56 min listen
193-Make a Backup Plan In Case You Get Laid Off In The Coming Recession: Simple Action Steps For You To Consider
193-Make a Backup Plan In Case You Get Laid Off In The Coming Recession: Simple Action Steps For You To Consider
ratings:
Length:
69 minutes
Released:
May 12, 2015
Format:
Podcast episode
Description
Yesterday, we talked about ways to avoid losing your job in the coming recession. But obviously there are factors beyond your control which might result in your being laid off, even though you've done everything "right."
So, you need a backup plan.
Don't wait and wonder what you'll do. Make a simple plan now for what you'll do.
Think about some different scenarios and play some mental games with yourself. That way, you'll be able to better respond to events instead of being shell-shocked by them.Today's show covers:
The importance of planning to avoid emotional stress when you get laid off.
The direct impact of losing your income and how to plan for it.
The impact that losing your group benefits can have on your financial life.
Why you should consider establishing lines of credit before you need them.
How you can stockpile both money and the simple necessities of life.
The simple things you can do that will make it much easier to get your next job.
The importance of proactively building and maintaining a network.
How thinking like a consultant will help you now and help you later.
Enjoy!
Joshua
The Queen of Versailles
Living On Our Food Storage: One Family's Experience Of Living Without Income For A Year
Support Radical Personal Finance! http://radicalpersonalfinance.com/patron
So, you need a backup plan.
Don't wait and wonder what you'll do. Make a simple plan now for what you'll do.
Think about some different scenarios and play some mental games with yourself. That way, you'll be able to better respond to events instead of being shell-shocked by them.Today's show covers:
The importance of planning to avoid emotional stress when you get laid off.
The direct impact of losing your income and how to plan for it.
The impact that losing your group benefits can have on your financial life.
Why you should consider establishing lines of credit before you need them.
How you can stockpile both money and the simple necessities of life.
The simple things you can do that will make it much easier to get your next job.
The importance of proactively building and maintaining a network.
How thinking like a consultant will help you now and help you later.
Enjoy!
Joshua
The Queen of Versailles
Living On Our Food Storage: One Family's Experience Of Living Without Income For A Year
Support Radical Personal Finance! http://radicalpersonalfinance.com/patron
Released:
May 12, 2015
Format:
Podcast episode
Titles in the series (100)
RPF 0008 – Updates for the Show and a Conversation on The Problems and Solutions Facing Our Consumption-Based Society: Today's show is a conversation about the current status of the show, some of my mistakes and things I'm working on and it's also a casual conversation about what's really important. We talk about the problems and solutions facing our consumer society .. by Radical Personal Finance