MANAGING YOUR FINANCES WHILE IN JOB TRANSITION<br />Finding Hope in Hard Times<br /> <br />
RESOURCES<br />2<br />Managing Finances<br />Gaining Control-The Most Important Steps<br />CCCS Atlanta<br />First Steps t...
3<br />RESOURCES<br />Dave Ramsey<br />7 Baby Steps/FPU<br />Crown Ministries<br />Money Map/Budgeting Tools<br />Other So...
MANAGING FINANCES<br />4<br />The Basic Law of Economics – <br />“Don’t spend it if you don’t got it”.<br />Key Questions:...
MANAGING FINANCES<br />5<br />Key Steps:<br />Stay Calm<br />Plan Ahead<br />Know what your company will be giving you<br ...
CCCS ATLANTA<br />6<br />Look into unemployment benefits<br /> <br />Look for potential sources of additional income – wha...
CCCS ATLANTA<br />7<br />Seek Help – utilize community resources<br /> <br />Plan for the unexpected – set aside a portion...
MANAGING FINANCES<br />8<br />
Upcoming SlideShare
Loading in …5
×

Managing Your Finances While In Job Transition

394 views

Published on

Managing your finances

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
394
On SlideShare
0
From Embeds
0
Number of Embeds
9
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Managing Your Finances While In Job Transition

  1. 1. MANAGING YOUR FINANCES WHILE IN JOB TRANSITION<br />Finding Hope in Hard Times<br /> <br />
  2. 2. RESOURCES<br />2<br />Managing Finances<br />Gaining Control-The Most Important Steps<br />CCCS Atlanta<br />First Steps to Take<br />Cashmoneylife.com<br />25 Ways to Save Money<br />365 Ways to Live Cheap! (Book)<br />The Ten Biggest Tips For Living Cheap<br />
  3. 3. 3<br />RESOURCES<br />Dave Ramsey<br />7 Baby Steps/FPU<br />Crown Ministries<br />Money Map/Budgeting Tools<br />Other Sources<br />Suzie Orman<br />Clark Howard<br />CNNMoney.com<br />Personal Finance Books<br />And, of course, Google<br />
  4. 4. MANAGING FINANCES<br />4<br />The Basic Law of Economics – <br />“Don’t spend it if you don’t got it”.<br />Key Questions:<br />Will my current balance cover my bills <br />How long will my current cash supply cover my basic living needs<br />
  5. 5. MANAGING FINANCES<br />5<br />Key Steps:<br />Stay Calm<br />Plan Ahead<br />Know what your company will be giving you<br />Add up all the essential bills. Know what you need to cover basic costs<br />Prioritize your bills<br />Cut out all other expenses<br />Keep a diary of all your expenses <br />Be very careful when using credit<br />Possibly take a temporary position<br />Explaining your situation to your family<br />Seek help and support if you are having difficulty<br />(or even if you’re not)<br />
  6. 6. CCCS ATLANTA<br />6<br />Look into unemployment benefits<br /> <br />Look for potential sources of additional income – what are the opportunities? maintain flexibility for interviews <br /> <br />Review your budget – reduce or eliminate what expenses?<br /> <br />Prioritize expenses – pay basic living expenses<br /> <br />Things to Avoid – debt, cash advances, small loan retailers, home equity loan?, retirement accounts?, 401K (keep matching $ in play)<br />
  7. 7. CCCS ATLANTA<br />7<br />Seek Help – utilize community resources<br /> <br />Plan for the unexpected – set aside a portion of income in a savings account<br />About CCCS:<br />1-800-251-CCCS<br />www.cccsinc.org<br />
  8. 8. MANAGING FINANCES<br />8<br />

×