I lost my job and I need your advice PLEASE!
I really need some help and advice. I just lost a job that I have had for many years due to the economic downturn that we are faced with. I am just devastated. This was a very high-paying and upper management position that you don't just stroll into off the street. My husband still has his job, thank god, but his income is no where near enough to keep our house afloat. I am going to get $275 a week from unemployment. That might pay for a few groceries and gas at best in our household at this time. I honestly don't know what to do. I have two girls, ages 13 and 15 who are the loves of my life. We are a close-knit family and the girls have pretty much had everything they needed and then some. Clothes, shoes, sports, ballet, etc. That is how well our household has been doing all these years until now. How do you tell children about a job loss that is so significant that it will change their world in a huge way? I am not sure how long it will take me to get another job like the one I've had. I am 100% certain I will not be able to recover my old salary or come close. This is going to mean some serious crackdown on expenses and I need to know if anyone has advice for me at this time. Do I say something to my kids or try to just do the best I can? Do I take all the activities and such away immediately because it makes sense to do so or what? I am so sad. I know my girls are compassionate and will understand that things might be rough now but my heart is literally breaking at the thought of how much they will have to give up because of me and the job loss. Please, any advice would be great right now. I just do not know where to start or what to do first. We have a house, bills, car payments, the works. I'm afraid we will lose much of it and also create havoc with saving for the girls college. Anything we have them participating in right now looks like it will have to be stopped. PLEASE HELP!!!
-A Very Sad and Unemployed Mother of Two