Friday, February 5, 2010

How to Bounce Back After Losing a Job

No matter how much you hate your job, losing that job or getting fired from that job can be devastating. Given the circumstances, its okay for you to mope and wallow in your emotions for a while. But just like all things, there should be a time limit for that. You have to get back to your feet and eventually face the reality of your current financial state.

You can start by filing for unemployment as soon as you can. Then you can move on to computing how much money you have left and how much money you need to pay for certain expenses. Unlike most jobs, things like the rent, bills, and other expenses are not temporary. Employed or unemployed, you have to deal with them immediately before they start to become serious problems.

Although most people might find it sad, unemployment might only lead you to pursue the things you really want. It’s essential that you go on and look for another job or another career that actually allows you to do what you want. Pursuing a career path that compliments your inner passion motivates you to work better, thus minimizing your chances of getting fired again.

However, before you can do that, you must first take the time to think about what you really want. Once you figure that out, the only thing left for you to do is pursue it. One thing most of us fail to consider is that while you think you need a job to cover up your expenses, that job you were so passionate about might just need you as much too.

You must also reconsider your priorities once a new company hires you. You might want consider fattening up your savings account this time. A savings account will serve as your safety blanket not only after you lose a job but also during financial crisis and recessions.