Money in Transition

Dec 10, 2020 | 4 comments

Cross-cultural workers are no stranger to transition. Each experience is a unique challenge with landings that can be rough on your health, spiritual vitality, emotions, and even finances. Three months ago, our family sold what we could and returned to the United States after 5 years in South Asia. In a year already marked by the unexpected, we anticipated re-entry into our home country to present another round of the unknown. Aware of the challenges, we took action early on to limit turbulence both in our health and our wealth. Here are some lessons learned along the way.

Have a Plan

From the onset of our decision to return, we began making a plan for our finances. We would need a cash “runway” to launch us back to America and into the new calling that the Lord had given us. Living space and home goods, transportation, health care, and schooling were all things that would significantly impact our finances. Early on, we began to rack our brains in anticipation of every cost we would incur between arriving and beginning a new career.

These are some of the questions we asked ourselves through that process:

How much will we be able to sell before we leave?
How long could we live with our parents?
What will a car cost?
How will our groceries and entertainment need to adjust?
What does it cost to set up a home?
When will we receive our last support payout?

For 6 months, we adjusted our savings and spending to ensure we could re-enter smoothly to a new normal. This is how our financial “runway” was put in place to bridge the transition gap.

Expect the Unexpected

American boxer Mike Tyson once said, “Everyone has a plan until they get punched in the mouth.” While our transition was planned, urgent or unexpected life changes can feel like a punch in the mouth. This is why having an emergency fund is vital. This account consists of approximately 3-6 months of necessary living expenses held in a checking or savings account.

While an emergency fund is not a “runway” to propel your next life endeavor, it is for the expenses from an emergency or unexpected event. These situations may include airline tickets to fly your family home due to unrest. Or getting stuck outside your host-country during furlough. Your school closes, and you suddenly lose your job. While I didn’t get punched in the mouth during the first six weeks, I did break my arm, and our youngest got a severe viral eye infection. And for those of you who aren’t aware, America doesn’t have the cheapest healthcare. Because of a sufficient emergency fund, $1,000 of medical bills haven’t sent us into a tail spinning panic in an already volatile season.

Make Room for Margin

Anticipating challenges in the move, a few actionable steps were vital for our family’s well-being. Our first priority was to create margin for my wife and daughters to adjust. As grief and struggle would inevitably come, it was important that they had space to respond, process and grow. How could we position our finances before our move to allow us to initiate in our time rather than react due to poor financial planning?

Practically, we saved enough so that my wife didn’t have to put our girls in school and begin work immediately after arriving. She could be at home, homeschooling our daughters, and shepherding them into the new normal. Meanwhile, I could be completing my financial planning courses and searching for a new job. Life will get busy enough on its own. Protect your initial arrival by making room for margin.

He Will Fulfill

While these ideas are not immune to all the ups and downs of transitions, they are invaluable in getting you started toward smoothly arriving at a new normal. Money can be a tool to navigate the challenges of life, even the transitions. It has the ability to either derail you or propel you toward your new God-given vision. Have a plan. Expect the unexpected. Make room for margin. And lastly, trust that He who began a good work in you will bring it to completion (Philippians 1:6). The One who initiated this transition is faithful to sustain you through it and faithful to fulfill His purposes in it.

What have you done with money in transition? Share and let’s learn from each other.

Photo by Michal Balog on Unsplash

The thoughts and opinions shared in this article are for general information and thought provocation only and do not take into consideration your personal financial circumstances. I am not a financial, investment or tax professional, but someone who wishes to share what I’ve learned through managing finances as a cross-cultural worker. For professional financial advice, please consult a licensed professional.

Daniel Whitt

Journeyman of faith. Husband of superwoman. Father of girl power. Friend of finances. Rider of bicycles.




  1. T

    We’re currently in our home country because of covid restrictions, and are thankful to be living rent and utility free with a friend of a friend. In order to have some family time on our own, we have allowed ourselves to go away on mini vacations to an Airbnb or even just overnight at a hotel. What usually would be a splurge for us has really helped me to cope with not having our own home, and the uncertainty of our timeline.

    • Daniel Whitt

      T, thank you for sharing! How fortunate that the generosity of another has allowed you and your family to have margin to find rest and relaxation during uncertain times.

  2. Calvin

    We were heading to the field for the first time , as later life cross cultural ambassadors , we were anticipating leaving in April 2020 however Covid interrupted and we found the house sitting opportunities drying up as no one was going on holiday anymore. I went back to work and my wife started studying doing ESL amongst other online study. We were offered an old house next to a church that had not been lived in for 25 years however we had to make it livable. It has worked out well ( once we got the cold water and hot water going ) we were loaned a car and for the first 6 months I worked full time. Now I am working part time and studying and we are planning to attempt to go in April 2021. We have been blessed to be able to save some money in this period so that we now have a buffer for the first time. Which means we can visit our family interstate for Christmas. We hope to be able to keep this money for when we go on the field. Ive had to come to terms that a balance is needed between having so much money stored up so that I need to build a barn to store it in …. to having a few thousand as an emergency fund. However I will point out that at the start of this year we had nothing apart from a 20 year old car. 2020 has been a blessing for my wife and I , as God has been with us thru the hard times and while understanding how hard it has been for others , we are thankful for 2020 in growing our relationship with God.

    • Daniel Whitt

      Calvin, thank you for sharing your story of His fulfillment “right out of the gate”. It is also worth noting you and your wife’s willingness to find work during this unexpected season. Your surrendered posture and hard work ethic shows that you are ready vessels for whatever is next, financially or spiritually.


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