High performers are layoff-proof.
Here’s how they do it:
They make their paychecks work for them.
Tip #1: Save more than spend:
→ Manage your earn and spend ratio
→ Invest what you would not need for next 3-5 years
→ Have 10 months of savings in high yield savings account
→ Always have backup/exit strategy in case of layoff to reduce your expenses
Tip #2: Passive Income from long term investments:
→ Buy a dream house only when your passive investment pays for it
→ Invest in stocks of the company you believe in and know of
→ Invest for long term in real estate to create passive income
→ Have a financial advisor and be in know of your yields
→ Invest for long term in mutual funds and index funds
You don’t need a bigger paycheck to feel more safe.
You need to make your current paycheck work for you.
When you’re layoff-proof, you’ll rise like a Phoenix in any unexpected surprise. 🐦🔥
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