The Expendables

Posted in Blog
14/10/2019 Mduduzi Luthuli

When we need a salary to meet our financial goals, we need to constantly set work related goals to improve our personal brand to make ourselves professionally attractive. Not only to help avoid expendability, but to have the chance to recover quicker if we are made expendable. 

Being good at what we do is a great benefit and we should enjoy being where we are. But we should always be looking for opportunities to move forward, in our field or another and evolve. Stay in front of shifting trends and innovation to mitigate expendability.


What’s worse than losing your income? Losing your income and having debt payments. When it comes to financial viability countermeasures, becoming debt free ranks high. Our chances of mitigating financial harm and beginning recovery increases because we have more options.

We can stretch our financial resources like a severance benefit, unemployment insurance, or savings farther. We can also accept a lower paying position until we can transition to something closer in earnings to what we had.

Emergency Fund

We benefit from having an emergency fund for many situations. One of those emergency situations is the loss of our income. Most suggest a minimum of 3 – 6 months basic living expenses. 

When doing this calculation, it’s also a great time to look at where your money is going. This is the perfect opportunity to set a budget and cut wasteful spending.

Doing that will not only decrease the amount needed in the emergency fund but it’s another beneficial aspect added to our financial viability countermeasures. It frees up income to pay off debt and increase saving for both our emergency fund and retirement. 

Closing Thought

Face it, we are all expendable. Some live a charmed life and never taste or even recognise it, but we should all be aware that it’s always there.

We all accept that we need to be aware of our surroundings and what we are doing to stay safe while out and about in this world.

The same is true in our careers, retirement, and personal finances. We either leave everything to fate or take countermeasures to improve our odds.

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Any fool can know. The point is to understand - Albert Einstein