
Originally Posted by
Anders Hoveland
I found this post on another forum, and it was very interesting to me. So I want to share it here:
Nick writes:
After getting fired or pushed out of nearly every job I had or making bad choices which led to burnt bridges what can I do now?? I can barely get temp work which now requires a Resume & interview with the actual client since clients can now pick and choose. These jobs were in back office type operations & accounting for many financial services institutions even some of the TBTF banks
I have some money from a deceased relative. My savings is about $300,000 and I can probably reopen an unemployment claim and get $302 a week for the next 20 weeks.
I am 36 years old. I have no friends because of the Scarlet letter of U from being unemployed. Yes, in this part of the country (Boston MA USA) you are seen as a moron if you are not working (especially if you are white and have a college and advanced degree). Even career coaches tell me I am a lost cause and that the only way I will ever get a a job ever again is out of sure luck.
Look I admit I (*)(*)(*)(*)ed up over the past few years but also feel like I have always been treated like (*)(*)(*)(*) by coworkers & supervisors. Mainly I didn't feel like I ever fit in.
Also, my expenses are pretty high close to $7,000 a month. I am single, no wife, child or even pet to support. I live outside Boston Massachusetts in a Blue collar cheaper area of the North Shore that still costs $1620 a month in rent. Cannot move because of my horrible credit & no job -- 2 things that you need to get an apartment anywhere.
I am looking at either buying an existing business or going to another city and pretty much try to start over with temp work. At this point pay doesn't matter. I have a BA in Accounting, MS in Finance, 2 parts of the CPA passed but willing to accept $15 - $20 an hour. I just came off of a temp job paying $20."
Someone else on the forum suggested,
"$300,000 can be the startup capital for a pretty profitable business. Whether it's legit or not is up to you. If I was sitting on that, I wouldn't be thinking about (*)(*)(*)(*)ing work. I'm surprised you have an MS in Finance and you don't know what to do with $300,000."
To which Nick responded,
"What exactly?? I hear people say this but in what exactly ?? Believe me I would LOVE to work for myself or buy an existing business.
The whole interview 'process' -- being cross examined by some 20 something 'HR Associate Director' or getting fired because of some trivial matter (note: I always was able to get unemployment, no company ever challenged or contested the claim) or being told that a temp agency can't help me because of sinister information in their database from 2005 is complete BS.
School doesn't teach you office politics, how to deal with many of these holier than thou douchbag assclowns that will make your life hell & push you out if you don't walk, talk, dress or act like them. Anyone who has worked for any financial services company in the northeast should know exactly what I mean."
Concluding Thoughts
Basically this man has 300,000 dollars and university degrees that should be valuable in obtaining a good job. But he is not very motivated, and the fact that only low level poorly paid positions are available at this time does not help. The high cost of rent and housing no doubt also takes away from motivation. This man grew up in Boston and that is all he knows. It would be difficult for him to decide to live somewhere else with a lower cost of housing. The regions with the type of jobs he studied for generally have a higher cost of housing. It would not be easy to move. Lack of job and bad credit history would only make it more difficult to find a place to live.
Obviously, Nick needs to reduce his living expenses. Perhaps moving into a smaller apartment, although admittingly anything cheaper than 1600 per month in the Boston region is going to be very small and unpleasant. He needs to find someone else to share an apartment with. If Nick has determined that he is unable to find a job that he is both able to get, and willing to do, then it makes absolutely no sense for him to continue living in Boston for the next few years. He should find somewhere cheaper in another part of the country. Not working and paying 600 dollars per month is better than not working and paying 1620, which is what he is doing now. Nick needs to do his best to find happiness in a difficult employment situation, and begin to develop relationships. But when one is depressed one often alienates other people around them. Being depressed at unfulfilled expectations will only lead to a cycle that can snowball downward.
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