It feels like we all got a crash course in uncertainty over the course of the last year. March 2020 seems like a very long time ago now, but if you cast your mind back to those early weeks of the pandemic, many of us were still operating under the assumption that things would go back to normal after a month or two. Sure, things seemed bad, but this whole thing would blow over and we’d be back in the office in no time.
Here we are in summer 2021, and things are only just starting to get back to normal. But we have all learned to take steps forward with a lot more caution. And that doesn’t just mean making sure that we are wearing our facemasks, taking our hand sanitiser out with us and keeping one eye on any new variants. It means recognising that there are going to be events beyond our control and that any buffers and strategies that we can put in place now will make things easier for ourselves, our businesses and our loved ones. If you are trying to think of techniques that you can use to prepare for this uncertain future, here are a few tips to help.
One of the most important steps that anyone can take in preparing for an uncertain future is getting their affairs in order. Start by creating a detailed monthly budget to get a handle on your outgoing expenses. You need to have a record of every outstanding debt and loan repayment, from mortgages to sofas. The pandemic has left us all in a bit of a freewheeling state of chaos when it comes to the monthly budget, but if you want to prepare for the months and years ahead then having a clear idea of what your financial situation is will make a huge difference. Once you have a handle on that, then you can start to look at which costs can be cut and start working on a cushion.
Think About Expanding Your Skillset
Over the course of the pandemic, many of us found ourselves taking a good long look at our professional skillset and wondering how much trouble we would be in if we had to look for work. Many of us were made redundant and had to answer that question. There is no question that the job market is incredibly competitive right now, even as it starts to bounce back.
If you are wondering how you are going to stand out from the crowd, proactively looking for ways to boost your skillset is a great option. There are so many different online courses to choose from that can help you develop in areas from marketing to accounting. With more and more businesses embracing digital as the new normal, any work that you can do to improve your skills in those areas will stand you in good stead.
Make Sure You Plan For A Rainy Day
We mentioned that many of us found ourselves out of work during the pandemic, and many more had to suffer through weeks and months of furlough time wondering if there was still going to be a job for us by the time the scheme ended. There is never a good time to lose your job, but with the right planning you can at least soften the blow.
Income Protection Insurance is an invaluable plan to have. You can have up to 70% of your gross annual salary covered in the event of unemployment, and the policy can also cover you in the event of an accident or illness that means you are unable to work. This can help you keep yourself afloat during an incredibly difficult and stressful time and make sure that you are your family are covered. Drewberry Insurance has resources that can help you see if Income Protection Insurance is right for you and to help you see what kind of a quote you could be looking at.
Don’t Be Afraid To Ask For Help
We’ve all heard the wisdom that hey, it’s all about who you know. Well, while having connections may not guarantee you that job or mean that you’re sure to have financial stability, there is no question that having a good professional network can put you one step ahead. Don’t be afraid to reach out to your contacts to find out how they are coping in these uncertain times, and if they have any pointers for you. If you are thinking of changing industry, it’s always a good idea to get the lay of the land from someone who is already there.
But asking for help isn’t just about asking what potential employers are looking for on a CV. This year has been brutally hard on our mental health, and it has made planning for the future sometimes feel completely overwhelming. If you are struggling, you must never be afraid to reach out and tell people how you’re doing.