Navigating Layoffs: Financial Advisors’ Best Advice

Job loss is a trauma, but having a plan and some savings makes surviving it less traumatic. In this @Barrons interview, our partner @Aaron Leak of ECL Private Wealth Management shared practical, first-things-first advice. Top of the list is providing for the essentials – food, housing, and transportation. Of course, preparing for bad times works best in the good times when the smartest move is saving enough for 6 to 12 months of reduced income. 

 

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