This is not a technology play 😊 you should back up your files and critical digital assets. However, here are some other life events for your consideration and planning. 

Life is unpredictable; unexpected things happen no matter how much we plan things out. This is why it's essential to always have a backup plan in place. Whether it's your career, finances, or personal life, a backup plan is part of adulthood. It’s best to have one or more for each circumstance. You can write them in your journal or record them in a more sophisticated manner but please document them.

Career

In today's job market, having a backup plan is crucial. The 2023 market underwent turbulence post-pandemic and from a banking crisis with the announcements from Silicon Valley Bank.

You never know when your current job may be in jeopardy, whether due to downsizing or a change in the company's direction. So make it routine to document your needs and wants. Once or twice a year is enough.

• Do you know what you want to do next? 
• Work in a mid-size company.
• A job with less than 20% travel.
• Earn enough to meet my basic needs; I have plenty of free time for my hobbies. Speaking of which, is it possible to drive income from your hobbies?
• Do you have a documented set of metrics success stories to share? 
• Improved sales by 12%
• Reduced customer churn by 20% by representing their needs and wants. 
• Do you list places you'd like to work and what is important to you?
• A company with a strong mentoring culture.
• I want to work in another country.
• Do you keep in touch with your network?
• It can be difficult. Life happens, or your network is so extensive that you don’t get around to connecting with everyone. Try blogging 😉 
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Keep your skills up-to-date and relevant. Take advantage of courses, talks, meetups, etc., and participate in professional development opportunities. This makes you a more valuable employee too.

Finances

Financial stability is vital for everyone, but it's essential to have a backup plan in case of unexpected expenses or emergencies. 

Do you keep a budget for yourself and your family? Does it hurt? It may seem inconvenient, but if you can save $50 a month, try $60 (20% more). This provides more cushion and opportunities for you to invest. There are many books and online tools for budgeting. See a qualified investment advisor who takes the time to understand your needs. Shop for an advisor who will tell you hard truths.

Another backup plan is to have multiple streams of income. This can include a side hustle, rental property, or investments. 

Personal Life

Bad things happen, and even the most well-prepared person can’t do everything. Have someone there for you. This can include having a support system, such as family or friends, who can provide emotional support during tough times. Do you have someone who can hold space for you? https://www.lawrenceilerner.com/holding-space-for-others  

Go through your worst-case scenarios and write down your wishes. Then, see an attorney specializing in this for things involving your life or family. There are affordable packages that may save costs or emotional trauma in the future.

• Who would you turn to in the case of a bad breakup?
• Who will take care of your children or fur babies if you become ill or incapacitated?
• Have you decided about DNR (Do not resuscitate) and made your wishes known?
• Do you have backups for digital asses that loved ones can access?

Review your plans regularly review and update it to meet still meets your projected needs and goals.