This educational personal finance show combines money lessons, timely topics, personal stories, and community wisdom to help listeners and viewers master their finances to enjoy a stress free life of financial freedom.
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This educational personal finance show combines money lessons, timely topics, personal stories, and community wisdom to help listeners and viewers master their finances to enjoy a stress free life of financial freedom.
In this episode Mark broadcasts from the cruise ship Silver Nova off the coast of Australia.
Mark addresses the critical steps to take if you or someone you know is laid off. Topics include understanding severance packages, health insurance options like COBRA, applying for unemployment benefits, managing emergency funds, consolidating retirement accounts, and reassessing financial priorities.
Mark emphasizes focusing on controllable aspects and maintaining a positive outlook during such transitional periods.
If you would like your question answered on the show, please send an email to Mark@MarksMoneyMind.com and put “podcast question” in the subject line.
Episode Links:
Mark’s Money Mind YouTube Channel
Timestamps:
00:58 Navigating Job Loss: Initial Steps
01:35 Understanding Severance Packages
03:21 Health Insurance Options After Layoff
07:25 Managing Finances During Unemployment
09:36 Rolling Over Retirement Accounts
11:40 Finding New Opportunities
13:23 Episode Summary and Final Thoughts
Mark's Money Mind
This educational personal finance show combines money lessons, timely topics, personal stories, and community wisdom to help listeners and viewers master their finances to enjoy a stress free life of financial freedom.