Major Layoffs Are Coming: What To Do BEFORE You Get Laid Off (#199)

Financial Advisors Say The Darndest Things by A.B. Ridgeway

Episode notes

Episode Summary:

In this episode of "Financial Advisors Say the Darndest Things," host A.B. Ridgway delves into the topic of job loss, particularly in the context of potential layoffs due to economic downturns or advancements in technology. He offers practical advice and strategies for listeners to prepare themselves financially in case they face job loss, emphasizing the importance of building emergency funds, managing debt, and exploring alternative sources of credit. Through biblical wisdom and financial expertise, Ridgway guides listeners on how to navigate the uncertainties of employment and financial stability.

Key Takeaways:

  1. Building Emergency Funds: Ridgway underscores the significance of having six to nine months' worth of living expenses set aside in an emergency  ... 
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Keywords
unemploymentfinancial planningjobs