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How to cope with unexpected redundancy

Article By Adam Hurwood | | Financial Planning
Being made redundant can be a shock. Even if you are prepared, it is common to have feelings of fear about the unknown. How will you survive financially? Will you find another job? The sudden lack of certainty about the future can be overwhelming. If you have recently been made redundant, there are a few steps you can take to help reduce your stress levels, and begin the next chapter of your life.

Think Positive
Being made redundant can be an opportunity to try something new. Before you jump back into doing what you were doing before, it might be worth taking some time to consider whether you were truly happy in your previous job. Being made redundant could be a blessing in disguise as it can give you the opportunity to re-evaluate and make any necessary changes to your working life, which you would not necessarily have been motivated to make before.

Be Flexible
You may need to take on jobs which you might not have previously considered until the right position comes up. Being flexible and open to all options means you could stumble on a previously un-thought-of solution or occupation, or at least make ends meet for a while rather than sitting at home panicking because the perfect job is not out there at the moment.

Take Practical Steps
To prevent being overwhelmed by stress or panic, it may help to write down a series of steps you can take to begin finding work again. Even accomplishing one thing a day may help keep you motivated and get you moving along the path to bigger and better things in the future.

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