Suffering from a job loss might have its toll on you. You might experience depression, loss of motivation, and irrational fears are just some of it. What is more painful is that you have lost a career and a financial source. Hence, the main problem is how do you survive financially from job loss. In this blog are tips to help you recover from the dilemma of job loss.
Change of Mindset
Most people, (that includes maybe you) have been programmed that to become successful in life you have to finish college, land on a high-paying job, and save for your future by allocating a portion of your income as your retirement fund. This is what Robert Kiyosaki, in his book “Rich Dad Poor Dad” refer to as the “rat race.” Psychologically, this mind conditioning has its problem because placing your job as a key to success means big for you.
As a result, when you lose your job, you lose a ticket to success and you become tremendously affected. However, this mind conditioning is completely irrational. Jobs may provide you with the basic needs to survive in life (not even enough at times). But it is not a hindrance to success or financial stability when you lose it, because you can find another job again. Besides, there are many ways to gain financially aside from getting a job such as opening your own business. Sounds great but how do you open a business when you already lost the job and you were not able to save something to fund the capital of your prospective business? Then find a business mentor who can help you conceptualize the business before thinking of getting the capital. Getting capital is easy because the best personal loan providers are already existing. Bottom line, you need to change your belief about yourself from a loser or victim mindset to a winner’s mindset.
Set a Goal, Plan your Way to Financial Success
Changing your mindset is a long process and it does not take place overnight. But in order to begin the process, you have to set a goal and plan your way all the way to financial success. On the one hand, you need to set a goal. Some experts say that goals must be smart(specific, measurable, attainable, realistic, and time-bounded) so that you can accomplish many things. But some say make it the grandest possible because it is only your own mind and perception that limits yourself. Anyways, regardless of the philosophy, it depends on you and on how badly you wanted to recover and survive. Just make sure when you set goals, these are somethings that would motivate you to accomplish despite the odds.
On the other hand, upon setting goals, make a concrete plan on how will you accomplish these things. This includes the financial resources, people to consult and to work on your plans, and other necessary details. By planning, you may be able to evaluate whether your goals are doable or not, whether they are smart or not. Even the grandest goals become smart goals when translated into concrete plans.
Finally, setting goals and plans are only as good as “eye candies.” This won’t bring you to anywhere if you don’t make any actions to fulfill it. Since all these things are enjoined in an entire system of processes, the earlier you begin the better your chance of, not just surviving, but becoming successful. But the more time you spent thinking of the past and painful experiences or doubting yourself whether you can do it or not the longer it gets you to where you want to be.