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Prepare For Success - Final Formatted Copy

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<strong>Prepare</strong> <strong>For</strong> <strong>Success</strong><br />

will help keep your job hunt on track.<br />

The following are the ideal preventative measures; the more you can take, the better:<br />

• y Put away savings to build a cash reserve (emergency fund) that can help you cover<br />

unexpected events. Your cash reserve amount should ideally be able to cover three to<br />

six months of living expenses.<br />

• y Keep cash reserve funds in an account that you can easily access if the money is needed.<br />

• y Consider putting additional savings in invesTMent accounts that generate a higher<br />

return than a regular savings or current accounts.<br />

• y Purchase long-term disability insurance.<br />

• y Create a plan to deal with unexpected emergencies, including what you could do, where<br />

you could you go, who might help you.<br />

• y Identify potential credit and loan sources or other ways you might be able to quickly<br />

increase your income during a financial emergency.<br />

When you are confident that you have a clear view of your financial situation and that your<br />

finances are under control, you will have a solid (and far more stress-free) foundation to move<br />

forward with your job hunt.<br />

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