You got laid off: What to do with your money

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^Am

kAm%@ 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

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^Am

kAmw2G:?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^9am

kAm*@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^Am

kAm(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^9am

kAmtIA6CED 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^Am

k9amu:=6 7@C F?6>A=@J>6?Ek^9am

kAm&?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^9am

kAmu:?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^Am

kAmx? @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^Am

kAmq6J@?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^9am

kAmx7 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^Am

kF=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^9am

kAmx7 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^9am

kAm*@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^Am

kAm“*@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^Am

kAm“*@F 92G6 E@ 36 23=6 E@ 6IA=2:? :E E@ J@FC >@E96C[” z2J D2JD]k^Am

kAm~?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