u/Oro_rosado

▲ 9 r/budget

Lay off 😢

My employer advised me on Monday that I have 2 weeks remaining for my position. Basically being laid off with the rest of my team. I'll be getting 6 weeks of pay as the severance package. Not knowing how long it'll be until I find another job gives me so much anxiety, but trying to plan. My initial strategy is just pay mortgage, water, electricity, gas. Ruining my credit score seems inevitable, so I am planning to not pay or just make partial payments on credit cards? And maybe partial payments on my mortgage as well? I also have about 11k in my 401k, but I really don't want to pay extra fees on my tax return. Any advice, please?

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u/Oro_rosado — 2 days ago