When Your Nest Egg Is Important

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Abstract

n Washington D.C. for 19¢. That was a long time ago.I am also currently writing a book geared toward young people looking for their first jobs. Ironically, yesterday I was talking about the need that they start at the beginning of their employment to set aside part of what they earn. Even if what they are earning is peanuts, I told them they need to get into the habit of setting aside some money. I told them to start small. Maybe $5 or$ 10 every paycheck. As they start earning more money at their jobs, I told them to increase the amount that is saved.<blockquote id="8084">You never know when you’re going to have a rainy day and need that money.</blockquote>Many businesses will allow you to split the money you make between bank accounts, so having that extra bit going into a savings account is money you never see. It is never money you figure into your monthly budget. It is saved.You don’t see it, so it is like it isn’t there, and you don’t miss it either. Eventually, anyway.I feel sorry for the people who are laid off no matter who they work for. The economy, primarily I think, because of the Pandemic, is unsettled. Grand layoffs are happening. Be ready with a bit of your savings to tide yourself over the hump until you can get ano

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ther job.Also, remember that you can apply for unemployment. Check that avenue out if layoffs are coming your way. Just find out what website you can go to and how to start the process. I know you can do that in the United States. I don’t know what it is like in other countries. Find out.One thing to think of is, if this has happened to you and you have just been laid off, think of how much experience you gained working at that job. Put a positive spin on everything you can to keep your spirits up.Think of how much better you are as a cook or cashier with the experience you have gained. Go out into the world and get yourself another job. If you do not have a resume, get one now.It is sadness and anger that can hold you back. It’s like poison ivy on the backs of your hands. Let your wounds heal, look on the bright side, and go hit the pavement looking for another job.Do not let your lack of experience deter you from applying for any job. Be sincere when you say, “I learn quickly”. You did this once you can do it again.And, thanks for reading.<figure id="8aae"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*HIaf3vEXvMKR7QpVV8fUAw.jpeg"><figcaption></figcaption></figure></article></body>

That Difficult Discussion with Your Boss

Early April 2023: McDonald’s has told its office employees to work from home this week. Naturally, the folks on the line and in the restaurants will still be at work. The question is, how long for any of them?

Evidently, back in January 2023, the CEO, Chris Kempczinski, said in a memo that trouble was on the horizon. Of course, they couched the memo in more polite, business-like language with phrases like “evaluate roles” and “help us move faster as an organization.”

Usually, I don’t comment on current events, and what is now happening with McDonald’s has been happening for a long time to a lot of other companies all over the globe. The reason why this caught my eye is that my husband remembers buying a hamburger from a McDonald’s in Washington D.C. for 19¢. That was a long time ago.

I am also currently writing a book geared toward young people looking for their first jobs. Ironically, yesterday I was talking about the need that they start at the beginning of their employment to set aside part of what they earn. Even if what they are earning is peanuts, I told them they need to get into the habit of setting aside some money. I told them to start small. Maybe $5 or $10 every paycheck. As they start earning more money at their jobs, I told them to increase the amount that is saved.

You never know when you’re going to have a rainy day and need that money.

Many businesses will allow you to split the money you make between bank accounts, so having that extra bit going into a savings account is money you never see. It is never money you figure into your monthly budget. It is saved.

You don’t see it, so it is like it isn’t there, and you don’t miss it either. Eventually, anyway.

I feel sorry for the people who are laid off no matter who they work for. The economy, primarily I think, because of the Pandemic, is unsettled. Grand layoffs are happening. Be ready with a bit of your savings to tide yourself over the hump until you can get another job.

Also, remember that you can apply for unemployment. Check that avenue out if layoffs are coming your way. Just find out what website you can go to and how to start the process. I know you can do that in the United States. I don’t know what it is like in other countries. Find out.

One thing to think of is, if this has happened to you and you have just been laid off, think of how much experience you gained working at that job. Put a positive spin on everything you can to keep your spirits up.

Think of how much better you are as a cook or cashier with the experience you have gained. Go out into the world and get yourself another job. If you do not have a resume, get one now.

It is sadness and anger that can hold you back. It’s like poison ivy on the backs of your hands. Let your wounds heal, look on the bright side, and go hit the pavement looking for another job.

Do not let your lack of experience deter you from applying for any job. Be sincere when you say, “I learn quickly”. You did this once you can do it again.

And, thanks for reading.