How to manage your stress when you've been laid off from your job

How to manage your stress when you've been laid off from your job

Losing a job is a stressful experience. It can make you feel worried about money, about your future, and about how others perceive you. But there's another kind of fear that might also manifest if you find yourself suddenly out of work: the fear of making any decision at all. When we're anxious or stressed out, we often develop an aversion to action that can lead us down a path where we take no action but instead wait for things to improve on their own. Below are some tips for managing this fear so you can move forward toward finding another job or developing new skills that will help prepare yourself for future employment opportunities.

After losing a job, it's normal to feel anxious and stressed.

After losing a job, it's normal to feel anxious and stressed. You may fear the unknown; what will happen next? You might also be afraid of failure; what if I don't succeed at finding another job? Maybe you're worried about your future; how will we pay our bills without my income? And maybe there are feelings of uncertainty that come up when you think about how your life has changed so much in such a short amount of time or maybe you're feeling like you'll never be able to get back on track financially now that your income has been cut off.

These fears can lead you to change your behavior in ways that may hinder your ability to move forward.

When you lose your job, it's natural to experience fear. Fear of financial insecurity can lead you to make sudden changes in your everyday behavior. These changes may seem like a good idea at the time but can actually hinder your ability to find another job or move forward with your life outside of work.

Here are some common ways people change their behavior when they feel afraid:

  • They stop spending money on themselves and others - especially if they may be unemployed for an extended period of time (e.g., during a recession).
  • They start spending more money on entertainment, alcohol/drugs, gambling and other "risky" activities that provide instant gratification but have no real benefits in the long term.
  • They put off making big life decisions—like buying a house or getting married—because they're afraid they won't be able to afford these things anymore if their income drops significantly due to unemployment or underemployment.

Here are some tips for calming these fears and staying positive.

  • Use your downtime to do something you enjoy, or something that makes you feel good about yourself. Don't forget to take care of yourself.
  • Don't let the situation get you down! If you're having a hard time staying positive, try taking some time to relax and unwind with a nice bath, spend some time outside in nature or try some yoga/meditation/relaxation exercises (which can be found online for free). These activities will help ease your mind so that it doesn't stay locked in negative thoughts for long periods of time.
  • Take time to try new things and explore new hobbies that interest you: perhaps there's an art class or cooking class nearby? Or maybe there's a sports team in your neighborhood that needs new members—you could give it a try! Doing these things will not only help pass the time during this difficult period in your life; they'll also provide opportunities for social interaction as well as an outlet for stress release when needed most

How worrying can help you

Worrying is a great way to prepare for the worst case scenario. If you can't find a job, then what? You need to be ready for that possibility. In fact, worrying about what will happen if you don't get a job can help you make sure that everything is in order. I suggest doing the following:

  • Reviewing your bank and credit card statements to see where you can cut expenses
  • Calling you creditors and ask if it is possible to defer your payments
  • Meeting with a financial planner to discuss the options pertaining to your 401k, company stock options, health insurance coverage and creating a budget while you look for work

Acknowledge the worst case scenario

Manage your fear by acknowledging that the worst case scenario may be a reality. If you need to move back in with your parents, realize it's possible and make plans for how you will manage this transition. Or if you need to take a job that pays less than what you're used to making, go on LinkedIn and find out how much other people in similar roles earn. Or if you want to start a side hustle, but don't know where or how to start one up, research online guides or ask friends who have done it before.

In any situation where something has gone wrong with your life and there are no easy answers that will solve everything at once (which there never are), managing fear means being honest with yourself about what is actually happening versus what could happen under certain circumstances.

In the moment, losing a job may feel like the end of the world, but it isn't.

What if you lose your job? The first thing to remember is that you are not alone. Millions of people have lost jobs at some point in their lives; this is a very common experience, and the vast majority of those people are able to find another job that suits them just fine.

There's also a good chance that losing your job won't be as bad as you think it will be—in fact, it may even be an opportunity for personal growth or increased self-awareness! Take some time to reflect on how much change is actually happening in your life right now: Has there been big shift recently? Is this kind of transition something that tends to happen every few years? It can help to remind yourself that change happens all the time—and even though right now feels like it's happening all at once, odds are good that everything will settle down soon enough.

Remember that the situation is temporary

As you're searching for a new position, it's important to keep things in perspective. It's just a job—a source of income and nothing more. Instead of worrying about where you'll land next, focus on what would make you happy in a new role. By looking at this process as an opportunity rather than a burden, it will be easier to stay positive and focused on finding the right fit for your needs instead of getting stuck dwelling on how much better things were when they were good (or worse).

Being unemployed can be scary at times. You may feel like no one cares about how hard it is for you; however, this is not true! I empathize with you because I've been there myself and I am, once again, in the same situation! Even though losing my job was one of my biggest fears, I realized that there was nothing else I could do other than stay positive and keep searching until a new opportunity comes along--and eventually, something will!

Conclusion

Losing a job can be a difficult experience. It's important to remember that this is just one step in your career, not the end. The most important thing is to stay positive and take time off to recharge before jumping back into the job search process

Stephanie Budin

Senior Manager, Talent Strategy at Nusano - Supplying the Fight Against Cancer

1 年

Thank you sharing my post, Bret Chernow, CFP?, CLTC?!

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