Question

What are Hilary Erickson's top tips for surviving unemployment financially?

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Hilary Ericksonsurviving unemploymentfinancial tips

Answer

From Hilary Erickson

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Hi, I’m Hilary Erickson from The Pregnancy Nurse.

Here are my top tips for surviving unemployment financially, based on our own experience:

  1. Find other income sources – Look at skills or hobbies you already have and ask, “How could this make money?” (My blog income was our miracle, but I also actively pushed and networked to grow it.)
  2. Eat your food storage and pantry down to lower grocery costs.
  3. Stick to a written, realistic budget; adjust if income changes, but don’t live in constant fear of “next month.”
  4. Spend a little money to stay connected as a couple (cheap dates or outings) so you can plan and support each other.
  5. Try not to let your kids carry the financial stress; keep key routines and a few “normal” things.
  6. Carefully review health insurance options; individual plans were far cheaper for us than COBRA.
  7. Build savings when you’re employed so you have a cushion if layoffs ever come.

Is there a particular area you’re most worried about—income, budgeting, or your kids?

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