If you’re financially prepared, being laid off may not be so daunting. But that’s key: being prepared. How long does it take to do that and what are the steps to take? Howie Lim speaks to Daphne Tan from CMC Markets Singapore and Zac Ng from PhillipCapital.

Synopsis: Every Monday, The Business Times breaks down useful financial tips.

Highlights:

01:13 Drivers of current retrenchment wave

03:55 How much the emergency fund should be

07:26 Don’t doubt yourself

09:31 What should be cut

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Send us your questions, thoughts, story ideas, and feedback to [email protected].

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Written and hosted by: Howie Lim ([email protected])

With Daphne Tan, head of business development CMC Markets Singapore and Zac Ng, senior director of financial services, PhillipCapital

Edited by: Howie Lim & Claressa Monteiro

Produced by: Howie Lim & Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

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