In a world of economic uncertainty, having a strong financial safety net is no longer optional — it’s essential. A safety net provides you with peace of mind during emergencies like job loss, medical expenses, or unexpected market downturns.
Key strategies include:
- Building an emergency fund worth 6–12 months of expenses
- Diversifying your income streams
- Investing in low-risk, liquid assets
- Ensuring proper insurance coverage
- Regularly reviewing and adjusting your financial plan
Financial security in 2025 is about being proactive, not reactive.