Lost Your Job ? Avoid The Following
Losing a job often is a traumatic experience. It’s normal to feel lost, hurt and overwhelmed as you try to get a handle on what you should do after this major — and often unexpected, change. It’s important to act from a position of strength and knowledge, however, rather than reacting emotionally to the loss.
Here are four things to avoid at all costs after losing your job.
1. Delay Signing Up for Unemployment
State governments take a long time and you need to get this going.
If you already have another job lined up, you may not be eligible, but check online regarding your state’s unemployment rules to see if you can collect.
2. Don’t Take It Personally
Even good people are casualties of downsizing. Companies are constantly changing operations to be more efficient and have to make tough decisions at times to let good people go.”
One of the most damaging things someone can do when they lose their job is harbor negative feelings for an extended period of time
Give yourself some time to grieve your loss and taking the time to take a long-view look at your career to figure out what it is you really want to be doing.
3. Avoid Liquidating Your 401(k)
It’s scary when you don’t know where your next paycheck is but don’t panic. even if you’re tempted to start withdrawing money from your 401k resist the urge.
Ask yourself: Are there savings that you can use? Did you receive a severance package or compensation for unused vacation time? Do you have an emergency fund that will hold you over for a couple of months? Also look for ways to reduce expenses while you’re looking for your next job.
4. Avoid Bad-Mouthing Your Former Employer
Although it’s tempting, resist the urge to talk trash about your former company.
Don’t burn your bridges. You never know when your previous employer may have jobs re-open and could call you back.
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