Does a side job/business improve your finanical stability ? - page 11.

BRINIRHA

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Quote from: Unbunplease on April 05, 2023, 06:39:16 PM

Quote from: harapan on April 05, 2023, 02:33:25 PM

It's always good to have something on the side. Relying on just one job these days is risky because of the rate of inflation especially if you don't earn a very big salary. Even those who earn high salaries try to involve in one form of investment or the other. The their is the fact that you can loose your jib at any time these days.
If you have considered starting a side hustle then you should go along with it. I cant say for certain how far it will help you in your pursuit for financial stability but I know its always better to have multiple sources of income that having just one.

I agree with this. These days, having only one source of income as your main job is too risky. The firm you work for could go bankrupt at any time, and you'd be left with nothing. And finding a new job takes time - and you need the money now. So it is necessary to have an additional source of income.

Yes. A side job can also help us to save more money either in savings or in investments. but we also have to choose a side job that still allows us to have plenty of time to rest. so that we can also maintain our health. because in order for us to work optimally we certainly need a healthy body.

xSkylarx

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Quote from: Marcellin9 on April 05, 2023, 09:33:48 PM

Quote from: Hispo on April 05, 2023, 02:19:56 PM

If a formal job was not enough to make a living I would do what many people around here do and I would try to start an independent project where I can use my skills as freelancer.

Here in Venezuela, those who have a formal job in the public administration can earn as little as 5$ per month, so they earn the rest of the money they need by purchasing and reselling things from abroad, baking cakes and making food, reparation services, tutoring services, etc.

I would dare to say this is a country that a good percentage of it's economy is kept by the informal businesses. I have myself considered to start something similar, but I have not yet.

Well, a formal job in the public administration earns only $5 per month ? That's too little to live on. If most people can only survive by having informal job hustles or businesses, that is a real problem for the government, or simply admit it, your government is the problem. However, most people are still trying to grab any working opportunity to make ends meet, which is quite a good thing for your country. I respect all those who work hard to fulfill their responsibilities. Hope you'll find a side business to offer you a sizable profit.Â Good luck.

What country is this? It is very low; you can't live on $5 a month even if you have no family. That was really an exploit to the employee; having this kind of salary is not worth it. The government or authority should be taking action on this, but again, for sure, this country is third world or full of corrupt officials in the government, which is why they don't care at all about their employees or other people.

Marcellin9

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Quote from: Hispo on April 05, 2023, 02:19:56 PM

If a formal job was not enough to make a living I would do what many people around here do and I would try to start an independent project where I can use my skills as freelancer.

Here in Venezuela, those who have a formal job in the public administration can earn as little as 5$ per month, so they earn the rest of the money they need by purchasing and reselling things from abroad, baking cakes and making food, reparation services, tutoring services, etc.

I would dare to say this is a country that a good percentage of it's economy is kept by the informal businesses. I have myself considered to start something similar, but I have not yet.

Well, a formal job in the public administration earns only $5 per month ? That's too little to live on. If most people can only survive by having informal job hustles or businesses, that is a real problem for the government, or simply admit it, your government is the problem. However, most people are still trying to grab any working opportunity to make ends meet, which is quite a good thing for your country. I respect all those who work hard to fulfill their responsibilities. Hope you'll find a side business to offer you a sizable profit. Good luck.

dunfida

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Quote from: Unbunplease on April 05, 2023, 06:39:16 PM

Quote from: harapan on April 05, 2023, 02:33:25 PM

It's always good to have something on the side. Relying on just one job these days is risky because of the rate of inflation especially if you don't earn a very big salary. Even those who earn high salaries try to involve in one form of investment or the other. The their is the fact that you can loose your jib at any time these days.
If you have considered starting a side hustle then you should go along with it. I cant say for certain how far it will help you in your pursuit for financial stability but I know its always better to have multiple sources of income that having just one.

I agree with this. These days, having only one source of income as your main job is too risky. The firm you work for could go bankrupt at any time, and you'd be left with nothing. And finding a new job takes time - and you need the money now. So it is necessary to have an additional source of income.

Risk on the sense that you might really be that be fired or would be laid off and this is the primary risks when you do have a day job on which you cant really assure that you would really be having this for the rest of your life or until you would really be retiring. This is why it would really be just fine or normal that you should really be finding other sources of income as much as possible or as long you do able to do so when you are still young. It is really just depending on how you would really be working hard for it. You cant really be able to enhance your way of living if you wont act now and just waiting up and sitting down until things
turns out to worst. Act while its still early.

Unbunplease

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Quote from: harapan on April 05, 2023, 02:33:25 PM

It's always good to have something on the side. Relying on just one job these days is risky because of the rate of inflation especially if you don't earn a very big salary. Even those who earn high salaries try to involve in one form of investment or the other. The their is the fact that you can loose your jib at any time these days.
If you have considered starting a side hustle then you should go along with it. I cant say for certain how far it will help you in your pursuit for financial stability but I know its always better to have multiple sources of income that having just one.

I agree with this. These days, having only one source of income as your main job is too risky. The firm you work for could go bankrupt at any time, and you'd be left with nothing. And finding a new job takes time - and you need the money now. So it is necessary to have an additional source of income.

abralzain17

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Quote from: pantek talacuik on April 03, 2023, 07:28:50 PM

Quote from: abralzain17 on April 03, 2023, 05:09:35 PM

Quote from: Joshapat on April 03, 2023, 12:45:49 AM

I also do several side jobs and of course the results can help financially, around my house there are many empty houses that want to be sold, if the house is fully furnished then I will invite the owner to work with me to manage and rent it out daily to monthly, and this can make me earn about 40% of my monthly salary.

almost everyone is currently experiencing bad economic conditions, making good use of time and taking every opportunity or opportunity that exists is part of the solution that needs to be done. like the opportunity that you have done, in my opinion it is very good to stabilize your finances besides you get a monthly salary from what you do.
I hope for the best and from whatever we live to meet the needs of our family and stabilize the economy which has been sinking so far

Recessions happen every year and if you can't keep moving and don't take a side job that can make you profitable maybe the monthly money you receive won't be enough to pay all your bills. every year all prices will continue to soar and you will only be paid with $ 150 per month. so sad.

Yes, it's true as you said, doing side jobs that make money is a solution to current economic constraints and it shows that taking this opportunity will stabilize someone's finances. looking for other opportunities or side jobs is important, but don't leave your permanent job.

harapan

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Quote from: Hispo on April 05, 2023, 02:19:56 PM

If a formal job was not enough to make a living I would do what many people around here do and I would try to start an independent project where I can use my skills as freelancer.

Here in Venezuela, those who have a formal job in the public administration can earn as little as 5$ per month, so they earn the rest of the money they need by purchasing and reselling things from abroad, baking cakes and making food, reparation services, tutoring services, etc.

I would dare to say this is a country that a good percentage of it's economy is kept by the informal businesses. I have myself considered to start something similar, but I have not yet.

It's always good to have something on the side. Relying on just one job these days is risky because of the rate of inflation especially if you don't earn a very big salary. Even those who earn high salaries try to involve in one form of investment or the other. The their is the fact that you can loose your jib at any time these days.
If you have considered starting a side hustle then you should go along with it. I cant say for certain how far it will help you in your pursuit for financial stability but I know its always better to have multiple sources of income that having just one.

Hispo

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If a formal job was not enough to make a living I would do what many people around here do and I would try to start an independent project where I can use my skills as freelancer.

Here in Venezuela, those who have a formal job in the public administration can earn as little as 5$ per month, so they earn the rest of the money they need by purchasing and reselling things from abroad, baking cakes and making food, reparation services, tutoring services, etc.

I would dare to say this is a country that a good percentage of it's economy is kept by the informal businesses. I have myself considered to start something similar, but I have not yet.

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Quote from: Gladitorcomeback on April 05, 2023, 01:05:58 PM

Jobs are limited and everyone cannot get job therefore people are in search of finding some new jobs which can provide them good income. Selection of side job is necessary because of little income and also some people select it because they wants to be engaged themselves in busy schedules.

A person doing a job on daily basis but this job does not give any useful salary therefore a person needs a job that he do as a side job to make useful amount of money so their life will become easy for them.

Side job is necessary and one required side job because of expensive materials which a common man cannot afford to buy. Side job is necessary because if due to some issues you have to leave your job then side job will be with you to get a good source of income.

Side gigs, they're like Bigfoot, scarce and tough to pin down. Finding one worth your sweat and hours ain't easy, and making real dough from it's even tougher. It's like hide and seek, where the prize is a few extra bucks in your wallet.
But don't throw in the towel yet. Do some digging, and with a stroke of luck, you might stumble on a side hustle that clicks. It's like a treasure hunt, guiding you to a jackpot at the rainbow's end.

Just stay sharp and skeptical. Plenty of cons and schemes lurk, ready to prey on the naive. It's like a game of cat and mouse, where the mouse is your cash and the cat is your street smarts.

blockman

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Quote from: Pamadar on April 05, 2023, 11:29:59 AM

Quote from: blockman on April 05, 2023, 09:26:04 AM

Quote from: CageMabok on April 05, 2023, 09:10:27 AM

Actually it's not that difficult if you want to find a side business for yourself because it is based on your own self-expression. You can make a job on this forum or in the crypto space as your side job even if the results are very different from your main job. Because you can look for another job that you consider your main job, even if the results are not that good, this will really help you if the amount of salary is always stable every month.

A job and a business are different ways of making money, having a business could start from doing it as a side hustle but eventually as it grows, you'll have to go full-time on until you manage the system and it's almost automated because you've got people that are working for you and make money for you and the same as what you do to them. But one thing in starting a business, I'd like to disagree with what you've said that it's easy because as a matter of fact, starting one is the hardest and then maintaining it is the next challenge that you need to take.

Starting is the crucial part of it, and yes, in the sense of building maybe you can say that if you have knowledge, then you can start it, but in terms of establishing and making it profitable is that where the challenges are.

You need to work on every aspect that will affect your growth. It's not just putting it up and expect that
it will grow instantly. There are many factors that will affect the outcome and you should always be aware
on how you should learn everything to find your success.

True, I saw many aspiring business people and that's their methodology to start with until they experience the actual running of a business. That's how they saw the reality of it that it ain't easy as they've thought so. Because there's so much to it rather than just building and putting it up, it doesn't end there and there's so much more to learn and process until it becomes a stable business that shall give you financial freedom because you can do something else when it's already on that point.

Gladitorcomeback

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Jobs are limited and everyone cannot get job therefore people are in search of finding some new jobs which can provide them good income. Selection of side job is necessary because of little income and also some people select it because they wants to be engaged themselves in busy schedules.

A person doing a job on daily basis but this job does not give any useful salary therefore a person needs a job that he do as a side job to make useful amount of money so their life will become easy for them.

Side job is necessary and one required side job because of expensive materials which a common man cannot afford to buy. Side job is necessary because if due to some issues you have to leave your job then side job will be with you to get a good source of income.

bitzizzix

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Quote from: Pamadar on April 05, 2023, 11:29:59 AM

Quote from: blockman on April 05, 2023, 09:26:04 AM

Quote from: CageMabok on April 05, 2023, 09:10:27 AM

Actually it's not that difficult if you want to find a side business for yourself because it is based on your own self-expression. You can make a job on this forum or in the crypto space as your side job even if the results are very different from your main job. Because you can look for another job that you consider your main job, even if the results are not that good, this will really help you if the amount of salary is always stable every month.

A job and a business are different ways of making money, having a business could start from doing it as a side hustle but eventually as it grows, you'll have to go full-time on until you manage the system and it's almost automated because you've got people that are working for you and make money for you and the same as what you do to them. But one thing in starting a business, I'd like to disagree with what you've said that it's easy because as a matter of fact, starting one is the hardest and then maintaining it is the next challenge that you need to take.

Starting is the crucial part of it, and yes, in the sense of building maybe you can say that if you have knowledge, then you can start it, but in terms of establishing and making it profitable is that where the challenges are.

You need to work on every aspect that will affect your growth. It's not just putting it up and expect that
it will grow instantly. There are many factors that will affect the outcome and you should always be aware
on how you should learn everything to find your success.

Actually what you are talking about all depends on what type of work or side business and if you want to have a large side income, of course it requires a process of struggle and also the trials you will face and other things.
but if it's just for extra income and without having to be big in my opinion it's easy, and most importantly there is the will, enthusiasm and also the patience to carry it out.
in this day and age one must have the will, be creative and skilled to find a side job that is not done all day if it is called working and has a salary. And the side income that is earned outside working hours and also outside working hours for additional income which in my opinion is very much, especially if you have a vehicle that can be used as online or other transportation.

Pamadar

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Quote from: blockman on April 05, 2023, 09:26:04 AM

Quote from: CageMabok on April 05, 2023, 09:10:27 AM

Actually it's not that difficult if you want to find a side business for yourself because it is based on your own self-expression. You can make a job on this forum or in the crypto space as your side job even if the results are very different from your main job. Because you can look for another job that you consider your main job, even if the results are not that good, this will really help you if the amount of salary is always stable every month.

A job and a business are different ways of making money, having a business could start from doing it as a side hustle but eventually as it grows, you'll have to go full-time on until you manage the system and it's almost automated because you've got people that are working for you and make money for you and the same as what you do to them. But one thing in starting a business, I'd like to disagree with what you've said that it's easy because as a matter of fact, starting one is the hardest and then maintaining it is the next challenge that you need to take.

Starting is the crucial part of it, and yes, in the sense of building maybe you can say that if you have knowledge, then you can start it, but in terms of establishing and making it profitable is that where the challenges are.

You need to work on every aspect that will affect your growth. It's not just putting it up and expect that
it will grow instantly. There are many factors that will affect the outcome and you should always be aware
on how you should learn everything to find your success.

blockman

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Quote from: CageMabok on April 05, 2023, 09:10:27 AM

Actually it's not that difficult if you want to find a side business for yourself because it is based on your own self-expression. You can make a job on this forum or in the crypto space as your side job even if the results are very different from your main job. Because you can look for another job that you consider your main job, even if the results are not that good, this will really help you if the amount of salary is always stable every month.

A job and a business are different ways of making money, having a business could start from doing it as a side hustle but eventually as it grows, you'll have to go full-time on until you manage the system and it's almost automated because you've got people that are working for you and make money for you and the same as what you do to them. But one thing in starting a business, I'd like to disagree with what you've said that it's easy because as a matter of fact, starting one is the hardest and then maintaining it is the next challenge that you need to take.

CageMabok

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Quote from: Semar Mesem on April 04, 2023, 11:36:01 AM

Not always a side / business can make our income stable or increase significantly, to do a side job of course we have to have special skills, unfortunately I don't have enough time to find a side job. but the idea of looking for a side job is of course because we like it or it's a hobby so if we fail then we won't cry.

Actually it's not that difficult if you want to find a side business for yourself because it is based on your own self-expression. You can make a job on this forum or in the crypto space as your side job even if the results are very different from your main job. Because you can look for another job that you consider your main job, even if the results are not that good, this will really help you if the amount of salary is always stable every month.

BRINIRHA

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Quote from: Semar Mesem on April 04, 2023, 11:36:01 AM

Not always a side / business can make our income stable or increase significantly, to do a side job of course we have to have special skills, unfortunately I don't have enough time to find a side job. but the idea of looking for a side job is of course because we like it or it's a hobby so if we fail then we won't cry.

indeed not everyone can do this type of side job. like someone who has a tight and busy work schedule. then they will only focus on the main job and then rest when they come home from work. but some people who have a less rigorous type of work and spend less time at work. then of course people who are in that position will have some free time that they can use to look for other types of side jobs to earn additional income and help finances become more stable. and I think not all types of side jobs require special skills. some can even be learned easily via the internet. or even we can take advantage of social media to get additional income. whether it's becoming a reseller or becoming a content creator. even making vlogs can also be income if we routinely publish our daily routines.

bakasabo

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Quote from: Fakhrulenclix on April 05, 2023, 02:44:17 AM

of course a side job will be able to increase financial stability but not everyone wants to do it for various reasons

Then those people who skip side jobs are either already financially stable or stupid because they lose an opportunity. I cant understand why a person refuses a chance to earn extra money, as usually side jobs arent complicated, but are only time consuming, thus they arent always available. I mean people dont usually have 24/7 variety of side jobs available. All it takes to feel uncomfortable for few hours (because instead, a person would simply rest), get job done and get some extra money. I cant understand people, who are offered to work some extra, all they have to do is to reach out and take money, yet they refuse to do that...

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Quote from: Dr.Osh on April 05, 2023, 01:05:53 AM

Quote from: Kakmakr on April 04, 2023, 02:00:12 AM

I started out with Bitcoin when faucets were still very popular, so I can tell you.. for some people that was like an extra job. They spend hour after hour, clicking on a button to get free money. I quickly saw that faucet sucking was a waste of time and that the same time could be better spend on doing things that were more profitable.

So, I started to study and research Crypto currencies and I broadened my experience and took on other projects on a part-time basis that were more profitable. Those projects paid for many things that I could not afford on my primary income from my day-to-day job. Tongue

right, I also remember in 2016-2017, when I was still focused on a job, but I was also constantly looking for additional income from crypto, especially bounties, airdrops and faucets. well, it really adds to the finances that I have. well, indirectly, this is proof that a side job really adds financial stability if you find a side job that is fun and also with time that you can manage yourself without hindering your main job.

of course a side job will be able to increase financial stability but not everyone wants to do it for various reasons, whether it drains a lot of time or the risks that will be faced.
but what you have to admit is that when you choose to look for a side job from Crypto it is a big advantage, where you can get a sizable profit and also a little free time.

maybe we here have almost the same experience looking for additional income from crypto, bounties and also airdrops, the reason why I chose that is of course because of the financial benefits and time gains that I might not be able to get anywhere else.

Dr.Osh

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Quote from: Kakmakr on April 04, 2023, 02:00:12 AM

I started out with Bitcoin when faucets were still very popular, so I can tell you.. for some people that was like an extra job. They spend hour after hour, clicking on a button to get free money. I quickly saw that faucet sucking was a waste of time and that the same time could be better spend on doing things that were more profitable.

So, I started to study and research Crypto currencies and I broadened my experience and took on other projects on a part-time basis that were more profitable. Those projects paid for many things that I could not afford on my primary income from my day-to-day job. Tongue

right, I also remember in 2016-2017, when I was still focused on a job, but I was also constantly looking for additional income from crypto, especially bounties, airdrops and faucets. well, it really adds to the finances that I have. well, indirectly, this is proof that a side job really adds financial stability if you find a side job that is fun and also with time that you can manage yourself without hindering your main job.

Pamadar

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Quote from: pantek talacuik on April 03, 2023, 07:28:50 PM

Quote from: abralzain17 on April 03, 2023, 05:09:35 PM

Quote from: Joshapat on April 03, 2023, 12:45:49 AM

I also do several side jobs and of course the results can help financially, around my house there are many empty houses that want to be sold, if the house is fully furnished then I will invite the owner to work with me to manage and rent it out daily to monthly, and this can make me earn about 40% of my monthly salary.

almost everyone is currently experiencing bad economic conditions, making good use of time and taking every opportunity or opportunity that exists is part of the solution that needs to be done. like the opportunity that you have done, in my opinion it is very good to stabilize your finances besides you get a monthly salary from what you do.
I hope for the best and from whatever we live to meet the needs of our family and stabilize the economy which has been sinking so far

Recessions happen every year and if you can't keep moving and don't take a side job that can make you profitable maybe the monthly money you receive won't be enough to pay all your bills. every year all prices will continue to soar and you will only be paid with $ 150 per month. so sad.

And that kind of situation needs to consider being inspired to find side jobs that will help you to land additional earnings for your finances. If you'll be able to get an additional profitable side job, it will help to cover your needs.

Not only that, it can also help to allow you to save some for your future investment, just be mindful
with your expenses and not to overuse your money, you'll be able to survive and you'll be able to
maximize your opportunities in terms of investment if you have a good side job that can bring additional
income.

Topic: Does a side job/business improve your finanical stability ? - page 11. (Read 3296 times)