in Feb 2019. So getting a new job will have to happen in March 2019. Typically, it’s best that you worked at a company for six months or more before you can go for reservist. I for one has not intention of deferring that training session because it will upset my overall military training schedule.
But it’s still something I want to go for. I will lay the groundwork now and make the leap when I’m ready. First, I need to secure a decent amount of savings for rainy days and emergencies. Right now, I just don’t think I have enough, especially to live in Singapore. It’s such an expensive city to live in. Second, I will need to set expectations with my family because they would want to continue to receive the same amount of money from me but I don’t think I can give. Not if I need to maintain the same amount of savings I do now. Third, I will need to clear my pre-existing debt…the credit card debt I acquired because of this acne scar treatment that cost $7,400.
And you know what, it’s probably a good idea not to get myself into more debt by wanting the latest computer, or in my case, the latest MacBook. I went to Apple’s online store and chose the parts that I want. The final price tag turns out to be $5,528 and that’s without the Apple Care that I usually get with all my Apple purchases.
There’s one other thing that’s holding me back from actually making that purchase. I recognize that I don’t need it. No matter how I see it, I just don’t. My main job relies on a desktop computer in office and I write programs in a Windows environment. The only time I use my Mac is when I’m at home and usually I’m using it to watch videos and write. So why the hell do I need a Core i9 processor, 32GB ram and 1TB SSD MacBook Pro? Besides, my freelance work is mostly dead, as in I am not expected to do anything already. My recent message to the manager already said as much. And even if there’s any, it will be quick fixes. It’s not like I need to build a brand new application from scratch that need me to run servers.
So if I do ever end up needing that kind of processing power, it would mean that I’m actually using my MacBook for work or that my new job allows bring your own device. Something I don’t foresee…until proven otherwise.