Your first instinct when you get laid off might be to dip into your savings. But there are some smarter strategies you can use to recover without dipping into your savings
You’re unemployed and staring at $65,000 in credit card debt. You want to dip into your 401(k), but your spouse is dead set against it. The disagreement is financial, but also about values, risk tolerance, and your family’s future.
So, you were fired? Yes, it sucks, but it happens to almost everyone at least once in their lives. The important part is getting what you are owed on your way out—namely your final paycheck.