No one wakes up and thinks today is the day I get fired, or that today my boss will shut down the company. But these shocks happen daily and the pandemic proved that even the most basic of service industries are exposed to closure and ultimately failure. So, being a self-reliant individual, you need a plan for when you get fired. Not if, but when. We discuss the idea behind having multiple lines of income and the rationale behind having a preparedness plan for income. We finish off with a five step program to developing your plan, your financial cushion. What will you do when you get fired? Having a specific, defined and rehearsed plan to pivot to a new occupation will provide the blanket of insurance required to be bold in your work, knowing that if it all goes down, you have a strategy to bounce back. You're worth the investment.
