How to financially survive a retrenchment | Money Talks podcast

The shock of losing a job without any warning is usually followed by anxiety over the loss of regular income. What are your options if you are retrenched and how do you stretch your savings while waiting for the next job?  Sim Yong Han, senior financial consultant of Trust Advisors Group at SG Alliance, provides some practical tips. 0:00 Intro 0:33 Overview of Budget 2024 announcements 5:16 What to look out for in a retrenchment package 14:40 First step: Speak to your family 17:31 Which expenses to cut 20:15 Managing debt 25:13 Taking on part-time work