Jessica Ward was laid off from her job in the Seattle area last December. Like many of us who have been laid off recently, she was initially angry and hurt. But within a few months she came to realize that getting laid off was one of the best things ever to happen to her. Being unemployed gave her the motivation to start a business she’d been thinking about but never acted on, spend some quality time with her kids, and rethink her notion of what a successful career was. Jessica then wrote an open letter to her former boss, which appeared in BusinessWeek, thanking him for laying her off. Among other things, she writes:
We thought this layoff would be a crushing financial blow and opted to hand-make all of our Christmas gifts. They were a huge hit with our family and friends and we spent several wonderful days together as a family creating them. We didn’t at all miss the experience of circling the mall for hours looking for a parking spot. The kids didn’t sit on Santa’s lap at Macy’s but we did run into him at a neighborhood ice hockey game and snapped a photo. I’ll mail you one.
We wrote out our household budget for the first time ever, and we stuck to it. I wrote a business plan to start my business, and my husband encouraged me to restart the freelance writing career that I’d put on hold six years ago when I got married. Now I work only part-time for myself and I write part time. I never commute. My wonderful kids are thriving. And as for that student loan payment I wasn’t sure I could make in December? I paid the balance of the loan off in full in February, three years ahead of schedule.
Throughout my career, I’d never taken the time to live. I’d never shopped for banks or health insurance. I’d never second-guessed my 401k and never taken the time to design a budget for the family. I’d never volunteered in the kids’ classrooms or created a plan more than six months in duration because things might have changed at work.
With no last-minute time crunches at the office, my kids don’t think that food comes from a box in the freezer. We cook food that looks like the way it naturally grew. I have more peace of mind than I can ever remember. I’m reading books for fun; I’m indulging in hobbies and spending time with friends and family. I’ve reconnected with old friends and I volunteer with causes that are important to me.
This is the most rewarding period of my life, ever.
Awesome letter, and an awesome reminder of how we can take down moments in our lives and turn them into something great. Since becoming unemployed, I’ve spent more time with my friends – doing free or cheap things like renting movies, cooking together, or simply hanging out on the couch, started a Hebrew class, and doing more reading. While I’m not thrilled to be bringing in way less money, I’ve also learned a lot about how to manage my finances so that I’m not constantly in a state of panic. If anything, I feel like more of an adult now than I did at my last job.
I hope I can learn from Jessica and others like her who have turned their unemployment lemons into majorly badass lemonade.
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