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Getting financially ready for a career change, redundancy or sabbatical

Australian Finance Podcast

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Navigating Financial Changes Amid Career Transitions

The chapter explores the impact of career shifts on personal goals like starting a family, underlining the need for transparent communication, teamwork, and financial planning. It delves into leveraging entitlements like long service leave when considering job changes and stresses on maintaining a financial safety net to navigate uncertainties during entrepreneurship or job loss. Additionally, it discusses the significance of redundancy payouts, government support services, and the importance of thorough planning before significant career changes.

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