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Steps to Take if You Lose Your Job

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Losing your job can be a demoralizing and scary experience.  Luckily, US News has some tips to help you survive a period of unemployment and get a new position as quickly as possible.

After you lose your job, take some time to focus on why.  Were you let go because you weren't working hard enough or being a team player?  Or did your company lay you off to save money?  If you were let go because of how you did at your job, think about what you could have done to be a better team player and use that to help you do well at your next job.  If it was a layoff, concentrate on companies that are doing well financially.

Next you'll want to file for unemployment to help you make ends meet until you get another position.  You should also see whether you qualify for getting COBRA to continue your health insurance that you had from your employer, or find your own individual plan.

Now look at your budget and cut out all unnecessary spending, then redo your budget to adjust to your current circumstances, factoring in what savings you have and what your unemployment is.  Then you'll need to look at other ways to save even more money.  Call your cell phone and other providers to see if you can get a discounted rate.  If you're renting an apartment, try to get a roommate or look for a cheaper apartment.  An apartment finder can help you with problems renting an apartment like not having a job.

Update your resume with your latest job, look back at your other jobs and make sure you've highlighted the experience you earned at each position, and proofread.  Then make sure your social media profile is potential employer safe, or just set  it to private.

Finally, evaluate the direction of your career and make a change if you want to.  Make looking for a position your full time job and network with others in your field so you can be sure to hear about any openings first.  Get a part-time position if necessary and learn new skills that can help you get ahead.   Use the time you have between jobs wisely and you'll be back at work in no time!

Want to find a new apartment to help reduce your expenses in a time of under-employment?  Give Austin Apartment Specialists a call today at 512-241-1111.

Posted in Austin, Budgeting, Rent Smart

Author Lisa Garza Waltke
Austin Apartment Specialists

 
 

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