The following is a guest post…
Due to the prevailing uncertainty all over the world, to remain certain about the job you have right now is quite impossible. Despite of all your goals and skills, it is entirely possible that you could lose your job when bad times arise. Besides this lay-off threat, switching your career can also be tricky to handle. Thus, to manage both of these risky situations, one has to keep a few tips in mind, which are as follows:
Tip # 1: Keep Emergency Funds
One should be prepared with emergency funds so that in case of being laid off from the job, one has sufficient funds to survive. Do not waste your time and start saving from today, as you do not know what will happen next.
Tip # 2: Make Yourself Valuable
Keep in mind that the only thing which will help you out when you will not have any job is your skills and knowledge. Based on these skills and knowledge, you will become more valuable for current and future employers. This can help prevent being fired or in case of mass layoffs, then it will be easy for you to get another job.
Tip # 3: Expand your Professional network
Expanding your professional network will help you in getting a highly paid job in the market. You may be wondering why this is important. Here you should not forget that many multinational companies prefer referral hiring and in such a case, you professional network will prove helpful for you in getting a better job. Besides this, if your network will be strong then the chances of losing a job will also be rare.
Tip # 4: Insure your Career
Different types of insurance plans are available these days, which can be considered the best to save the policyholder in worst circumstance. Career insurance policy is one of them, which is the best tool to secure your career with ease. Many people consider this insurance plan as the best source of a safe landing in case someone pulls the rug out from under your feet. This means that the experts of this insurance provider manage to do everything that is required to eliminate the risk of job loss in future. The best part is that a career insurance policy shares your financial burden when you either lose your job or are planning to switch your career. Thus, you can say that this is the policy, which offers you a peace of mind when you have no source of earning.
Tip # 5: Turn Your Hobbies into Second Income
These days, it is becoming increasingly advantageous to have multiple income streams. One way of doing this is to try to turn your hobbies and passion into a paying side hustle. For example, if you like playing with colors and images then you can do different professional certifications and courses of graphic designing to make it your other income stream in case of any emergency.
Tip # 6: Keep Promoting Yourself
These days, promoting one’s skills is quite important to get the best opportunity. Thus, you must focus on your skills and achievements promotion. For this, the best is to make accounts on different social media sites and stay connected with other people to promote you efficiently.
About the author: Jon Emge is a Senior Advisor and Content Manager at www.Lifequotes4u.co.uk. He is a published author and has assisted and advised clients on personal finance. In his spare time he enjoys listening to music, going to the odd festival and practicing his poetry skills!