Jakarta, CNBC Indonesia – Gunung Agung Bookstore announced that they will be closing permanently at the end of 2023. And as you know, all employees of outlets that have closed have been laid off, aka layoffs (termination of employment).
“Employees who have been in shops (which have been closed) are what we have completed and have been sent home, we have agreed with the employees so they have received their rights so later it will only be left at shop 38 (Kwitang) who have not,” explained Noor as quoted second.
Noor also said that employees who were still working at the last outlet (Kwitang) would also be laid off after the stock at the outlet ran out.
As is known, losing a job is something that has the potential to burden our financial condition, because expenses for daily needs will continue and increase.
So what can we do so that we can survive when there is a threat of financial problems going forward? Here’s an explanation.
Disburse BPJS Employment JHT & keep expenses
Disburse BPJS Ketenagakerjaan Old Age Security (JHT) immediately if you don’t have any savings. JHT money will function like an emergency fund that is intended to cover your living needs every month.
Make sure, before you withdraw your BPJS Employment balance, you must prepare important documents such as:
– BPJAMSOSTEK Participant Card
– Saving book
– Family card
– Documents related to your employment (Certificate of Stopping Work, Letter of Work Experience, Letter of Employment Agreement), or Letter of Determination of the Industrial Relations Court (PHI).
– NPWP (if any)
These documents must be included when you submit a benefit claim. Although it will be provided in photocopies, you must show the original version.
When the funds are liquid, be wise in managing finances in situations like this. Reduce spending that is desire or lifestyle, and focus on basic needs and mandatory.
Always remember that JHT BPJS Employment money can also run out if you don’t get a job.
Check your debts
Debt installments which are passive expenses that must be paid every month. Any delay in paying off debt can of course result in fines which can increase your expenses in the future.
If you intend to pay off debt when you lose your job, like the artist Andhara Early, paying off a mortgage, make sure you have enough savings.
If there is no savings, and you depend on JHT BPJS Ketenagakerjaan money, negotiate with the creditor so that there is a debt relief solution that can be obtained.
Postpone things related to entertainment or lifestyle
Lifestyle expenses will only add to your monthly expenses, and the greater the expenses, the faster your savings will be depleted.
Therefore, when you don’t have income, postpone things that are only related to lifestyle matters, for example, vacations, shopping, and so on.
Focus your spending on things that are basic needs.
The world will continue to grow, so will technology and business. Without development in ourselves, especially in terms of knowledge, skills, and so on, then the job opportunities that we can get in the future will also be less.
Take advantage of the free time to learn new things while you look for a new job for your finances.
God forbid you get laid off, immediately do these 4 things so you won’t be poor