Rich Girl Roundup: How to Prep For Layoffs

The Money with Katie Show

Money with Katie

Self-improvement, Education, Business, Investing, How To

4.8 • 1.3K Ratings

🗓️ 24 March 2023

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you think you may be affected by a potential recession or upcoming layoff, we’re running through the best tips on navigating this uncertainty—from figuring out your cash “runway” to understanding your rights as an employee. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. Learn more about our sponsor, Betterment: https://betterment.com/moneywithkatie Learn more about our sponsor, HOKA, and shop now for the HOKA Clifton 9: https://www.hoka.com/en/us/ - Mentioned in the Episode Financial Steps to Take If You Fear You May Lose Your Job: https://moneywithkatie.com/blog/prepare-for-losing-job-how-to Severance negotiation: https://www.fastcompany.com/90723978/you-have-more-power-than-you-think-when-negotiating-a-severance-package Financial karma and constructive paranoia: https://podcast.moneywithkatie.com/financial-karma-and-the-fall-of-the-fintwit-bro-empire-must-see-lessons-about-constructive-paranoia/ - Read Money with Katie: https://moneywithkatie.com/ Follow Money with Katie! Instagram - https://www.instagram.com/moneywithkatie Twitter - https://twitter.com/moneywithkatie TikTok - https://www.tiktok.com/@moneywithkatie Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Rich Girl Roundup!
0:06.6	Welcome back, Rich Girls and Boys, to the Rich Girl Roundup, weekly discussion of the
0:11.4	Money with Katie Show.
0:12.4	I'm your host, Katie Gatti Tossan, and today, Henna and I are talking about the reality
0:17.5	of layoffs.
0:19.5	The tech and media sectors have been hit, especially hard this go around.
0:25.6	Before we dive in, here's a quick message from our sponsors.
0:34.6	Alright, before we get into this week's topic, I just wanted to tell you all about next
0:40.9	week's podcast episode.
0:43.4	So I wrote it over Christmas break, quote unquote Christmas break, even though we're in the
0:49.2	working world now, it'll always be that in my mind.
0:53.6	It was kind of inspired by this annual review process I did, and it just unlocked this super
0:59.8	powerful shift in how I was kind of scheduling my day and structuring my week, and we get
1:09.6	a little bit into goal stacking.
1:11.6	So it's going to be a super tactical and actionable episode.
1:16.5	I think all are going to love it.
1:17.7	So that's next Wednesday.
1:19.1	I will give you a little teaser by saying that one of the takeaways that I had for my
1:25.5	goals moving forward for 2023, the way that I've approached it has actually led to me
1:31.2	reading.
1:32.2	Let's see.
1:33.2	It's like late February right now.
	...

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