Tough times never last
Eight years ago, I was fresh out of college and eager to start my career in marketing. My first job was an entry-level position with the provincial government. Six months later, I was able to leverage my experience and earned a marketing position within municipal government.
From there, I ended up in Vancouver, worked for a few amazing companies, moved to Europe, pursued a freelance writing career… and eventually found myself back in Vancouver where I landed an amazing job as a Marketing Manager.
The first eight years of my career has certainly seen its ups and downs, and unfortunately this is one of those “down” moments. Due to downsizing, my position – along with many others – was eliminated yesterday. So now, I find myself unemployed.
Related: How to survive unemployment
At first I was really, really sad. Which is obviously a natural reaction. I enjoyed the people I worked with very much, and the thought of not seeing them every day is hard to deal with. I know I’m going to miss the diverse, challenging work – and it’s a company I truly believed in. I also felt bad for the other people that got let go. They have mortgages and families to take care of. It’s going to be difficult for everyone. Then I became angry – but angry at myself, and that was the wrong emotion to have. I kept thinking about what I could have done differently, and whether I just didn’t work hard enough in the year I was there. I felt stupid and useless. But truthfully, there’s nothing I could have done to prevent this from happening, and getting laid off isn’t a reflection of my skills as an employee either.
It’s been a tough 24 hours as I tried to process what happened. Lots of tears and frustration and pep talks. But that’s life. There are bound to be tough times, but it’s how you deal with those situations that defines you and makes you into a better person. Most of you know that I’ve been laid off before by a company, so I know what to expect. I know the roller coaster of emotions that comes along with losing your job, but most importantly I also know that I always come out of situations like this stronger than before. BF said if there’s one thing he’s learned about me is that I’m resilient, and my mom reminded me that, even in this poor job market, I’m still employable. I landed this last job within 4 days of arriving home from Germany. Not that I’m expecting that kind of result again, but despite how bad I feel now – just a day after this has happened – I know that unemployment won’t last forever.
As for my finances, of course this changes a lot of things. I’m eligible to collect Employment Insurance, so I will be applying for that after I receive my last pay cheque and severance pay (2 weeks). I’ll have to suspend my RRSP/TFSA contributions and long-term savings goals until further notice, and I have my Emergency Fund if necessary.
So that’s that. I’m going to work hard every day to prove to myself and my future employer that I am a skilled and valuable asset to any team. I’m going to stay positive, stick to a routine, and start networking. I am good at what I do, and there’s a company out there waiting to hire a person just like me. I know it. :)
Author: Krystal Yee
I’m a personal finance blogger and marketing professional based in Vancouver. I’m a former Toronto Star (Moneyville) columnist, author of The Beginner’s Guide to Saving and Investing, and co-founder of the Canadian Personal Finance Conference. When I’m not working, you can usually find me running, climbing, playing field hockey, or plotting my next adventure.