How to cope with Losing Your Job

How to cope with Losing Your Job
September 4, 2017 Lauren Howells

How to cope with Losing Your Job

Losing your job can be a particularly difficult and stressful time. Worries about how you will be able to pay the bills and support your family can take over and this can take its toll on many different aspects of your life.

During our lifetimes, many of us will have to cope with losing our job. It is important to realise that you are not alone and that there are many others out there who will be going through the same thing.

It is also important to recognise that losing your job will potentially involve many changes in your life.

Living through this period of uncertainty and then moving on from it, is possible. Even though it may not feel like it, this experience could result in you being a much stronger, more resilient person.

Losing your job can feel like a roller-coaster of emotions. Here at CashLady, we have come up with some tips to help you feel a bit more in control.

Find out what support you could be entitled to

How to cope financially is one of the biggest worries many people face when losing their job.

There is no shame in asking for help when you need it.

Finding out what benefits you could be entitled to while you search for another job, is the vital first step for many.

Take a look at the Money Advice Service website for more information about the types of benefits you may be able to apply for.

A problem shared…

There is a lot of truth in the sentiment that a problem shared is a problem halved. When you no longer have a job to go to, it can be easy to feel alone. Not wanting to burden friends and family is a noble sentiment but it is often misplaced.

Losing your job could cause friends and family a great deal of worry. Not talking about it can cause them to be more concerned than if you share your fears and worries with them.

How to cope with Losing Your Job

Most people want to help. Talking to someone you trust about the stressful situation you are going through, can help you to get perspective on it. Talking face to face with someone can also enable you to feel more in control of your situation and refocus your job hunt.

Focus on your future

Being alone, sitting in front of a computer and job hunting all day, can result in you raking over things you may have done differently if you had a chance at your old job again.

Whilst a little self-reflection can be positive, very little good can come of spending large amounts of time going over the past and wishing you had done things another way.

You are where you are. What matters now is how you deal with it.

Cope with losing your job by drawing up a budget

If you don’t have one already, it is a good idea to have a weekly budget so that you know how much you are able to spend.

Budgets are always useful, even when you are employed. However, they are vital if you do not have the same household income you used to, because of losing your job.

Take a look at the CashLady website for more information on how to draw-up a budget.

Treat finding a job as your new job

Losing your job should not mean giving up your routine.

Without a job to go to, many people struggle to keep to a daily drill.

Having structure in your day could help you to remain positive. Try getting up at the same time every day. Sit down at your desk and start your job hunting, as you would a job.

Some people find it helpful to have a timetable. For example, you could put 2 hours aside in the morning for writing cover letters and an hour each afternoon for working on your CV. It is also a good idea to include some exercise outdoors, if possible, even if it is just a short walk. This could help you to feel more positive.

Consider volunteering

Being unemployed for a long time can result in low self-esteem and feelings of low self-worth. Volunteering can help you to rebuild your confidence while you search for a job.

Volunteering could also help you to feel good about yourself and therefore provide you with a much more positive outlook.

You never know – volunteering may also open up new opportunities and contacts for future employment.

Losing your job can be hard but by keeping a routine, talking through your worries with others and trying not to go over the past, you can begin to move on with your life.