Planning for Contingencies

A contingency is an unexpected event that may happen -- usually but not always indicating something negative.

The word makes me think about basic things I need to carry out my day, and how not having something can either be a train wreck or a mere inconvenience. For example, I babysit two very small people, and running out of diapers would be a major issue for me. Running out of anything can be a huge stopping point in anyone's day -- but it doesn't have to be.

Here are a few ideas to prevent contingencies from derailing your plans.

The biggest and most basic thing that nearly everyone needs at one point or another is money. Running out of this crucial commodity can be devastating. That's why this is point number one. Have SOME savings. Period. We hear this all the time, but so few of us carry through and it becomes glaringly obvious how important this point is when something breaks or goes bad that we must absolutely involve money to replace or repair.

Insurance. Again, a very basic concept. Some insurance is necessary to fulfill the law -- such as auto insurance. But, other types of insurance can help transfer risk from you to the insurance company for a fairly minimal fee.

Beyond these two critical -- and basically liquid commodities -- spend time throughout your day making note of things that you probably would be hard pressed without, and try to come up with a way to do without them or replace them in a hurry without having to spend unnecessary time or cash running out to buy.

Have at least a couple of meals in the freezer for those evenings when you can't (or don't feel like) putting a fresh meal on the table. These can be done easily enough by doubling any entree that will freeze well and putting half into a zipper bag. It's a good idea to double up on the plastic bag or use plastic wrap first, then aluminum foil. Remember to label the entree with the name, instructions for cooking or reheating, and the date that you placed it in the freezer.

Keep a few shammy type cloths handy at all times in case you run out of paper towels (or replace the paper altogether with a small supply). I also have a moderate supply of cloth "napkins" that I cut out of an unused flannel sheet. I used pinking shears so the fabric would not ravel and I wouldn't need to spend time sewing up edges. These make the best baby washcloths!

Using plastic plates, cutlery, and cups that you already own, assemble a "picnic basket" to keep in your car at all times in case you happen to be out with the family and the hungries grab everyone at once. A quick run through the grocery store or even a cheaper than average fast food meal becomes a pleasure instead of an inconvenience. While you're at it, place an old blanket or a few lawn chairs in the car as well. Then, you'll be ready for all sorts of possibilities.

Along the same lines, always make sure you have several bottles of water -- or even a gallon and a few plastic cups -- in your vehicle at all times. Thirst can sneak up on you when you least expect it. Having this on hand can save hundreds of dollars annually that you would otherwise spend buying fast food drinks or small bottles of water in a convenience store.

For people with small children who aren't yet toilet trained, always have five or six cloth diapers and plastic underpants on hand in case you run out of disposable diapers (unless you've already made a permanent switch -- and if so, kudos!) This goes for wipees too. I have my customers provide disposable wipes for their infants, but in a pinch, I have a great mixture that I make with baby shampoo and water and a touch of vinegar; I then use on hand paper towels or wash cloths (one use only for these and then straight to the washer).

Sleeping bags and other camping gear can double in "emergency" situations -- such as unexpected company or a power shortage. Taking time to gather up camping supplies from low cost resources will put you in a much better position should you be struck by a bad weather situation as well. Plus, it's just fun to camp, and it's a lot simpler and cheaper if you have already got the necessary supplies on hand.

These are just some ideas to help you get started in planning for possible unexpected circumstances. Feel free to comment and give me your ideas as well.