"Everybody has a plan, until they get punched in the mouth." - Mike Tyson
Maybe Mike Tyson gave us too much credit. I definitely don’t want to call a guy out that can inflict as much damage as he can, but he’s wrong. Everybody does not have a plan. However, for those that do have a plan, he couldn’t have been more dead-on about getting punched in the mouth.
You might have been taking steps to get your finances in order. You’ve reviewed your net worth statement, looked over your budget, and put together a plan that is in sync with your priorities. You’ve been going along nicely for a few months, and you’ve paid off all of your credit cards, you’re saving for retirement - and then - BAM! - like being on the receiving end of a Mike Tyson uppercut, you fall to the ground. That punch to the face can represent a variety of things that go wrong during life. It could be an unexpected job loss, a broken down car, a major home repair, a divorce, a death in the family, or a number of other things that can derail your plan.
When life throws an unexpected catastrophe your way, you can either stay down for the count or choose to get back up. If you find yourself battling a major, unforeseen emergency, then it’s time to put your plan on hold. Focus all your effort and attention on getting back on your feet. It may require you to stop saving or paying down debt for a short period of time, but that’s okay. The sooner you find your footing, the sooner you can get back to executing on your plan.
You will get punched in the face and knocked to the ground, but you can get back up. It’s never fun going through adversity, but it’s through those moments that we build our character and resolve. Don't let life's calamities prevent you from accomplishing your plan. Do what you can to get through disaster as quickly as possible, and then continue on with the plan you set for yourself.