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Topic: A steady source of income is a man's bottom line to support his family (Read 1256 times)

full member
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I mentioned somewhere that my closest friend has been unemployed for over a year due to the devastating collapse of his line of business and and his wife's sickness. Last time we met was a month ago and he was depressed in certain ways which worried me a lot. I called him to see if he was fine last Sunday and he told me he was looking for jobs and the next day he would go to several interviews. I was glad to hear that. Last night I called to follow up and he said the interviews were not going well. I aksed why. He told me that nowadays most companies are not doing well, barely making even actually. The interviewers would just say the job is not entitled to any insurance or benefits, what they can offer is a very low base salary and the commission part would be subject to how many sales the employee can bring to their company. My friend was not willing to take any of them because he has a family to feed and his wife's condition is unstable which could need a lot of money for surgery at any time. I understand him and am trying my best to help him find a high-pay job.

My friend's story sends me a signal: no matter how much I earn right now, try to keep my job and souce of income stable. I am also a family man and have responsibilities. Anything bad can also happen to me so I have to be prepared to the unforseen problems, although I am doing fine now. Make hay while the sun shines. If you have any advice for my friend, please let me know. Thank you.

It is sad that your friend is experiencing that kind of situation. Nowadays it is really hard if you are unemployed and no source of income plus you are thinking of the health of your love ones. It can really affect your mental health and the daily lives of your family. With the recession happening in different parts of the world it is really hard to find a job that will offer a good salary base plus benefits. If your friend will be choosy in finding a job that will be a problem. He should atleast accept the offer even if it is a lower base salary because with that it can help in their everyday financial needs. Then find other side jobs that can bring extra income for him. There are a lot of online jobs available in the internet, he just need to be patient in finding one. I agree with you that no matter ho much you earn we need to have a stable source of income and also save as long as you can to prepare in times of need.
hero member
Activity: 630
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Or better yet, have multiple income streams. Just so you have a backup if you get fired from your job or your main income goes bust.

true, but here we also have to be good at allocating our time so that our main work is not disturbed, because if we are committed to doing a lot of work we also have to be consistent with the risk that we only have 24 hours of time.
Between the main job and side job, of course, must have a suitable time relevance. So that side jobs do not interfere with our performance at the main job. because if our performance at the main job is disrupted due to having more side jobs it will actually threaten our position at the main job. So we have to make good timing. and balancing work and rest is also important.
sr. member
Activity: 504
Merit: 254
Having a little penny paying job is far better than a jobless ness. So I would advice he accepts the job offer while he uses his free times longing for a better job.

What he's going through is part of the endanger ness of relying on a one source of income only. Especially depending on salaries.

People should always learn from the occurrences of others and don't let me get to you before taking preventive measures.


legendary
Activity: 3122
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Well I believe it is very important for a man to be financially responsible for supporting his family. The role of man in a family household is for him to provide shelter, food, and essentials, and protect the well-being of his family as the head of house.
If the man fails to support his family financially it begins to affect the lifestyle to which one was used too and must make necessary adjustments to make every dollar count in order to pay the bills. The financial burden of having to support a family is not anyone else’s responsibility but the man who decides to have children with the mother.
Nowadays you see so many young teens trying to be a young father but lack age, experience, and knowledge on what it takes to be a hardworking, dedicated man, and good father. So there is no doubt in my mind that having a man being responsible and supporting his family is a good way to be a role model.
sr. member
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Or better yet, have multiple income streams. Just so you have a backup if you get fired from your job or your main income goes bust.

true, but here we also have to be good at allocating our time so that our main work is not disturbed, because if we are committed to doing a lot of work we also have to be consistent with the risk that we only have 24 hours of time.
sr. member
Activity: 1097
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My friend's story sends me a signal: no matter how much I earn right now, try to keep my job and souce of income stable. I am also a family man and have responsibilities. Anything bad can also happen to me so I have to be prepared to the unforseen problems, although I am doing fine now. Make hay while the sun shines. If you have any advice for my friend, please let me know. Thank you.
If we don't do something at the right time then our situation may be different at some point. People's needs are increasing day by day. Moreover, it is not unusual to accept any undesirable situation. It is not unusual for those who have fixed salary jobs to run into major financial problems if their income is not regular. All of us should first of all keep our income stable through our job or any profession. If the income can be kept stable then any small matter can be solved easily. Of course every person should be given more importance about their income.
Yes first of all we have to do money is the precious jewel of a person's life without money people's life cannot go on. So we have to find out the simple aspects of earning money. If there is a way to earn half of a certain amount of money a person can enjoy his life very well.  .If he wanders around unemployed then his life will have no value. So it seems we have to choose easy income avenues.
hero member
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If one can get this streams of income it will be very great but the mistake most people made is that they let good money chase bad money. Why do you want to take money from a source that you know inside out and invest in something you do not understand. I have made this mistake myself think I need to diversity my portfolio but I ended up investing in business I know little about and lost a lot of money from these. If you want to invest or diversify anytime make sure it is something you fully understand
hero member
Activity: 630
Merit: 611
Something is always better then nothing, if he is not getting high salary job according to his education and skill but for time being he can do low salary job. If you are staying in home without job then it will be very difficult to get job but in same time if you are in job market then it will be much easier to get next job because that time you have more contact with experience. I learn lesion from this above mention story that saving is very crucial, we need to be ready for such things like job lose or sudden sickness will happen.
Well we should always make plans for the long term. and starting to prepare from now on both financially and in terms of health everything is important. Financially we must be able to maintain the main income we have and then we must try to have additional income. and in terms of health we also have to keep our bodies healthy and fit by diligently exercising and getting enough rest. this is where we must begin to apply discipline in managing the time of our daily activities. so that we can work optimally without having to disturb the rest time we have.
hero member
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The interviewers would just say the job is not entitled to any insurance or benefits, what they can offer is a very low base salary and the commission part would be subject to how many sales the employee can bring to their company. My friend was not willing to take any of them because he has a family to feed and his wife's condition is unstable which could need a lot of money for surgery
Your friend should accept the job, from your story it’s obvious he can’t afford to remain without a job. Sales jobs are usually performance based salary; low base salary and high commission. It’s hard work but if he can generate leads and close enough big deals, he will be going home will a lot more money than other jobs where you have just a base salary and no commissions


My friend's story sends me a signal: no matter how much I earn right now, try to keep my job and souce of income stable. I am also a family man and have responsibilities. Anything bad can also happen to me so I have to be prepared.
Don’t quit your job, you can keep your job and still have other side hustles. I don’t see the need why people want to quit their 9-5 so bad, and it’s not even about working in a toxic environment, I think everyone wants to be his own boss nowadays and they hate working for someone else. So when they get a side hustle doing well, they hastily quit their job to work to be an “entrepreneur”. There’s a lot of risks being a business owner, and you have to make provisions to cover unforeseen losses.
sr. member
Activity: 1456
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Every one of us must not work in the office or have an office job that will make us feel like we are living above the average in this present economic situation. The world is evolving around, people are losing jobs, those that have a job are not paid well and AI is on the rise to replace people's jobs. These events are all occurring simultaneously. It will be prudent for people to have a variety of income sources and, most importantly, skills.

If your friend had a skill, he could have supported his family and paid for his wife's medical expenses.

There are numerous individuals who have government job but they are not satisfied with their salaries and those who have some skills and set the foundation of job are always successful. Individuals should have skills so they can use their skills to earn good amount of money.

Currently salaries are so lower that one hardly make a plan to use it so if a one get huge money and wants to make his life comfortable then participating in two or more jobs will be better as if one Job gives you less income then surely you will manage everything by combining your overall income.
hero member
Activity: 1736
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Yes I think we have to choose a certain source of income to live a good life. Otherwise our life will have no value. If we have a fixed amount of income every month then we can easily survive any problem we face.  .If we are unemployed we have no chance of income at the end of the month then we can never read anything good. So I think we have to choose the path of income and do the right things at the right time.
We live in an era like today, don't just rely on one main job. However, we must have a double income so that we can meet the needs of life which are increasingly needed and of course the price of goods is getting more expensive due to the unstable world economy.

Because what you need to know to live in today's era is not only basic needs that must be met, but also starting from increasingly expensive education costs, health problems are also increasingly expensive and of course to fulfill a lifestyle also requires money, not to mention if we have needs that are urgently needed. urge. That's why we have to get used to saving from our every income and as much as possible to avoid problems with debts. If you already have more funds than savings, it would be good if some of our savings funds are diverted to investment, because with investment we have assets to get profits in the future. Of course, we have to be good at managing time so that the main work and side jobs are not disturbed by each other, because it must be admitted that having two jobs at the same time is not an easy thing to do.
legendary
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Here steady income job is not the matter. The goodness lies on how you keep funds allocated for emergency and unexpected needs. How you allocated fund for medical insurance and retirement. One thing most people unaware of is the planning. Whenever you have the wrong plan, you gonna end it badly. This could make you work throughout your life. Proper planning lets you enjoy life through proper investment, early retirement and good savings to meet unexpected needs. Amidst the salary earned it is good to plan well with what you earn.
But how can you plan, can save, can retire early if you do not have a stable income? It can be said that having a stable income is essential for us to take into account other things because, without it, we will not be able to have any plans. I agree with OP in saying that a stable income is the key point of a man when shouldering the breadwinner responsibilities of the family. Having an income is something everyone must have, and having a stable income is a premise we can think of bigger things.

You can if you already have millions in your bank account or if you have assets that you can retire from, but if you don't have any savings and have an unstable income, that is a really huge problem as you still need to feed your family as well as save. Stable income is really about the security that you have something to spend on for basic necessities, but the problem is that there are other jobs that are stable but the salary is low, which others don't prefer as they want the bigger salary, but again, the chances are that you'll easily get fired. But for me, if I do prefer a low salary but a stable job, then that is the time I will find another job to do so that it will be another source of income and work my way up to that stable job to increase my salary. For sure, people learned a lot of lessons in the past pandemic, even myself, and you can really see at that time which jobs were really stable and not affected by it (e.g., government).
I'd think it's a rather "eye-opening" perspective. But here's a notion, just a thought: doesn't your point of view kind of disregard a portion of the population? Your plan seems best suited for those who have the financial flexibility to work a low-paying, secure job while also actively pursuing opportunities to generate additional money. Isn't that a little bit "exclusive"?

Consider the situation of those who, for whatever reason, are unable to seek out alternative employment. Or those who are stuck in low-paying jobs they hate and can't advance in? Or perhaps a handicapped person?

Keep in mind that the last pandemic demonstrated that "job stability" is no guarantee against financial catastrophes. Government employees are not immune to layoffs or wage reductions just because they work for the government. Even "stable" occupations become insecure during economic downturns
sr. member
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Something is always better then nothing, if he is not getting high salary job according to his education and skill but for time being he can do low salary job. If you are staying in home without job then it will be very difficult to get job but in same time if you are in job market then it will be much easier to get next job because that time you have more contact with experience. I learn lesion from this above mention story that saving is very crucial, we need to be ready for such things like job lose or sudden sickness will happen.
I really agree with what you said, even in terms of work we have to go through a process, there are no good jobs that are easy to get so we need to work in any field and salary to be open to the world of work so we can get a decent job. I also experienced something similar in life in the past.
And regarding saving for the risk of life, I think it really has to be done and not only for that, but saving is also very useful for improving the future.
sr. member
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My friend's story sends me a signal: no matter how much I earn right now, try to keep my job and souce of income stable. I am also a family man and have responsibilities. Anything bad can also happen to me so I have to be prepared to the unforseen problems, although I am doing fine now. Make hay while the sun shines. If you have any advice for my friend, please let me know. Thank you.

One thing I believe that makes people to always continue chasing money is because they believe and know that, humans needs don't always ends and their is always a rising want in future which gives people the reason not to feel comfortable no matter the level of wealth one have acquired, it's always advisable for one to be consistent and make ways for more income to be flowing in so that when some unforeseen circumstances that needs finance to be settled, one will always be ready. And if current sources of wealth happens to be cut short the person won't be depressed or fall victim of going back to trenches.
sr. member
Activity: 1988
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Something is always better then nothing, if he is not getting high salary job according to his education and skill but for time being he can do low salary job. If you are staying in home without job then it will be very difficult to get job but in same time if you are in job market then it will be much easier to get next job because that time you have more contact with experience. I learn lesion from this above mention story that saving is very crucial, we need to be ready for such things like job lose or sudden sickness will happen.
legendary
Activity: 2436
Merit: 1366
Nowadays we have global economic issues. Some developing countries have very high inflation. Developed countries have profit issues as OP clearly showed in his post. And I would definitely agree that this is time to hold on to your work as much as possible to survive. Things will get better overtime and we will have lot less issues while getting hired. Also health conditions are never same all the time. Everyone can have sudden issues like my uncle found out he had brain cancer, his life completely changed in next month and we lost him next year.
sr. member
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My friend's story sends me a signal: no matter how much I earn right now, try to keep my job and souce of income stable. I am also a family man and have responsibilities. Anything bad can also happen to me so I have to be prepared to the unforseen problems, although I am doing fine now. Make hay while the sun shines. If you have any advice for my friend, please let me know. Thank you.
If we don't do something at the right time then our situation may be different at some point. People's needs are increasing day by day. Moreover, it is not unusual to accept any undesirable situation. It is not unusual for those who have fixed salary jobs to run into major financial problems if their income is not regular. All of us should first of all keep our income stable through our job or any profession. If the income can be kept stable then any small matter can be solved easily. Of course every person should be given more importance about their income.
Yes I think we have to choose a certain source of income to live a good life. Otherwise our life will have no value. If we have a fixed amount of income every month then we can easily survive any problem we face.  .If we are unemployed we have no chance of income at the end of the month then we can never read anything good. So I think we have to choose the path of income and do the right things at the right time.
hero member
Activity: 630
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It is, your steady income is like a man's life jacket which he wouldn't want to take off for anything except he can see a much better alternative. i can definitely relate to this, my present job is my steady source of income, even though the pay is not as appealing as i would have wanted it but it pays the bill and comes in constantly on a monthly basis.
I think everyone wants to have a secured steady income that you are 100% sure off regardless of the size. It gives a sense of confidence and peace.
Everyone needs a basic job that generates a steady income so that they can manage their finances regularly and easily because they definitely have income every week or month. But still income may not be able to make a person's finances increase rapidly. because to increase our finances we need additional income that can allow us to save more and invest for the future. so in essence a steady income is a good thing. and it would be great if we also have other additional income.
hero member
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Here steady income job is not the matter. The goodness lies on how you keep funds allocated for emergency and unexpected needs. How you allocated fund for medical insurance and retirement. One thing most people unaware of is the planning. Whenever you have the wrong plan, you gonna end it badly. This could make you work throughout your life. Proper planning lets you enjoy life through proper investment, early retirement and good savings to meet unexpected needs. Amidst the salary earned it is good to plan well with what you earn.
But how can you plan, can save, can retire early if you do not have a stable income? It can be said that having a stable income is essential for us to take into account other things because, without it, we will not be able to have any plans. I agree with OP in saying that a stable income is the key point of a man when shouldering the breadwinner responsibilities of the family. Having an income is something everyone must have, and having a stable income is a premise we can think of bigger things.

You can if you already have millions in your bank account or if you have assets that you can retire from, but if you don't have any savings and have an unstable income, that is a really huge problem as you still need to feed your family as well as save. Stable income is really about the security that you have something to spend on for basic necessities, but the problem is that there are other jobs that are stable but the salary is low, which others don't prefer as they want the bigger salary, but again, the chances are that you'll easily get fired. But for me, if I do prefer a low salary but a stable job, then that is the time I will find another job to do so that it will be another source of income and work my way up to that stable job to increase my salary. For sure, people learned a lot of lessons in the past pandemic, even myself, and you can really see at that time which jobs were really stable and not affected by it (e.g., government).
sr. member
Activity: 1400
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Here steady income job is not the matter. The goodness lies on how you keep funds allocated for emergency and unexpected needs. How you allocated fund for medical insurance and retirement. One thing most people unaware of is the planning. Whenever you have the wrong plan, you gonna end it badly. This could make you work throughout your life. Proper planning lets you enjoy life through proper investment, early retirement and good savings to meet unexpected needs. Amidst the salary earned it is good to plan well with what you earn.
But how can you plan, can save, can retire early if you do not have a stable income? It can be said that having a stable income is essential for us to take into account other things because, without it, we will not be able to have any plans. I agree with OP in saying that a stable income is the key point of a man when shouldering the breadwinner responsibilities of the family. Having an income is something everyone must have, and having a stable income is a premise we can think of bigger things.
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