I was fired, now what?  What to do with termination?

I was fired, now what? What to do with termination?


How to leverage available funds and invest well to ensure profitability




The headlines do not deny that many companies are going through a delicate moment. The layoffs in the global giants affecting offices around the world, in addition to the cuts in national companies, lead many to ask themselves: what to do when you receive a termination of the contract, especially when the values, depending on the working hours, can yield a good amount?

“It is very important to know the profile of this person and understand their dreams and current difficulties. Many people are insecure about the instability that can come, but with the right decisions it is possible to put together a solid action plan, with good investments, to ensure a more peaceful time looking for a new position,” says Jenni Almeida, financial strategist, CVM investment advisor, CEO of Invest4U, finance major from Harvard Business School.

Put expenses on the card

The first step is to put all the expenses of the person, the house and the family on paper. “If you still don’t understand the accounts, with everything at the tip of a pencil, you need to understand all the expenses in detail in order to be able to plan the next steps”, advises Jenni.

Another important tip is for those thinking about the enterprise. In this case, you need to study finances further and build a business plan.

“This plan must take into account everything that this investment entails, from the place where it will be installed, prices charged, competition, forms of diffusion, the public it intends to reach, marketing, in short, the more careful this step is, the lower the possibility of error,” he warns.

For those who choose to continue with a formal contract, the studio is choosing where to invest.

“The amount received from the termination, if well applied, can generate large incomes, giving the possibility of having that extra income, making the money work alone and expanding the assets of those who, one day, will live on that income and will retire” , He explains.

Pay attention to the expense

But the expert also warns of care with spending at the moment.

“Especially for those who have been with the company for many years, the values ​​can be high, but they disappear quickly if the person does not get organized and plan until he manages to position himself again on the market, which is why it is so important to invest well and look for good returns, even more so at a time when rates are good for putting money into low-risk investments,” concludes Jenni.

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Source: Terra

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