Sunday, February 22, 2009

Preparing for a Layoff

Preparing for a Layoff: "You get into work tomorrow and you are told that your position has been made redundant. Are you prepared for this scenario and its likely impacts on your financial security?

In these weak economic times with lower company profits and unemployment rising, you need to be prepared for adverse circumstances such as losing your job. Whether you are in a dual income or single income household, you need to have contingency plans in place if one or more of your main sources of income goes away. Here are four key items to plan ahead for."