Transitioning Between Jobs – A Survivor’s Guide

There’s perhaps nothing more disruptive to our lifestyle plans and schedules than being let go from a job, and then transitioning to another. It can change how we view the content of our days, how we plan certain elements of our life, and of course, our financial stability. This means that if you’re not careful, it’s easy for you to misplan and misbudget, and that can be a problem.

Pexels – CC0 License

Thankfully, you needn’t feel as though you’ve committed some arcane and profane sin by switching up careers. Sure there may be a temporary change in your situation, but people follow this pursuit all of the time. Provided you’re level headed, there’s no reason why you can’t make a success out of this, just as so many before you have managed. 

Still, one encouraging paragraph will hardly dispel all of the worries you have as far as this is concerned. That’s fine, and it’s normal. It’s a good thing we have unlimited article space so that we can really hammer the point home, and curate warm wishes into more of a survival guide should you find yourself between jobs.

Please, consider the following advice to that end:

Preparing Is Your 9-5

When your employment opportunities are somewhat suspended, it’s very easy to spend the days a little less productively than you may have otherwise. This can be a mistake. In fact, between jobs is when you will need to be at your most productive. Planning your next step can require a period of reflection and relaxation, but be sure you’re not overdoing that in order to postpone making any progress at all.

Of course, for some this means dealing with the normal intermission between leaving a job and starting another position they have accepted ahead of time. In this light, it may mean moving across the country or perhaps brushing up on their prior skills. It’s important to recognize the 9-5 as your hours of personal professional polishing rather than how you may have worked before. If you keep up with that, you can once again start the new job without the full-frontal shock of renewed employment, and with all of your preparations made.

Mid-Plan Survivability

When you’re transitioning between one set of career obligations to another, surviving from one regular income to another can be somewhat of a chore. We all need reliable income to structure our lives and outgoings, and without this, it can be easy to be frugal to a fault, or feel no uncertain amount of angst.

This is where the best guarantor loans comparison can help you find an immediate and trustworthy cash injection, provided you have a trusted, financially stable friend or relative to vouch for you with their own feasible means. This can help you avoid having to directly borrow money of others, or to be without the funding you need. Then, when your income source kicks into full swing (as should be verified) you can pay the loan back at a reasonable rate. Many find these methods preferable to borrowing money from others or having to worry about too-late (sometimes six-week-long) compensation waits in the new salaried position.

Notifying Creditors

When you’re in the midst of financial insecurity as explained before, notifying creditors can be a worthwhile thing to do. Perhaps you’ll be a few days late with your rental payment this month, yet it will still be customary to call and explain why this is. The same goes for your internet provider and other bills that may come before your finances kickstart into a regular routine again.

Not only will your creditors appreciate you letting them know (especially with proof), but they’ll value you even more as a customer/client/tenant, due to your immediate transparency surrounding your lifestyle change. It’s little measures like this that make such a difference in the long term.

Staying Frugal

Staying frugal can be an important measure to follow, as it may help you avoid committing to anything intensive or overreaching when your finances are a little more sensitive. For example, the transition period between jobs may not be the best time to invest in a luxury vacation abroad, even though your time off work might be a tempting place to commit to this.

Of course, every financial situation is different, so don’t let our advice seem like some kind of forceful blueprint you have to follow. However, like anything, good sense will prevail. Staying frugal in this manner can help you perhaps invest in heavy recuperative needs when starting a new job, such as traveling to a new city to interview or begin your trial week, or perhaps when needing to commit to emergency home repairs despite that lack of salaried income coming in.

At the very least, you’ll feel less irresponsible, and that in itself is an important and relatively worthwhile measure to take. Who knows just how much of a positive response it can have when getting to sleep at night or when planning your finances over the next month? We can too often ignore how fruitful these sensible measures can be.

Planning The Dates

Your schedule may need a little more adjustment at this time of year, and often that’s for the best. For example, planning just when you may need to pay for certain yearly expenses can help you put off certain obligations if you do not need them for the time being, saving you money. Additionally, it can be that purchases such as your weekly grocery shop or perhaps planning to walk to work to ensure you know how to manage the commuting time for the first week can be important. No matter who you are, your financial stability is only best considered when considering the timeline in which managing it takes place, and to that extent, you can find a better, more reliable and worthwhile sense of financial handling.

With this advice, you should be able to focus on what really matters, your career advancement, rather than worrying about your financial needs during this transitory time.