Post
Topic
Board Economics
Re: Does a side job/business improve your finanical stability ?
by
KaliLinux
on 24/03/2023, 06:55:11 UTC

To make a living, we must work. In uncertain days like now facing the global economic downturn, a stable job with high income becomes a scarcity. A side job or business seems like more necessary than ever, which can minimize the risks of losing your current job, ending up pennyless. However, a side job/business also takes time and efforts and can never be attained whenever we need it. What did you do or will you do in order to ensure your finanical stability despite all unfavorable circumstances ?
Well, it is not easy to get financial stability, especially during the current economic crisis caused by the pandemic and war. I have never felt financially stable even though my income is increasing year by year. Currently, I have just worked 2 jobs and added investment, but to be honest, I have never found myself having a stable income before.
I do agree and how do people become financially stable? Does this mean they can stop working and just live the rest of their lives with whatever they already have? I do understand that we might get to a point in our financial lives where we can afford just about anything we want, maybe that is being financially stable cos I know I have had stable jobs for years and I don't think I have felt that way too.