Part 1 – Get Clear About Your Money - Clarity Creates Power. Many people avoid examining their financial situation; however, confronting their finances is essential for making meaningful changes. Achieving financial independence does not rely solely on obtaining a raise, securing a loan, or transitioning to a new job. Instead, it begins with gaining Clarity about your current financial status. Understanding where you stand financially provides the necessary foundation to make informed decisions about your future and set goals for where you want to go. 💜 Step 1: Take an Honest Snapshot Grab a notebook to list, or open a simple spreadsheet to enter: Your source of income Your monthly expense, and Your debt, no matter how small. Approach this process as if you are illuminating a dark room you've been navigating quietly. The goal here isn't to achieve perfection, but to establish a clear understanding of your financial situation. By gaining visibility into your income an...
The wave of layoffs impacting thousands of Black women, especially within federal agencies and government-funded organizations, has been an emotional and economic disruption, leaving many to wonder, “What’s next for me?” The SOFEI Group believes that when systems shift, like changes in government policies, organizational restructuring, or technological advancements, this is an opportunity for redirection, not rejection. This season can be your turning point to reinvent yourself professionally to become a federal contractor or consultant for your previous employer. Reframe Your Layoff as a Business Opportunity As an employee, you possess what most business owners dream of: insider knowledge of industry operations. You are intimately familiar with the systems, protocols, and challenges. Your prior work experience is your power. Instead of seeking another job, consider a contracting or consulting opportunity as a 1099 consultant, virtual support provider, trainer, or project specia...