Laid Off? 4 Strategies To Help You Get Back On Your Feet

Saturday, July 29, 2017, 6:00 AM | Leave Comment

If you have been laid off from your job, you may wonder how you are going to provide financially for yourself and your family.

The good news is that there are many options available to you to make money even if you choose not to work for another traditional employer.

Let’s take a closer look at some ways that you can stabilize your financial situation after being let go at work.

Laid Off? 4 Strategies To Help You Get Back On Your Feet

  1. Apply For Government Benefits

    After being laid off, you should be eligible for unemployment benefits for the next several months.

    While it will be less than what you made while working, it may be enough to pay your bills or otherwise put food on the table for you and anyone else who relies on your income to support them.

    In addition to unemployment benefits, you may be able to get insurance either through COBRA or through the Affordable Care Act.

  2. Make Money Working From Home

    The internet is a great resource for those who are looking for ways to make money while unemployed.

    One option may be to start your own company or you could start your own business through another company like ACN, which some may believe to be an ACN Pyramid Scheme, when it is really a business opportunity.

    You can sell anything from utilities to clothes or food products. In addition to making money, you have the freedom to look for work in your field because you get to set your own hours.

    Once you have several people working under you, there may be little or no need to actively solicit customers on your own.

    Therefore, you can think of your home business as a way to develop passive income for the rest of your life. You never know, this may turn into a full career you enjoy and therefore end your job hunt.

  3. Look For Part-Time Work

    Even if you don’t find work in your field, a part-time job can help you get out of the house, make money and potentially learn new skills.

    It is also possible that you meet one or more people who can help you find work in your field or full-time work with benefits at another company.

    Part-time jobs can be as casual or as formal as you want them to be, and they may provide you with the mental break that you may need.

    After spending years in the corporate world, spending a few weeks or months working on a golf course or at a bowling alley may help you get your focus back.

    Ultimately, it may make you a stronger worker or a more interesting person to employers when you are ready to get back into your chosen field.

  4. Use Personal And Professional Support Networks

    Being laid off from work can be a big blow to your confidence. To get your swagger back, it may be a good idea to lean on your friends and family for support.

    You may also want to reach out to professionals who you respect to ask for advice getting over the hurt of being rejected.

    Getting past the layoff is important because you won’t find more work by dwelling on the past.

    Working through your emotions decreases the odds that you will say something bad about prior employers either on social media or during an interview.

    It also ensures that you won’t let the past get in the way of being a productive employee with your next company.

While getting laid off is rarely a good experience, there are ways to minimize the damage to your social and professional lives.

Reaching out to others for help, starting your own business or finding part-time work can all be ways to get past what may only be a small bump in a successful career.

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