PERSONAL FINANCE

Bouncing Back from Losing Your Job

Losing Your Job
Bouncing Back from Losing Your Job

6 Million Per Month Lose Their Job in The US Alone: Bounce Back! #losingjob #jobloss #ruralmoney #rural #money

Losing your job is hard and can have a huge impact on your life, but how you deal with it all determines how well you move forward.

Disclaimer: I am an Amazon Associate; therefore, this post may contain affiliate links for me to earn a commission. RuralMoney.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Shop with me >>>here.

Acceptance is a hard pill to swallow, but it is necessary to begin to use your new time well to find new employment.

Think of New Opportunities

It is very hard to accept a job loss, but it does open up new opportunities to try things you never would have thought possible.

For instance, you can consider self-employment now that you don’t have a job to go to.

This can be an exciting new chapter in your life, and there are many online ways to make money in 2023 that can support you, at least until you find a new position.

Additionally, now might be the time to pursue the dream job you always wanted but couldn’t.

Accept It Has Happened and Seek Support

When you lose your job, it can take a terrible toll on both mental and physical health.

For these reasons, you must find support where you can. Local counselors and family and friends are your best bet.

And above all, understand that there’s nothing to be ashamed of.

According to the Center for Economic and Policy Research, over six million people per month lose their job in the United States alone.

So don’t blame yourself, because sometimes there is nothing you can do. 

Losing Your Job Isn’t the End of the World

It can feel like the world has ended when you suffer a job loss.

The financial implications alone can be dire.

But this should motivate you more to get back on your feet and straight back into employment.

Studies have shown that you are less likely to be employed the longer you leave it.

So while it is a hard time to go through, you won’t do yourself any favors by being inactive.

You must immediately begin looking, applying, and getting those CVs ready to go for each job.

Use Your Spare Time Wisely

Of course, it can take a while to get a new job.

So thinking this is all spare time for fun and games is never the best thing to do.

You can take a few days to let it sink in and rest your mind.

But you must spend a good portion of your day browsing job sites and applying for the roles you think you would enjoy.

Spine experts recommend that you spend 25 hours per week actively looking and applying for a position or around 4 hours per weekday. That’s not too much to ask.

Don’t Dwell on the Why of it All

In most cases, losing a job isn’t your fault. Unless you broke a contract, acted inappropriately, or committed a crime, there is no blame.

You will only waste your time trying to figure out why you lost your job, and this won’t help you keep a clear head while looking for a new one.

In all likelihood, there is no reason; cuts were made, and people had to go.

Try not to take it personally and make the most of any severance package that can support you for some time.

Wrapping Up: Losing Your Job

Losing your job can feel like a nightmare and beat you to your knees if you let it.

But it is also a time for thinking about a new direction if you accept that it has happened and it isn’t your fault.

Image Source