Suze Orman TwitterSuze Orman FacebookSuze Orman YouTubeSuze Orman LinkedIn
View Blog & News List

The Big Mistake Half of Workers Make

January 26, 2017 at 5:00 AM

A recent survey reports that 52% of workers who were eligible for paid vacation last year, didn’t use all their available time off.

I think that’s a mistake. One of the biggest threats to your career is becoming so burned out that you not only hate your job, but the quality of your work begins to decline. And don’t for a second think that you can “hide” your burnout from your colleagues, and especially your manager. They will see it, feel it, and be impacted by it. That not only will make for strained relations in your day-to-day work environment, but it also makes you vulnerable to being overlooked for a promotion, or at the extreme, being laid off. And if you run your own business, vacations are doubly important. If you have employees, a rested, revitalized you is going to be a much better boss. And by giving our brain the time to decompress you will come back with more energy and insights into how to drive your business forward. Vacations should be a part of every business plan.

So don’t you dare make the mistake of thinking being a workaholic is a smart career move. No, no, no!

Here’s how to work on a smart vacation strategy.

Beware the Rollover Trap. Many employers allow employees to roll over any unused vacation days into the following year. I get that some people are strategically saving up time for a big break. Just be careful. Not taking any vacation days so you have more next year, or the year can really backfire on you if it makes you a grump at work.

Put in for Time Off. I want you to request time off for at least one-third of your allotted vacation days, right now. I’d suggest taking all the vacation time you are entitled to, but I am making a concession to any of you who are strategically bankrolling time for next year.

It’s early in the year, so pull out a calendar, figure out some chunks of time, and then put in for the days off. By taking the formal step of requesting the time off you are committing to the vacation time.

Don’t Apologize for Vacation Time. Even if you are surrounded by workaholics, don’t be at all apologetic for your time off. You are the smart and healthy trendsetter.

Too Broke to Travel? So What. If you can’t afford a bona fide getaway, don’t use that as an excuse to just keep working. Plan a staycation that is all about you. Whether its sleeping in and binge watching, making it to an exercise class a few times, or cleaning out your closets, you know there are plenty of things you’d love to “do” if only you had the time. Well, you do have the time. Vacation time. It’s one of the smartest career moves you can make.

Tag Cloud

financial argumentsno apologydon't cover cosmetic dentistrysecured cardpay down student loan debtstudent loan repaymentquick closingno splurge overspend on nights outbecome member confident of solutionDurable Power of Attorney for Health Caremarriage inequalityLTC shoppingcredit unionExhibitionbetter loan rateshealthy aging january billsmobile appmortgage disclosureLong Term Care Insurance lowest cost fund optionultimate compounding giftback door Roth IRAinitial tax break compare monthly expenseslow credit scoreCollege of Veterinary Medicinemax employee matchmultiple lendersETF'ssecure creditmortgage interest tax deduction8 RulesHDHP's are not badFinancialno late fee summer job match income don't charge a pennyFixed Rate MortgageMust Have DocumentsRetirement IncomeCD'sstudent loan debtmental healthraising interest ratesfinancial goal phraseincreased auto insurance premiummeet monthly Forbesbig results SatisfyingBankInvest for savings growthfocus on needs740 credit scoreSandy Hook Promiseorigination fees4 Must Have Documents credit managementfinancial concernbad retirement planningdental savings planHDHP'sSuze changed my lifedepreciating asset closing costs 2% of loanspecial saving accountritual scheduleovercome financial fearsalways use all paid time offreduce withholdingSuze approvedidentity theftemployer funding HSAMoneyMotherconsider roth 401(k)increase emergency savingsface your financial fearfinancial independencenegotiate points with bank or sellershop online guaranteed level term policy2015 financial roadmapage appropriate choresocial security not going brokemake saving a pleasureStaffords this year have a fixed 6.8% interest ratemoney vowsYoung Adult Alarm Clockprofessional advisorvalue moneyaffordable premiumstretch out haircut appointmentsat worst still pay 75% benefitlong term careCredit Card Rate IncreaseUniversity of Floridawomen outlive menfraudulent returnrefinancekeep a scheduleprotect your familyclosing feesterm life insuranceprotect dependent paying for collegesave rising home pricesOverspendingwomen longer life spanincrease retirement savingscalculate dependents annual income needsopen enrollment review valentines dayFICO credit score credit card mortgage20% down payment avoid feesadvice for college graduatesRoth 401(k)let them have 50% controlmaintain standard of livingCNBCget health insuranceprovider of financial supportLove3 savings buckets Student Loanfederal student loan deferment file taxes quicklypremiumEmployer Matched Contributionis it true? point cost offset by savingsdo you need life insurancesame sex marriage band end Floridano negativityhousing marketcnbc alarm clockplan30 year mortgage 20% down paymentfour steps to retirement savings Mass Mutualpay 100% cashoverspend on dining outpush yourself to save more for retirement40% toward financial goalunsubsidized Stafford loanloan no longer than 36monthsinsuranceiffy incomeEmergency Savingsgift not loanSchool of Social WorkGay Rightscostly legal interest on student loansdon't spend 19 years cash flow problemMoney Marketproperty taxpowerfuldon't ignore open enrollmentHDHP's are good for youWall Street3 bucket approachcouple financestitle insurancehigh credit score discounthealthy teethBill and PennyFRAonly refinance if it paysOne Wallet At A TimeVital DocumentsInflation Benefitemergency fund high down paymenthome loan credit score below 740 Revocable TrustFinancial Gift CliffLegal Guardianlower interest rate2016 adjust withholdingconfidentbe kind to yourselfno private loansbuy homeFree Debt Eliminatorfinancing car school buying car 2016reduce monthly paymentcharges on credit cardStudent Debtmonthly dental insurance premiumUniversity of IllinoisPrime Rate Rise 2015workaholicis it necessary?New York Life401KARMno fee transferzero rate transfer dealsTeachAdequate Auto and Home Insurancealternative FICO scoreburn outAARP Social security calculatorLong Term Care premiumsCredit scorehighest possible benefitraising mortgage rates responsibleUrbana-ChampaignRevocable Living Trustlousy investmentinterest capitalizationCommencementraise your deductibleFICO Scorefiduciarygrandparent IRA contribution file asapwould you decline a bonusEric Dodge require chore in exchange for allowanceget over life insurance phobiaprotect and provide for minor child Suze Orman spouse Kathy TravisHeartAuto Savings Ashley SpringerGiftsstandard deduction eight month living expense juggle multiple financial goalsprotect loved ones dangerous retirement planswitch to roth 401(k)life insurance name trust as beneficiarysave moneyrequired disclosureCommunication Skills repay student loanshealthy retirement weightStudent Debt Crisiscontribute household expenses IRA contribution gifted moneydental discount plansuitablehigher monthly paymentMarlo Thomasthree year car loanretirementverify wellness screening and programsdon't extend mortgage Federal Stafford loanknow before you oweInfluentialsCory Bookerhigh premiumsdon't derail retirement savingsno private loansocial workARM Cautionincentives for health care wellness screeningFICO at least 720gift grandchild IRA contributioninsurance yearly reviewprescription tierspring summer yours, mine & oursallowance tasksetup automatic savings withdrawmax benefit coveredengaged in financesterm insurance8 month safety netfull retirement ageCOLAautomatic withdraw to savings no sneaking in feesget credit cardstrained relationshiphome budget after tax cost2016 adjust estimated taxno interestbalance transfer savingsPrime Rate IncreaseFHA loan feeskid borrow firstForeclosureCredit Card Interest Ratepaid in fullsocial securityidentity fraudpeace of mind2017 TaxesAARPRichmoney-aware childchildren under 18healthy retirement blood pressuresuccessannual cost of living adjustmentPersonal Financepositivetoo expensive schoolallowanceLTCi ASAPEasy Life Insurance near historic lowsHSA tax savingssocial security never insolventlower premiumderailed planlower mortgage intereststandard ratekids schedule paymentsbest loan deal enjoy saving contribution budgetCiti Simplicity Card heartache401(k) Contributionsdear suzeshort term goal preexisting condition not coveredswitch to spouse coveragelower overall drug costmortgageFederal ReserveHolidayNewtownadult childreneliminate credit card debtco-sign credit utilization rateback-to-school budgetbuying a carno tax on withdrawlspay more than minimumSuze is my biggest mentorBankruptcyHow To Build Credithealthy youHoliday Shopping20 to 25 times annual incomedon't blow tax refundleave a legacyoverspend on giftscomparison shoppingMortgage Credit Availability Indexbuy home you can affordFederal PLUS loanhigher insurance deductiblecar buying mistakespublic service loan forgiveness programfinancial fearsanticipated salaryone annual feemortgage brokerConventional loan PMIbetter loan dealscollege studentresponsible with moneynew carChanging Livesstaycationdeath benefit 20 to 25 times annual incomeadd teenAmericans don't use all paid vacation timeTelepictureshealthy gums15-year refinance dealForbes Top 10increase retirement contribution rateemergency fund savingsgay marriage ban end Florida Long Term Care shoppingInfluential Celebritylong term goaladjust allocations refundreplace permanent life insurance with termCombo Insurance ProductsDeath Benefitlive below your meansInterestno life insurance financially irresponsiblewrite new goalworst financial mistakeNew american Dream low down payment6 month waiting periodHDHP focus on new truth loan necessityshorter payback periodbill paying prioritiesmonthly benefit loved ones dependent on incomeescrowdoctor no longer in networkborrowing plan percentage men widowed 75-84teach importance of helping othersFinancial Solutions For YouGoodbyefinancial aidLTCaccelerate dental workcompare provider pricingis it necessaryGraceHoliday Seasonitemized deduction2015 record year car saleslong-term care do not pay allowance for good behaviorPay Off Debt Before Retirementpurely financial standpointone credit cardbest interest rateswomen long term carecar leasingloan is giftLifestylereferrals Financial Awareness Video Festivalretirment savingscollege graduatewaive home inspection bid10 year repayment plan letter to suzeBaby BoomersRetirement Savingsearn more on savingsretain separate credit cardscreate new truthteens and moneyage appropriate goalsraise insurance deductibleno retirement funds for down paymentschedule vacationFinal Goodbyeemployer offered life insurancegift up to 14,000debtnot enough life insurancetraditional vs roth 401(k)Financial Systemtaxespaid vacationdon't defer interest paymentsuniversal college accessonly offered while employed public service career student loan repayment pay down car loancar loandebt freeget the most out of social security community bankgrandchild summer job IRA contributionreduce interest rateHigh FICO Score = Better Ratefamily save at least $100 monthlyteensemotional stakesearn allowanceFundsGiftpay high rate off firstSave Us Moneyclosing disclosure3% debt transferred dangerous money seasonMost Influential Celebrities Listreal estate mistakespermanent life insuranceno waiting periodmax employer matched 401(k) contributionSuze Ormanloan big picture SelectQuote.comtelevision hostdoctors in networkFinancial Advicecredit cardunexpected expenselow-cost index mutual fundreal estate marketStock Investments10% donate to charity50 over 50commissionshigh FICO scoreautomate student loan paymentsrent vs buyWashingtonsavings pleasurebest interest of investorlow mileage discountstudent loan repayment estimatorUS Tax Codestore credit cardscan you afford itcommunity collegelower ratehome buying seasonsmall changes percentage of women widowed 75-84borrow each year, capitalization is going to pile up Selfishlong-term care premiumstax ID theftVeterinary SchoolWillavoid burn outPBS Specialpay off debtHigh Credit Scorehome insurance20 year level term don't do five year car loanbad decisionspresident ObamaThe Suze Orman Showautomatic paymentaffordabilitySwap Older Annuities or Life Insurance non conventional routeFinancial Power of Attorneyverify retirement plan with HR or plan sponsorSuze Orman's Money Warsraise deductiblesgraduationFinancial Educatorspeak new goalhome related tax break bonus cost of capitalization calculator3 step financial road mapMoney-Savingbuy down take actionstay positiveteach your child good money habitsrolloverJose RodriguezAmy LacyetFederal Funds Ratedream schoolGay Coupleslearn good financial choicesHDHP/HSAcut monthly cellular billWarner Bros Television Groupcut monthly cable billFinancial CliffSpendingexercise reguarlycommitbetter terms20% equityhome buying mistakessidelined!00% tuition paidholiday spendingCivil Rightswives should be involved in retirementhome buying budgetpay interest while in schoolPhyllis Shelton expert long-term care15 year mortgagebe good examplebreakdown projected monthly housing costlife insurancePost-DivorceMinor Children Financial Awarenesscostly insurance mistakedeath benefit needs for familyretirement accountsbe true to yourselftax refund fraudpay credit debt ASAPhigh deductible health care planretirement planapproved medical 100% tax-freedon't buy wantsstudent loan repayment planSandy Hook Elementary Schoolunder 18 financial giftsame-sex marriagecredit reportAccuQuote.commanage student loanswomen live longerdental insurance home ownershipphysical healthFiscal Responsibilityis it kind?roth iraBeautyignore 6 month grace period Suze Orman Scholarshipmarriage financial responsibilitydon't use allowance as bribedebit cardnot gender specific 8 month emergency fundchildren's bookstudentinsurance mistakeCPI-W

View Blog & News List
People First. Then Money. Then Things.
Connect with me on Facebook Connect with me on YouTube Connect with me on Twitter
© 2017 Suze Orman Media Inc. All rights reserved.
 |  Search  |  Sitemap  |  Privacy  |  Terms
Sign Up For E-mail Offers
Open Panel
Close Panel