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When job loss wrecks your finances

Continue to pay your loan EMIs and insurance premiums for term and health policies (not investment-based policies) on time

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Harsh Roongta
Krishan, an old acquaintance, called me a few days ago. He used to be a colleague at a bank where I worked in the noughties. He is now in his late 40s and worked at a senior position in a non-banking financial company. After the preliminary pleasantries, Krishan informed me that he had lost his job in the pandemic and is now looking for another. He sought my assistance in identifying options for him. 

I asked him to consider a professional upgradation course instead of immediately jumping into another job. In any case, jobs for a person of his seniority and
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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First Published: Oct 25 2020 | 9:35 PM IST

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