Tag Archives: Personal Stories

I’m being laid off: Preparing for the Worst

As I mentioned in my previous post…I’m being laid off…yes, I will be officially unemployed exactly 38 days from now….the count-down is on.  Am I little apprehensive?  Yes and No…it depends on how you look at it.   

I’m hopeful that I will find a job so that I can bank my severance and other bonuses, but if I don’t have a job lined up by June 15th, then I will need to prepare for the worst case scenario…i.e. come up with a plan to weather the storm until I find a job.

I cannot stress enough how important it is to plan for things seen and unforeseen.  Change is inevitable whether it be good or bad.  I didn’t really see this lay off coming but, I’m glad that I started an emergency fund years ago just for these types of situations.  That is one of the reasons why I haven’t panicked and I don’t have to take the first job offered to me if I don’t want it…having an emergency fund in place gives me leverage….and that can be powerful. 

With that being said….there are several things that I will be doing while I’m laid off so that I won’t get bored or feel like I am being unproductive.  First I will do some much needed spring cleaning and I still plan to sit for my CFP (Certified Financial Planner) exam in November so the majority of my time will be focused on studying for that.  However, it would be nice to do some volunteer work as well as visit some friends who live out of state. 

Even though I have some activities lined up in case I don’t find a job, the main objective is that I’ll need to rearrange my budget so that I won’t have to dip into my savings to live. 

Continue reading I’m being laid off: Preparing for the Worst

My job is laying me off: What’s next?

Today I’m opening up even more to my readers and letting you all know what’s going on in my world. My job is laying me off.  Yep, you read that correctly.  My last day of official employment is June 15, 2012.  Was this a surprise?  Not really. These sort of things happen…that’s life.  Several months ago (back in December 2011), my employer notified all of us that they’d be moving their corporate headquarters out of state sometime in 2012.  I was offered a relocation package but after much thought, turned it down.  I’ve decided to take this opportunity to explore other avenues. 

The Plan

“What’s next?”  That’s the million dollar question.

Well, I’ve been thinking about this for quite some time. I have adequate savings that would allow me to sit out for close to one year without any additional income coming in.  With that being said, I have several options to choose from.

Continue reading My job is laying me off: What’s next?

MTM is looking for Reader Bios

The last couple of days, I’ve been opening up more and more and letting you guys learn more about me.  However, it became apparent to me that I didn’t know much about my readers except through the many comments that you guys so kindly leave me.  My Take on Money isn’t all about me  I love interacting with my readers.

As a result, I’ve decided to start the MTM Reader Bio Series.  Each week, I will aim to post a reader bio which will give me (and you) the opportunity to learn more about the readers here on MTM. 


Below are some basic guidelines/questions you should try and cover in your reader bio.

Reader Profile/Background:

  • What’s your name, marital status, do you have any kids?
  • Where are you from (Country or State)?
  • What is your occupation?  Do you like it?  How long have you been doing it?
  • What are your hobbies and interests?
  • Do you have a blog, if so what’s the name and description?
  • Is there anything special you’d like us to know about you?

Continue reading MTM is looking for Reader Bios