What To Do When You Lose Your Job

Being laid off or having your hours cut back can suck, especially if it happens unexpectedly, but it’s not the end of the world. Depending on how well prepared you are, there are several ways you can go about getting back into the workplace ASAP. Ideally, you’ll want an emergency fund with three months worth of salary saved for when this happens. This makes everything a lot easier. For three months, you can go about your life normally while looking for work and in most cases you’ll find something new before the three months are through. Sending your CV in to professional recruitment services can help speed up the process.

If you don’t have money put away, don’t fret. More and more adults are moving in with their parents and other family members because it’s becoming difficult to afford living on your own. You could do this or borrow some money from your family. There’s no shame in doing this since everybody goes through a slump at some point and if you pay them back as soon as you can, there will be no disadvantage to them either.

It is better to have some money put away for times like this though. While you’re waiting to hear back from people, you can make some extra cash by getting a part time job or looking for some easy work you can do online to earn a few extra dollars. This obviously won’t be making up for your full salary, but it will help you get through the tough times a little bit easier. If you feel like you’ve been unfairly dismissed, you can also take this up with a court to get a proper severance packet to help you stay afloat.