Can't keep a steady job

Discussion in 'Rants, Musings and Ideas' started by Ferret, Apr 29, 2015.

  1. Ferret

    Ferret Well-Known Member

    Hi all,

    I've been living in a small city for the last 7 years. During that time I've had nothing but shaky employment. I have an IT background and am a registered 2nd year electrical apprentice, but that doesn't seem to be good enough to make a decent wage. I was working for an engineering company for 2 1/2 years doing IT support on an oil project here, but things started to slow down and I was laid off. During that time I bought a house, well a rental property for $245K in an ok part of town. I'm beginning to realize that maybe this wasn't such a good decision, to have such a high mortgage with such abysmal job prospects. I was hired for another IT job 3 months ago and was under a 6 month probation. My boss came to visit today so I knew something was up. Apparently it's not as busy here as they thought in regards to business so they had to let one person go, that person being me. I don't know what to do now going forward. I'm currently renting my basement while I live in the basement apartment, so the $900 rent covers most of the $1550 a month mortgage. I've thought about moving but I know I can't without landing a job first. I also have a pet that would be extremely difficult to move with me in the event I decided to. I applied for unemployment benefits when I was laid off from my job last year and was cut off when I started my new job. Now I only have one month left on that claim, and not enough hours from this job to qualify for another claim.

    I feel like this house is a massive weight on my shoulders. I suffer from anxiety trouble and often can't sleep at night thinking about what would happen if I had to move and couldn't afford to keep this house anymore. My problem is that I can't find stable work. None of my other friends seem to have this problem, but they are not in IT or doing a trade either. My car isn't working now either so that's going to make it even more difficult to look for a job. Any advice on what I should do? I know I don't deserve to be in this situation. It's not like I was slacking at work. Sigh
     
  2. ChestnutMay

    ChestnutMay Antiquities Friend

    I can understand why you're so worried right now - you've got a lot going on. Is there any way you can rent more of your house out? Can you sell it and live on the equity until you can get another job? I know you're reluctant to move because of your pet but I'm not sure I understand why it is so difficult to move with that pet - many apartments allow you to keep pets now. The thing is: it's much better to sell the house than have a foreclosure on your record. Another thing - if you do sell it, you might be able to continue staying in the basement apartment by paying rent. A preexisting renter sometimes makes it easier to sell a house.

    I'm really sorry you're going through this. It is very difficult to be in IT these days and it must be very demoralizing to know you're in this bind despite working hard and trying to do all the right things. It is our changing economy, and no reflection on you, though.

    Hopefully you will be able to get another job soon, though I totally get the fact that transportation problems are going to make this difficult. I don't have a car at all right now and it is an enormous pain in the neck. Check out this website: https://www.modestneeds.org/ This is a place that puts donors together with people who need money to fix specific things - people often post needing help with car repairs. You might be able to get some help that way.

    I hope things straighten out soon.