Unemployed? Here’s How to Take Care of Your Wallet and Well-Being

Recent layoffs affecting technology and media sectors, as well as government agencies, can spark concerns about job stability. Experiencing job loss is a challenging experience, impacting various areas of life. However, there are strategies to mitigate stress and anxiety. Following a layoff, experts advise pausing to process your feelings before embarking on a job search plan. “A layoff often feels personal, yet it does not reflect your worth or contributions,” notes financial therapist Lindsay Bryan-Podvin.To navigate this period, consider reviewing your financial situation and adjusting your spending. Career coach Marlo Lyons emphasizes the importance of understanding your budget and applying for unemployment benefits promptly. It’s crucial for self-esteem to remember you are not defined by your job; making a “non-financial asset list” can enhance self-worth.Lastly, maintain a structured daily routine to combat feelings of aimlessness and lean on your support network for emotional sustenance during your job search.