Why You should Always have a Back up Plan

Because something goes wrong.

Life is unpredictable and unexpected things happen all the time.

We plan out our lives and everything looks great, but suddenly unexpected situations can arise.

We might not know what is coming our way, but we can always be ready for the unexpected.

Having a backup plan is very important.

Covid-19 has taught us many meaningful life lessons but most of all what it has taught us is to have a backup plan.?

When the pandemic hit suddenly, the world fell to its knees and financial losses nearly sunk the economy of many countries.

Industries were closed down for months due to the lockdown and manufacturing sectors were affected the most. People lost their jobs and financial stress surrounded the world.?

In situations like this, when you are on the verge of losing your job or business, it is extremely important to have a backup plan so you can survive in the toughest times too.

?Financial stability is very important whether the economic condition is good or bad, and it works as an essential backup plan in different scenarios.

Instead of relying on just one source of income, you can widen the possibilities of your earnings.

Having a good and strong backup plan, whether it is about your career or financial stability, is going to help you every time.

Disclaimer: The information on this POST is not intended or implied to be a substitute for professional advice. The opinions expressed within this article are the personal opinions of the author. All content, including text, graphics, images and information, contained on or available through this article is for general information purposes / educational purposes only, and to ensure discussion or debate.

Thank you?…. Emergency Fund Is A Must

Any adverse situation can come in life without advance notice. All we need to do is stay prepared so we do not stumble. An emergency fund is an essential part of our lives that we usually overlook.

Having an emergency fund is a different kind of financial and mental strength.

Emergencies can knock at our doorsteps anytime and fetching funds from savings in adverse situations can dig a big hole in your savings pocket.

The best way to keep safe your future savings is to have an emergency fund. This fund can be helpful in any kind of medical, legal or educational emergency.

Saving a huge amount of money isn’t an easy task.

It takes a lot of hard work, dedication, and time. Instead of just an active income, one should also have a?passive income?that will help you stay put in adverse situations.?

An active income is your regular job or business whereas passive income is the second or extra income that you earn from doing other jobs besides the primary one.

Primary income can help you to get financially strong. A strong backup plan will not only keep you going but will also help you to cope in the bad times.

An emergency fund is nothing but a backup plan for you and your family.

Do you want to add a word or two?

Health and Wellness are the priority.?

As the Coronavirus hit the world, many people lost their lives and people lost their loved ones suddenly.

A pandemic that has been the reason for millions of deaths around the globe has not only awakened us to the fact that health is more precious than anything, but has also taught us an important lesson about wellness and cleanliness.

Those who have suffered from the grave disease and fought it are still facing the consequences and side effects of Covid-19.

This has taught us the most valuable lesson of keeping our health a priority.

Everything is directly proportional to health after all.?

Your Comments …..

A healthy body is very important for a healthy mind. You can always have a backup plan by spending or investing in health insurance and other heal related policies. After all, health is our priority.

Prioritizing Relationships

This lockdown has been tough for many of us.

On one hand, where people were?working from home, some were stuck away from their families in different cities.

We have learnt another important lesson in the lockdown. No matter what, family and friends are important and they play a vital role in our life and mental health.

The times were difficult and still, we have to face a lot, but the pandemic has taught us how crucial it is to have friends and family. It has also strengthened relationships.

People who have been working from home gets to spend time with their family. They get time to have breakfast and lunch with their families without any hurry of arriving office on time.

Even though we are maintaining social distancing to fight the pandemic, people have been connecting in the lockdown through calls, video calls and all other possible resources.

Thanks to technology.

They cared for each other and want to know the well-being of one another.

This year has taught us to value our relationships with our friends and family.

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