“Did you know somebody was laid off? Two of them.”
This wasn’t the first time I heard this. But I pretend I didn’t know because I’m more annoyed and don’t want to show it.
Ever since the price of oil went downhill there has been massive layoff in Calgary; and where I work has the same story but in small group of probably unsuspected employees who thought that their is security in jobs not falling into the oil and gas sector.
This only proves that NO ONE is indispensable in a company.
Even CEOs are replaced once the company didn’t do well. High paying jobs equals high risk.
I don’t consider my job as a form of SECURITY.
I’m looking forward to the day of having financial independence. I don’t have to worry about the economy.
We all hate the idea that our future lies in the hand of someone.
I knew from the first day of work if I want to work for a company for a long time. If not, I’m already looking forward to the day I will hand over my resignation paper. (I think I did it six times already. I’m itching to write my seventh resignation letter.)
I don’t want to hear someone saying the date of my last day at work.
It’s OFWs worst nightmare to lose a job when you have tons of bills to pay and send remittance . . . and for others send balikbayan box.
So What Should an Employee Do?
While still working, I plan to find ways to create side hustle.
I recently discovered Side Hustle School by Chris Guillabeau who also wrote The Art of Non-Conformity (I listened to the audiobook) and $100 Startup (I’m yet to borrow it in the Calgary Public Library).
My favourite episode so far is about the Saddles for Pet Chickens. Really? Who would have thought to have a chicken and put on a saddle. Well, we are different in many ways. And it turns out, money grows out of necessity.
Side hustling is one of the reasons I created this blog although I already have other blogs to focus on. I would like to share my journey to you. Whatever works or not, you’ll find out.
And while at it, I’ll be waiting for your stories. Your adventure to financial freedom. Isn’t it nice to never fear the word layoff. EVER.
Or if it happens, you can walk away and conclude that it’s a sign to focus on your passion that you’ve been putting off: gardening, volunteering, travelling, knitting etc.
I was getting stress out with my coworker’s news that I ate the desserts with gusto at work. This is one of the perks: having food allowance but taxable.
I’ll digress a bit. (Maiba muna ng usapan.) The food allowance is added to the gross income as taxable benefits. It’s one thing I learned in reading the payslip and you should to.
Find out what are deducted and for what reason.
As much as I wanted to end this post on a sweet note just as the desert I had, all I can say is let’s make the layoff in Calgary or wherever you are a LESSON. It’s a harsh reality that any employed person may experience.
Focus on making money work for you, NOT you working for money.
How about you, what are you doing to earn extra income and not rely on an hourly salary? What’s your fear as an employee?