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Part III: How to Plan > Planning for Contingencies

Chapter 17. Planning for Contingencies

A contingency is something that might happen, but then again, it might not. If it does occur, it will generally happen when you least expect it. A flat tire, an unexpected guest, a sudden drop in the stock market, or a broken water heater are all examples of contingencies.

Contingencies can completely immobilize you if you’re tied to complicated and unresponsive plans. Inflexible schedules don’t allow for spontaneous actions when an unexpected monkey wrench gets thrown in the works.


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