NAVIGATING A JOB LOSS IS NOT AS HARD AS IT SEEMS, BUT YOU SHOULD START EARLY

The best time to mend the roof is when the sun is shining, not after the rains commence. There is so much wisdom in this one sentence that it needs careful reflection. People expect life to be a smooth, sedate, upward ride, but it is anything but that. In fact, every facet of life has its ups and downs - sometimes, they are positive and at other times, they may be challenging.

- SURESH SADAGOPAN

Contingencies

But a challenging event or a situation should not completely disrupt our lives. If planned well, a setback like a job loss can be taken in its stride and even set the stage for future prospects.

Another such contingency is medical expenses for the elderly without insurance, infirmity and home care for elderly, assistance to someone in the family due to an unforeseen event (like an accident or death), need to stop working due to medical conditions, a sudden change in goals requiring additional money (like a child opting for medicine instead of engineering in college).