Thursday, January 15, 2015

TIP #3: People, events, or other things could derail the best plans. Many people plan ahead or take steps in advance to ensure some areas/aspects of a plan occur (at some minimum level). This usually involves developing contingency/backup/alternative plans.
Developing a contingency plan could prevent a lot of stress, panic, confusion and last minute decisions. For example, when purchasing a condo a long time ago, I fully expected to receive a benefit/grant to put towards the cost. I did not receive the grant which led to a mad rush to obtain additional financing. The process could have been a lot smoother had I developed a contingency plan.


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