I was laid off a week before the due date of my second child.
I am Canadian. Birthing a child in a hospital doesn't cost anything.
We ate into most of our savings due to newborn costs (diapers, formula, etc). On the plus side we received plenty of free mildly used clothes from my neices.
From there I focussed my time into my side business and made it my full time job. I was so put off by dedicating years of my life to a business then when I needed the employment most, they let me go.
Looking back it was probably the best thing to ever happen to us because now, 5 years later, my kids are both in school, my wife is working part time while I manage the business full time from home. Lots of leisure time available for the family. It's nice.