Getting fired may seem like the worst thing that can happen to you, especially now that the economy is very unstable. This could spell out big changes in the way you live. With all of the bills that need to be paid along with the everyday expenses needed in the business of living, this kind of a situation can really pull you down. It is very normal to have feelings of guilt over where you may have gone wrong to cost you your job, or anxiety about the uncertain future that lies ahead of you. You could even begin to entertain doubts about your own capabilities. However, although it may present seemingly daunting challenges, getting fired doesn’t have to mean the end of the world. With a bit of preparation and careful planning, you can make it through getting laid off. Here’s what you need to do.
- Stop the blame game. Stop berating yourself about getting fired. It doesn’t make you a loser nor does that mean the end of your career. What’s done is done and so you need to focus your energies on moving forward with your next step. Blaming yourself, your boss, the company, or a variety of other circumstances isn’t going to improve your lot.
- Determine how much money you have or will get. The next thing you need to secure is your money. When you get fired, you should get paid for any unused leaves. Check if you are getting a severance package. Check your retirement plan and start rolling over your 401K money towards an IRA account or other investment accounts. Aside from this, check your savings account, as well as any outstanding debts you may have. This will give you a clear picture of your financial status.
- Start cutting back on expenses. When you get fired, you need to be realistic. Unless you have another job lined up the following week, it’s a good idea to cut back. Don’t eat out so much or go on a shopping spree. You should hold off on major purchases as well.
- Give yourself time to relax. Since you aren’t working, take the time to rest and reinvent yourself. Indulge in waking up late and taking things slowly for a while. Catch up on your reading or start exercising. Think of it as a mini vacation till you start your next job, or as you plan your next career move.
- Stay positive. It’s very important that you don’t fall into depression when you get fired. Find ways to make yourself stay optimistic despite this setback. You need to keep saying to yourself that you will have another wonderful opportunity that will come your way. Remember that you have a lot of skills and you are highly employable.
- Start networking and getting your resume out. Brush up that resume because you need to start looking for another job. Although you got fired from your previous employer, you will still need to put that information in your resume.
- Consider your other options. Think about going back to school to update your skills and education. You may also want to start a business or turn a hobby into your main source of income. Consider if you want to change industries. Getting fired can be a boon because it compels you to reassess your path so you may choose to do something else.
Getting fired can be a positive thing if you are able to put it in its proper perspective. You can survive this setback and think of it as a new turn on the road ahead.