Still working at a job? Hopefully you are being paid fairly and like what you are doing. It is also important that you are happy in the atmosphere where you work.
None of the above are guaranteed. There are situations where we must do things we really don’t especially like to support ourselves. We may not be paid what our skills and experience deserve. None of that seems so bad if we ever suffer the misfortune of finding our job is gone through no fault of our own. (down-sizing, out-sourcing, etc., aka ‘laid off’).
It is a completely sound idea to be prepared for anything that may happen unexpectedly. It’s a whole different story to be unprepared. For example it is Friday afternoon (Friday is the day of the week recommended for letting people go. This supposedly gives them the weekend to recover from the shock).
As well, and more important to the company, the employee doesn’t have much time to sabotage any of the systems before they have to check out for the last time. So you may get a ‘pink slip’ out of nowhere. If the company has any decency they are giving you pay in lieu of notice or at least notice of 14 to 30-days.
How will you survive until you find another job? You first need to calculate what money you still have without your regular paycheck. During the ‘notice’ period, there may be accrued vacation they may pay you for. They may offer severance pay as well.
There are a few options you have that are ‘safe harbor’. Start your own online business today. Believe it or not you can be in business for yourself within 24-hours. Just search for ‘affiliate programs’ and you will have a product and a free webpage to advertise; as well as other resources including some training to get started right away.
The other ‘emergency recovery’ option is to apply to at least one temporary agency. It may take a few hours to have your skill levels tested, but then at least you have some hope of money to survive with while you are looking for a more permanent position. Keep checking in with them to see if they have any assignments. They will have both short-term and long-term jobs and you will be paid weekly.
It is important to remind yourself that you will survive and that prior to this situation you were doing fine. As recently as maybe a week! It is important to keep your confidence level up so that you ‘shine’ for those people who will be interviewing you and making decisions about your life.
That is one more reminder of how it is so much less risky to only depend on yourself to decide what you will do to earn money aka start your own business now. In fact why wait for a catastrophe? You could be taking control doing your part-time home business while still working the day job. If you are wise you will save every dime in case you need it someday.