When Life Throws a Curveball: How 9 Individuals Are Adapting Their 5-Year Plans
2020 has been a year of unprecedented challenges, with the global pandemic turning lives upside down. For many, their carefully crafted 5-year plans have been derailed, leaving them scrambling to regain control. I reached out to nine individuals who bravely shared how they’re coping with the unexpected twists and turns of 2020.
Embracing the Unknown
Christina Wolfgram, an internet vagabond, has found solace in working for herself. Despite the uncertainty, she’s more confident than ever in her ability to plan for the future. Her 5-year plan? Still a work in progress, but she’s excited to see what the future holds.
Seizing Opportunities
Hanedi Karajeh had big plans, but the pandemic put a damper on her goals. Instead of giving up, she took advantage of online resources like Skillshare and LinkedIn Premium to upskill and connect with peers. Her 5-year plan now involves taking calculated risks and staying open to new opportunities.
Taking the Leap
Robin Young, CEO of Fitness Savvy, was forced to accelerate her business plans when the lockdown boosted her website traffic. She’s now investing in video equipment and drawing on business funds to pay herself for the next year. Her 5-year plan is still evolving, but she’s excited to see what the future holds.
Pivoting to Stay Afloat
Jarry Lee, a former actor and model, has transitioned to social media influencer and marketing consultant. She’s learned to shoot content at home and is now working with big brands. Her 5-year plan involves continuing to produce high-quality content and exploring new opportunities.
Chasing Dreams
Yuan, a product manager turned Instagram marketing strategist, was pushed to pursue her dream business when her return to work was postponed due to the pandemic. Her 5-year plan is now a blank slate, as she weighs the pros and cons of entrepreneurship versus a stable 9-to-5 job.
Playing it Safe
Steffa Mantilla and her husband have put their debt payoff plans on hold, opting instead to build up their savings account in case of job loss. Their 5-year plan has been extended to 10 years, but they’re prioritizing flexibility and security.
Adjusting Expectations
Rachel, CEO of The Confused Millennial, has had to reassess her financial goals, including postponing a major home renovation and having a second baby. Her 5-year plan now involves finding ways to save money and creating a separate work-from-home space.
Diversifying Income
Tenin Terrell, a small business owner, has taken on side gigs to make ends meet. Her husband has started working as an Amazon delivery worker, and she’s picked up new freelance work. Their 5-year plan involves buying a house through the NACA program and staying grateful for what they have.
Prioritizing Patience
Luisa Ferreira Gusi, a private school teacher, has had to put her 5-year plans on hold. She’s lost her job, and her plans for grad school, homeownership, and starting a family are now on the backburner. Her new approach? Taking things one step at a time and being patient.
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