Laid Off Tomorrow? Why Your Net Worth Won’t Save You

Laid off tomorrow — how long could you last? Your net worth can look strong on paper while the cash you can actually reach covers only a few months, because a home, a retirement account, and investments take time to touch. What we're talking about: • How to calculate your monthly financial floor from your last three months of statements • Reachable money vs. paper wealth: what you can access in days (checking, savings) and what takes longer (brokerage, retirement accounts, home equity) • How many months of expenses you have covered, and what each range means • Emergency fund vs. transition money, and why a gap account needs its own line • Starting a gap account with a quarter of your monthly floor, and an automatic transfer on payday if your earnings are steady • The call to make after a layoff: when your health coverage ends, your options to continue it, and how long you have to decide Money Matters is a story-led personal finance series for women navigating their second act. We start with where you actually are — not where you should have been. FREE COMPANION TOOL The Financial Floor Calculator — calculate your monthly floor number, see how much of your net worth you can reach this week, and set your gap account target. → https://bluhonei.com/tools/floor.html 📖 READ THE COMPANION ARTICLE The Floor Beneath the Wealth → https://bluhonei.com/read/the-floor-b... ⏱ CHAPTERS 00:00 How much of your life can you reach if income stops? 00:38 The call: a layoff on a Tuesday morning 01:31 What a financial floor is 01:50 Step 1: Find your monthly floor number 03:25 Step 2: Reachable money vs. paper wealth 04:51 How many months of expenses do you have covered? 05:28 Step 3: Open a gap account for transition money 06:33 The call most people put off: your health coverage 06:49 What she does with the next week 07:10 A floor that keeps pace with your life 🔗 CONNECT WITH BLUHONEÍ Newsletter: Consider This → https://bluhonei.com/subscribe Read past issues → https://bluhonei.com/consider-this Website → https://bluhonei.com Pinterest →   / bluhonei   📌 DISCLAIMER Bluhoneí shares real financial perspective, not a substitute for professional advice. This video is for educational purposes only and does not constitute financial, legal, or tax advice. Talk to a qualified professional before making decisions specific to your situation. #Layoff #EmergencyFund #WomenAndMoney