What happens to a family when one income suddenly disappears?

For us, this isn't just a what-if. I've been laid off three times, and right now, we're actually living on one employment income here in Canada.

It's not luxurious, and it's not stress-free. But we're managing it month by month.

In this episode, I'm sharing 10 things our family does to get through living on one income — from knowing where our money goes and cutting back on non-essentials, to cooking more, building other income streams, keeping an emergency fund, managing debt, and still finding ways to enjoy life without spending a lot.

Some of these are things we started doing years before the layoff happened. They're simply habits and choices that have helped us get through this period.

Chapters

00:00 Intro
01:33 One Salary Makes a Big Difference
02:35 Don't Forget About Employment Insurance (EI)
04:03 Know Where Your Money Goes
05:53 Free Budget Tracker
06:10 Live Within Your Means
08:44 Cut Back on Non-Essentials
10:12 Cook More, Spend Less
12:13 Build Other Income Streams
14:34 Have an Emergency Fund
15:33 Avoid Bad Debt
18:51 Don't Stop Having Fun
19:45 Outro

Resources

📊 Free Budget Tracker
https://unboundlifeblueprint.substack...

🇨🇦 Employment Insurance (EI) Regular Benefits
https://www.canada.ca/en/services/ben...

Watch Our Previous Episode

I Was Laid Off 3 Times in Canada | Here's What It Taught Me About Money, Work, & Life I Was Laid Off 3 Times in Canada | Here's ...

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https://unboundlifeblueprint.substack...

Read the article behind this episode:
https://unboundlifeblueprint.substack...

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We're documenting our journey toward more freedom, time, and options through personal finance, financial independence, early retirement, intentional living, geoarbitrage, and slow travel.

We're not financial, tax, or legal advisors. We're simply sharing what we're learning and what we're doing along the way.

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