We all like to believe that a relatively straightforward path awaits us in life. The same goes for our careers. If we work hard and prove ourselves, we can continue to climb the ladder until we’re in a place of financial security and real authority. However, it’s not always that simple. From dead-end positions, to job loss, to injury, our career can take a lot of twists and turns. What do you do to protect yourself against them?
Work on yourself, no matter what
What happens when you hit a brick wall in your career or find that you don’t like the idea of pursuing your current path any further? Do you stay with your job and keep plugging away in the hope things will change? You make the change yourself. That change is much easier if you have the tools and skills that can help you change roles, employees, or careers. Take a look at some of the most in-demand skills and try to find the training you need on your own time to make sure your career can keep going even if your job doesn’t.
Recognize the risk of being put out of work by injury
A serious injury or disability can put a short, sharp stop to your career plans and put you in real financial jeopardy. Rehabilitating and getting back into the workplace may be a priority, but don’t underestimate the need for assistance now. If you have disability insurance, an ERISA attorney can help ensure that you get it. Otherwise, if someone else has caused your injury, you should look at legal help to ensure they’re held accountable. The costs of treatment and being out of work can lead to debt, so you have to prepare to fight for what you deserve.
Become less reliant on your job
If you are forced to switch career or to stop working, having a backup plan can help considerably. Financial independence is all about having income streams set up so that, even if you don’t have your job, you’re not left bereft. The single best way to start building it is to start investing, whether it’s in assets you can sell off or in markets that provide dividends.
Don’t sacrifice your wellness for your work
Your health matters more than your wealth. Above all else, avoid pushing yourself to the point of exhaustion or serious emotional health issues for the sake of your career. Work on banishing stress from your life. If your job serves as a major source of that stress, consider re-evaluating your current career path and making a switch. It can be a scary decision to make, but finding yourself with some uncertainty about your career path is better than working yourself into an early grave.
You can’t rely solely on the job you have right now or the career path you’re currently envisaging. You have to be willing to protect yourself from the wrong turns, dead ends, and unexpected falls that your working life can take.