Comments on: Unemployment Benefits Set To Expire Soon. What Next? http://thesmarterwallet.com/2009/unemployment-benefits-expire/ Money Tips, Consumer News and Product Reviews To Improve Your Finances Tue, 07 Feb 2012 05:52:20 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Ashley http://thesmarterwallet.com/2009/unemployment-benefits-expire/#comment-12135 Ashley Thu, 19 Nov 2009 20:08:13 +0000 http://thesmarterwallet.com/?p=9829#comment-12135 Good post, and glad you clarified your stance in the comments. Too many people wait until they are at the end of the line to try and better their situation. I'm not saying the day you are no longer employed you should start living off PBJ, and denying yourself all luxury items but you should start cutting back until it's as bare bones as you can stand. The sooner you acknowledge your situation the more you can save for the future in case you end up in that situation longer than you anticipated. Good post, and glad you clarified your stance in the comments. Too many people wait until they are at the end of the line to try and better their situation. I’m not saying the day you are no longer employed you should start living off PBJ, and denying yourself all luxury items but you should start cutting back until it’s as bare bones as you can stand.

The sooner you acknowledge your situation the more you can save for the future in case you end up in that situation longer than you anticipated.

]]> By: The Smarter Wallet http://thesmarterwallet.com/2009/unemployment-benefits-expire/#comment-12121 The Smarter Wallet Thu, 19 Nov 2009 17:31:04 +0000 http://thesmarterwallet.com/?p=9829#comment-12121 I'm not sure I agree with <a href="http://money.cnn.com/2009/11/19/news/economy/survival_jobs/index.htm" rel="nofollow">this article</a>, which seems to imply that we should beware of jobs that we pick and choose during challenging economic times. Sure, I think if you can "afford" (being the operative word) to avoid lower paying positions, jobs or career shifts, then by all means, stick it out and wait for better options. For those who are at the end of their financial rope, I think that "waiting" for opportunities that seem to demonstrate a more appropriate fit to your skills and background isn't a good idea. I think that the key here is that *we* try to fit the needs of the current market and job environment, and not be afraid of the impact to our careers. Speculating and worrying about what a demotion or survival job is going to do to us is harmful, IMO. Why not think the opposite: maybe a demotion or survival job has a silver lining? Could it potentially lead to bigger and better opportunities? I say, just go with the flow. Unfortunately, the state of the economy and job market today does not give us much choice. The important thing is to stay relevant in this economy. Personally -- I'd be open to a career shift if that would keep me afloat. I’m not sure I agree with this article, which seems to imply that we should beware of jobs that we pick and choose during challenging economic times. Sure, I think if you can “afford” (being the operative word) to avoid lower paying positions, jobs or career shifts, then by all means, stick it out and wait for better options.

For those who are at the end of their financial rope, I think that “waiting” for opportunities that seem to demonstrate a more appropriate fit to your skills and background isn’t a good idea. I think that the key here is that *we* try to fit the needs of the current market and job environment, and not be afraid of the impact to our careers. Speculating and worrying about what a demotion or survival job is going to do to us is harmful, IMO. Why not think the opposite: maybe a demotion or survival job has a silver lining? Could it potentially lead to bigger and better opportunities?

I say, just go with the flow. Unfortunately, the state of the economy and job market today does not give us much choice. The important thing is to stay relevant in this economy. Personally — I’d be open to a career shift if that would keep me afloat.

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