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How Do You Survive A Job Loss In Todays Economic Crunch?

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How Do You Survive A Job Loss In Todays Economic Crunch?

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According to LeeRaito.com, the loss of a job is second on the list of life’s stressful events, only to be preceded by death. Knowing this, the loss of a job can be such a life-changing occurrence that it can lead to some very difficult times. Therefore, it is very important that we keep the possibility of losing our jobs in our thoughts as a reality. With that in mind, we must have a plan of action, should we find ourselves out of work. Listed below are some ways to address being laid off. Have a Savings Account. Don’t spend all of your income. Put money aside for a “rainy” day. Try to build a savings with at least two months worth of living expenses (ideally six months), along with the availability of unemployment insurance. With the present economy and the vast amount of companies that have been closing, don’t spend so freely. Save! Save! Save! This will tide you over while you seek employment. Sharpen your skills. Continue to educate yourself in all of the facets of your job and go

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