executive coachSince the 1980s, mass layoffs have been a common practice for struggling companies. Unfortunately, if you are one of the unlucky ones, losing your job can throw your life into a whirlwind.

While being laid off might seem like the worst thing to happen to you, you have to be able to pick yourself and keep going. Let’s take a look at a few ways you can cope.

Step Back and Regroup

One of the first things you should do is take a look at what happened and figure out what your next step will be. Dwelling on the past isn’t going to do you any good; it’s time to come up with a plan. Decide which jobs you want to apply for, and maybe try something completely different from what you’ve done in the past. Who knows, this could be an opportunity for you to go for something you’ve always wanted to try. The unfortunate layoff might be your key to getting out of a job you might have felt stuck in. Today the average person changes careers 10 to 15 times during his or her lifetime, so it’s pretty common for new opportunities to open up.

Consider Your Finances

Losing a job may mean that money will be tight for a little while. Take a look at what you need to get by and use your money for that. Designate a certain amount of money for gas, food, and other essentials. Unfortunately, you may have to give up on dinner with your friends for a while or say no to that concert that you had hoped to go to. You won’t have to give up on things forever, and soon, everything will fall back into place. For now, though, you’ll need to set a realistic budget and prioritize your spending.

Don’t Give Up

After a layoff, it’s easy to get down on yourself, but whatever you do, don’t give up hope. Tomorrow is a new day, which means new opportunities are just around the corner. And you don’t have to go it alone! Talk to an executive coach about your career directions, as they will be able to give you some insight. The executive coach might even be able to suggest some jobs to apply for if you have to change careers.

If you find yourself in a position where you’ve been laid off, it’s okay. Talk to an executive coach about life skills and life coaching as a way to get you through the tough time.