Okay. So you lost your job and are looking for a new one. According to the career coaching industry, it can take at least one month of job search for every $10,000 you want to make annually. So, if you were making $50K and are hoping to make that again, you should plan on at least a five-month job search.
Do you have enough in savings to cover that? If not, these tips might help:
Apply for unemployment benefits immediately. The process for getting your benefits takes time, and requires paperwork and visits to the unemployment office. The sooner you get started, the sooner you’ll have a check to help with expenses.
Figure out exactly how much money you must have to pay any existing bills that could affect your credit. Now is not the time to let your credit score tank. The priority must be on paying the minimums on any bills you have to keep it from being affected.
Cut major expenses any way you can. Don’t wait to cancel subscriptions or services that aren’t absolute must-haves. Put your pride aside and dump anything non-essential.
The entire article–9 Ways to Save Money During Job Search–at LinkedIn.com.
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