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Topic: A steady source of income is a man's bottom line to support his family - page 3. (Read 1238 times)

hero member
Activity: 2408
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This is not a problem of the nation, but rather an individual issue of not being willing to work for a small salary due to being accustomed to higher wages. I understand that everyone has different living needs, so there might be other reasons why this person chooses to seek higher-paying jobs. The state is never accountable for our poverty. In fact, the president must care for other citizens whose conditions are even worse than ours. We are solely responsible for ourselves and our well-being.
That is a stupid statement, they don't work for small wages, they don't work because the small wages isn't a livable wage, your statement is defending businesses that pay dirt cheap to their workers, have you seen the pay raise that many union workers ask? They're not a lot, they're smart enough to know the limit. Give me evidences that the state isn't accountable? Say if there's a war, will there be a continuous prosperity in that state?
Well, that is an issue that exists in every country, there will either be less jobs and more workers or there will be more jobs paying way less than the minimum wage which can't even fulfill the basic needs of a person, so it literally makes no sense for anyone working on those jobs since even after so much hard work, they get to take loans or borrow money only to spend the month.

That is why some people would simply not want to work in places like these where they are paid way less than the minimum wage which isn't enough for them and their family, most people look for jobs that pay higher but since there is too much competition and less jobs, they fail to achieve that.
sr. member
Activity: 1008
Merit: 366
First thing came to my mind after reading the OP is, does he not have a saving for this kind of emergency situation? Doesn't matter how low or how high your income is, you should always consider having a saving. Emergency situations are never predictable, thus it could happen at any time. That's why we need savings in order to tackle those kinds of situations. Also investing in order to grow our assets should be the first choice. Save in order to invest so that you can grow.

It is tough to get a job nowadays. The competition is so high, even over qualified people are struggling to get a job. If you have something that belongs to you, and it can back you up in emergencies and also help you to grow your assets. Anything that generates your income should never be overlooked. I have seen people try to leave their current job in pursuit of a higher paying one. That's a good thing to have or to do. But leaving your current job to focus on another in hopes that you will get it. Confirm your other job first, then leave the previous one. If possible, have both. Multiple income source and savings will always help in situations like this.
hero member
Activity: 1680
Merit: 505

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.
That's why if you have a family or have a responsibility, don't just focus on one job. Because if you only focus on one job and don't have a business or expertise in other fields, when the company goes bankrupt or gets fired, you will definitely feel confused about finding a new job again. But it's different if you have a business or useful skills, when the company where you work has problems or is fired, you definitely won't be too confused about income, because you have a business that is already running and controlled. To start, you don't need to have a very large business, the most important thing is that you already have income and can be developed.

So the term is don't be monotonous and just stay silent when you have a job. Even though it must be packed with work schedules, try to start something new on the sidelines of the busy work. Want it to open a shop, or with other fields. And don't forget to keep saving and investing, because I consider these two factors important and mandatory in my life, and will definitely come in handy in emergencies.

With life getting more and more difficult, the cost of living is increasing day by day, and having a source of income can never be guaranteed, even if it is a high income. Indeed, we should have 2 to 3 sources of income these days because the unexpected can happen at any time. Although it will take us longer and be more tiring, for the sake of our families and to ensure the safety of our families, we need to make sacrifices.

No matter what job we do, we can't do it all our life, when we get old, no one will hire us, or we will no longer have the strength to do it. So I also agree with you, any man should have savings and investments. It is a must have, and it will be beneficial when we are old and can no longer work.

Here in my country, as you said the cost of living is increasing day by day. Which is true as inflation rises the value of products increases but you know what's the worst part? The salary of average working man still remain the same as a result, they couldn't even save money or invest. My thoughts about this is that never ever make a family if you're not ready yet, because those bare minimum salary only sufficient to one person. If you're living alone then you might save some money to invest so when the time comes you already have some backup money for you to support your family.
That's true the rate with which inflation is rising is too high but the salaries and income is same and government is not willing to increase them too much .
Yes everyone's purpose of life Is to take good care of their family and provide them with all possible necessities and all of us wants a steady income for that  but the question is what is steady income actually?
sr. member
Activity: 728
Merit: 388
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A steady source of income makes a lot of sense only if the paycheck is very big, if you are an average salary earner you won't be happy with what you are making, so, multiple source of income is much more better than anything, if money is flowing in from right and left you will be able to take care of your family and do things that you are not able to do for them before, also you will be able to invest some money for the future sake of you and your family.

Make sure you are not pushing things too fast too, I mean if you have managed up to two jobs, let it be just two, if you go three jobs it might not be healthy for you.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform

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.
That's why if you have a family or have a responsibility, don't just focus on one job. Because if you only focus on one job and don't have a business or expertise in other fields, when the company goes bankrupt or gets fired, you will definitely feel confused about finding a new job again. But it's different if you have a business or useful skills, when the company where you work has problems or is fired, you definitely won't be too confused about income, because you have a business that is already running and controlled. To start, you don't need to have a very large business, the most important thing is that you already have income and can be developed.

So the term is don't be monotonous and just stay silent when you have a job. Even though it must be packed with work schedules, try to start something new on the sidelines of the busy work. Want it to open a shop, or with other fields. And don't forget to keep saving and investing, because I consider these two factors important and mandatory in my life, and will definitely come in handy in emergencies.

With life getting more and more difficult, the cost of living is increasing day by day, and having a source of income can never be guaranteed, even if it is a high income. Indeed, we should have 2 to 3 sources of income these days because the unexpected can happen at any time. Although it will take us longer and be more tiring, for the sake of our families and to ensure the safety of our families, we need to make sacrifices.

No matter what job we do, we can't do it all our life, when we get old, no one will hire us, or we will no longer have the strength to do it. So I also agree with you, any man should have savings and investments. It is a must have, and it will be beneficial when we are old and can no longer work.

Here in my country, as you said the cost of living is increasing day by day. Which is true as inflation rises the value of products increases but you know what's the worst part? The salary of average working man still remain the same as a result, they couldn't even save money or invest. My thoughts about this is that never ever make a family if you're not ready yet, because those bare minimum salary only sufficient to one person. If you're living alone then you might save some money to invest so when the time comes you already have some backup money for you to support your family.
hero member
Activity: 630
Merit: 611

The story that the OP wrote in this thread led me to one thought that we should really make preparations for the future. and also makes me more and more convinced that we must have more than one source of income. Having a side business is also really important because when we have to let go of one job, we still have other sources of income.

I hope the friend that OP told me about is now in a better condition and already has a better income and can better support his family. and may his wife also be given healing.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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.

Steady income doesn't only come from working in the office or doing those white collar jobs. You can get steady income from your skills or passion. We have those getting steady income from been an influencer on social media platforms like tiktok and youtube. They mightn't het the same paycheck every week or months depending on when they want to reward but the income comes in steadily.

A steady income helps any individual that has a family to support them as not only men can have a family. We now have families that both the parents, the father and mother are the same gender and they're a living happily. Family is only complete when children are present.

Yes, income that will allow them to provide for their families, whatever the venue that they earn, as long as it's enough to maintain the needs of their loved ones, day job or side-hustle things that you need to do in order to work and earn decently, or if you are good in both sides, you can save more and start your own business or invest your savings to something passive that may allow you to become financially stable.

It's more on the task that you need to address, but if you have a big overview of how the future may take you, it's quite better
to start saving or investing at your early age, as obligations are really tough when you already have someone to feed in your hands.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform

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.
That's why if you have a family or have a responsibility, don't just focus on one job. Because if you only focus on one job and don't have a business or expertise in other fields, when the company goes bankrupt or gets fired, you will definitely feel confused about finding a new job again. But it's different if you have a business or useful skills, when the company where you work has problems or is fired, you definitely won't be too confused about income, because you have a business that is already running and controlled. To start, you don't need to have a very large business, the most important thing is that you already have income and can be developed.

So the term is don't be monotonous and just stay silent when you have a job. Even though it must be packed with work schedules, try to start something new on the sidelines of the busy work. Want it to open a shop, or with other fields. And don't forget to keep saving and investing, because I consider these two factors important and mandatory in my life, and will definitely come in handy in emergencies.

With life getting more and more difficult, the cost of living is increasing day by day, and having a source of income can never be guaranteed, even if it is a high income. Indeed, we should have 2 to 3 sources of income these days because the unexpected can happen at any time. Although it will take us longer and be more tiring, for the sake of our families and to ensure the safety of our families, we need to make sacrifices.

No matter what job we do, we can't do it all our life, when we get old, no one will hire us, or we will no longer have the strength to do it. So I also agree with you, any man should have savings and investments. It is a must have, and it will be beneficial when we are old and can no longer work.
hero member
Activity: 616
Merit: 749
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.

Steady income doesn't only come from working in the office or doing those white collar jobs. You can get steady income from your skills or passion. We have those getting steady income from been an influencer on social media platforms like tiktok and youtube. They mightn't het the same paycheck every week or months depending on when they want to reward but the income comes in steadily.

A steady income helps any individual that has a family to support them as not only men can have a family. We now have families that both the parents, the father and mother are the same gender and they're a living happily. Family is only complete when children are present.
sr. member
Activity: 798
Merit: 353

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.
That's why if you have a family or have a responsibility, don't just focus on one job. Because if you only focus on one job and don't have a business or expertise in other fields, when the company goes bankrupt or gets fired, you will definitely feel confused about finding a new job again. But it's different if you have a business or useful skills, when the company where you work has problems or is fired, you definitely won't be too confused about income, because you have a business that is already running and controlled. To start, you don't need to have a very large business, the most important thing is that you already have income and can be developed.

So the term is don't be monotonous and just stay silent when you have a job. Even though it must be packed with work schedules, try to start something new on the sidelines of the busy work. Want it to open a shop, or with other fields. And don't forget to keep saving and investing, because I consider these two factors important and mandatory in my life, and will definitely come in handy in emergencies.
sr. member
Activity: 1386
Merit: 406
No matter what field of work you are employed in, you should always find an alternative work place so that if your current job is lost, you can get good support from alternative employment. 

It is also true in your friend's case that if he had an alternative workplace, he would have received better support from that workplace during this crisis. We should all learn from situations like this, not your friend's or yours. Our current financial situation is going well but none of us know what our situation may be in the future so we must think about the future and save from our current earnings to invest and create an alternative employment.
legendary
Activity: 3752
Merit: 1864
A few questions Smiley
Why the man and not the whole, complete family? Can't the wife have a good income, her own business?
And surely accumulation is the only goal? Maybe, for example, investment is the right way, at least within the idea of diversification and minimization of risks?
And maybe it is necessary to invest in the education of their children, so that they have the knowledge and skills to form a secure life?
I think this gender segregation, smells like the Middle Ages Smiley Now, in the normal world, everyone has equal rights, regardless of differences in gender, color, nationality, religion...
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
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.
Super thoughtful and straightforward to the point, to become financially independent, having a stable income is never enough, recessions and inflation in the world economy causes prices of things and cost of living to go up exponentially from time to time, it is highly recommended to have multiple streams of income, as this helps put one in a better position to face whatever life throws at him or her..

@op, advice your friend, that while looking for a job, it won't hurt to start up a business as well, and even when he manages to land a job, his wife can keep the business running.
sr. member
Activity: 924
Merit: 365
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.
hero member
Activity: 2968
Merit: 687
That is a stupid statement, they don't work for small wages, they don't work because the small wages isn't a livable wage, your statement is defending businesses that pay dirt cheap to their workers, have you seen the pay raise that many union workers ask? They're not a lot, they're smart enough to know the limit. Give me evidences that the state isn't accountable? Say if there's a war, will there be a continuous prosperity in that state?

Prosperity will never exist when the country is facing war, but in general, almost everyone does not want to work in low-paid jobs if there are other job options with more decent wages. But if some of them are facing a difficult situation such as war or like they have no other choice to survive, of course it will be very forced if they will continue to choose to work at jobs with low wages.

Although they will also continue to look for others for a more decent income because the state is only able to provide education and employment in a makeshift way, not as complete as what its citizens want. So the consideration of a job with a very small salary depends on how the environmental conditions or conditions of the country are at a certain time, because a job with a small salary is not suitable for long-term work.

Job seekers shouldn't sit back at home because of low salaries. Opportunities can as well fall out from the place of work, they can learn new skills or build an existing skill from that company. Having a gap in job history is bad for resume, and employees find it difficult to hire such applicants. That's why most time we have to start from somewhere. I understand his friend is a family man, what if he doesn't find another good paying job in few months. Staying at home is not an option, unless he's got some digital skills to keep him busy. What matters is having in mind that he won't end up in that low paying company. He should strategize his mind, to leave that place when a better opportunity arrives. Yet, he still needs the low paying job to warm up his skills to be qualified for the high paying opportunity.
If you arent that hell of a lazy guy then you would definitely not stop on finding other income sources specially when you are jobless and have a family to raise on.Its true that there are lots of opportunities
neither offline or online although it wont really be that so simple when it comes on finding or choosing which one would fit out or getting hired. When it comes to competition then it would really be a tough one
considering that you arent the only ones who had been struggling on day to day living on which it would be normal that there would be other people who would really be looking for some job.

We males or man do end up on having a family on which the primary goal or target we would really be having is to have a stable job and having that decent financial status on which you would
be able to support and give out on what your family needs which is something that very common. It is really just that there are circumstances or things which would really be hindering
for us to achieved out such state.This is why giving up shouldnt really be tolerated and find ways no matter how hard it would be.
hero member
Activity: 1750
Merit: 589

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.
I applaud you for being a great friend and helping your bro out there in ways that you can, even if it's just listening to his problem and helping him actually land a good-paying job, but at the same time given the economic situation I would say that it's going to be really hard for you guys to find a job that he's looking for. What I could suggest is looking for other forms of employment like a side-hustle, or financing his dead business back to operation and use the profits they will yield in time to actually support and fund an emergency savings account for his wife, since that's his main concern right now. In any case, if you do guys were able to find a high-paying job I would seriously congratulate you, but just because there's little to none of this around doesn't necessarily mean that your friend has no options. Time to look inward and be very curious this time.
sr. member
Activity: 644
Merit: 262
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.
Trying to making sure to keep your job stable isn't a security of a bottom line as you still can lose your job due to layoffs as a result of company trying to cut down costs due to the economic crisis and inflation around the globe. The solution to today's source of income problem is multiple streams of income and not a good payable job where you feel satisfactorily at it. Anything can happen and you get fired and if you had attached other streams to the job as source of income you would then have to fall on those other sources at the moment. There's no good financial feeling like having multiple sources of income.
hero member
Activity: 2632
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A right government always does the best and makes improvement in the economy amidst all situation in the world Market. Inflation can be kept under control through its policies. Most of the government doesn't consider much about the micro economy, which means the contribution from the small scale industries. The focus will be much on the macro level and when something unexpected hits, the economy suffers much. Most of the countries that took care of the small scale industries and supported in its progress weren't affected much by the inflation.
Give me a country that cared for their micro economy? I really want to see if they did good and do they have policies that's helpful to their economy. It's no-brainer to focus your attention on macro scale when it comes to economy, that's where the billion dollars in profit come in compare that to the combined businesses in micro scale, it won't leave a sizable dent. I'm no economist so I'd like to be disproven that macro is better than micro.

I think all that an individual goes through wherever they are citizens of depends on the country's policy on the economy. Every country is suppose to take care of its citizens needs through good micro economic policies and macroeconomics too. This is the way a country grows and creates good standard of living not desperate to generate so much profit from services provided for the poor in the society, those basic amenities for small businesses to grow need to be provided like soft loan, good roads, electricity, water, shelter and food at cheaper rates.

@ Latviand , it is not necessary that the government would generate so much profit services the micro sectors and that is why the rich are meant to be taxed higher than the low income earners through income tax. Moreover, an example of country that has good micro economic plan is US. They take care of businesses that has employees not more than 10 because they understand that they relief the government of the burden of unemployment.
full member
Activity: 1092
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What we have to understand is that expenses will continue to increase because prices will continue to rise following inflation, of course we have to be creative by continuing to increase income, there are many things we can do to increase income, if we have special abilities in making videos then we can become YouTubers and very large income opportunities.
You know another thing that can help? Voting the right people to run your country, no one wants to talk about it but it's a big factor why inflation in uncontrollable, everyone talks about increasing your income stream but no one is talking about pay raise that matches the inflation and making lobbying an illegal practice.  There's a lot of opportunities but so is the amount of people and not everyone can do what those opportunity demands

Even if the right person got leadership of the country there more than hundreds of things that can affect their decisions. They still need to follow the country’s code of conduct. Every country has their own rules and revaluations using which economical decisions are taken. Sometimes government can loosen up rules, have liberty on the individuals and corporate sectors to decide the wages. Developed countries are already running on the schemes of minimum wagering per hour payment. However there are still developing and under developed countries who aren’t on minimum wagering structure. There are many challenges. The educational flaw, lack of skill, casteism break outs, reservation quotas and much more. It’s as sophisticated as you learn it. So no single authority can really work the math just like that.
hero member
Activity: 1260
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Leading Crypto Sports Betting & Casino Platform
That is a stupid statement, they don't work for small wages, they don't work because the small wages isn't a livable wage, your statement is defending businesses that pay dirt cheap to their workers, have you seen the pay raise that many union workers ask? They're not a lot, they're smart enough to know the limit. Give me evidences that the state isn't accountable? Say if there's a war, will there be a continuous prosperity in that state?

Prosperity will never exist when the country is facing war, but in general, almost everyone does not want to work in low-paid jobs if there are other job options with more decent wages. But if some of them are facing a difficult situation such as war or like they have no other choice to survive, of course it will be very forced if they will continue to choose to work at jobs with low wages.

Although they will also continue to look for others for a more decent income because the state is only able to provide education and employment in a makeshift way, not as complete as what its citizens want. So the consideration of a job with a very small salary depends on how the environmental conditions or conditions of the country are at a certain time, because a job with a small salary is not suitable for long-term work.

Job seekers shouldn't sit back at home because of low salaries. Opportunities can as well fall out from the place of work, they can learn new skills or build an existing skill from that company. Having a gap in job history is bad for resume, and employees find it difficult to hire such applicants. That's why most time we have to start from somewhere. I understand his friend is a family man, what if he doesn't find another good paying job in few months. Staying at home is not an option, unless he's got some digital skills to keep him busy. What matters is having in mind that he won't end up in that low paying company. He should strategize his mind, to leave that place when a better opportunity arrives. Yet, he still needs the low paying job to warm up his skills to be qualified for the high paying opportunity.
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