The Family Finance Show

Bouncing Back from Retrenchment


Listen Later

Alex, an airline pilot for South African Airways, who was retrenched during Covid, shares how he and his family cut their budget and turned to entrepreneurship to bounce back financially.

Alex went from being a high earning pilot to needing to figure out a way to put bread on the table in the space of a few weeks. To make things even tougher, he did not have an emergency fund. Alex candidly shares lessons from his personal finance journey in this episode.

One of the highlights of this conversation, for me, was our discussion on lifestyle creep and how, by avoiding this, you can get ahead in the savings game. Please enjoy!

Find Alex on LinkedIn: https://www.linkedin.com/in/flyingmogul/
Alex MacPhail Podcast: https://www.linkedin.com/company/alexmacphailpodcast

Join us on Twitter for real conversations about family finances:

  • Follow the podcast on twitter: https://twitter.com/famfinanceshow
  • Follow Diana on twitter:https://twitter.com/dianagranoux
  • Website: https://www.familyfinanceshow.com


Subscribe on your favorite podcast platform: https://podlink.to/FamilyFinanceShow

...more
View all episodesView all episodes
Download on the App Store

The Family Finance ShowBy Diana Granoux


More shows like The Family Finance Show

View all
The Ramsey Show by Ramsey Network

The Ramsey Show

39,180 Listeners

Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,581 Listeners

Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,255 Listeners

So Money with Farnoosh Torabi by Farnoosh Torabi

So Money with Farnoosh Torabi

1,963 Listeners

Focus on the Family with Jim Daly by Focus on the Family

Focus on the Family with Jim Daly

4,783 Listeners

ChooseFI by ChooseFI

ChooseFI

5,162 Listeners

NerdWallet's Smart Money Podcast by NerdWallet Personal Finance

NerdWallet's Smart Money Podcast

888 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,101 Listeners

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing by DIY Money

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

882 Listeners

Maximized Minimalist Podcast by Katy Wells

Maximized Minimalist Podcast

925 Listeners

The Personal Finance Podcast by Andrew Giancola

The Personal Finance Podcast

1,432 Listeners

All the Hacks: Money, Points & Life by Chris Hutchins

All the Hacks: Money, Points & Life

1,626 Listeners

Financial Feminist by Her First $100K

Financial Feminist

6,473 Listeners

Money For Couples with Ramit Sethi by Ramit Sethi

Money For Couples with Ramit Sethi

3,462 Listeners

How Do They Afford That? by Michael Thompson and Canna Campbell

How Do They Afford That?

5 Listeners