Simply Thrifty

Jobless But Not Penniless

by Noel on October 9th, 2006

Being unemployed is such a bad status. Being unemployed and broke is worse! Just before you run out of funds for the bills after getting that lay-off, here are some ways you can save your savings and your face while undergoing the in-between employment phase that you hate the most.

1. Cut it out with some unnecessary expenditures.

If you still spend the same amount of money you spend when you still have your 9 to 5, chances are you will blow away your savings in no time. Minus gas expenses, parking fees and frequent lunch outs, you should be doing just well if you have a decent savings account that is. If you can kick away your smoking or java cups, the better you will fare with your financial management feat. Search for the best deals.

2. Lower your energy bills.

Since you will be staying more at home, chances are your energy bill will go higher than when you were still working. But you can still make things in control by making sure that you use your phone during off-peak hours if it’s not an emergency call.

Read more energy bill and phone bill saving tips.

3. Make the most of your free time.

Time is gold, yeah? And when you are unemployed, you have lots of it.  One way to maximize your time when you don’t have to wake up early the next day is to use your time instead of paying for stuff that will buy you more time. Got it? One example from is to walk or choose train over a cab if you can. Also, comparison shopping can be done more often and more conscientiously now that you don’t have think of your office work while doing it.

4. Entertainment doesn’t have to be expensive.

You don’t have to deprive yourself of some entertainment even when you now can’t afford going to clubs every other night. Video rentals, museums, exhibits and other less expensive forms of entertainment abound. Your spouse or boyfriend/girlfriend can be of great help in this endeavor, too. Hehe..

And don’t forget to reinvent yourself while undergoing this dark life in your career. Learn a new lingo, volunteer, and keep vamping up your CV. You can even turn it into an awakening stage, learning new skills or untapped talents that can make you succeed in your work life or even others aspects of your personal life soon. And if you think you are loving not having anyone to boss you around, why not put up a low-cost home business?

(image from salvationinc.org)

Share This

Related Stories

No related posts

POSTED IN: Easy Entertainment, Finances, General, Simpler Thinking