How to Navigate Layoffs and Unemployment

In this bonus solo episode, Israel and Sunem are joined by their good friend and fellow money coach Maideli to discuss navigating layoffs and unemployment. They share personal experiences and provide tips for preparing for a layoff. The conversation emphasizes the importance of knowing your monthly expenses, having an emergency fund, and building an FU fund. Tune in for insightful discussions on financial challenges and strategies in uncertain times.

In this episode you will learn:

• The importance of knowing your monthly expenses and creating a bare bones budget for potential unemployment.
• Why having an emergency fund to provide financial security during a layoff is a must.
• The importance of establishing an abundance mindset and recognizing your money-making skills outside of a traditional job.
• How layoffs can lead to unexpected opportunities and better job prospects.
• Why developing job search skills and setting non-negotiables are essential for a successful job search.

Connect with Maideli

• Instagram @mydailydinero

Connect with us!

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Other Episodes You Will Enjoy

• How to Transition From Teaching to Tech as a First-Gen Latina with Maideli Garcia | MyDailyDinero
• How to Combat the Single Tax and Save Money as a Single Person
• How Israel Reached a 6-Figure Net Worth at Age 26 and as a First-Gen Teacher of Color
• Why We Are Our Own Financial Security

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