Making Sure Your Finances Are in Order Before Being Laid Off

This Element is an excerpt from Rebound: A Proven Plan for Starting Over After Job Loss (ISBN: 9780137021147) by Martha Finney. Available in print and digital formats.

A step-by-step plan for financial self-protection: make it easier to survive a layoff financially, whether you expect one or not.

Even if you aren’t facing an immediate layoff, there are actions you can and should take to put yourself in the best position to absorb the financial shock should the time come. Being employed makes it easier to make some of these changes, so consider doing them now....