Having A Safety Net In Finance Isn't A Bad Idea

in LeoFinance2 years ago


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Greetings everyone,

These days the word on the streets is the streets is that if you are a jack of all trades, you might not specialize in anything, limiting your chances of success in the real world. As much as there is an element on truth in this particular statement, it is not always the case since not everyone can be successful in the long run.

This is why I am not a believer in quitting school outright. Although school doesn't teach a lot of valuable skills you might actually use in life, it certainly aids in offering a stepping stone for people who have nothing or no one to lean on in times of crisis. Such individuals can really find it useful to have a career aside their dream goal.

In this case, school becomes somewhat of a safety net to grab you once you start falling or declining. Thus, it is very important to take school very seriously. A good course with a good job market and demand in the new and emerging workforce such as AI, smart chain contracts, etc can be quite useful.



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If you have a good plan, it is good to focus immensely on it for quite some time and see if it will achieve any progress. I had a friend that told me that if you do something consistently for over 10 months and it doesn't yield any results, then it is simply a hobby. So don't let something unrealistic deter you for achieving something good in life.

A side hustle which you might label as a safety net can really come to your aid in your hour of need. This is because, it is not everything that we can forsee or plan for in this world. Think about it. Most of us didn't have a plan for the Covid-19 pandemic. But it dawned on us at the eleventh hour. Similarly, there are countless scenarious we might not see happening, but could befall us. What then do we do about it?

I had a neighbor who lost his job during the pandemic. However, he was able to still cater for his family simply because, he knew how to sew. Thus, he spent his time handcrafting nose masks that were fetching him his lifelihood.

This is to say that inasmuch as we are striving to be unique and specialized in our respective fields, it is also important that we plan for the unforseen as there is always the possibility of failure.

Thank you for your attention.

Posted Using LeoFinance Beta

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