Tammy Camp, Author at Women’s Money

07Mar 2021 by Tammy Camp

How Taking a Sabbatical is like The Greatest Showman: It Means Taking a Leap

So trade that typical for something colorfulAnd if it's crazy, live a little crazyYou can play it sensible, a king of conventionalOr you can risk it all and seeDon't you wanna get away from the same old part you gotta play'Cause I got what you need, so come with me and take the ride If you’ve never watched The Greatest Showman, take 5 minutes and watch this scene now. The background is this: Zach Effron’s character comes from wealth and lives a very upper-class, posh life. Hugh Jackman’s character comes from nothing, was orphaned at a young age, and is trying to start the circus.The show is loosely based on the life of PT Barnum. In this scene, Hugh Jackman’s character is trying to convince Zach Effron’s character to give up…

28Feb 2021 by Tammy Camp

How I’m Saving $100,000 to Take a Sabbatical

Sabbatical Sundays

As I’ve been writing about my journey to save enough money to take a sabbatical, you are probably wondering, "how is Sam going to save $100,000 to be able to take a year off of work?" Honestly, that’s a question I am asking myself as well. But, I have a plan. First, let’s start high-level. In order to save $100,000 in a year, here is how I could break the savings down: $274/day$8,333/month$25,000/quarter$33,333 three times$50,000 two times$100,000 once Doing any of these things would allow me to save $100,000 in one year. Note that these don't take into account any interest calculations. This means either earning this much more per day, week, month, quarter, year or cutting expenses by that amount. Or somewhere in between. You’ve probably seen many writers…

14Feb 2021 by Tammy Camp

8 Signs of Burnout and How to Recover with a Sabbatical

Sabbatical Sundays

“I’m so tired, but I can’t sleep, [standing on the edge of something much too deep.]” The Sarah MacLaughlin song, “I Will Remember You,” always pops into my head when I think about burnout. Burnout and avoiding burnout is one of the most common reasons women consider a sabbatical. The struggle to avoid burnout is particularly real right now. COVID’s unique challenges are making work-life balance so much more difficult. Trying to avoid burnout is one of the biggest reasons I am planning for my own sabbatical next year. Eight Signs of Burnout Here are the biggest warning signs that you are already burned out or are on the path to burning out. 1. Being Tired but Not Sleeping Whether you lay awake at bedtime and can’t fall asleep or you…

07Feb 2021 by Tammy Camp

Does Money Motivate You?

Sabbatical Sundays

I previously wrote about the importance of finding your “why” when it comes to taking a sabbatical. Whenever you are doing something big and sort of scary, you need to know why you’re doing it. You also need to have motivation. Motivation is what will drive you to continue, even when it’s hard. Recently, I read Drive by Daniel Pink. One of the most interesting questions he tackles in his book is: does money motivate people? More specifically, he examines the research about whether money motivates people and if this ultimately leads to happiness. According to Pink’s research, reaching a certain dollar value in savings shouldn’t increase my happiness at all. In fact, having a goal of saving a certain amount of money is not a “good” goal in that it won’t…

17Jan 2021 by Tammy Camp

Samantha’s Sabbatical: Intro and Frequently Asked Questions

Sabbatical Sundays

Hi. I’m Samatha. I’m a working mom, corporate employee, our family’s breadwinner, and mom of 2. I love my job, but I am ready for a break. I’m thrilled to be joining Women’s Money for a regular series during 2021 to tell you about my plans to take a year off. That’s right. I’m planning to take a year-long sabbatical from my job in 2022. In this introduction post, I’ll answer some of the most common questions I expect to get about my plans to take a year off work. Why are you taking a sabbatical? What are you going to do with your year off? While only a few people know about my plans, they have all asked me -- why are you taking a sabbatical? Is this like…

Author: Tammy Camp