How To Survive Losing Your Job

All of us have the same fear: “What would I do if I lost my job today?” It’s a common question, and a very healthy question to ask ourselves periodically. While it isn’t feasible to plan so that a job loss has no measurable impact on our lives, it makes no sense to leave this scenario out of our financial contingency plans. We carry insurance in case of automobile accidents, life insurance to care for our loved ones when we are gone, and some of us (especially here in Florida) ritually prepare for storms and hurricanes. A little time spent on managing how to survive losing your job doesn’t seem unwarranted.