I Just Lost My Job What Do I Do Now скачать в хорошем качестве

I Just Lost My Job What Do I Do Now

If you are thinking I just lost my job what do I do now then this video will help you navigate that process 🔥 Get your FREE Job Loss Checklist: bit.ly/joblosschecklist 👍 Don't forget to give this video a thumbs up if it was helpful. I really appreciate it! If you want to learn how to create a super simple budget then check out this video:    • How to Create a Super Simple Budget That W...   If you want to 30 unique side hustle ideas then check out this video:    • 30 Unique Side Hustle Ideas When You Despe...   👉 Don't forget to subscribe so you don't miss any of the 3 weekly videos posted on money, saving, and investing:    / @hackingtheratrace   Hey everyone, I just wanted to create this video for people who have recently lost their job and are wondering, “what do I do now?” Some things people think of and others maybe not, and especially right now when there's a lot of job loss happening, there's a lot of uncertainty, I just wanted to make some quick and easy tips that could be easy to implement, and depending if you have a large emergency fund, or maybe no emergency fund. If you follow these tips, it can help you with your finances, stay afloat, and make sure through this time while you're finding a new job and getting a new job that you are taken care of. Okay, so maybe you recently lost your job and you're wondering, “what do I do now?” I created these quick tips to help you get through this uncertain time and make sure that you're able to stay afloat and that you've checked off all the necessary boxes and also in the comments below, I will make a checklist of all of these different tips. So you can check it off, and make sure that you get them all done and to make sure that you're okay during this uncertain time. So the first tip is just applying for unemployment. This one may seem obvious, but oftentimes people don't apply for unemployment fast enough, right? Maybe you have an emergency fund, and maybe you're thinking, “Oh, this could last me three to six months, I'll just wait, maybe I can get a job by then.” That's great. I'm so excited you have an emergency fund and if you don't have an emergency fund, I still recommend applying for unemployment right away. I know each state is different, but Texas, the state I'm from has a two-week waiting period. So you don't want to wait until you're about to run out of your emergency fund to apply for unemployment, and then have to have two weeks of massive stress and uncertainty while you're waiting for that check. So regardless of where you are, as far as your emergency fund, I highly recommend just going ahead, and first applying for unemployment, getting out of the way, getting the process going, so you have cash coming in, and this cash can supplement your emergency fund to make it go even further, or in the case that you get a job really quick, which would be awesome, then you wouldn't be having to refill so much for your emergency fund, because you have the unemployment check coming in. So number one, immediately apply for unemployment if you haven't already. Tip number two is reviewing your expenses. I would say for the last 60 days, just so you're sure you don't miss anything, and divide it to discretionary and non-discretionary, which would be your essentials, such as shelter, food, electric bill, all of your bills that you have to pay to keep on moving, and then look at discretionary, take those things and maybe put them in a parking lot for a while until you get this time that is like going out, random spending, maybe even things like a gym membership. Some of those things you don't want to cancel. I mean, that'd be a great idea if you're not using them, but if you do use them, you can pause a lot of these things, subscriptions, whatever they are. So I would just make sure you separate your discretionary spending versus your essential spending to live and then figure out what is that number? What is the number for your essential living for shelter, electricity, those kind of things, because the next step we're going to do is create a budget, and we're going to create a budget around this essential spending. The reason is if you're doing an employment or you have your emergency fund, and you don't know how long it's going to be till you get another job, you want it to last as long as possible. So A. once you come up with this number, then you can have an idea of the money that you have right now or the money you're going to be getting from employment, how long will that last you. This is so important, and then create a budget. I recommend always having a budget, but if you hate budgeting, at least now create a budget so you can watch your expenses, so you know how long your money is going to last and what things are costing you.