<prompt> Human: Neither one of us has ever been fired, so were unsure what to do. My wife was told that her position is being eliminated and that she will be allowed to work for 1 more month and be paid a month of her salary after that. She will start looking for a new job immediately, of course. But, we are relatively certain she will qualify for unemployment benefits. At what point should she apply for those, considering she will continue to be paid for 1 month even after she stops work?We will adjust our budget as necessary and pull our son from daycare260 per week if she is unable to move into a new job right away. Also well pay off credit cards, which we normally use as cash anyways.Here are some details.My income: 46,500Her income: 34,000Emergency fund: 8,021Some advice would be great.  <response>: Well a lot of this depends on: - How bad is your incomeexpense balance now? Are you living off 50k or an 80k income? - How many months does your emergency fund cover?Realistically unless she is not employable this is not a huge deal. She gets a full month plus the next month of work to find an additional job with nearly zero financial affect on your family. 