I need a way to make extra cash. I just received a layoff notice. How can I keep paying my bills?
We would send our faqing condolences as being laid off rarely feels good - but we don't want to do that! Our advice is rather than regarding this as a problem, consider it an opportunity. This may not be easy at first and may require a change of attitude and mindset, but you've made the best start by FAQing us!
Ok, so 'fast cash' - this is difficult to achieve without an appearance from the loan sharks, elusive lotto win or inheritance. In short, there is unlikely to be a quick fix, so let's focus on getting the right solution rather than the 'fast' solution.
Our advice is to be proactive in finding another job, overhaul your CV (make sure it contains your most up-to-date experience, qualifications and professional training) network (use your old contacts and make new ones in your chosen industries), get voluntary work (don't act redundant - voluntary employment opens new opportunities). Most of all, get yourself out there! Act like you're still a full-time worker by rising early and using your time wisely. Consider signing on for any benefit entitlement in the short-term - your local Job Centre should assist with this. If you have debts, think about accessing the Citizen's Advice Bureau as they'll be able to help you to put a debt management plan in place. DO NOT bury your head - DO make sure you're upfront about your position - both with yourself and others who can help you.
Us FAQers ADORE The Money Saving Expert, who has heaps of top ideas from supermarket savings...to hosting foreign students...to renting out your home for a film shoot... Join the forums, there are thousands of friendly faqers in exactly your position, most of whom are more than willing to help. Follow this link for 50+ ways to boost your income.
If worse comes to worst, see our other career advice page. Do keep your humour, that'll see you through. With the right attitude, we're confident you'll soon turn this around. All the faqing best to you x
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