Post
Topic
Board Economics
Re: Does a side job/business improve your finanical stability ?
by
Pamadar
on 28/05/2023, 07:21:04 UTC
yeah that really helps. With additional work, I can save and invest more confidently because I have free money that I save. On the other hand, I still have money for my daily needs. we really need additional work if it is to make us want to develop financially so that we become people who have far more financial freedom than continuing to be employees.
if you have free time of course that's great but if the main job takes a lot of time and already has enough income I think a side job is not needed anymore.
side jobs are only needed by people who have a lot of free time and lack of money.
our body also needs rest so that must also be considered, not only because of money everything has to be chased.
There will always be people whose salary is not enough for them not only to support the family but also to pay the bills and in most cases freelancing is the key to achieve that, even if it means they almost have no free time and almost their whole day is consumed by work. Nowadays due to expensive goods and other necessities, it is also very optimal to find extra income, but the problem is nowadays too due to high supply of freelancers and lack of demand, the competition of applying to decent paying ones are very high, that is mostly you can see in most cases several freelancers are flocking to apply on that said position.

The competition is really tight, and you need to do extra effort to win a client.

Like what you mentioned, there are many reasons why individual needs to find extra side job, relying on day job salary will not
be enough to feed yourself, plus if you have responsibilities like if you have family and kids that need to send to school, not just
the daily food but those extra expenses that needed to address, having extra side job can give you some breathing to solve those
concerns.