First Facebook, then Twitter, and now Amazon. This post-pandemic era is getting crazy. Luckily, we break down the layoffs from one of the globe's biggest companies and give you 3 tips you can use to protect yourself before you get fired and a few tips to ensure that your move to your next job is as smooth as possible.

Episode Summary: In this episode of "Financial Advisors Say the Darndest Things," AB Ridgeway dives into the topic of job security, financial stewardship, and maintaining a Christian perspective in the midst of economic uncertainties. He discusses Amazon's recent layoffs and the broader implications for individuals in the workforce, emphasizing the importance of being prepared and financially savvy.

Key Takeaways:

Stewardship and Job Transition: AB emphasizes the need for Christians to approach job transitions with wisdom and preparedness. He likens it to making logical investment decisions rather than emotional ones, stressing the importance of safeguarding one's family's future.
Financial Literacy and Biblical Principles: AB addresses the gap in financial literacy among Christians, particularly regarding topics like debt management, investing, and retirement planning. He highlights the need for aligning financial practices with biblical principles to achieve both wealth and righteousness.
Adapting to Economic Changes: Amidst layoffs and economic uncertainties, AB advises listeners to prioritize building emergency funds and increasing their market value through job training. He emphasizes the significance of being proactive in job searches and investing in oneself to navigate career shifts successfully.
Identity and Work: AB warns against conflating one's identity with their job, emphasizing the transient nature of employment compared to the enduring importance of personal values and faith. He encourages listeners to maintain a strong sense of self regardless of their employment status.
Biblical Perspective on Work: Drawing from Colossians 3:23, AB underscores the biblical mandate to work heartily as unto the Lord rather than for human approval. He encourages listeners to ground their work ethic and identity in their faith, finding purpose beyond the confines of their job titles.

Quotes:

"You are not a financial adviser, you are a person who is a financial adviser."
"At no point are you going to put your identity into your job because once you lose that job, what happens?"
"If you follow these steps, you will be putting the power back into your life."

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*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.

https://www.nytimes.com/2022/11/14/technology/amazon-layoffs.html