How to Prepare for the Unexpected

Thursday, February 20, 2020

Unexpected events happen. There is nothing we can do about that. In life, you will be happily minding your business, then suddenly whack a bombshell and everything changes. Obviously, there are levels of unexpected events, ranging from a bill you were not aware needed paying, to a home foreclosure, redundancy, or death in the immediate family. All of which can have a devastating effect on your life. The path you thought you were on suddenly veers in the opposite direction. Things will happen, and the best you can do is try to mitigate the effects by preparing financially, mentally, and physically even, for these things. 

One of the best ways to help you in a bind is to ensure that your finances are in order. Things cost money. If you are in debt, for example, the stress of having to find $2000 for something or other, is going to be a lot to deal with. So, ensure that you are not in debt, or at the very least, have a working and manageable plan to get out of debt. The last thing you want is to be spiraling deeper into debt. Be honest with yourself. Learn to live within your means, and be aware of your spending and save. If you have a rainy day fund when those nightmare situations arise, you have a cushion to fall back on, and this will relieve a lot of stress.  

Acceptance in this context does not mean dwelling on the worst-case scenario to make sure you are emotionally okay when big things happen. It means having the ability to control how you think in a way that allows you to accept big changes when they occur. You need to know that things do change, so be aware of that, and when they do, you will find a way through. Do not think that things are static and will remain as they are now forever. They won’t. You may even find that it is you that changes and you want to do something else. That makes you the unexpected event, but you may fear change, and don’t know if it is the right thing to do. There is no right way, only choices.   

What can you do to improve the situation?
If you have developed the idea of acceptance, doing the right thing will be easier for you. Do not act irrationally if something big happens. That is the last thing you should do. If your home is being foreclosed upon, for example, you do have options. Do not rush into making a decision and burn your bridges. You can ask for an extension, for example, but you need to be smart about how you do it. So, think before you act. That is an absolute must. If something else has befallen you like a divorce, you need to think about yourself. It would be beneficial if you thought about hiring Family Law Attorneys who will be able to help you through the process.

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