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I'm Deborah, survivor of everything from multiple cancer battles to major business setbacks. Join my search for ways to move the mountains, big & small, that block your path to success.

Posts Tagged ‘layoffs’

6 fun money-saving tips

Dog Wearing Sunglasses, Florida

Several years ago I worked for a company that was downsizing and my job was unexpectedly eliminated. It wasn’t a big deal because the economy was good, work was plentiful, my financial responsibilities were few, and that job was just something to do until I found what I really wanted. So the first thing I did after being laid off was head for the mall to do some shopping and celebrate being temporarily freed from my alarm clock. But at least I bought something “useful”: a cool pair of sunglasses.

These days I have a different perspective. I have many more financial responsibilities—and that means a lot more worries. As a freelancer, I’m vulnerable to the whims of a struggling economy. I’m trying to avoid spending money on anything nonessential. And that’s making me a little grumpy. So I’ve been searching for ways to have fun while still saving money during the recession. Here are a few of the suggestions I’ve heard:

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Find your passion after a layoff

Passion

If employers said what they really think, a few would admit they see some upside to the economic downturn. Bad times give companies an opportunity to clean house, to lay off—no questions asked—not only workers who aren’t pulling their weight, but also those who have seniority or fall into protected classes. “I understand you’re nearing retirement and about to start drawing your pension, but—so sorry—we’ve eliminated your position. Recession, you know. Ta-ta!”

But whether you’re a random victim of a declining economy or the target of diabolical executives, all you can do is wave good-bye as security escorts you to the door … then try to figure out how to make the best of your sudden unemployment. Fortunately, one good thing may come from losing your job: Now you have the chance to rethink what you want to do with the rest of your life.

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