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Home Women & Career

How to Prepare for Unemployment

by Genevieve Nunis
November 5, 2012
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Let’s face it. There’s always one thing career women are always worried about, and that is losing your job. With the shaky economy, employees are beginning to think about a back-up plan despite having a secure job. Here are a few preparation techniques in case your do get laid off!

 1. Start Networking
All those business-related social events will do you some good, so keep those business cards of people safe and remember to make a lasting impression whenever you’re meeting someone. Remember their names, and keep in touch with them through social media on a professional level, of course! As networking’s a quid pro quo situation, be willing to help others when they need it, and they will help you too!

2.  Think Positive
Instead of dwelling on the loss of your job, stay positive and understand that once a door closes, another window opens! Stick to positive situations and remember to always look at the bright side.

3. Create An Emergency Saving Funds
When you start hearing through the grapevine about instabilities of your company, we highly recommend saving up months ahead for basic living expenses like rent, food, and utilities. Keep a track record of your expenses and store the funds in a bank account.

4. Reduce Your Expenses
Getting laid off from work means that you’ll have very little to survive on, so instead of piling up on debt, consider what you can do to trim your budget. Start cutting out things you don’t need like that weekly dinner at a fancy restaurant or buying that expensive leather handbag. Cutting down on your expenses will help you clear off your debt faster, and help you build-up that emergency savings!

5. Keep Your Resume Up-to-date
A job will always give employees room to learn, and with each skill you’ve mastered at your work place, write them down and list them as your key strengths or skills in your resume. Don’t forge that to keep the contact information for people who can leave you with positive references.

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