It’s not something in life that any of us like to think about, but sometimes disaster strikes without warning. It could be that you lose your job, you suffer some sort of injury or there is a break in at your house. If the worst does happen, you need to have a plan of action in place to be prepared. The people who are most prepared are best able to respond should the worst happen.
Here are just a few ways that you can ready yourself should disaster strike you.
Imagine the types of scenario that could go wrong in your life and how you would respond to them. For example, if you have a break in, you would need to make sure you have the right contents insurance so your most valuable possessions are covered financially. If you get injured in an accident, you should have the number of a good injury lawyer on file and also be prepared financially for any loss of earnings. Ultimately, if you are prepared for any scenario, you will be ready for anything.
When a disaster happens, people are often hit financially. The first thing that you need to focus on is paying off your debt as this can build up quickly. After that, it is worth setting up a savings account and putting a certain percentage of your salary into it every month. This may well be the money that you need to live on at some point in the future. Try to think about other areas of income that you could start up. Many people are getting involved in the ‘sharing economy’, renting out their spare room, storage space, driveway, household items, clothing or car. You may well be able to start up some kind of freelance work on the side. Having another source of income can take some of the pressure off being solely reliant on one.
If you have a wide network of people you can rely on when times get tough, you will feel much more secure. Obviously, this will begin first with your close friends and family who will probably provide the most direct means of support. But it’s also good to have a wide network of contacts. For example, someone you can contact if you need a job urgently. The wider your social network, the more likely it will be that you have someone you can contact in the event of a sudden change of circumstance.
Obviously, it’s difficult to know exactly how you will respond mentally if a disaster strikes. But it’s easy to end up letting your mind prevent you from recovering. If you go in with the mindset that you are going to overcome whatever challenges life throws at you, you will bounce back quickly and be ready to get back on track.