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With layoffs seemingly always looming these days, is there anything that would help increase your financial security if laid off?
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Obviously there are severance packages, but these aren’t a given and can be pretty weak. There’s also unemployment, but that is significantly less than your current salary.

What I’m trying to understand is, in an ideal world, what kind of program could help make you feel financially secure in the event of a layoff? Or maybe you feel the above options are sufficient and this problem is already solved?

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Start 'sinking funds' with your rent and utilities and then put all your savings into these so that way you have money dedicated to each monthly expense if you think a layoff is coming.

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5 months ago