Tag: contingency plan
Contingency plan
WotD: Contingency plan Nothing stays the same. The world is in a constant state of flux. That’s why having a contingency plan for every possible situation is a good idea. This year, we lost power for three days due to the most powerful typhoon to hit Japan in 25 years. Luckily my wife and I had a gas…
Rainy day fund
Word of the Day: Rainy day fund Any financial expert will tell you that it is a good idea to have a rainy day fund to deal with unforeseen circumstances. A rainy day fund is a reserved amount of savings a person can access when things are not going well, or unforeseen circumstances arise. For…
Behind the eight ball
English Idiom: Behind the eight ball When you’re behind the eight ball, you are at a disadvantage or weak position. Most people pay their rent or mortgage once a month. Sometimes, unexpected emergencies come up that can put us behind the eight ball very quickly if we do not have a contingency plan. What would…
