Career & Education
What To Do When You’re Jobless or Retrenched
By Singapore's Budget Babe  •  August 28, 2021
You’ve planned to be financially free by age X. But what happens if your income takes a sudden hit and derails your financial plans? With more people having lost their jobs or facing retrenchment (due to the pandemic dragging on for far longer than expected), you’ll need a plan on what to do if your employment situation changes as well. And lest you think that retrenchments only happen to people in their 40s or 50s, think again. Many young professionals in their 20s were retrenched last year, and it even happened to a colleague of mine, who is in his early 30s. I feel really upset each time readers message me for help on what they can do when they've been laid off. This is why I've stressed time and time again that it is crucial for one to build additional income sources on the side, such as through a side hustle or investments....
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By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
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