- Tell everyone you know you’re looking for a job. Network on LinkedIn and other social media.
- File for unemployment
- Prioritize your bills - must have (electric), want to have (cable), can be late (credit cards), can ignore/deferred (paying back your brother/student loan). Know when you’re
- going to run out of money.
- Plan for bankruptcy. There’s never a better time.
- Look into tapping your 401k after being laid off. Yes, it’s a bad idea… but better than homeless.
- Spend 50 hours a week looking for jobs in your field. Do this locally for a week, then spread out nationally if possible. Look for remote positions if you cannot move. Customize EVERY resume using key words from the job description. Have 40 bullet points and skills/results for your resume - use 25 on any given resume.
- Looking for a job is NOW your full-time job.
- After a national search in your field, go outside your field.
- After savings and unemployment are gone, take ANY job. File for federal assistance.
- Spend 15 hours a week looking out for yourself. Get to the gym. Start running. Make lunch plans with colleagues and friends. Immerse yourself in a hobby you used to love (after the job search hours are done).
- Go to parks with the kids. Take your wife out on a date to just watch the stars.
- Don’t panic or get stressed out. You’ve been without money before. You’ll be fine in a few months.
[Edit: I was laid off seven months ago. This is how I prioritized.
Your situation may be different. Your retirement may be a higher prioritization. Your credit score may be a bigger deal to you. You may not be able to move to a different part of the country.
For me, it worked fine. I had a job offer 7 weeks later. I moved for the new job 10 weeks later about 500 miles north.
- Thanks for reading]
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