Life has a tendency to throw curveballs at you, some of which are completely unexpected and unavoidable. Losing your job, getting into a car accident, or going through a divorce are some life situations that most try to avoid.

However, we are completely helpless and have no control over these situations. The best way to combat these occurrences is to always be prepared.

Here are some unexpected situations that one may face at some point in their life:

Getting Fired

Getting fired and losing your job is a nightmare for those who live from paycheck to paycheck and struggle financially.

If your job is your only plausible survival instinct, it can take a major toll on your financial status.

Even if you are skilled and good at your job, you may be laid off due to your company’s loss. Irrespective of the reason, you are bound to suffer due to the loss.

How to prepare for it: Start saving. Set a specific amount of money aside every month to help you get through a rainy day. At the same time, build your skillset or learn new skills to increase your market value.

Even if you lose your current job, your skill set may help you get a job in some other company or even an entirely different discipline.

When you find yourself in this disastrous situation, get your senses together and start applying for jobs instead of being sad or miserable. Buckle up your boots and try to find a job before you run out of savings.

Sudden Illness

Your physical or mental health can suddenly act against you. It not only affects you physically and mentally but also puts your business and work in danger, which could lead to a minor to major financial loss.

While mild to strong symptoms declare a medical emergency, there is no way to detect an underlying issue during the initial stage. It could even result in permanent health issues or death.

How to prepare for it: While underlying medical issues cannot be detected without concrete symptoms and signs, it is necessary to get yourself tested once in 6 months.

Basic diagnosis like blood and urine tests, along with a general medical checkup is advised. Certain basic steps like eating healthy food and exercising every day is also key to sustain your physical and mental health.

At the same time, buy medical insurance to avoid large medical bills. Also, make meditation a daily habit. Try to meditate for at least 10 to 15 minutes every day to maintain your mental health…
 
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