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.
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Episode Links:
Mark’s Money Mind YouTube Channel
Timestamps:
This episode introduces the concept of the financial order of operations, providing a systematic approach to managing personal finances, including prioritizing credit card debt...
In this episode Mark addresses questions from listeners in a special ‘Monthly Mailbag' show. He explores Ryan’s suggestion of renaming the middle phase of...
In this episode, Mark discusses the process of creating an income and expense statement to track and manage personal finances. He provides detailed guidance...