This weekly roundup post is coming a bit later than planned. First there was a work delay.
No biggie. I figured I'd post on Saturday evening instead. But minutes before I thought I could head to my office to put together a roundup on building an authority blog, I got it in my head that something might be wrong in our basement.
So I asked my husband to take a look. (Our basement creeps me the hell out.)
It was a good thing I did. It turns out something went wrong with our water heater. There was a crap-ton of water on the floor. (Crap-ton is a legitimate unit of measurement here. Really.)
It managed to go under the wall separating the machinery from the finished portion of the basement. And it got under some of the flooring, ruining about half of it.
We were up half the night calling the insurance company, working the shop vac, and then calling a restoration company the insurance folks recommended (trying to get someone here early on Superbowl Sunday).
They did come. They stopped the leak. So we could at least turn the cold water back on (meaning I can make coffee, which is all that really matters). And we'll have the new water heater installed in a couple of days, as soon as we're dug out from the big snow storm coming tonight.
I'm not telling you this because I want your sympathy. In the grand scheme of things this was no big deal. No one was hurt. Nothing stored in the basement was damaged. And one way or another, it'll soon be dealt with.
I'm sharing this because it's a good reminder that sometimes, things just happen. And many freelancers are less prepared than they should be for even minor emergencies like these. If something like this happened, could you deal with it right away? What if you became gravely ill or injured to the point where you couldn't work for a few months? Would you be able to get through it?
With those questions in mind, I'd like to share three articles that can help you prepare for unexpected challenges and freelance emergencies.
4 Steps to Prepare for the Instability of the Freelance Life
By Alexa Mason at TheWriteLife.com
Alexa offers a few tips that will help you through unexpected downtimes. I especially like her term "salary fund" and its emphasis on being able to pay yourself consistently even when work is slow.
How to Set Up Your Freelance Business for Emergencies
On the Envato Studio Blog
It's not uncommon to think about the financial side of emergencies. But when you work as a freelancer, there's much more to it than that. What if you can't contact your clients? What if you can't finish a project because you're in the hospital? As awful as it sounds, what happens to everyone and everything involved with your business if you die? This article covers the importance of having an emergency contact to help you sort things out, and what kinds of information you should leave for them.
Freelance Finances: The Math That Makes Freelancing Work
By Kevin D. Hendricks at iThemes.com.
While you might already know that you should have some kind of savings when you freelance, this post gives a great broader breakdown of freelance finances. It shows you where things like emergency funds should fall within the larger financial picture.
Have you ever found yourself in a tight spot as a freelancer because of an emergency or unexpected dry spell? How did you handle the situation? And would you do anything different now?