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Money Guy Show

I Just Got Laid Off! What Now?

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.73.1K Ratings

🗓️ 27 March 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Life is not always rainbows and unicorns what to do when obstacles come your way financially.

0:13.7

Brian, I'm excited that we get to sit in this spot that even as life happens and even as

0:18.9

like less than ideal circumstances can come along we can speak into those.

0:23.5

We love knowing what's going on in your life so that we can provide you information so that

0:27.7

you can do money better.

0:29.8

So we're that right now.

0:30.7

We have the team out in the wings collecting your questions and

0:34.0

we want to make sure that we load you up with information that will help you take

0:37.1

your finances to the next level so with that I'm going to throw it over to you

0:40.8

producer Ribi. Oh yeah we've got a good question to start off.

0:44.3

I mean, it is unfortunate, but I think it's a great thing to ask.

0:48.1

It's from JL.

0:49.0

It says, I just got laid off.

0:51.8

What's next? How does the financial order of operations change based on

0:57.2

getting laid off with Severance and then not knowing what's next? What kind of thoughts

1:01.4

do you have for him? Well, you know, it's interesting, J.

1:04.0

Obviously getting laid off is awful.

1:06.0

It stinks.

1:07.0

It is one of those unknown unknowns that we don't always think is going to happen.

1:12.0

And we can, we'll talk to some like the things

1:14.5

that you need to think there.

1:15.2

Maybe I'll hit on that.

...

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