Money Matters airs tomorrow on KVMR at NOON PST March 6, 2014.

Tune in Thursday at noon, PST on KVMR FM for a Money Matters show !

"Spring 2014'

Call in with your questions and hear what is happening in today's market!

With the economy still sluggish, companies may continue to cut back employees and that means you or people you know could be at risk.

How do you prepare and possibly reduce the threat of someone deciding to cut you from the workforce and thereby eliminating your means of supporting yourself?

Its best to prepare ahead of time so if it does happen, you will have already taken the steps to becoming self sufficient. Taking the steps to isolate yourself from others decisions will also reduce your stress levels and that may pay multiple benefits down the road.

Start by identifying the work you are best suited for. Review your experience, your education and your life style and decide which career path meets your personal traits.

Consider changing careers if you are in a job whose industry is being scaled back.

Reach out and make contact. Develop a personal and work support network. Touch bases with as many people in your field as you can through personal networks and public medias like Linked In and Facebook.

Create multiple streams of income. Two jobs, an at-home network or business, part time work, commission sales, all can add to your security. The more income streams the better.

Consider starting your own business. You won’t fire yourself.

Start small and cheap. Spend as little as possible with the aim to grow slowly over time. 

Start building a nest egg of income dividend paying stocks. You can view such a list at moneymangementradio.com

And start saving money now. The more you put away the better. Even saving a few dollars a week can go along way in allowing you to sleep at night and prepare for the unexpected. 

This article expresses the opinions of Marc Cuniberti. Mr. Cuniberti hosts “Money Matters” on KVMR FM 89.5 and 105.1 FM on Thursdays at noon and syndicated on over 30 radio stations throughout the US. He has been featured on NBC and ABC television and on a host of made for TV documentaries for his economic insights. His website is www.moneymanagementradio.com