Hi Mange,well my OH did loose his job approx 2 yrs ago, well made redundant, whichever way you want to put it. Because he was a Director of the Company, he did get a 'handshake' as they say and they also had to pay him his pension so we were not destitute by any means. We had gathered, two years before that things were not going so well for him, and so we had a contingency plan, part of that was downsizing, and we sold our old family home and moved to a newer detached house on a smaller plot. But it meant we were able to clear our mortgage, so that when the crunch came, it wasn't quite so bad. But we did look at our finances and get rid of any unwanted direct debits that we could do without, and we started looking at our food bills, and sourcing cheaper places to buy food like farm shops. All in all not a lot has changed, because he started to work again after a year off, back with the same company on a consultancy basis, but only 3 days a week at the mo.
I know we are very lucky and that some are not as fortunate as us to have a pension, and savings too.