Recently, I lost my job as a contractor for a federal agency where I worked as a Management and Program Analyst. I loved my job, my office, and my team. It was fulfilling to handle complex problems, and I gained a great deal of satisfaction from this job.
In October 2023, I became a homeowner again. I was lucky to live in a rental with below market rental rates, which helped me to save quickly. Working from home also saved me commuting costs. I have no credit card debt, and my car is paid off. I live within my means. However, I’ve lived in my home for 1 year and 4 months, and I haven’t had enough time to rebuild my savings after buying this house.
This sudden horrible mass layoff will have a cascading effect. First, I can’t pay my mortgage, and it will take me longer than 6 months to find employment. When foreclosure starts, I have to pack up a home I just moved into and go where? By the time the foreclosure starts I will be completely broke. I will eat through what little savings I have, and it will just continue to spiral. The job market will be saturated with others affected by the mass layoffs. Many of us are competing for the same jobs. I just need more time to find work even at a reduced salary to get me through this challenge. I am too old to have this continued path of starting over financially. I’m devastated and I’m so hurt at losing a job I was good at, a job where I was well liked, a job where my colleagues submitted compliments to my contracting company on a regular basis. A job that had my branch chief in tears after learning she lost me. Just all gone. I once again am feeling the kick in the gut by life all because I simply did not have enough time to rebuild my savings account. Look at how vulnerable we can easily become. With the stroke of a pen, it’s all gone.
In the past, I overcame hardships with help from friends or by taking on part-time jobs. I don’t have time on my side. I’m not in my twenties. Every financial setback at this point affects retirement, and how long I have to pay off my mortgage before retirement. I had a plan, and I was moving in a positive direction until circumstances beyond my control intervened. I can’t even apply to other federal agencies where my skills will be a direct match because of the hiring freeze. Another situation beyond my control. I applied for a permanent position early 2024, and I did not get the position. Get this……….had I gotten that position I would be in the probationary period, and I would have still been laid off anyway.
Let me share something I learned from my mom, and it’s something I still practice. Every Sunday my mom prepared a large Sunday dinner and sent plates to all the seniors in our neighborhood. Someone asked her why she did this, she said, “If my child is in a dangerous situation, gets hurt, and I can’t get to her, my kindness will be repaid, and someone will find and save her.” This is how repaying kindness works. In memory of my mom, I promised that if any friend or family member needed financial help, I would always provide it as a gift without ever expecting repayment. I was able to help friends and family in this way, bringing a little peace of mind to whatever hardship they were facing. This holds especially true for me today. If I receive any help and once I am employed, I will pay it forward. I believe in karma.
I’m humbly asking the community at beggingmoney.com for $22,793.16 in assistance to cover my mortgage payments for 12 months.
My PayPal link is PayPal.me/virtuallylinked
Thank you for you for reading my story.