One of the key aspects in personal finance which tends to be neglected is getting covered by the right insurance.
This is a critical mistake. Your top priority should always be protecting your savings and lifestyle first.
In my previous post, I highlighted the type of insurance that young professionals should get.
However, many readers shared feedback that this was quite a stretch for them. This is especially when they are graduating now during the Covid-19 Pandemic.
Many of them struggled to find full-time jobs. In fact, the annual Joint Autonomous Universities Graduate Employment Survey found that 69.8 percent of fresh graduates found permanent full-time jobs last year. This is down from 81.7 percent in 2019.
This means out of 10 graduates, 3 were unable to land full-time roles within 6 months of graduation.