Jobs: Even if you lose your job, your situation will be good and you have to invest so much from your salary.

Jobs: Losing your job suddenly can be very stressful and worsen your financial situation. But if you do good financial planning, you can make things easier when looking for a new job. Planning not only makes you less stressed, but also helps you take care of your family. Always keep savings aside: It is good for working people to keep some money aside for emergencies. Put a certain amount from your salary into a savings account every month. If you have enough savings to cover 6-12 months of expenses, consider transferring it to a liquid fund or fixed deposit account with a bank. Remember, this money should only be used for urgent needs. Diversify your investment portfolio by adding different assets like stocks, gold, bonds and real estate. This way, you can benefit from the growth of one asset class when another asset does not perform well. Gold prices rise when markets fall, so it's a great way to protect your investment. Also Read: Investors Paytm Shares Up To 9% If You Lose Your Job Suddenly, It's Better To Stop Your SIP Investments Instead, invest that money in a fixed income plan to keep your monthly income stable. If you think it might take a while to find a new job, consider gradually transitioning some of your riskier investments into safer options. Make a list of your important things like rent, bill payments, school fees etc. Spend only on these important things. And cut back on non-essentials. Also Read: Doms Industries shares will write history, shares will pay off, says Motilal Oswal On the grave of Prabhat.