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Redundancy & Job Loss Money Plan

A money plan for the months after redundancy: checking what you are owed, a runway in months, an essentials-only budget, unemployment claims, lender payment holidays and a clear route back to steady pay.

Free · Mac (Apple silicon) and Windows · v1.0.0 · Other platforms

Then open the Marketplace in the app, search for Redundancy & Job Loss Money Plan, and click Install. It goes into your own files, and works offline from then on.

Before you start: this plan is general information to help you organise your own money decisions. It is not financial, investment, tax or legal advice. Check decisions that matter with a qualified, licensed adviser in your country, and remember that investing and trading can lose money.

What it installs.

1

Pillar

1

Area

50

Projects

206

Starter tasks

💷 Personal Finance

Redundancy & Job Loss Money Plan

Stretching redundancy pay and savings after job loss with an emergency spending plan, benefits and payment holidays.

  1. First 48 hours after redundancy news
  2. Cash runway in months
  3. Essentials-only spending plan for the gap
  4. Checking your redundancy pay figure
  5. Final pay, notice and holiday pay check
  6. Unemployment benefit claim in week one
  7. Payment holiday and reduced payment requests
  8. Work perks that stop on your last day
  9. Telling the household about lost income
  10. Redundancy paperwork folder
  11. Weekly runway check-in
  12. Monthly reset of the gap budget
  13. Claimant commitments record
  14. Job search costs allowance
  15. Lender arrangements tracker
  16. Paying yourself a salary from the lump sum
  17. Declaring temporary and casual earnings
  18. Chasing money the employer still owes
  19. Sunday money huddle during the gap
  20. Notice pay, garden leave and pay in lieu explained
  21. How termination payments are taxed
  22. Benefit rules on savings and redundancy pay
  23. Reading the money clauses in a settlement agreement
  24. Negotiating a better exit package
  25. Workplace pension choices when you leave
  26. Credit file effects of payment holidays
  27. Job gap and your state pension record
  28. Voluntary redundancy offer, stay or go
  29. Choosing where to hold the redundancy payment
  30. Clear debt or keep cash with the lump sum
  31. Funding a retraining course from redundancy money
  32. Temporary work versus holding out
  33. Comparing a new job offer's full package
  34. Deeper cuts when the gap passes three months
  35. Money case for relocating to a new role
  36. Consultation meeting money questions
  37. Last working day money checklist
  38. Reclaiming overpaid tax after leaving mid-year
  39. Three-month mark money review
  40. End of work-record benefit planning
  41. First payday back in work restart plan
  42. Job loss with a mortgage and dependants
  43. Rebalancing shared costs when one partner loses work
  44. Redundancy in your fifties and early sixties
  45. Job loss on a work visa
  46. Tech layoff with equity, bonus and clawbacks
  47. Starting a business with redundancy money
  48. Claims when the employer goes bust
  49. Layoff-ready money file
  50. Time limits for disputing unpaid redundancy money

Where it starts.

Each project arrives with its purpose, milestones and first tasks written out. Here is how the first three read.

First 48 hours after redundancy news

When the letter or the call comes, the urge is either to freeze or to cut everything at once. Spending the first two days on a short list of what money is coming in, what is going out and which deadlines are already running stops panic decisions, such as cancelling insurance or cashing in a pension in the first week.

First tasks

  • Copy every date from the redundancy letter into your calendar
  • List the money the employer still owes you, item by item
  • List every payment leaving your accounts in the next 30 days
  • Pause non-essential spending for the next two weeks
  • Tell one trusted person what has happened and what you plan to do

Cash runway in months

Runway is the number of months your money lasts at your new, lower spending: savings plus redundancy pay plus any benefits, divided by the monthly gap. Knowing it is four months rather than not long changes how you search, which offers you take and when harder cuts have to start.

First tasks

  • Total the balances of every account you can reach within a week
  • Add each expected payment from the employer with its likely date
  • Work out monthly essential costs from three months of statements
  • Divide the total by the monthly gap to get runway in months
  • Put the trigger date for deeper cuts in your calendar

Essentials-only spending plan for the gap

Your normal budget was built around a salary that has stopped. A stripped-back plan covering housing, food, energy, transport for interviews, insurance and minimum debt payments shows the true monthly cost of being out of work, often 30 to 40 percent below normal spending, and stretches every month of runway.

First tasks

  • Export the last three months of transactions from each account
  • Label every spending line essential, reducible or paused
  • Agree the essentials total with whoever shares the budget
  • Write a restart condition next to each paused item
  • Switch to the new plan from the next money date

Make it yours.

Install Redundancy & Job Loss Money Plan, then tell Aurum the date you're aiming for. It checks whether the plan fits the weeks you actually have.

Free · Mac (Apple silicon) and Windows · v1.0.0 · Other platforms

Blueprints are general information to help you organise your own work. They are not medical, financial, legal or other professional advice. See the Terms.