Comments on: Yet More Tips To Prepare For A Layoff In Advance http://amateurassetallocator.com/2009/02/09/yet-more-tips-to-prepare-for-a-layoff-in-advance/ Amateur Asset Allocator Sun, 14 Mar 2010 18:31:38 +0000 http://wordpress.org/?v=2.9 hourly 1 By: The Passive Dad http://amateurassetallocator.com/2009/02/09/yet-more-tips-to-prepare-for-a-layoff-in-advance/comment-page-1/#comment-3454 The Passive Dad Fri, 13 Feb 2009 06:33:59 +0000 http://amateurassetallocator.com/?p=967#comment-3454 If you see a layoff is imminent, I would network like crazy and try and find a job through friends. Having an emergency fund is good in these cases, but also being able to find a job quickly can help ease tension and frustration. If you see a layoff is imminent, I would network like crazy and try and find a job through friends. Having an emergency fund is good in these cases, but also being able to find a job quickly can help ease tension and frustration.

]]> By: Four Pillars http://amateurassetallocator.com/2009/02/09/yet-more-tips-to-prepare-for-a-layoff-in-advance/comment-page-1/#comment-3380 Four Pillars Tue, 10 Feb 2009 03:13:03 +0000 http://amateurassetallocator.com/?p=967#comment-3380 Thanks for the link - yes, relying on a severance package can be a risky strategy - especially if the company goes under. In my case I'm quite confident that I would get a pretty good one. Most government workers can probably assume a good package as well. I like Tom's suggestion about alternative income - I'm still working on this one! :) Andy's suggestion should be independent of job status - high interest debt is just plain bad - I don't care if you have a guaranteed job. Thanks for the link – yes, relying on a severance package can be a risky strategy – especially if the company goes under. In my case I’m quite confident that I would get a pretty good one. Most government workers can probably assume a good package as well.

I like Tom’s suggestion about alternative income – I’m still working on this one! :)

Andy’s suggestion should be independent of job status – high interest debt is just plain bad – I don’t care if you have a guaranteed job.

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