67 articles Articles posted in Money

The Iraq Dinar: When Will It Go Up?

Photo by أخٌ في الله … on Unsplash

Iraq has been in the news for many years. Iraq is located at the very end of the Mediterranean Sea between Jordan and Iran and north of Saudi Arabia. Iraq is part of the Middle East. Now we all know that the US invaded Iraq. We all watched the fall of Sadam Hussein. The country has been working to rebuild itself day by day. The currency in Iraq is the Iraq dinar. The exchange rate with the US dollar is about 0.00084 today. This fluctuates every day, but as you see, the value of the Iraq dinar is low. What is on everyone’s mind is when will the Iraq dinar be revalued?

Who Revalues Currency?

A revaluation of the Iraq Dinar is set by the country’s government. The valuation of a currency is relative to a baseline. This baseline could be any number of things. The price of gold, wages, and the price of foreign currency may be taken into consideration for the baseline. The main issues surrounding the Iraq dinar being revalued is for both the political and economic planes in Iraq to become stable. Until there is stability, the dinar will remain at the low evaluation.

Everyone Has To Work Together

There is oil in Iraq, so the ability to create a stable thriving community is there. Everyone in Iraq has to see the future for the bright place it can be. Cities are in ruins in Iraq. The infrastructure is in dire need of rebuilding. Islamic extremists and the fight between the Sunnis and the Shias have been fighting each other for years makes it hard to try to get anything done. Until there is some sort of understanding among all, it will be a long time before Iraq becomes the thriving beautiful country it will one day be.

What Can The Dinar Buy You Now?

Here is a comparative look at what you can buy in Iraq. A three bedroom apartment in the center of the city costs about $656.99 or 781818.10 Iraq dinar. Milk is about $4.56. Fruits and vegetables are under 50 cents a pound. Beef is $5.00 a pound and chicken is about $2.00 a pound. Basic utilities for a 915 square foot house is about $108.00. The Internet costs about $40.00 a month. The price of normal living is okay. The average Iraq person makes about $572 a month. There are smaller apartments for about $248 and $364. Beer is about $2.00 a bottle. This is all reasonable, but until the fighters start seeing a future where everyone gets along, good economic stability will remain at a snail’s pace.

Iraq Dinar Appearance

Like most foreign money, the Iraq dinar is beautiful in color. You can find purples, oranges, reds, and greens coloring different denominations of the money. The denominations of the money are: 50, 250, 1,000, 5,000, 10,000, and 25,000. The 50 and 250 are rarely used. The money has statues, palm trees, important people, Arabic writing, and more on each denomination. The dinar is issued by the Central Bank of Iraq.

The Dinar Scam

There has been a lot of talk about the dinar scam. There are people investing in the dinar hoping that one day when the dinar is revalued, the investments will be worth a lot more than they are now. There is nothing wrong with investing in the dinar, but anyone should do so with caution. It is a risk right now as there is no certainty as to when the country will stabilize. You have to watch out for paying big fees for exchanging the money. It would probably be wise to invest some money in dinar, but see it as a long term investment. The money is real, it is just that if anyone is promising high returns soon, they are misleading. The country is just not stable enough.

There is a lot of hope for Iraq. It is a beautiful country with a lot of resource in oil. Iraq has the potential to be a real player in the global travel trade and other lucrative businesses. Until the wars between the people in Iraq and the Islamic extremists find peace, there will be uncertainty and setbacks. We can all hope a resolution can be found and the dinar will one day be revalued.

3 Investment Ideas For Financially Savvy Parents

When you’re a busy parent, it can be difficult to think about investment. After all, how are you going to afford to do it, and how will you find the time to keep on top of it consistently? However, investment doesn’t have to be a terrifying and difficult prospect; it could be something as simple as investing in the future of your family with something like a savings account. We’ve put together some of the best ideas for using your money wisely here, if you’re a busy parent who wants to get something back for their money, without all of the stress.

Image credit

Start up savings accounts

The easiest way to invest some money into your future, and the future of your children, is to open up savings accounts. You can put one in your own name, of course, but have you ever thought about saving up a few pounds a week so that your children can get the benefit of it when they’re 18? If you saved £2 a week for them from the time they were born up until their 18th birthday, they’d have almost £1,900. That’s a lot of money, without a lot of stress. The same applies to your own savings account, as even a small amount will pile up over a long period of time, and it could help you out on a rainy day, should it come along. Look into this if you’re looking to save!

Invest in cryptocurrencies

Whilst cryptocurrencies have only recently become a popular way of investment, there are many benefits to having a few of these under your belt. Not only did those with Bitcoin get a whole lot of money when it all blew up recently, but this type of currency is increasingly prevalent, and could see you getting a profit no matter which type you choose. On top of this, it isn’t controlled by banks or governments, so your money is unlikely to be affected by any financial crashes or changes in the economics of the ‘real world’. Whilst you may need to do some research into this before you splash out, learning about cryptocurrencies could help you to invest some cash into the future of finance, and you’ll get a big payback if your investment pays off (although this isn’t always guaranteed).

Invest in property

Whilst you may not have much extra cash lying around, particularly during those financially draining periods, saving up some cash to invest in property will really help you to see a return for your money. Even if you can buy a small flat or apartment (by remortgaging your own home, for example) you’ll be getting monthly rent payments which will help you to keep your family afloat financially, and will pay off any bills on your home if needs be. This is a reliable way to get money back from your investment, and you can always sell the property on if you no longer want to maintain it.

So, there are many ways to invest your money, try these 3 tips if you’re interested!

7 Ways to Save Money on Your Daily Coffee Habit

coffeePhoto by Christiana Rivers on Unsplash

So, you love drinking coffee but your daily habit is burning a hole in your wallet? How we can relate to the feeling! Drinking coffee in large amounts can get a little expensive over time, especially if you are fond of the premium varieties.

Fortunately, there are some useful life hacks that you can rely on if you’re serious about spending less money on coffee without necessarily drinking less of the good stuff. It’s the next best thing asides from outright finding money you didn’t know you had!

Use Cash Instead Of Credit

If you’re purchasing your coffee using your credit card, you waste money in needless transaction fees every single time. Something as simple as making a point of always paying your coffee related expenses using live cash can add up to meaningful savings over time. Cut back on transaction fees and make sure to spend all your coffee money in actual coffee!

Make It At Home

Another typical reason why some coffee lovers will break their budget too quickly is because they refuse to go down the DYI route. You really don’t have to spend a lot of money to be The Coffee Maven around your neighborhood – you just have to know how to brew great coffee! Even learning how to brew like a pro by taking a barista course from Kimbo! Sure enough, those trendy coffee shops you love do have delicious and Sure enough, those trendy coffee shops you love do have delicious and foamy drinks that make your heart sing… but think about the needless sugar you’re putting into your system and all the money you’re wasting.

Be Aware of Your Expenses

It might be worth tracking your coffee related expenses for a while, in order to illuminate on the matter. It could be that you’re actually wasting a lot of money on related expenses such as pastries, chocolates, and cigarettes; if so… you may want to consider cutting back on those things first.

Find an Alternative for Your Coffee Habit

If you feel you really are drinking too much coffee and it’s actually working against your well-being, maybe cutting back is the right thing to do. In this case, you may want to try substituting some of your coffee breaks throughout the day with other beverages (like tea) or other habits (like going for a walk).

Make Coffee Ice Cubes

Here’s an ingenious trick to use all your leftover coffee rather than simply letting it go to waste: make coffee ice cubes! Not only it’s a great way to preserve brewed coffee, but you can use those coffee ice cubes at any time to add a little flavoring to other drinks.

Create Your Own Creamer

If you like having creamed coffee, you can save a lot of money by simply making your own coffee creamer rather than purchasing the ready-made versions available on the supermarket. The base recipe calls for equal parts of cream and condensed milk, but you can also try different textures and even add a little extra flavoring such as vanilla or chocolate.

Download Coffee Apps

In this day and age, there are many useful coffee apps out there worthy of your time and attention. From learning new recipes to staying on top of the best deals and latest promotions, there are many ways how relying on a good coffee app will help you cut down your expenses.

Find Money You Might Not Even Know You Had!

MoneyWith the summer holidays just days away, a lot of us will be thinking about how we’re going to afford all of the days out and activities that we’ll be wanting to do with the kids. It would be nice to be able to do a different thing every single day, but with the best will in the world, that’s just not in the budget for most of us. There might be, however, some money hanging about that you didn’t even realise you had, and we’ve got some suggestions of how to find it:

Outstanding PPI?

It’s hard to believe that anyone could still have any outstanding PPI claims with all the reminders on TV, radio and in the papers, but there are still a whole bunch of people who still haven’t claimed. It’s a simple process that could see you entitled to hundreds, even thousands of pounds!

Old Accounts

If you’ve changed bank accounts over the years, there could still be accounts in your name, laying dormant, with money in them. Write to the bank who you were once with and ask for details of any old accounts and you could be in for a surprise windfall!

Premium Bonds

If you’ve got Premium Bonds and haven’t seen much of a return, you might actually be better off cashing them in for an injection of cash now, rather than hoping they’ll come up long term. If you are hoping to win the top prize you probably need to know that the odds of winning £1million are 1 in 35,926,766,878. So I wouldn’t count on a payday anytime soon.Even winning the lowest prize of £25 is a 1 in 24,500 chance!

Pension Plans

If you have a pension plan that you don’t pay into any more, it’s worth having a look at the terms, as some plans will allow you to release the funds early, before the term is up. Have a think about any plans you may have paid into and contact the companies to see if it’s possible to withdraw the money. a

Cash Around the House

This one might be slightly less lucrative, but still worth a try. Gather up any old purses, handbags, wallets and money boxes and pillage them to see if there’s any cash that you forgot about. My kids own about 20 money boxes each and have managed to gather together the cash for some desperately needed toy on more than one occasion!

Don’t forget, the PPI deadline is 29th August, so you’ll need to get your act together if you think you might be entitled to claim!

Are You Sitting on Hidden Treasure?

treasureUnless you’re one of those people who’s a sensible adult with a savings account or an emergency credit card, there’s a good chance that you’ll come to a point in your life where you need quick cash and struggle to find it. There are, however, a few raise to raise some funds and most of us have things in our houses which we no longer use but are of value to someone else. Here are some suggestions of things you could sell to make some cash:


While I’m not suggesting that you flog your family heirlooms, many of us have jewellery boxes full of outdated items that we basically never wear, and there’s never been a better time to recoup some of the value in your items. It’s simple to get cash for gold and you could get a decent amount if you sell enough of it.


I’ve watched enough Antiques Roadshow in my time to know that the most valuable art is often the smallest, most unassuming pieces which don’t look like much which are worth a small fortune! If you’ve got any paintings which look like they might be originals, have them evaluated by an expert to see if they’re worth anything.

Bags and Purses

Bags and purses hold a surprising amount of value if they’re designer pieces, or even if they’re just made from decent leather. Look on eBay or other selling apps to see what sort of items sell well and to get an idea of what sort of price you’re looking at, and then sell anything that you’re not likely to use again.

Retro Games Consoles

If you’re the sort of person who puts things away nicely and stores them in the loft, and you have retro games consoles squirrelled away, you could be sitting on a small fortune! Retro games consoles are incredibly collectable and the more games and accessories you have with them, the more the bundle will be worth.


A lot of vinyl isn’t worth much these days, purely because there’s only a limited amount of collectors left and the condition isn’t always great. There are, however, particular albums which are worth a LOT of money, especially if they’re ones which are printed on a special vinyl, like clear or coloured records. Go through your collection and see if you have any of the valuable ones.

Indispensable Money-Saving Tips for Moms

It’s not easy to save money, especially if you are a working mom. Not only will you be responsible for your tasks at work, but you will also be expected to take on the responsibility of budgeting and to manage your time for your family.

At first glance, it looks undoable. But with enough patience and knowing the right decisions to make, you can turn around your budget and make sure to save up at least a few hundred dollars.

Here are a few ways working moms can save money for their families:

Create and Stick to a Budget

First, you will want to start a budget. If you’re new to creating budgets, the first thing you must do is determine what your expenses are for each month. Next, take your monthly salary and subtract all the costs that need to be made.

Doing this can give you a rough idea of how much money you spend each month. It can also show you what you can take out of your expenses to free up some money. Here, you can determine what can be cut out and what can be replaced with a cheaper product with the same quality.

A budget also lets you determine how much you can set aside each month and put it towards something like a vacation to Newcastle or even car finance for a new car.

Buy in Bulk

Buying items in bulk can benefit you in two ways: fewer trips to the grocery store and a fully stocked pantry of supplies and more.

When you purchase wholesale, it saves you money as a lot of stores offer their wholesale items at a lower price compared to retail. With that said, having a supply of household items like detergent, soap, shampoo, and some canned and boxed foods, can help you and your family stay on track.

Generic is Your Friend

Some people say that the branded goods are always superior. But that is just not the case. Some generic brands are just as good as the branded ones.

There are several products you can choose to get generic including baking powder, spices, sugar as well as produce and dairy products. Cleaning products and over the counter meds are also some of the most frequently bought generic items.

Look Out for Sales

Aside from buying in bulk, you should also watch out for sales. Grocery stores and malls often have deals, and it’s an excellent opportunity for you to get what you need for your family.

Other than watching out for sales announcements, you can also download grocery shopping apps like Weekly Ads & Sales or Grocery IQ. These apps will let you know of any current coupons.

Packed Lunch

Nothing beats a home-cooked meal. Make it a point to prepare yourself, and everyone else lunches to bring to work or school.

That way, you won’t get sucked into buying a cheeseburger for lunch, and you will always know what your kids will be eating when not at home. You can also go the extra mile and invest in a travel mug so you can prepare coffee at home and take it with you to work.

Coffee and lunch brought from home will not only help keep some of your money in your wallet, but it will also be useful for your health overall.

Saving money is possible. All it takes is discipline and your determination to make your finances better for your family.

Keep these tips in mind and start saving money on your expenses today.

5 Ways to Save Money Ahead of Summer

save moneyI don’t know about you, but for us, this always seems to be an expensive time of year. Between birthdays, holidays, needing to spruce up the garden and all the other expenses that pop up, I seem to be spending money hand over fist at the moment. Because of this, I’ve been thinking about ways to save, so that we’re not skint by the time summer is over, and these are some of the things I came up with:

Shop Around

Recently, we needed to buy a new tumble drier, because our ancient one wasn’t really up to the job anymore, and because it was a big purchase we decided to shop around to make sure we got the best price. There are sites to look up the cheapest prices in the UK for just about everything you want to buy, and we scoured these before making our purchase.

Check Your Tarrifs

This is a great time of year to make sure you’re not paying over the odds for all of your bills, including gas, electricity, mobile bills, internet and TV. Providing you’re not at the beginning of a new contract, there is often room to negotiate with your service providers and could find yourself saving a significant amount each month (I recently did this with our BT will and am saving almost £40 per month on that one bill!

Scrimp on Fuel

Do you take the car on unnecessary short journeys where it would actually be possible to walk instead? I know SO many people who drive when they could walk and they’d save loads across the course of the month if they left the car at home. There are also websites and apps which tell you which petrol stations nearby are the cheapest, allowing you to get the best value there, too.

Use What’s in the House

We’re naughty when it comes to food and tend to buy our meals on a day-to-day basis, but recently I decided that we were going to actually use up what was in the house. It meant a few days of slightly odd meals that you probably wouldn’t eat ordinarily, but it saved us from buying new stuff and helped make space in the cupboard and freezer for new shopping.

Check Your Subscriptions

I know so many people who subscribe to the full TV package and never watch the channels, or have services like Netflix, Disney Life or Amazon TV and rarely use them. Do a stock-take of all of your subscriptions, including newspapers and magazines, and ditch any that you barely use.

How do you save money?

5 Must-Read Books For Managing Your Personal Finance Better

How many times have you received financial advice from a friend, family member, or even a complete stranger?

We’ve all been there before whether it was solicited or not. But how many times has the advice been useful?

Let me tell you the good news:

You don’t have to search all over the internet for personal financial advice.

Instead, I’ve found five books that will help get your finances back on track.

Let’s dive in and look at each of the books!

1) The Total Money Makeover

Dave Ramsey has written over five personal finance books, and the Total Money Makeover combines a lot of Ramsey’s advice into a seven-step plan.

What do the seven steps do?

They’re designed to help to get you out of debt and stay out of debt as well by changing your attitude about money. There is also advice from Ramsey on investing for your future, saving, and increasing your income to pay off debts.

I know what you’re thinking, how does this book help you?

Dave provides a series of real-life success stories throughout the book from people that you can relate too.

For each step in the book, he also provides worksheets and budget forms so that you can apply the lessons to your own life.

One of the strongest statements in the Total Money Makeover is a quote from Dave:

“Would you fire yourself if you managed the money for a company like you manage your personal money?”

 It’s a statement that really hits home and makes you reevaluate your current financial life.

2) You’re So Money

Live within your means. It’s sound financial advice that many of us have been given, but not always followed.

But what if I told you that you could live beyond your means without going broke or deeper into debt?

That’s what financial reporter and author Farnoosh Torabi try to teach you in this book tailored towards individuals who want to enjoy some of the finer things in life.

So what’s the big secret?

Farnoosh teaches you tips on prioritizing your expenses and making sacrifices on the lower priorities. For example, spending hundreds of dollars on a promotion dinner might mean getting a loaf of bread and peanut butter for the rest of the week.

Most importantly she shows you where to find places to save money and enjoy life without draining your bank account.

3) I Will Teach You to be Rich

We’ve all been in a situation where a financial emergency comes up and we need to come up with some funds. But what if you had the money saved to handle those emergencies?

Ramit takes you through a six-week program that gives you a beginner’s guide to personal finance and investing.

Even if you’re experienced in finances, you will find tips and tricks that you can implement into your daily financial life.

Ramit takes the time to break down some of the most complicated financial issues that you might be facing. He then turns them into actionable and manageable tips that you handle each week. That way you have financial tools that are flexible and workable in a variety of situations.

The major take away from this six-week course is automating your finances. How can this help you? By automating different tasks, you can make sure that bills are paid on time, spend less time and effort, and even save money without noticing that you’re doing it.

4) The Richest Man in Babylon

So who was the richest man in Babylon?

What originally started as a series of informational pamphlets in the 1920s was put together into this book back in 1926.

But Clason looks at tips and financial advice from even earlier from a series of parables from ancient Babylon.

Through each of the parables, we’re introduced to a man named Arkad. Each of the parables provides a relatable story and provide advice on how to handle your finances.

What makes this book different from others is that it also talks about some of the financial failures that can happen.

So what are some of the takeaways from this book?

Clason’s Babylonian parables provide a lot of inspiration to the readers while focusing on hard work, a positive attitude, and self-discipline to complete your financial goals.

5) Your Money or Your Life

This last one features a nine-step plan that is one of the best books about living on a budget. It focuses on two types of jobs. One that pays well but you may not enjoy, and another one that pays less but is something that you love.

Many of us are stuck in the typical nine-to-five job where we don’t enjoy the work. Some of you may even dread the work. This book takes that notion and turns it on its head. Instead, it focuses on doing what you love and trimming your budget so that you can be paid less without being miserable.

I hope that you enjoyed this article on these five must-read books for managing your personal finances. It was important for me to find books that can give you useful tips so that you can complete your financial goals this year easier.

I’m always looking for another book to read on my shelf. If you know of any other personal finance books, I encourage you to let me know below and share this article with your friends and family so that they can enjoy some financial freedom as well.

Your Clutter, Their Treasure: Downsizing Can Help You Stay in the Black

It’s a daily struggle for many people to pay their bills, feed their families and have a little extra for other necessities, much less extras.  Luckily, there are many ways to stretch your budget a little further by simply using what you already have.

It used to be that to make any money off of your unwanted items, you had to have a yard sale.  Now, however, there are many more options where you don’t even have to leave your house except to get to your mailbox!

From online downsizing to installment loans, when you need the money most, you have options.

Declutter Your Home With Direct Selling

Do you have kids that outgrew their clothes, or never even wore that shirt they just had to have?  Xbox games no one ever plays anymore, or movies you have seen a hundred times and don’t want to ever watch again?

Those hot items and more are easy money makers through online direct sales sites such as eBay and Letitgo.  Sites like eBay allow you to sell your goods at a price you agree on, and all you have to do is post it and ship it once it’s sold.  Because of the shipping aspect, eBay is more geared towards smaller items, but there are options for pickup of larger items.

Letitgo and other marketplace type apps are more direct, where you post your item online and meet with local buyers in person.  This type is better for larger items that would not be cost-effective to ship.

Let Other Resellers Do the Work For You

Other resale companies, like Declutter and thredUp, will pay you directly for your items and then sell them for a profit, keeping you out of the direct transaction but allowing you immediate funds.   They even pay for your shipping.

The con of this is that generally your take is much less than had you sold your product directly, but the pro is you don’t have to sit around and wait for it to sell.

Stick With the Tried and True

Sometimes the old standbys are the best.  Yard sales are still as popular as they ever were, but technology has helped increase profits because now you can advertise online.  From posting about your yard sale on your social media to advertising on online garage sale sites, it’s much easier to get the word out for early birds and bargain hunters to come buy your unwanted stuff.  Remember, one person’s trash is another person’s treasure!

Emergency Loans

If you are looking for bigger amounts of money fast, there are options available as well in the form of installment loans.  These are typically high interest loans and therefore should only be used if all other avenues are exhausted, and if you know that you can repay the terms of the loan on time.

Installment loans are easier to get due to their high interest terms, and can be applied for and received completely online, depending on the company.  However, their repayment terms can be steep, so shop around before you settle, and be sure you can handle the terms.

Money Doesn’t Grow on Trees, But You Can Find it in Your Backyard

When you need a few bucks, look around your house, your yard, or your car, and see what’s been sitting unused for months or even years.  Chances are, someone somewhere is looking for that particular item, and you can have a win/win:  declutter your house and make some money, and make someone else happy they got a deal!


How to Always Be Prepared for a Job Loss

Most of us will lose a job at some stage in our life. It can be a stressful time, particularly if you have a family to provide for.

Even if you’re in the twilight of your career, think your job is secure and you’re excelling in every way, you could still find yourself being made redundant due to external factors.

Unless you own or run the company, some things are just out of your control. Because of this, it’s wise to be prepared.

By applying the following 11 tips you will survive losing your job and be in a good position to find the next one.

1) Assess Your Finances

First thing’s first, you need to assess your overall financial situation. How much are you being paid, how much are you spending now, and how much do you require to cover the essentials? Do you have any assets or a mortgage? And how many people depend on you? What about savings and investments?

If you are in debt and/or spending most of your wages or salary (living pay check to pay check), you will be hit hard if you lose your job.

2) Have a Budget

Once you’ve assessed your finances you are now in the position to create a budget (if you don’t use one already). This will allow you to stay informed about your finances moving forward. Should you lose your job you’ll know exactly where you can tighten spending.

3) Build an Emergency Fund

The time to build an emergency fund is while you’re in a secure job. It should be able to cover at least 3 months of essential expenses (or longer for added security), but the exact amount to save will depend on your individual situation. You will be able to rely on these savings if you lose your job.

Even though saving can be tough, you’re only doing this until the pot is full. And remember, if you cut into the fund, don’t forget to top it back up again.

4) Assess Your Job Prospects

 Even if there’s no sign of losing your current position, it’s always a good idea to regularly overview your skills and qualifications, and update your CV. How quickly could you find another job if you lost the current one?

Take a look at the job market for positions you are qualified for and could apply for. If there aren’t many available or requirements have changed (sometimes you might find yourself disqualified from your current job on paper), you might want to prepare for a career change or even some retraining.

5) Consider Insurance

Income protection insurance is a form of insurance that pays out when you lose your job (though certain requirements have to be met). Typically, you will be issued regular payments (much like a wage) for the time you are out of work or for an agreed period. Other policies pay out a lump sum.

Unlike a straight savings plan, you could be paid out much more than you paid in. However, if you never lose your job you do not have access to the money you paid in.

6) Know Your Employer’s Benefits and Policies

To properly prepare for a potential job loss, you should become familiar with your employer’s severance policies and other benefits.

Do you get severance pay if you’re laid off and if so what is the criteria? Does your health insurance plan continue under COBRA if you lose your job?

7) Be Ready to Downsize your Life

Even if you have an emergency fund and other sources of money that can tide you over until you find a new job, you’re still likely to need to cut back on your expenditure and learn to live frugally. That means no more meals out or impulse buying.

8) Get a Side Gig

One hedge against losing your job is to have another one on the side. For example, you might start freelancing online during the weekends. Of course, if you are in a fulltime job you won’t have time to make a lot of money, but if you lose your job you can dedicate more time and immediately fill that income gap.

9) Maintain Good Credit

If you lose your job and need to borrow money to stay afloat, a good credit score is going to help. It will provide the widest possible range of credit and loan options, with the best interest rates and other terms.

10) Maintain Your Network

The old saying “it’s not what you know, it’s who you know,” is still very much applicable. Always keep in contact with your close clients and work colleagues, as you never know who could be offering you a job in the future.

11) Learn New Skills

Just because you have a job doesn’t mean you can’t continue to learn new skills and get new qualifications. In fact, that’s how a lot of people progress in their career. Some firms might pay for extra training in the hope that you stay with them and move up the ladder.

If there’s not much room to progress in your current job, you should still advance your skills in your own time. If you lose your job, you may end up with a better one!

Even though losing a job can be one of the most stressful times in your life, with good planning it doesn’t need to be.