Discover and read the best of Twitter Threads about #FinPlanJobs

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What to do if you lose your job.

1. look for a new job immediately. Call friends, clients, competition.

Don't ask for a job, dont ask for "help". Tell them what you accomplished in your past job and the specific way you will add value to their organization.

#FinPlanJob
Immediately cancel all discretionary expenses.

Discretionary means all those expenses you DONT HAVE to do. eg Summer Holidays in Dubai

Redo your budget. Raise cash by cutting unnecessary expenses, retain cash.

#FinPlanJobs
Pull out Emergency Fund.

How long can it last? Do you have any large Non- Discretionary expenses that need to be met eg Rent?

Start to plan a gradual sell off of investments that you have made a Profit from.the objective is to raise cash.

#FinPlanJobs
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