How to Navigate Layoffs and Unemployment REWIND
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#140: In this REWIND episode, Israel and Sunem are joined by Maideli from MyDailyDinero to talk about one of the toughest moments many professionals face — layoffs and unemployment. Together, they share their own layoff stories, how they handled the emotional and financial stress, and the exact steps you can take to protect yourself financially before a job loss happens.
This conversation will help you build financial confidence by learning how to create a bare-bones budget, save for emergencies, and develop an FU fund so you can navigate career changes on your terms.
In This Episode You’ll Learn:
- How to Calculate Monthly Expenses: Discover how to track and reduce spending so you know exactly what you need to survive a layoff.
- Why an Emergency Fund is Non-Negotiable: Learn how many months of expenses to save and where to keep that money.
- How to Build an FU Fund: Gain the freedom to leave toxic jobs and wait for the right opportunities without panicking.
- Turning Layoffs into Opportunities: Learn to reframe job loss and uncover new income streams or better roles.
- Job Search & Career Strategy: Tips for setting non-negotiables, networking, and sharpening your resume and interview skills.
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Instagram: @mydailydinero
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Other Episodes You’ll Love:
- How to Transition From Teaching to Tech as a First-Gen Latina with Maideli Garcia | MyDailyDinero
- How to Combat the Single Tax and Save Money as a Single Person
- How Israel Reached a 6-Figure Net Worth at Age 26 and as a First-Gen Teacher of Color
- Why We Are Our Own Financial Security
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