Weighing a contract offer against waiting (update)

A permanent role may come up, but the contract starts now. There are 15 people counting on me, so I am trying to be careful. I would gain recent experience. Did a contract become permanent?

I took a contract and it converted after four months. The time also kept my skills current.

If savings are low, I would accept and keep applying. You can leave for a permanent role if one appears.