You can't ignore that the economy is struggling and if you know you're in an industry that's being hit hard, it wouldn't be a bad idea to prepare for a layoff. According to this MSNBC article, 63,000 jobs were cut in February. Is yours next? The article offers 10 steps to help prepare for a layoff. FIrst is to establish an emergency fund. Second, live within your means. Third, use credit cards with caution. Fourth, talk about money with your spouse. Fifth, tackle your high-interest debt. The article offers more details for each of these, plus the final five tips.

Have you been laid off or are you preparing to be laid off? How is that affecting your relationship?

Labels: advice, money, news, work