The COVID-19 pandemic has caused severe and extensive damage to many people’s finances. Worse still, financial experts say the financial and economic effects could persist long after the pandemic ultimately subsides. It’s going to take some time for life to get back to what we would call normal.
Aside from the obvious medical issues, the pandemic has shown us this – how an unanticipated event that is entirely out of our control can instantly knock us out. Emergencies are going to happen and we should always be prepared for crazy events in life. But for most that is not the case. They know these things are going to happen, but they don’t prepare for them.
There is a solution to the problem though, and it begins with addressing what you can do right now, in the moment. You don’t have to be left helpless by a negative life event. You can be prepared if you take the right steps.
What are those steps? Here are seven things you can do to be prepared as possible when life circumstances impact your income.
While the stock market is known as the great creator of wealth, it’s not the best investment you can ever make. It’s also not land, rental properties, CDs, bonds, or commodities. None of those will bring the level of return needed to really succeed in your life, in your career and with your finances.
It’s a valid path to pursue, especially for those who feel like they’ve hit a lull within their jobs and want to try something different. Starting your own business is a wonderful option when you’re ready to branch out. However, it’s not without its challenges. Done poorly it could blow up in your face and leave you worse off than you are right now.
The point here isn’t to be a discouragement as you chase your dreams. By all means, 
