Tuesday 1 November 2011

That Hidden Downside

I have learnt so much in the past year from  how to exercise properly; to how to arrange a funeral or how best to hunt down work and secure those elusive interviews. But sometimes something just crops up that really makes you stop and think. That thing for me was reading Stylist Magazine last week which had the most inspirational feature in it. It was a piece written by a 30 year old PR girl called Laura.  Laura has recently been diagnosed with a blood cancer called Hodgkins Lymphoma, a type of blood cancer.  She has started writing a blog to capture her fight as that life threatening disease.

Of course a blog chronicling an intensely horrific treatment such as chemotherapy is humbling as you really cannot understand the impact that this hugely invasive course of treatment has on someone. But Laura's warts and all blog gives some amazing insights.

The other thing that resonated with me was the fact that Laura in the recently bought a flat, developed a successful career and as a result of that set herself up as a freelance consultant.  Her life had been going swimmingly until she had her shock diagnosis. Now she is not only having to battle cancer but also having to figure out how she is going to cope financially.  To me this showed the hidden downside of being freelance.  Unless you plan for that rainy day so if you have a period when you are cannot work - how would you survive?  Having these contingencies in place is vital or else you too could find yourself becoming unstuck.  

When my mum was ill with blood cancer she had those similar types of money concerns and to be honest really she should have been focussing on fighting the disease.  If you own a property you are not eligible for housing benefit and may get a small handout from a charity like Macmillan.  For many the bank of mum and dad or savings are just not there so what next? Laura sadly didn't get mortgage insurance as she was young carefree and healthy - if only she'd had the hindsight of a crystal ball. Let that be a lesson to us all and especially to those who are having to embark on that freelance employment route during this crazy economic times.


2 comments:

  1. Actually, I don't think you can get mortgage insurance if you're self employed – that's what the Payment Protection Insurance scandal was all about. (Although, I don't have a mortgage, so I might be wrong.)

    As I happens, I'm paranoid about financial security. (I thought all self-employed people were.) Of course, that doesn't mean HMRC can't dump me in a huge debt anyway. (See blog.) But if you're not careful, you spend so much time planning for rainy days that you never have time to enjoy the sun...

    Anyway, apart from that, how's it going? Any tea leaves on whether your contract will be extended?

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  2. Apart from my doom monger blog post, life is going well and I share your sentiments is certainly worth living. Contract should be extended at least for another 6 mths so yay and getting more involved in more things.

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