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Responsible Jess Jarmo
Last Update 23/05/2025
Completion Time 33 minutes
Members 39
  • Start Here
    2Lessons · 3 mins
    • Introduction from Jess Jarmo
    • Let's Get Started!
  • Goals & Time Management
    3Lessons ·
    • Goal Setting
    • Time Management
    • Scheduling & Time Allocation Worksheet
  • Career Assessments & Interpreting Results
    2Lessons ·
    • Enneagram Career Assessment
    • Evaluate Enneagram Assessment
  • Getting Started with Career Stepping stones
    5Lessons · 30 mins
    • Self Assessment and Non-Negotiables
    • Neurodivergent Traits and Challenges Worksheet
    • Why is Constructive Feedback Important
    • Constructive Feedback Guide
    • Strengths & Values Worksheet
  • Neurodivergent Tools
    5Lessons ·
    • Free Text-to-Speech Tutorial Video
    • ChatGPT Tutorial Video
    • Google Docs Voice-to-Text Video Tutorial
    • Mind Mapping and How It's Used
    • Boosting Memory Through Visualization, Mind Mapping, and Chunking
  • MindSet
    4Lessons ·
    • Mindset & Overcoming Fear and Taking Action
    • Confidence Boosting
    • Motivational Questions for Finding the Right Job
    • Self Care & Work Life Balance
  • Choosing Your Career Path
    7Lessons ·
    • Career Exploration Resources
    • Job Research & Skill / Challenges Matching
    • Market Research Guide
    • Informational Interviews
    • Understanding Your Cash Flow, Expenses, and Salary Projections Objective: To help you understand the importance of knowing your cash flow, managing expenses, and projecting your new job salary to make informed career choices. Click here for the Cash Flow document and create a copy. Why Understanding Cash Flow is Important Cash flow refers to the amount of money coming in and going out of your finances. Having a clear picture of your cash flow is crucial because it: Ensures Financial Stability: Knowing your income and expenses helps you avoid living paycheck to paycheck and ensures you have enough to cover your necessities. Helps with Budgeting: It allows you to create a budget, making it easier to manage your money and save for future goals. Reduces Stress: Financial clarity reduces anxiety about money and provides a sense of control over your financial situation. Steps to Understand Your Cash Flow Track Your Income: Document all sources of income, including salary, side gigs, investments, etc. Record Your Expenses: List all your monthly expenses, such as rent/mortgage, utilities, groceries, transportation, insurance, debt repayments, and discretionary spending. Calculate Net Cash Flow: Subtract your total monthly expenses from your total monthly income to determine your net cash flow. A positive cash flow means you have extra money to save or invest, while a negative cash flow indicates you are spending more than you earn. Projecting New Job Salary When considering a new job, it's essential to project your potential salary and compare it with your current cash flow. Here's how: Research Salary Ranges: Use online resources like salary.com, Glassdoor, or industry-specific websites to find the average salary for the position you are considering. Consider Future Career Growth: Think about where you want to be in the next 1-5 years. Does this new job offer opportunities for salary increases, promotions, or career advancements? Compare with Current Cash Flow: Assess if the new salary will cover your current expenses and align with your financial goals. Consider any changes in expenses that may come with the new job, such as commuting costs, relocation expenses, or changes in benefits. Creating a Cash Flow Chart A cash flow chart can help you visualize your financial situation. Here’s a simple example: Income Amount ($) Job Salary 3000 Freelance Work 500 Investments 200 Total Income 3700 Expenses Amount ($) Rent/Mortgage 1000 Utilities 150 Groceries 300 Transportation 100 Insurance 200 Debt Repayments 200 Discretionary Spending 400 Total Expenses 2350 | Net Cash Flow | 1350 | Making Informed Decisions When choosing a job, understanding your cash flow and expenses helps you make informed decisions. Here’s why: Aligns with Financial Goals: Ensures the new job supports your financial objectives, whether it’s saving for a house, paying off debt, or investing in your future. Maintains Lifestyle: Helps you determine if the salary will sustain your current lifestyle or if adjustments are needed. Career Projection: Assists in evaluating if the job aligns with your long-term career goals and offers potential for growth. By knowing your cash flow and projecting your expenses and new job salary, you can make strategic career choices that support your financial well-being and long-term career aspirations. Use this information to create a plan that helps you achieve stability and growth in your professional and personal life.
    • Finding Neurodiversity-Friendly Companies with Great Culture!
    • Additional tips on Locating Companies that Value Neurodiversity
  • Professional Writing
    4Lessons ·
    • Resume Template and Tips with Jobscan & ChatGPT
    • Cover Letter Tips & Template
    • Optimizing Your LinkedIn Profile
    • Tailer your Resume for Each Job
  • Job Application Process
    7Lessons ·
    • Are You a Match? How to Determine Your Qualifications for a Job
    • Job Application Status Worksheet
    • Effective Job Searching Strategies
    • Applying to Jobs
    • Job Board List
    • How to Reach Out to Recruitment Agencies and Programs
    • Facebook Job Searching
  • Executive Functioning and Success
    5Lessons ·
    • Get Organized
    • Time Management Worksheet
    • Motivation and Positive Self-Talk
    • Self-Advocacy
    • Requesting Accommodations
  • Interview Preparation
    11Lessons ·
    • Comprehensive Interview Preparation: Researching Companies, Job Roles, and Interviewers
    • Making Connections: What Hiring Managers Really Want
    • How to Answer VS NOT to answer interview questions
    • Asking Questions in an Interview
    • Red Flags in Interviews Video
    • Interview Etiquette
    • Mock Interviews
    • Social Cues in Interviews
    • Messaging Templates for Reaching Out to Recruiters
    • How to Discuss Autism in Your Job Interview: A Helpful Script
    • Gap In Career Script
  • Networking Basics
    5Lessons ·
    • Networking Basics
    • Creating Your Casual Conversation Script for Networking
    • How to Create a Networking Pitch
    • Create a List of companies
    • Networking while in a Temp position
  • Negotiations
    1Lessons ·
    • Negotiating a Job Offer