Few things are as stressful as a potential job loss.
If you’re afraid of a layoff or termination, you better shore up your emergency fund.
Prepare yourself by living off your potential unemployment check for a few months.
Over at Credit.com, they give some tips on how to prepare for a job loss.
You may not know your severance package or other benefits.
Contact your state’s unemployment office they can tell you the current formula for benefits.
Check out the link for other ways to prepare for impending unemployment.
Think You Might Lose Your Job?
How to Prepare for the Worst| Credit.com
Photo byTimothy Krause.