<prompt> Human: Hi. I am a 20 year old college student that still lives with my parents. To make a long story short, both of my parents could loose their jobs very soon. We have always been quite well off, not rich, but weve never struggled. We have two cars, smartphones, laptops, games consoles etc. Now all of a sudden we stand to loose everything, Weve been talking about possibly needing to move to a cheaper home. This morning my dad was talking about not being able to afford internet. This is a very big shock that has happened suddenly. We worked out that if all the income stops we have enough for about 5 weeks living as we are now. Ive looked for jobs but no luck so far. Has anyone experienced anything similar or have any advice on how to cope? Im really panicking now.  <response>: If your folks are going to be laid off, then they could receive a severance and be eligible for unemployment while everyone gets back on their feet.We had just bought our home and our son was due in 3 days when my husband came home early from work and had been laid off. The severance they offered him along with unemployment helped us get through the next two months until he got another job which was even better than the one he got let go from so it all worked out in the end.Ifwhen they become unemployed, go to and look up available assistance from your state. They could qualify for Medicaid, SNAP food stamps or other help to ease the financial burdens while they look for other employment. Also, look up your states unemployment website and have them file as soon as they become unemployed.Its good that theyre taking a look at expenses to cut now. That will help. If youre able to find a job and contribute that will also help. Sometimes it takes a while. 