The Family Finance Show

Bouncing Back from Retrenchment

August 02, 2022 Season 3 Episode 4
Bouncing Back from Retrenchment
The Family Finance Show
More Info
The Family Finance Show
Bouncing Back from Retrenchment
Aug 02, 2022 Season 3 Episode 4

Alex, an airline pilot for South African Airways, who was retrenched during Covid, shares how he and his family cut their budget and turned to entrepreneurship to bounce back financially.

Alex went from being a high earning pilot to needing to figure out a way to put bread on the table in the space of a few weeks. To make things even tougher, he did not have an emergency fund. Alex candidly shares lessons from his personal finance journey in this episode.

One of the highlights of this conversation, for me, was our discussion on lifestyle creep and how, by avoiding this, you can get ahead in the savings game. Please enjoy!

Find Alex on LinkedIn: https://www.linkedin.com/in/flyingmogul/
Alex MacPhail Podcast: https://www.linkedin.com/company/alexmacphailpodcast

Join us on Twitter for real conversations about family finances:


Subscribe on your favorite podcast platform: https://podlink.to/FamilyFinanceShow

Show Notes

Alex, an airline pilot for South African Airways, who was retrenched during Covid, shares how he and his family cut their budget and turned to entrepreneurship to bounce back financially.

Alex went from being a high earning pilot to needing to figure out a way to put bread on the table in the space of a few weeks. To make things even tougher, he did not have an emergency fund. Alex candidly shares lessons from his personal finance journey in this episode.

One of the highlights of this conversation, for me, was our discussion on lifestyle creep and how, by avoiding this, you can get ahead in the savings game. Please enjoy!

Find Alex on LinkedIn: https://www.linkedin.com/in/flyingmogul/
Alex MacPhail Podcast: https://www.linkedin.com/company/alexmacphailpodcast

Join us on Twitter for real conversations about family finances:


Subscribe on your favorite podcast platform: https://podlink.to/FamilyFinanceShow