Spotlight You got laid off: What to do with your money Anna Helhoski, NerdWallet Dec 1, 2022 Dec 1, 2022 Updated Nov 30, 2023 0 If you’ve been laid off, there are several things you can do to safeguard your money before you start looking for your next gig. Getty Images Prefer us on Google Learn More Facebook Twitter WhatsApp SMS Email Print Copy article link Save Anna Helhoski, NerdWallet When you’re laid off, you’re not going to be in the clearest state of mind to take care of your financial life.kAmxE 42? 36 492==6?8:?8 E@ 5@ >F49 @7 2?JE9:?8 2E 7:CDE[ D2JD !2>6=2 r2A2=25[ 2 }6H *@C<\32D65 46CE:7:65 7:?2?4:2= A=2??6C] “qFE J@F 92G6 E@ 562= H:E9 E96 7:?2?4:2= DEF77]”k^AmkAm%@ D2768F2C5 J@FC 7:?2?46D[ 4@?D:56C E96 7@==@H:?8 7:CDE DE6AD]k^Am k9am$64FC6 J@FC 9F>2? C6D@FC46D 4@?E24Ek^9am People are also reading… NC cannabis council considers public consumption policy for THC products Davidson County woman awarded $850K in lawsuit against former Mooresville NASCAR driver Autumn Jubilee in Rowan County set for Saturday; Sunday events canceled NC has changed math standards. Here’s what high school students will now take Kannapolis Fire Department hosts Fire Truck Parade, Food Drive, Bloodmobile Trump to begin sending $500 ACA refund checks. Here's where they're going End of an era: NC DMV eliminates stickers, routine paper registration on Oct. 1. Here's why Bill Belichick, UNC football had Notre Dame on upset alert before everything changed Board OK puts business development grant, tax reinvestment fund to work in Cabarrus NC family permanently protects 150 acres in Iredell and Alexander counties Concord celebrates 2,125 combined years of service Are you required to answer immigration questions at NC traffic stops? The law Dancing for the Arts returns Nov. 7 with a new lineup of local stars Morganton, Lenoir residents accuse Winston-Salem's Quality Oil of selling contaminated gas Will UNC football upset Notre Dame? Three keys for Bill Belichick's Tar Heels this weekend kAm“q67@C6 J@F H2=< @FE E96 5@@C — 2?5 4@>A2?:6D >2J D2J J@F’C6 @FE E96 5@@C H:E9:? 7:G6 >:?FE6D — >2<6 DFC6 J@F 92G6 2 4@?E24E[” D2JD p?5C62 z2J[ r:?4:??2E:\32D65 2FE9@C @7 “(@C<’D 2 q:E49 2?5 %96? *@F |2<6 xE (@C<[” 2?5 D6G6C2= @E96C 42C66C 3@@<D]k^AmkAmw2G:?8 2 A6CD@? E@ 4@??64E H:E9 2E J@FC 7@C>6C 6>A=@J6C[ =:<6 2? w# AC@[ H:== 36 4CF4:2= :7 J@F ?665 96=A C@==:?8 @G6C J@FC c_`W<X C6E:C6>6?E A=2?[ @C :7 E96C6 2C6 2?J :DDF6D H:E9 56=:G6CJ @7 J@FC D6G6C2?46 A2J]k^Am k9amu:?5 @FE :7 E96C6 H:== 36 D6G6C2?46k^9amkAm*@FC 6>A=@J6C >2J @C >2J ?@E @776C D6G6C2?46] s6A6?5:?8 @? E96 4@>A2?J 2?5 J@FC DE2E6’D =2HD[ E9:D 4@F=5 :?4=F56 D6G6C2?46 A2J 2D H6== 2D 2?J C6>2:?:?8 A2:5 E:>6 @77 J@F H6C6 6?E:E=65 E@] {:<6 @E96C 7@C>D @7 :?4@>6[ D6G6C2?46 A2J :D DF3;64E E@ :?4@>6 E2I]k^Am kAm(96? E96 @?=:?6 A2J>6?E 4@>A2?J $EC:A6 =2:5 @77 23@FE `cT @7 :ED DE277 @? }@G] b[ :E @776C65 `c H66<D @7 D6G6C2?46[ A=FD >@C6 7@C E9@D6 H:E9 =@?86C E6?FC6] %96 D6G6C2?46 A24<286 2=D@ :?4=F565 E96 a_aa 2??F2= 3@?FD 2?5 A2J 7@C 2== F?FD65 A2:5 E:>6 @77]k^Am kAm$6G6C2?46 >:89E 6G6? 36 ?68@E:23=6[ 6IA6CED D2J] r@?D:56C C6BF6DE:?8 255:E:@?2= D6G6C2?46[ 42C66C D6CG:46D E@ 96=A J@F 7:?5 J@FC ?6IE ;@3[ C6:>3FCD6>6?E 7@C F?FD65 A2:5 E:>6 @77[ 2? 6IE6?D:@? @7 962=E9 :?DFC2?46 4@G6C286 @C :>>65:2E6 G6DE:?8 7@C F?G6DE65 DE@4< @AE:@?D]k^AmkAm(9J H@F=5 2? 6>A=@J6C 28C66n (6==[ D6G6C2?46 :D @7E6? AC@G:565 3642FD6 2? 6>A=@J6C H2?ED 6>A=@J66D E@ D:8? 2 C6=62D6 @7 4=2:>D 282:?DE 2? 6>A=@J6C[ 2 ?@?5:D4=@DFC6 28C66>6?E @C 2 ?@?4@>A6E6 28C66>6?E]k^Am kAm“%96J ?665 J@F E@ D:8? D@>6E9:?8[ 2?5 D@ J@F 92G6 2 =:EE=6 3:E @7 =6G6C286 E96C6 E@ ?68@E:2E6[” D2JD r2A2=25[ H9@’D 2=D@ E96 7@F?56C @7 E96 7:?2?4:2= A=2??:?8 3FD:?6DD qCF?49 U2>Aj qF586E]k^Am k9am$42=6 324< DA6?5:?8k^9amkAmtIA6CED 2=D@ DF886DE :>>65:2E6=J 4FEE:?8 324< @? 5:D4C6E:@?2CJ DA6?5:?8] u@4FD:?8 @? E96 6DD6?E:2=D — 7@@5[ 9@FD:?8 2?5 FE:=:E:6D — F?E:= J@F =2?5 J@FC ?6IE 8:8 42? 96=A C65F46 E96 7:?2?4:2= DEC2:?] !6C92AD J@F 42? k2 9C67lQ9EEADi^^HHH]?6C5H2==6E]4@>^2CE:4=6^7:?2?46^H2JD\E@\D2G6\>@?6J\@?\2\E:89E\3F586EnFE>042>A2:8?l4E0AC@5U2>AjFE>04@?E6?El`afdhe`U2>AjFE>0>65:F>lCDDU2>AjFE>0D@FC46lDJ?5:42E:@?U2>AjFE>0E6C>l=66Q C6=lQ?@7@==@H ?@@A6?6CQ E2C86ElQ0D6=7Qm4FE 324<k^2m @? DF3D4C:AE:@? D6CG:46D[ 62E:?8 @FE 2?5 @E96C 6IEC2D]k^Am kAmx7 >@?6J :D DE:== E:89E 27E6C E9@D6 4FE324<D[ 4@?D:56C ?68@E:2E:?8 J@FC 3:==D H:E9 D6CG:46 AC@G:56CD 2?5 =6?56CD] p A9@?6 42== E@ a`` W@C 2 G:D:E E@ k2 9C67lQ9EEAi^^a``]@C8Qma``]@C8k^2mX >2J 4@??64E J@F H:E9 D@4:2= D6CG:46 AC@8C2>D E92E 42? 96=A J@F DE2J 27=@2E]k^Amk9amu:=6 7@C F?6>A=@J>6?Ek^9amkAm&?6>A=@J>6?E :?DFC2?46 @776CD H66<=J 36?67:ED E@ H@C<6CD H9@ 2C6 =2:5 @77] x7 J@F 2C6 =2:5 @77[ 7:=6 F?6>A=@J>6?E :?DFC2?46 2D D@@? 2D A@DD:3=6 D:?46 :E 42? E2<6 H66<D E@ C646:G6 J@FC 7:CDE 4964<]k^Am kAm%@ BF2=:7J[ J@F >FDE >66E H@C< 2?5 H286 C6BF:C6>6?ED[ H9:49 :D E:>6 H@C<65 2?5 E96 2>@F?E J@F 62C?65] xE’D A@DD:3=6 E@ C646:G6 F?6>A=@J>6?E 36?67:ED :7 J@F 2=D@ C646:G6 D6G6C2?46[ 3FE E96 CF=6D H:== G2CJ 3J DE2E6]k^Am kAm%@ 2446DD F?6>A=@J>6?E 36?67:ED[ J@F D9@F=5 7:=6 2 4=2:> H:E9 E96 DE2E6 H96C6 J@F H@C<65[ 244@C5:?8 E@ E96 &]$] s6A2CE>6?E @7 {23@C] %96 DE2E6 F?6>A=@J>6?E :?DFC2?46 286?4J H96C6 J@F =:G6 42? AC@G:56 :?7@C>2E:@? @? 7:=:?8 J@FC 4=2:> :? 2?@E96C DE2E6] u:?5 J@FC DE2E6’D F?6>A=@J>6?E 36?67:ED 2E E96 r2C66C~?6$E@A H63D:E6[ H9:49 :D DA@?D@C65 3J E96 s6A2CE>6?E @7 {23@C]k^Am k9amtIE6?5 @C 7:?5 ?6H :?DFC2?46k^9amkAmu:?5 @FE H96? J@FC 962=E9 :?DFC2?46 H:== 6?5] x? D@>6 42D6D[ 2? 6>A=@J6C H:== @776C E@ 4@G6C 962=E9 42C6 6IA6?D6D] u@C 6I2>A=6[ H96? k2 9C67lQ9EEADi^^HHH]?6C5H2==6E]4@>^2CE:4=6^7:?2?46^E649\=2J@77DnFE>042>A2:8?l4E0AC@5U2>AjFE>04@?E6?El`afdhe`U2>AjFE>0>65:F>lCDDU2>AjFE>0D@FC46lDJ?5:42E:@?U2>AjFE>0E6C>l=66Q C6=lQ?@7@==@H ?@@A6?6CQ E2C86ElQ0D6=7Qm|6E2k^2m WH9:49 @H?D u2463@@< 2?5 x?DE28C2>X =2:5 @77 >@C6 E92? ``[___ 6>A=@J66D @? }@G] h[ :E AC@>:D65 E@ 4@G6C E6C>:?2E65 6>A=@J66D’ 962=E9 42C6 4@DED 7@C D:I >@?E9D]k^Am kAm&?56C 2 7656C2= =2H 42==65 r~q#p[ H@C<6CD 42? 6IE6?5 E96:C 962=E9 :?DFC2?46 4@G6C286 7@C 2 46CE2:? A6C:@5 @7 E:>6 :7 E96:C 6>A=@J>6?E :D E6C>:?2E65] u@C 4@G6C65 6>A=@J66D[ E92E E:>6 A6C:@5 :D `g >@?E9D]k^AmkAmx? @C56C E@ 86E :?DFC2?46 F?56C r~q#p[ J@FUCDBF@j== 92G6 E@ A2J E96 AC6>:F>[ H9:49 42? 36 6IA6?D:G6] x?DFC2?46 @? E96 k2 9C67lQ9EEAi^^w62=E9r2C6]8@GQmw62=E9r2C6]8@Gk^2m >2C<6EA=246 42? 36 4962A6C E92? r~q#p[ 6DA64:2==J :7 J@F BF2=:7J 7@C |65:42:5]k^AmkAmq6J@?5 962=E9 :?DFC2?46[ :7 J@F 925 =:76 :?DFC2?46 E:65 E@ J@FC ;@3[ :E’D F?=:<6=J E@ 7@==@H J@F H96? J@F’C6 =2:5 @77] %92E 4@F=5 =62G6 J@FC =@G65 @?6D 92?8:?8]k^Am kAm“x7 J@F’C6 ab 2?5 962=E9J[ J@F 5@?’E ?646DD2C:=J ?665 =:76 :?DFC2?46[ 3FE :7 J@F 92G6 2 49:=5 @C J@F E2<6 42C6 @7 2 A2CE?6C @C 72>:=J >6>36CD[ ?@H :D E96 E:>6 E@ D9@A 7@C =:76 :?DFC2?46[” r2A2=25 D2JD]k^Am k9am|2?286 J@FC c_`W<Xk^9amkAmx7 J@F 925 2 c_`W<X 2E J@FC 6>A=@J6C 2?5 J@F H6C6 =2:5 @77[ J@F 92G6 7@FC A@DD:3=6 24E:@?D E@ E2<6ik^AmkF=mk=:m#@== J@FC @=5 c_`W<X :?E@ 2? :?5:G:5F2= C6E:C6>6?E 244@F?E[ @C x#p] *@F’== @H6 E2I6D @? E96 C@==65 @G6C 2>@F?E :7 :EVD 2 #@E9 x#p[ 3FE E2I6D 2C6 5676CC65 :7 :E’D 2 EC25:E:@?2= x#p]k^=:mk=:m(96? J@F 86E 2 ?6H ;@3[ C@== J@FC @=5 c_`W<X :?E@ 2 ?6H A=2?] r@?E24E E96 A=2? 25>:?:DEC2E@C 2E J@FC @=5 ;@3 2?5 2D< 7@C 2 5:C64E C@==@G6C]k^=:mk=:m{6E J@FC c_`W<X 36] *@F >:89E A2J 9:896C 766D 2D 2 7@C>6C 6>A=@J66[ 2?5 J@F 42?’E >2<6 255:E:@?2= 4@?EC:3FE:@?D]k^=:mk=:mr2D9 @FE J@FC c_`W<X] *@FC 7@C>6C 6>A=@J6C 4@F=5 8:G6 J@F 2 4964<[ 3FE E96J’== H:E99@=5 a_T :? E2I6D 7@C E96 5:DEC:3FE:@?] xE 4@F=5 2=D@ 36 566>65 2? 62C=J 5:DEC:3FE:@?[ H9:49 42CC:6D 2 `_T A6?2=EJ 2?5 A@E6?E:2= E2I6D]k^=:mk^F=m k9amtI6C4:D6 J@FC DE@4< @AE:@?Dk^9amkAmx7 J@F 92G6 G6DE65 2?5 F?6I6C4:D65 6>A=@J66 D92C6D :? J@FC 7@C>6C 6>A=@J6C[ J@F 92G6 E@ >2<6 2 564:D:@? D@@? E@ k2 9C67lQ9EEADi^^HHH]?6C5H2==6E]4@>^2CE:4=6^:?G6DE:?8^6I6C4:D6\DE@4<\@AE:@?DnFE>042>A2:8?l4E0AC@5U2>AjFE>04@?E6?El`afdhe`U2>AjFE>0>65:F>lCDDU2>AjFE>0D@FC46lDJ?5:42E:@?U2>AjFE>0E6C>l=66Q C6=lQ?@7@==@H ?@@A6?6CQ E2C86ElQ0D6=7Qm6I6C4:D6k^2m] %96C6 H:== 36 2 AC656E6C>:?65 H:?5@H — FDF2==J b_ E@ h_ 52JD[ r2A2=25 D2JD — E@ 6I6C4:D6 E96>j @E96CH:D6 E96J’== 36 C6EFC?65 E@ E96 4@>A2?J] p?J F?G6DE65 D92C6D 2C6 ?@ =@?86C A2CE @7 J@FC A@CE7@=:@]k^Am kAmw@H6G6C[ :E’D 2=D@ A@DD:3=6 2? 6>A=@J6C 4@F=5 FD6 H92E :D <?@H? 2D 2 4=2H324< AC@G:D:@? E@ 3FJ 324< J@FC G6DE65 D92C6D 27E6C 2 EC:886C:?8 6G6?E[ DF49 2D 2 =2J@77]k^Am k9am%2<6 2 362E 367@C6 J@F DE2CE ;@3 9F?E:?8 — E96? 5:G6 :?k^9amkAm*@FC 7:CDE :>AF=D6 H96? J@F’C6 =2:5 @77 >2J 36 E@ DE2CE ;@3 9F?E:?8 :>>65:2E6=J] z2J D2JD E92E’D ?@E 2? :562= H2J E@ DE2CE J@FC D62C49]k^AmkAm“*@F’C6 8@:?8 E@ H2?E E@ C624E 3J 42==:?8 FA 6G6CJ3@5J J@F <?@H 2?5 D2J:?8 ‘5@ J@F <?@H @7 2?J ;@3Dn’ (C@?8 >@G6[” z2J D2JD] “*@F’C6 8@:?8 E@ H2?E E@ D6?5 @FE J@FC C6DF>6 C:89E 2H2J — H@CDE >@G6] s@?VE 5@ 2?JE9:?8 6I46AE E2<6 2 566A 3C62E9 7:CDE]”k^Am kAmp7E6C E92E 6I92=2E:@?[ 2DD6DD J@FC @H? 6IA6C:6?46 2?5 D<:==D D@ J@F’== 92G6 D@>6E9:?8 E@ E2=< 23@FE H:E9 A6@A=6 :? J@FC ?6EH@C<]k^Am kAm“*@F ?665 E@ <?@H H9J J@F >2EE6C] *@F 92G6 E@ D2J ‘96C6’D H92E xVG6 5@?6 7@C >J 4@>A2?J[ 2?5 96C6’D H92E x’== 5@ 7@C J@F[’” z2J D2JD] p?5 :E 96=AD :7 J@F 42? AC6D6?E H9J J@F >2EE6C :? 2 D:>A=6[ ?@?;2C8@?J H2J]k^AmkAm“*@F 92G6 E@ 36 23=6 E@ 6IA=2:? :E E@ J@FC >@E96C[” z2J D2JD]k^AmkAm~?46 J@F F?56CDE2?5 H92E J@F 42? @776C 2?5 9@H 36DE E@ AC6D6?E J@FCD6=7[ z2J C64@>>6?5D FD:?8 E92E :?7@C>2E:@? E@ FA52E6 J@FC C6DF>6[ 4C27E J@FC {:?<65x? AC@7:=6 2?5 DF3>:E ;@3 2AA=:42E:@?D]k^Am kAmYYYk^Am Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | Stitcher | RSS Feed | Omny Studio More From NerdWalletExpert: Tech Layoffs Really Are Rising, and Here’s WhyHoliday Survival Strategies From 5 Financial EducatorsHow to Take a Career BreakAnna Helhoski writes for NerdWallet. Email: anna@nerdwallet.com. Twitter: @AnnaHelhoski.The article You Got Laid Off: What to Do With Your Money originally appeared on NerdWallet. 0 Comments The business news you need Get the latest local business news delivered FREE to your inbox weekly. Sign up! * I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy. Related to this story How to talk to your partner about money Talking about money with your partner can be awkward. Veuer’s Elizabeth Keatinge gives us some tips on how to have that conversation. Watch Now: Related Video Food Lion CEO Greg FINCHUM Food Lion distribution center Berger, Alston, KENNETT Food Lion distribution center Berger, Alston, KENNETT Food Lion Burlington distribution center Sanja KRAJNOVIC Food Lion Burlington distribution center Sanja KRAJNOVIC Food Lion event - Ahold Delhaize CEO JJ FLEEMAN Food Lion event - Ahold Delhaize CEO JJ FLEEMAN
How to talk to your partner about money Talking about money with your partner can be awkward. Veuer’s Elizabeth Keatinge gives us some tips on how to have that conversation.
