3 months is overrated as most of them are credit card slaves, house loan slaves and car loan slaves. They cant even survive 2 weeks.
I have friends who are in deep financial trouble after being retrenched. the compensation dry up fast and the future looks dark. Most of them can't even survive 1 week after the compensation is used up.
1 friend ever quote me, "even if I don't eat, my car still need to eat." and he is single and living in his parents' house. What about those who are married, with kids, with house loans?