Comments on: Make the Most of Unemployment

By: Ryan @ Planting Dollars

Ryan @ Planting Dollars — Thu, 15 Apr 2010 09:16:34 +0000

It’s tough when you don’t have much structure and money to fill your time. When I was unemployed I started learning web development which is a hobby I still pursue and is free as long as you have a computer with internet connection. Other than that I think it’d be valuable to maintain an exercising regimen especially while unemployed since it will make you feel better and help battle depression.

By: RainyDaySaver

RainyDaySaver — Wed, 14 Apr 2010 02:26:32 +0000

Passive income would be the ideal situation, but at the very least, having extra income come in can help soften the blow of being laid off.

By: RainyDaySaver

RainyDaySaver — Wed, 14 Apr 2010 02:25:29 +0000

That’s quite true. I don’t think most folks in the U.S./Canada could fathom working for something like $2 a day.

By: RainyDaySaver

RainyDaySaver — Wed, 14 Apr 2010 02:24:47 +0000

Frugality definitely plays a large role in surviving unemployment. I’m a big fan of DIY stuff.

By: RainyDaySaver

RainyDaySaver — Wed, 14 Apr 2010 02:17:17 +0000

Paul: That’s why I believe it’s important to stay busy and motivated, even if it’s an activity that’s not necessarily job-related.

By: RainyDaySaver

RainyDaySaver — Wed, 14 Apr 2010 02:16:19 +0000

Sam,

I’m very lucky to be able to say I’ve never been unemployed in the 12-plus years I’ve been in the workforce full time. However, the publishing industry has taken a beating in the past year and a half, so the possibility of losing my job is something I think about often. My suggestions come from the experiences of friends and acquaintances.

By: Daddy Paul

Daddy Paul — Tue, 13 Apr 2010 02:21:42 +0000

This is good advice. One point to add is do not let yourself get down. It will show up when you interview!

By: Financial Samurai

Financial Samurai — Sun, 11 Apr 2010 22:33:57 +0000

Hi Nicole, thnx for your article. Are these tips and suggestions for when you were unemployed in the past and what you did? Or, are they suggestions on what you would do?

I think i’d go on vacation for 3 months if I was unemployed and think up of entrepreneurial ideas.

thnx,

Sam

By: Little House

Little House — Fri, 09 Apr 2010 23:43:58 +0000

I love the idea of alternate income streams, especially passive income. My husband and I have been working on this these last few months. It would be great to get to a point where we make money while we sleep!

By: FinEngr

FinEngr — Fri, 09 Apr 2010 18:50:32 +0000

Don’t forget to appreciate how fortunate you are. In some cases, being unemployed in a developed nation can beat being employed in an undeveloped country.