Post
Topic
Board Economics
Re: Does a side job/business improve your finanical stability ?
by
slapper
on 13/06/2023, 08:11:13 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 ?
You have to change the mindset from relying on muscle to increase financial stability, make money work for you in order to achieve that goal. Work has a broad definition, at certain times you have to rely on experience and use technology to make money. Success can be achieved by opening a business, you can get regular income every day from the business you run. In addition, you need to combine your main job with a side job. It's a bit tiring to run two businesses at the same time, but you will achieve your goal of increasing financial stability more quickly.

there are many things that a person can do to earn more income to stabilize finances, I don't blame people who rely on their energy to be able to make more money but everyone will open their minds when they are no longer able to do that and still have to make extra money so that's when ideas will emerge that allow them to get more money.
many people will seek additional income from their main job and that is inseparable from the demands of desire or to guarantee their old age but while there is still time and it doesn't impact other things then I won't blame it.
these humans have different thoughts and ways but many of us have the same intention.
Really up to someone because not all would really be that mindful about having that progressive life on which they would really be just contented on having that 8 to 5 job which it is something that couldn't really give you a financially freedom kind of life and if you do have plans on having that life which doesnt have any problems when it comes to money then you should work hard or extra for you to attain up such condition or
situation in life and not really just be contented on what you do have now. Im not saying that being contented is bad but if we do speak about financial status then we should really be striving and make out some
sacrifices or else, we would really be ending up on having a non progressive life or something that would really be just sufficient if not then it would be lacking on finances which there are things in life
which we might be needing more specially on emergencies or other correlated things. This is why it would really be better that you should really be having those kind of goals.
There are indeed two camps: the "9-to-5 till I die" squad and the "I'm building a financial empire" folks. And you know what? Both are absolutely legit. It's all about where you're standing on life's Monopoly board.

People who are okay with their routine jobs are like, "I'm sailing smoothly, why rock the boat?" But then there are folks always looking out for new avenues to generate wealth, ready to dive headfirst into every opportunity they spot. Their mantra is: "If you aren't living on the edge, you're taking up too much space."

We're living in a gig economy. There are endless possibilities to make that extra dough if you're willing to put in the time. We can moonlight, hustle, you name it. But it comes down to our personal goals and the lifestyle we aspire to.