Financial Autonomy

Preparing for the Unknown: Tips for Being Ready if You’re Made Redundant

06.07.2023 - By Financial Independence for AustraliansPlay

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Redundancy. With the Australian economy slowing as the impact of higher interest rates begins to bite, job cuts are likely to accelerate. Layer on top of this the potential impact that artificial intelligence might have on the white-collar workforce of the future, and it's easy to understand why many people are feeling anxious about their employment future. I've found that when I'm feeling anxious, the best way to relieve stress is to identify what I would do if the thing that's keeping me awake at night, were to occur. Worst-case scenario planning. Once I'm clear on what I would do, even though it's somewhat unpalatable, I find the anxiety goes away. So if the potential for redundancy is something causing you sleepless nights, this week’s episode might provide you with a way to take control and move forward with positivity. [Disclaimer] [Website]

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