Fired, canned, pink-slipped, down-sized…
No matter the circumstances that lead to it, losing a job can be a profound emotional as well as financial blow. Here are four consequences of job loss and how to fix them.
1 – Shaken confidence
FIX: First, try to evaluate the situation rationally. Was this job loss the result of your behavior and abilities, or, an economic shifting outside your control (as in downsizing)? Now is the time to be brutally honest with yourself and take responsibility.
If the job loss resulted from your skills – work to strengthen them. This includes your confidence in these skills. One trick is to step out of your comfort zone and learn something new in another area. When you return to what you know well you’ll be reminded how much you know.
2 – Resentment
FIX: Talk it out. Sharing your frustration and anger with close friends or family allows you to blow off steam. Remember to take care of your physical health by working out — this lessens anger. If you really have a lot to get off your chest, write it down in a letter. Don’t mail the letter! Get it out so you can move forward. Do not be tempted to retaliate. You will regret hot-headed decisions.
3 – Listlessness
FIX: A general feeling of purposelessness may occur. Again, now is the best time to start or increase your physical health regime. You’ll feel better and it will do wonders for the mind.
4 – Financial concerns
FIX: Obviously, this can be a big one. Even if you’re fortunate to get unemployment you know these resources are temporary. Take an honest look at your budget. Reduce your expenses and create a financial strategy as you hunt for a new job.
The Geezeo budget tools are a good starting place. Use them to gain an overview of your financial situation and make the best fiscal decisions. Connect with others on the site, too.
Finally, do not give up hope! Losing a job can feel overwhelming. However, with diligent, every-day efforts you will come out stronger. Good luck!
June 13th, 2008 at 2:28 pm
I think that not given up hope is just so important to each of us. We are not the first, and will not be the last, demographic group that faces tough economic times. Life goes on.