The Power of A Walk Away Fund
How Financial Independence Gives You Control
Introduction: We’ve all been in situations where we felt trapped, whether it’s a job that’s draining us, a relationship that no longer serves us, or a living situation that’s become unbearable. Often, the thing that holds us back from leaving isn’t our courage—it’s our finances. Enter the Walk Away Fund—a financial safety net designed specifically to give you the power to walk away from anything that no longer serves you.
What Is a Walk Away Fund? A Walk Away Fund is a savings cushion set aside to help you take control of your life on your terms. It’s not just for emergencies like a truly dangerous situation, but for any moment when you need the financial freedom to say, “I deserve better.” Whether it’s leaving a toxic job, stepping out of an unhealthy relationship, or making a major life shift, this fund gives you the autonomy to make those decisions without financial stress holding you back.
Why a Walk Away Fund Is Different from an Emergency Fund An emergency fund covers unexpected crises like medical emergencies or sudden job loss. A Walk Away Fund, on the other hand, is for planned escapes from negative situations. It’s about giving yourself choices, freedom, and peace of mind, even when it’s not a life-or-death situation. Think of it as your ticket to walk away from anything that’s no longer aligned with your values or well-being.
How Much Should You Save? The amount needed for your Walk Away Fund will depend on your unique circumstances. Ideally, start with three to six months’ worth of living expenses. If you’re self-employed or have an unpredictable income, you might aim for nine months. The key is to save enough to feel secure, confident, and unafraid to make bold moves when necessary.
Where to Keep Your Walk Away Fund Since you might need access to this money quickly, it’s best to keep your Walk Away Fund in a high-yield savings account. This way, your money is accessible, and you can still earn a little extra on it. Having it in a visible account can also remind you that you have the power to walk away whenever you choose.
Final Thoughts: Building the Life You Deserve A Walk Away Fund isn’t just about having money in the bank—it’s about creating opportunities for yourself. It’s about making sure that financial barriers never prevent you from pursuing what’s right for you. Whether it’s walking away from a bad situation or stepping into a new, exciting chapter of your life, your Walk Away Fund is there to back you up.
"Walk Away" is Just the Beginning
A Walk Away Fund is powerful, but it’s just one of the tools on your journey to financial freedom. Zoom out, and this is all part of a bigger plan to set your future self up for security and success.
If you’re looking to dive deeper into your specific situation, working with a financial coach is one of the best things you can do for your future. I can help you create a plan for your money that helps you hit your goals — and helps you feel amazing in the meantime.
Click here to set up a free 1:1 consult and see what’s possible for you!