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reset so one of the negative consequences of the interest rate hikes and that were seeing is that companies are actively taking measures to tighten their budgets cut costs and that has led to some layoffs yeah right so I know that a lot of folks have been affected by this uh you know these companies attempts to to lower expenses and one of the the things that a fortunate few are able to take advantage of is Severance packages right but what a lot of people dont take into account is that they dont really own all of that lump sum yeah so when theyre giving that dollar amount they say okay this is going to be your severance package it may feel like a lot of money but there may be impacts to it that youre not planning for so thats what were going to cover today is some things to plan for and to understand about that severance package but before we do that we do want to acknowledge if youre watching this on YouTube youll notice that our backdrop has changed yeah so welcome to new h