When some people become unemployed, they still have a large debt to pay. I remember the first time I was laid off, I had a large debt to pay (due to a ex husband who liked to overspend on boats, cars, and more). That taught me the next time I was laid off 20 years, so I wasn't so shellshocked. What plan did you have for debt once you were laid off? Found a article and want thoughts on that, do you agree with it?
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Bowl Leader
I think it is common to have this, and it also it depends on how you spend. I know some people are penny pinchers, so if they become unemployed they have a savings. It does depend on the situation, since with my last layoff, I had lived and learned.
Rising Star
I'm not yet in debt and honestly I have no plan whatsoever.