"I have found myself in the middle of many unexpected changes and this book is really helping me navigate and see things through a different perspective. Many blessings for your courage and journey to bring to life this important work." -David
Read More Testimonials»

Our Losing Your Job Experts

Richard Nelson Bolles

Richard Nelson Bolles

Renowned author of the What Color Is Your Parachute? Series

Shared by First30Days View Profile»
Bradley Richardson

Bradley Richardson

Business author, professional speaker and career development...

Shared by First30Days View Profile»
Tanya Flynn

Tanya Flynn

Communications manager at Careerbuilder.com

Shared by First30Days View Profile»

Meet all of our Career Experts»

Got a Question?

Q&A

If you have questions about this change, you're in the right place. Our editors, experts, and community of change optimists have answers!

SunnySide

Question:Do you have a back-up plan (and $$$) in case you lose your job?

It's impossible to ignore all the headlines about job loss and unemployment rates. Rather than fret right this minute though, do you have a back-up plan in the event the worst happened? Do you have money saved away? Alternative ways of making money or job ideas, like working for a family business?

Asked by SunnySide on 10/7/08 3 Answers»
TonyInKY

Answer:

I don't have a backup plan. If I am out of work for very long, things will get ugly.

My wife has a small business. I could always work at that. I could probably make enough extra to pay for the house though things would be tight.

Answered by: TonyInKY on 10/8/08
AnnieChance

Answer:

I don't have a backup plan...well, sort of don't. I guess I could always go into the family business (construction).

Answered by: AnnieChance on 10/7/08
kristen

Answer:

Now, more than ever, we want our side business to take off :)

I feel fortunate to work in an industry where there's always freelance or permalance work available...I feel pretty confident that there will be "something" out there for me if I lose my job.

Still, I have cut back on expenses and am shoring up my savings more than in the past. It seems prudent as we'll probably be in a down-cycle for a while.

Answered by: kristen on 10/7/08
Got an Answer?