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Seems that while economists are saying we're turning around, the job losses seem to be continuing.  So what happens when you loose your job in the middle of your debt elimination planning?

First things first.  Revisit the budget just like you did when you started. Decide how long you can survive on unemployment benefits and emergency funds at your current level of spending.  You'll then need to evaluate your skills and the market place.  Will you find a job before the funds run out?  If not, it's time to cut back again. 

Put together a plan B now rather than later.  What are your options if you can't find work quick enough.  Will you have to sell your house and move?  Do you have relatives who can help?  Start looking for free resources now.

Start your job search.  Get help with your resume writing from the web or from Human Resource professionals.  While you are creating your resume, take stock of your skills, knowledge, and attributes.  If you find that you are in need of retraining, look for free programs sponsored by your ex-employer, the government, or local community colleges.  Use this time to upskill while you are interviewing.

Go to the library and read up on interview questioning.  Using the resources at the library is free!! And, don't forget most libraries have internet access where you can post your resume online and search for jobs.  You will want to be prepared to answer the questions presented in any interview confidently. One of the questions often asked is what are you doing with your time now.  When you tell the interviewer that you are learning new skills or polishing up some old skills, you will certainly make an impression.

Now go out on interviews to practice your answers and get over the jitters.  Many of us have not interviewed in years, so a little practice helps a lot.  If you need some practice before you have an interview, practice on friends, family or colleagues.  One great thing about practicing with your "sphere of influence" is that you put the word out that you are looking for work.  Let your friends and family help.  A dear friend of mine just got her dream job after being laid off for months.  It was her father-in-law that heard about the position and emailed her.

Take stock of your wardrobe and ensure your best interviewing outfit is clean, pressed, and repaired.  If you find your lacking something to wear, borrow from friends and family.  When I went on my first interview after being laid off, I borrowed from my mom's closet.  

I suggest you surround yourself daily with positive messages and other inspiration.  People want to be around positive people and employers especially want to hire positive people.  Don't play the blame game or allow yourself to wallow in self-pity.  Find the silver lining for you.  

Finally, while you're looking for that silver lining, you might discover a new direction.  If the job search is going to take some time, find other avenues for income.  Sell something, write something, get involved in your community and charity work.  The networking opportunities are great.  Join meetup groups and network.  Doing so not only increases your visibility, being around people will give you a lift and fill you with energy and confidence.