What to Do When You Lose Your Job - Over the past 12 months, more than 4 million Americans have lost their jobs, according to the Bureau of Labor. That’s a lot of unemployed people searching for employment or an income. Here are some things to do when you lose your job.
Plan Your Finances - Figure out how long you can survive without an income, and start making plans for reducing expenses and bringing in alternative sources of income.
Cut Luxuries - Avoid the shopping centers, expensive restaurants, and avoid thoughts of vacations.
Claim Benefits - Soon after losing your job, file a claim with your nearest unemployment insurance agency. You will be asked to provide dates and addresses of your former employers. Benefits usually take three weeks to start and typically last a maximum of 26 weeks.
Don’t Get Comfortable - Don’t make the daytime soap operas on TV your new best friends, they won’t help you pay your bills.
Update your Resume - Make sure your resume is current. Your local career center can help you for free. Try submitting your resume online using a free or paid service.
Improve Your Skills - Try taking a course at a local community college or community center to sharpen your skills, or find free online courses.
Network - Networking has never been easier thanks to sites like Facebook, Twitter, and LinkedIn. Make connections with friends, family members and former colleagues. Check for free networking seminars through your local chamber of commerce.
Stay Positive - Try to look at losing your job as an opportunity to try something new and exciting.
If you have come upon hard times financially and lose your bank account debit card or credit card, a prepaid debit card is a temporary option until you get back on your feet financially.
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