Tips to survive getting laid off

As the economy is continuing to spiral downward it is more important then ever to keep on top of your job and continue to put your best foot forward. No one wants to get laid off during these uncertain times, but here are a few tips for getting by.

1) Have three months of cash saved in a money market account
2) Accumulate as much vacation as you can at your current employer
3) Have your resume ready and polished at all times
4) Network - continue to keep in contact with old co-workers or friends. Who knows maybe your next job will come from keeping in contact with them?
5) Start another job at home while you already have a job. As one of the themes of having multiple streams of income if you have other ways of making money then when you get laid off this additional income will help you preserve cash between jobs. Some examples would be selling stuff on ebay or craigslist, cleaning service, computer repair, artistic contractor, flip houses, or selling baked goods. Either way any income will be a blessing.
6) Cut expenses! Even prior to getting laid off you should do everything you can to reduce the amount of money that goes out from your family's checkbook each week. This way if you are laid off then your cash will last longer if you residual expenses are reduced.

I'd love to hear from my other readers out there on other things they have done to survive a lay off. Good luck and remember to keep working for the glory of God at your current workplace!