Help! I'm Redundant! | Financial Advice: What to do with your money after redundancy

Redundancy doesn’t just hit emotionally—it hits financially too. So what should you actually do with your money next? I speak to Mark Gilbert, a specialist financial advisor for Wesleyan Financial Services, about how to survive redundancy financially. We discuss what bills you should pay first, what you might be entitled to, how to prioritise your outgoings, what to say to your mortgage lender and options you may not have considered to provide support. You can find Wesleyan here: www.wesleyan.co.uk You may also like to investigate: https://www.stepchange.org/ - for debt advice https://www.moneyhelper.org.uk/en - for government support https://www.citizensadvice.org.uk/ This video is the second part of the “Help! I’m Redundant!” series — a 4-part guide to navigating job loss, finances, job searching, and career change. Part 1 covered employment law and your rights when being made redundant. You can watch that video here: https://youtu.be/SjjH-HXstvA #financialadvice #redundancy #moneytips #jobloss #savingmoney #outofwork