Life Advice

Lessons I Learned From Being Unemployed

In the last week of March of 2019, I was let go from my job due to performance and it did hit me out of nowhere. I thought I have improved my numbers, based on the coaching I have received from my manager but in that case, it wasn’t true. Afterwards, I was let go. I was not upset, but a feeling of surprised and disappointment.

3 weeks later, I have reflected and thought to myself how much time has gone by fast and what I learned through based on my experiences. As soon as I got home, I started to apply for new jobs and wonder what to do with myself since I got the freedom to do whatever.

Week one applied for new jobs. I also took a 5 day trip to visit my grandparents in South Florida to get out of Tampa and explore the areas of Miami I have not visited yet. It was nice visiting south florida as usual as I have always liked the area more than tampa and visiting my best friend. In my first week of unemployment I have also filed for unemployment and I am still currently awaiting to see if I will be receiving money that I want to save up in case of emergencies. It is a good thing I have an emergency fund, which is something everyone shall have and continue to increase it.

Week 2 and 3 have consistent job denials and 2 upcoming interviews. I have also improved my options trading by having more time to review the markets before opening analyzing companies and slowly increasing my profits. Being able to focus more on options trading has helped me increase my profit to nearly 1k a month and I am happy to improve after 3 months of failure.

What I learned from being unemployed is to get financial assistance, such as unemployment if you qualified for it based on your state.

  • Update your resume and apply for new jobs ASAP.
  • Prepare to reduce your expenses and stick to a budget.
  • Give yourself time to enjoy the freedom you have now, you can explore new places, reflect on yourself to find new ideas you can work on for yourself, etc.
  • Have a positive mindset, despite of the setback of losing your job. Look for employment in similar industries or even new ones and make sure the pay is similar or higher than your previous job.

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