From the course: 14 Things to Do When You Lose Your Job
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Make major lifestyle changes
From the course: 14 Things to Do When You Lose Your Job
Make major lifestyle changes
- It goes without saying that if your financial situation changes drastically, you'll need to make significant changes in the way you live your life to avoid serious financial consequences. In my work with clients in this type of situation, I've often noticed that it can be hard to admit the direness of their situation, which can often lead to inaction. I want to help you avoid this. Being unemployed for a short period of time should not majorly derail your financial future. The longer your unemployment, the more likely you are to run out of money. If your unemployment continues for an extended period of time, you may need to take more drastic measures. In short, to find a path forward, you will need to make major lifestyle changes. Let me start off by saying change is hard, but if you are quickly running out of money, the time to act is now. For most people, their largest expenses are housing, food, and…
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