Quote from: Dalib on April 30, 2023, 04:51:14 PM

Quote from: Marcellin9 on January 14, 2023, 06:00:22 AM

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 ?

In uncertain economic times like the present, it's crucial to have a plan for ensuring financial stability. One way to do this is by diversifying income streams, which can include having a stable day job while also developing a side business or freelancing gig.

By having a side gig, you can create an additional source of income that can supplement your main income and provide a safety net in case the main source of income is disrupted. It's also important to develop relevant skill sets and stay current with industry trends to make yourself more marketable.

Another way to ensure financial stability is by building an emergency fund. This can be done by setting aside a portion of one's income in a savings account or other low-risk investment. Having an emergency fund can help cover expenses in case of sudden job loss or other unforeseen circumstances.

side hustle is very important for the mental health as well otherwise people spend so much time in thinking
I have been an overthinker and wasted so much of my time in thinking about unnecessary stuff. But since I started side hustle I have been at ease financially and mentally