Financial Survival After a Job Loss

Financial Survival After a Job Loss

Financial Survival - Planning

Financial Survival - Planning

Financial Survival - Basics of Job Severance Packages

Financial Survival - Basics of Job Severance Packages

Financial Survival - Insurance and Retirement Plans

Financial Survival - Insurance and Retirement Plans

Financial Survival - Creating a Spending Plan

Financial Survival - Creating a Spending Plan

Picking The Perfect Financial Planner

Picking The Perfect Financial Planner

Successful Money Saving Steps

Successful Money Saving Steps

6 Steps For Organized Finances

6 Steps For Organized Finances

Investment Management

Investment Management

Investment Strategies

Investment Strategies

Best Investment Options

Best Investment Options

Investment Planning

Investment Planning

Investment For Beginners

Investment For Beginners

Teaching Kids Responsible Spending Habits

Teaching Kids Responsible Spending Habits

Teaching Kids To Save Money

Teaching Kids To Save Money

Teaching Kids To Make Money

Teaching Kids To Make Money

When To Introduce Kids To Money

When To Introduce Kids To Money

Kids And Money Management

Kids And Money Management

Beginners Budgeting Basics

Beginners Budgeting Basics

Financial Survival - Creating a Spending Plan

Financial Survival - Creating a Spending Plan

Financial Survival - Insurance and Retirement Plans

Financial Survival - Insurance and Retirement Plans

Financial Survival - Basics of Job Severance Packages

Financial Survival - Basics of Job Severance Packages

Financial Survival - Planning

Financial Survival - Planning

Financial Survival After a Job Loss

Financial Survival After a Job Loss

Budgeting - Reducing Debt

Budgeting - Reducing Debt

Budgeting - Taking Financial Control

Budgeting - Taking Financial Control

Budgeting - Calculating Income & Expenses

Budgeting - Calculating Income & Expenses

Budgeting - Understanding Budgets

Budgeting - Understanding Budgets

How to Create a Budget

How to Create a Budget

Financial Planner Fees

Financial Planner Fees

The Importance of "Full Disclosure"

The Importance of "Full Disclosure"

Looking for & Choosing a Financial Planner

Looking for & Choosing a Financial Planner

Financial Planning Services

Financial Planning Services

Choosing a Financial Planner

Choosing a Financial Planner

Getting Out of Debt

Getting Out of Debt

Improving your Credit Score

Improving your Credit Score

How to Read & Correct Credit Report Errors

How to Read & Correct Credit Report Errors

Checking your Credit Report

Checking your Credit Report

How to Repair your Credit

How to Repair your Credit

Monitoring the Financial Plan & Making Adjustments

Monitoring the Financial Plan & Making Adjustments

Implementing the Financial Plan

Implementing the Financial Plan

Developing a Financial Plan

Developing a Financial Plan

Analyzing your Financial Status

Analyzing your Financial Status

Gathering Data for your Financial Plan

Gathering Data for your Financial Plan

Financial Planning - Establishing Goals

Financial Planning - Establishing Goals

Financial Planning Basics

Financial Planning Basics

Saving Money - Making Hard Decisions

Saving Money - Making Hard Decisions

Saving Money - Planning for Lower Fixed Costs

Saving Money - Planning for Lower Fixed Costs

Saving Money - Reducing Variable Spending

Saving Money - Reducing Variable Spending

Saving Money - Cutting Out Avoidable Expenses

Saving Money - Cutting Out Avoidable Expenses

How to Save Money

How to Save Money

How To Makeover Your Work Wardrobe

How To Makeover Your Work Wardrobe

Top Manufacturing Jobs in Demand

Top Manufacturing Jobs in Demand

Dress For The Job You Want

Dress For The Job You Want

How To Break In To Copywriting, Content & Article Writing

How To Break In To Copywriting, Content & Article Writing

Search Resumes To Refresh Your Candidate Search

Search Resumes To Refresh Your Candidate Search

How To Turn Your Passion Into Your Career

How To Turn Your Passion Into Your Career

Answers To The 3 Most Common Interview Questions

Answers To The 3 Most Common Interview Questions

Top Hospitality Jobs In Demand

Top Hospitality Jobs In Demand

Top Construction Jobs In Demand

Top Construction Jobs In Demand

Top Jobs Experiencing Growth

Top Jobs Experiencing Growth

Opportunities For Civilian Service In The Military Community

Opportunities For Civilian Service In The Military Community

Learn To Better Understand Military Culture

Learn To Better Understand Military Culture

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Financial Planning Association

Financial Planning Association

www.FPAnet.org  

1-800-322-4237

The Financial Planning Association (FPA) is a nonprofit, leadership and advocacy organization connecting those who provide, support and benefit from financial planning. FPA represents a promise of financial well-being, hoping to create a world where everyone thrives and prospers. Based in Denver, Colo., FPA has 96 chapters throughout the United States representing more than 25,000 members involved in all facets of providing financial planning services. Working in alliance with academic leaders, legislative and regulatory bodies, financial services firms and consumer interest organizations, FPA is the premier resource for the public to find a financial planner who will deliver advice using an ethical, objective, client-centered process.

Financial Survival After a Job Loss

How to get through the tough times between jobs without ruining your financial security.

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Mark Johannessen: Hi! My name is Mark Johannessen. I am a financial planner and a member of the Financial Planning Association, also known as FPA. Today, I would like to share with you some steps you can take to financially survive a job loss, whether you are unemployed now or expect to be.

First, I'll discuss putting a plan in place. Early key moves and decisions can make the difference between surviving financially until you are successfully employed again and making financial mistakes that could jeopardize your financial wellbeing for years to come.

Next, I'll discuss the basics of the severance package. This package typically extends salary and perhaps benefits for a certain dollar amount or period of time. Then, I'll talk about insurance and retirement plans. Finally, I'll discuss creating and spending plan, a basic aspect of sound financial planning as knowing what your income and expenses are and balancing the two.

Before we get started, let me tell you a little bit about the Financial Planning Association. The Financial Planning Association connects those who need, support, and deliver financial planning. We provide a variety of educational resources tools and services to help you discover the value of financial planning and to help you achieve your goals and dreams. Our destiny is to help create a world where everyone thrives and prospers. So let's get started on financially surviving a job loss.