Being made redundant is an emotional time, but here are some tips to get through it.
I think I am in a pretty unique position to write about redundancy.
You see, I have been made redundant twice during my career and my hubby was made redundant at the start of 2014.
So a score of 3 for our family so far.
The first time I was made redundant was in 2004, when the British hedge fund I was working for packed up its Australian office and moved back to the UK.
One minute we all had jobs. The next minute none of us did.
The model we were trading off hadn’t been performing, so we kind of saw it coming. Even then it was a shock.
The second time, I was made redundant was in 2012. It was my 39th birthday and I was 11 months in from my return from maternity leave when I was taken into the little room and told my services were no longer required. I was told it was cost cutting. Enough said.
Redundancy is a stressful time and can be a time of really powerful, often very mixed, emotions. Most of the time it is a shock. It changes everything and throws you onto a completely different path that you did not see coming. Given we have been through it a few times in our household, here are some of my tips on how to not only survive redundancy money-wise, but come out of it better and happier than ever….
Let’s start on the money front.