How I Lost My Job And Ended Up In Debt

My life was blissful! I had the perfect job, the perfect house, in short the perfect life. I was working as a software engineer in one of the top multi-national companies of the world.

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Being the eldest at home, I had the full responsibility to support my family financially and I was doing it successfully. I had bought a house for my parents, a new car for myself and all the necessary equipments for a luxurious living.

I was engaged to the love of my life and was about to get married in a month. My life was going very smoothly and I was content. In all this, I had never imagined what life had in store for me.


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It was a cool morning and things seemed as usual. I got ready for office and sat down for breakfast. I had a habit of reading newspaper while eating. The news on the front page took my breath away. Recession! This was a nightmare for all working people. Should I be worried? But why? I was doing very well in my projects and there has not been a single complain against me ever.

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This relaxed me a bit. Hoping for the best, I left home for office. As soon as I reached office, I faced a very difficult situation. Many of my colleagues were terminated from their jobs. Some were very close friends of mine. I had a very tough time seeing them all leave. As the days passed, this process continued and there were a lot of terminations. I started feeling uncomfortable and a fear of losing my job crept into my heart. And the worst of my fears became true eventually. I was terminated! Doom had befallen on me. I was completely shattered.

Sitting at home I tried finding vacancies anywhere possible. But it was of no use. There were no jobs available. As the time passed, all my savings were coming to an end. I had bought all my property on installments and I was unable to pay anything now.

The banks were after me. If I did not pay them back, then they would have taken away all my property. In this situation, I wanted the support of my fiancée, but to my horror she broke our engagement and in the next few weeks she got married to a rich businessman. That episode of my life left me completely broken.

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Now, there was no electricity at home and most of our belongings had gone into mortgage. Conditions became worst with time. I started getting threatening calls from the people I had taken loan from. My life turned into a nightmare. There were visits from goons who smashed whatever they found at my home. Fearing for my parent’s safety I sent them off to village.

At this point of my life, I wanted to start afresh with no old memories. I wanted a new identity, a new me! But that was impossible.

At that time my father came to my rescue. He had sold a land property we had and with the money I was able to pay back most of the loans. Today I am going for an interview and I hope to get the job!

Resources:

http://www.wsj.com/articles/wsj-nbc-poll-finds-widespread-economic-anxiety-1407277801

http://www.foxbusiness.com/personal-finance/2014/02/18/consumer-debt-rises-that-good-and-bad-news/

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