Can you afford to lose your job?

04/07/25 - Monday

April 07, 2025

Can you afford to lose your job?

I know, not exactly the Monday mood booster you were hoping for… but hear me out.

We’re shaking things up around here (again!) because well, you asked for it. After digging through the results of our recent mega survey, we’re tailoring our content to give you exactly what you want from us.

Consider it our way of saying we’re listening! 😎

So, what’s new? Every Monday, we’ll break down one simple money move. Something bite-sized, doable, and worth it. 

And we’re starting things off with a big one:

Your EMERGENCY FUND! It’s super important but easy to forget about!

When was the last time you checked in on yours? If you’re squinting at the screen trying to remember, this is your sign to take a quick peek. 

Your emergency fund isn’t just a pile of cash sitting around “just in case.” It’s peace of mind. 

It’s knowing you can handle an unexpected bill, a job loss, or a surprise medical expense without going into panic mode.

This week’s move is simple: give your emergency fund a check-up. 🩺

💬 Ask yourself:

  • Is my money in a good spot (like a high-yield savings account) so it’s growing a little while it waits? (Sidebar: If you don’t already have a high-yield savings account, we like CIT for their competitive interest rate. **)

  • Do I have enough? (or at least a plan to get there?) We recommend at least 3 months of bare-bones living expenses and/or your medical deductible as a good aim.

  • Would I feel okay if I had to tap into it tomorrow?

If your answer to any of these is “uhhh... not sure,” take five minutes today to check in.

And if you’re into quick, actionable money moves, follow our new IG account @weeklymoneymove for fresh ideas every Monday. ✨

 🧘🏻‍♀️ No Stress Bill 🧘🏻‍♀️

Speaking of jobs, did you know that when you leave, your 401(k) can sometimes be invested by your old employer in new products without your consent? Rolling your old funds into an IRA ensures that you control where and how you invest your savings. 

But if you’ve ever completed a rollover, you already know how tedious and intimidating it can be. Enter Capitalize. 

Capitalize is a FREE, no-stress, no-hassle way to find, combine, and track your old retirement accounts from past jobs into an IRA so you can maximize your savings. Their streamlined process lets you trade in annoying paperwork and headaches for a simple online, concierge experience. They will even help you compare IRAs to find the best place for your money! **

Spending is a skill and you can learn to master it. If you’ve ever struggled with being unable to stick to a budget or felt guilty about spending on something you enjoy, Jen and Jill’s debut book is going to be your next favorite read.

Toodles 👋🏻
Goldie

⭐️⭐️ P.S. Want to share all this goodness with your friends AND earn cool Frugal Friends merch?

**Means this is a sponsored or affiliate section. We may earn a small fee or commission when you choose to try one of our sponsor or affiliate partners. But opinions are still 1000% our own.