The document summarizes a webinar by Shireen DuPreez and Lacey Filipich on managing money during career transitions. It introduces the speakers and their backgrounds in executive search, careers, chemical engineering, mining, and financial independence. It discusses having a buffer, plan, and no bad debt for both planned and unplanned transitions. Tips include creating a "rainy day plan" outlining costs and options to cut spending. Finally, it quotes Suzy Orman to "hope for the best, save for the worst" and be frugal until finding another job.

1. Shireen DuPreez
Founder and Principal
http://elite-human-capital.com
@shireendupreez

2. Webinar
How to Manage Your Money
During a Career Transition
with
Shireen DuPreez and Lacey Filipich

3. About Shireen
10+ years as an executive search consultant, recruiter and career
coach.
International and cross industry experience.
Author, Speaker, subject matter expert on careers.
@shireendupreez

4. About Lacey
Chemical engineer & management consultant in mining across
Australia and the USA.
Started investing at 19y.o. and now financially independent.
Getting the word out about lifestyle design and early retirement.

5. @moneyschoolorg
PLANNED UNPLANNED
$ 
e.g. Change jobs
 savings &
investment
e.g. Promotion
 savings &
investment
$ 
e.g. Start business
Start
‘trigger’ plan
e.g. Fired or redundant
Start
‘rainy day’ plan
Four types of transitions – all need buffers

6. @shireendupreez
Average length of job search
Professionals 6-8 weeks
Executives 10-12 weeks
Source: Time
@moneyschoolorg

7. @shireendupreez
Factors which impact length of job search
• Your qualifications, skills and experience
• Your demographics – age, gender, marriage
status.
• Economic market conditions – national, state and
local
• Your preferences - availability, location, flexibility.
• Your job search strategy
@moneyschoolorg

8. 1. Buffer
2. Plan
3. No bad debt

9. Rainy Day Plan
What would you sell / stop
spending on?
Where would you like to live?
What would you like to do?
Estimate costs, write it all down,
put in a drawer – then sleep well!
@moneyschoolorg

10. “Hope for the best,
save for the worst.
Immediately cut all the
expenses you can,
hunker down and be
very frugal with your
money until you get
another steady job.”
@shireendupreez @moneyschoolorg
Suzy Orman

11. @shireendupreez @moneyschoolorg

12. Your
action
steps!
@shireendupreez @moneyschoolorg

13. Contact Lacey
Email: lacey@moneyschool.org.au
Subscribe: moneyschool.org.au/blog/
Facebook: facebook.com/moneyschoolaustralia/
@moneyschoolorg

14. Shireen DuPreez
Founder and Principal
http://elite-human-capital.com
@shireendupreez