Often it is not about financial preparedness. It is about uncertainty. When will I get my next job? 6 months? Which means I will burn through my savings. If you are on a visa then things become exponentially complicated - you don't get unemployment insurance, benefits. What about healthcare ? COBRA is prohibitively expensive. How about the fact that the company announced to the entire world that you are a low performer? This is not even taking into account the emotional impact of getting fired cold.

All of the concerns you mentioned can be related to financial preparedness. Given a skill set and job market how long do cash to cover rent, health insurance, etc. The emotional uncertainty can be huge of course with job loss, but removing financial stress from that possibility should be a goal for most.

If you are an employee in the States, that is.

There’s a mandatory three-month notice period in Sweden, so that the person who is fired (or sho leaves) has the time to find a new job

That three month notice period when leaving is a hassle for employees, being a lame duck is no fun.

Better than being a broke duck.

Well, this is the case where you get a new job, so that doesn't apply.

The three-month notice period is mandatory, because:

- if the employee leaves, it benefits the business:

-- the employee has the time to hand over their work

-- the employer has time to look for and find a replacement, or prepare for work without the employee

- if the employee is fired, it benefits the employee:

-- they have the time to look for a new job

-- they continue working, receiving salary, and don't have to worry about bills, rent etc.

In both cases the employer and the employee can agree on the actual time when the employee quits: it could be the next day, or next week, or after three months, at the end of the notice period.

If you save some of your paycheck no need to be broke

Good luck being able to actually save some of your paycheck. I, for example, cannot because the rents here are shockingly high.

Then move!

My job doesn't offer full-time remote work, and as soon as you move to the outsides of Munich you pay the rent difference in transportation cost. No way.

Why do you feel the need to work in Munich?

There are thousands of places to work all over the world.

By all means work in Munich if you want to. But to choose to live and work in a city and then complain about rent is absurd.

Right. Being fired on the spot is much more fun.