Disclaimer: Any information shared here is not intended nor does it constitute, tax, legal or any other financial advice. Before making any decision or taking any action regarding any finances, please consult a qualified financial advisor.

In today’s episode I have a chat with Phumelele Ndumo. Phumelele is a financial advisor, an author of two books, one of which is called From Debt to Riches and a radio contributor, and she is also regularly invited by organisations to share her financial management insights. In our discussion today, we talk about job retrenchment where Phumelele shares some insights on how best to prepare for it. In this conversation, Phumelele defines retrenchment, voluntary and involuntary retrenchment, and the financial implications that come with it. Phumelele shares that the news of retrenchment affects people differently, depending on where one is in their career. She shares that it definitely changes your life, and it can be a rude awakening, but she advises that while you still can, take precautions and make the necessary arrangements according to your needs post your retrenchment.

Contact Phumelele:

[email protected]1

Office Line: 011 568 2635

Cell: 068 195 4028

FB: Thuthuka SA

Contact Me:

IG&FB. @Change Conversations with Mpume

YouTube: Change Conversations with Mpume

Website: www.changeconversations.co.za