Obviously, It's About Investing, Not Depending on a Job

Minimalism is so in. On professional anonymous networks Blind, Fishbowl, Reddit and Glassdoor the postings are about multiple layoffs. If you're fortunate and land a good white collar job after being axed it might not be for long. Then you're out there looking again in this era of serial RIFs.

So, more of my clients who have endured this employment insecurity are embracing a low-spend lifestyle. That's sometimes called "minimalism." Others just refer to is "frugal." Essentially it means living below your income.

With the surplus funds left over after paying your bills you can invest. Boomers and Gen Xers who played it that way are feeling okay about the work situations. It may be hard to even land contract assignments. Jobs at their age? Forget it. But the nest eggs are holding up. They got the hope that they will not outlive their money.

Today, so far, is a good one for the Dow.

44,527.17
USD▲ +158.61 (+0.36%) today
February 13, 11:12 AM EST · Market Open

UPDATE:

44,659.03
USD▲ +290.47 (+0.65%) today
February 13, 2:09 PM EST · Market Open

As an intuitive career coach/tarot reader I uncover the opportunities/obstacles in your earning power that others miss. Free confidential consultation. If we work together, fees are custom-made for your budget. For an appointment: contact Jane Genova (text/phone 203-468-8579, janegenova374@gmail.com). In-person and remote.


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