How We Changed Our Finances Forever (Part 2)
I've been fired and laid-off. No matter how you cut it, losing your job is scary. Even if it's an awful job that you're relieved to never have to deal with again, losing all or half of your income sources is usually scary. What are you going to do? How long will it take to find work again? How will you pay your bills in the mean time? I'd like to talk about how you can budget in a way that will not only boost your savings potential but it will make you less dependent on your job so should that ax drop or that pink slip come, you won't need to worry nearly as much, if at all. For the scenario of this article, I'll be talking about what my wife and I did to our finances to protect ourselves from the event of losing a job.