Your Money Matters: Layoff advice

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Michael Ruggiero
Ameriprise
www.AmeripriseAdvisors.com/

Tips:

Signs of an Impending Layoff:
Look at your employer from the outside
Pay attention to what you hear and observe from within the company

Make Yourself Relevant:
Continue your education
Make yourself visible
Work in departments that perform well
Offer to take a pay cut
Keep your chin up
Find a safe haven
Create Buzz
Behave yourself
Help others through change
Network within your company

If You Get Laid Off:
Make yourself more marketable
Increase your skills
Go for training/education

Finances:
Make a 6 month budget
Check into unemployment benefits
Get a part-time job
Borrow on a life insurance policy that has cash value-tax free