webinar - how to manage your money during a career transition - shireen du preez and lacey filipich

Shireen DuPreezFounder and Principal

http://elite-human-capital.com

@shireendupreez

WebinarHow to Manage Your Money During a Career Transition

with

Shireen DuPreez and Lacey Filipich

About Shireen

10+ years as an executive search consultant, recruiter and career coach.

International and cross industry experience.

Author, Speaker, subject matter expert on careers.@shireendupreez

About Lacey

Chemical engineer & management consultant in mining across Australia and the USA.

Started investing at 19y.o. and now financially independent.

Getting the word out about lifestyle design and early retirement.

@moneyschoolorg

PLANNED UNPLANNED

$ e.g. Change jobs

savings & investment

e.g. Promotion

savings & investment

$ e.g. Start business

Start ‘trigger’ plan

e.g. Fired or redundant

Start ‘rainy day’

plan

Four types of transitions – all need buffers

@shireendupreez

Average length of job search

Professionals 6-8 weeks

Executives 10-12 weeks Source: Time

@moneyschoolorg

@shireendupreez

Factors which impact length of job search• Your qualifications, skills and experience• Your demographics – age, gender, marriage

status.• Economic market conditions – national,

state and local• Your preferences - availability, location,

flexibility.• Your job search strategy

@moneyschoolorg

3Top

1. Buffer

2. Plan

3. No bad debtStrategi

es

Rainy Day PlanWhat would you sell / stop spending on?

Where would you like to live?

What would you like to do?

Estimate costs, write it all down, put in a drawer – then sleep well!

@moneyschoolorg

“Hope for the best, save for the worst. Immediately cut all the expenses you can, hunker down and be very frugal with your money until you get another steady job.”

@shireendupreez@moneyschoolorg

Suzy Orman

@shireendupreez @moneyschoolorg

Your action steps!

@shireendupreez@moneyschoolorg

Contact Lacey

Email: lacey@moneyschool.org.au

Subscribe: moneyschool.org.au/blog/

Facebook: facebook.com/moneyschoolaustralia/

@moneyschoolorg

Shireen DuPreezFounder and Principal

http://elite-human-capital.com

@shireendupreez