Does a side job/business improve your finanical stability ? - page 15.

Oasisman

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Quote from: Unbunplease on March 20, 2023, 06:02:11 PM

Quote from: xSkylarx on March 20, 2023, 11:21:26 AM

There are no way to find a side jobs that you wont sacrificing any , like your time , sleep or energy because my self right now even i do work remotely as well as sidehustle i still don't have time to play on my child and also lack of sleep which you really need to sacrifice those things for you to achieve those things. Lucky those people who can still manage their time but again don't go over it that your health will got affected.

Unfortunately, many people are now paid insufficient wages for a normal life at their main job (employers, taking advantage of the crisis, reduce wages, threatening to fire them). In addition, inflation leads to higher prices. That is why moonlighting becomes a necessity.

It depends on the nature of primary job that you have. For the people here in a third world country, most of us here works for a minimum of 8 hrs 6 days a week, making it almost no time to perform a side hustle after your shift from your primary work ends for the day. I knew some people have the will to do 2 jobs every day, but I didn't see any significant changes in their financial status. Low paying jobs and continued high inflations are actually depriving people from the lower category to have their time for their family and for themselves, because working 8 hrs a day may not always going to be enough to feed his family.
Finding a 2nd job may not be necessary if you knew how to upskill and equip yourself from all the jobs that is in-demand over the internet today.

AmoreJaz

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Quote from: Unbunplease on March 20, 2023, 06:02:11 PM

Quote from: xSkylarx on March 20, 2023, 11:21:26 AM

There are no way to find a side jobs that you wont sacrificing any , like your time , sleep or energy because my self right now even i do work remotely as well as sidehustle i still don't have time to play on my child and also lack of sleep which you really need to sacrifice those things for you to achieve those things. Lucky those people who can still manage their time but again don't go over it that your health will got affected.

Unfortunately, many people are now paid insufficient wages for a normal life at their main job (employers, taking advantage of the crisis, reduce wages, threatening to fire them). In addition, inflation leads to higher prices. That is why moonlighting becomes a necessity.

nowadays, the challenge is for the mankind to survive in various crises they are facing with. pandemic, inflation, food shortage, etc. they are all the current bottlenecks to survive. if you are not up to this challenge, you would easily find yourself in deep trouble, deep debt or having anxiety or you're struggling the depression brought by the hard life.

Fatunad

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Quote from: Unbunplease on March 20, 2023, 06:02:11 PM

Quote from: xSkylarx on March 20, 2023, 11:21:26 AM

There are no way to find a side jobs that you wont sacrificing any , like your time , sleep or energy because my self right now even i do work remotely as well as sidehustle i still don't have time to play on my child and also lack of sleep which you really need to sacrifice those things for you to achieve those things. Lucky those people who can still manage their time but again don't go over it that your health will got affected.

Unfortunately, many people are now paid insufficient wages for a normal life at their main job (employers, taking advantage of the crisis, reduce wages, threatening to fire them). In addition, inflation leads to higher prices. That is why moonlighting becomes a necessity.

Its todays standard and had become part of the reality on which lots of people had been suffering from underwage which its not surprising that mostly been suffering specially this economy is really having that bad inflation where every goods and needs had been affected which makes living even more harder.This is why it is really that important that you should really be finding other sources of income which would be able to patch
up on what you are currently experiencing. Most of the time to those people who do their best on finding one is the ones who do able to survive somehow and some do even gained even further which make
their lives financially free.This is why its always been ideal to act and not to just sticking on what you do have in mind but doing nothing.

Unbunplease

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Quote from: xSkylarx on March 20, 2023, 11:21:26 AM

There are no way to find a side jobs that you wont sacrificing any , like your time , sleep or energy because my self right now even i do work remotely as well as sidehustle i still don't have time to play on my child and also lack of sleep which you really need to sacrifice those things for you to achieve those things. Lucky those people who can still manage their time but again don't go over it that your health will got affected.

Unfortunately, many people are now paid insufficient wages for a normal life at their main job (employers, taking advantage of the crisis, reduce wages, threatening to fire them). In addition, inflation leads to higher prices. That is why moonlighting becomes a necessity.

xSkylarx

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Quote from: BenCodie on March 20, 2023, 11:07:22 AM

If you can add a second/side job into your life without causing detriment to existing factors in your lifestyle, then why not? Work harder, plan smarter, progress faster! If you manage to balance something new alongside everything else in your life, there's absolutely no reason why you shouldn't end up better off or more financially stable, if combined with financially intelligent/responsible.

There are no way to find a side jobs that you wont sacrificing any , like your time , sleep or energy because my self right now even i do work remotely as well as sidehustle i still don't have time to play on my child and also lack of sleep which you really need to sacrifice those things for you to achieve those things. Lucky those people who can still manage their time but again don't go over it that your health will got affected.

BenCodie

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If you can add a second/side job into your life without causing detriment to existing factors in your lifestyle, then why not? Work harder, plan smarter, progress faster! If you manage to balance something new alongside everything else in your life, there's absolutely no reason why you shouldn't end up better off or more financially stable, if combined with financially intelligent/responsible.

Lorence.xD

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Quote from: og kush420 on February 19, 2023, 12:51:17 PM

Quote from: Marcellin9 on February 14, 2023, 02:18:12 AM

It's an excellent point that people who are struggling hard are smarter than those who are begging for the loan and scammers. The fine line between them is whether they are willing to work hard as diligently as they can. We all know that all bankers lend money for profit and they don't accept any excueses if you can't pay off the loans. Sometimes they know many borrowers are not able to pay back but still they'll lend the money. Why ? Becasue for them, their job is to lend and it is other people's job to collect money and interest. If you can not pay back, that is your problem. Does this sound like a scam ? If it does, then we are living in a world full of scams and people who are working hard to make ends meet and even look for side jobs are decent and respectful.

I value people who earn money through hard work rather than those who scam people and get the money to spend on their luxuries.
There is no excuse why people scam. Some people believe they scam because they are poor - I think they are scammer that is why they are poor.

I agree, people who started from nothing is the people I respect a lot. I've seen a lot of people who got financially stable due to having a part time job. Focusing on having an income than finding a illegal money sources like scamming which really makes them poorer. Imagine you have to depend on scamming people for your needs what if one day you can't even scam 1 person for a week? Unlike part timing which they pay you and some of them respect your availability especially if you are a student. Being financially stable doesn't always mean you can buy whatever you want but its more like you can pay your bills with no worries. Any workers that have noble work is the people I respect a lot rather than justifying their actions by scamming people for their needs. Remember that your convenient will suffer others have some conscience.

AnonBitCoiner

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actually side job helps the individuals to complete the duties of life. If a person is free to do then it will become easy to earn more money in little time as you will be involved in dual jobs.

If a person is working for two jobs in a single day then his financial status will become more attractive and I have a suggestion for them that do not use your whole money, save some amount so it will be available for your necessary works when you need it.

I suggest that with doing job you can invest some part of your money in investment techniques like that of bitcoin so your income will become double and your money will always be saved here but a person should always get knowledge before doing so.

og kush420

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Quote from: Marcellin9 on February 14, 2023, 02:18:12 AM

It's an excellent point that people who are struggling hard are smarter than those who are begging for the loan and scammers. The fine line between them is whether they are willing to work hard as diligently as they can. We all know that all bankers lend money for profit and they don't accept any excueses if you can't pay off the loans. Sometimes they know many borrowers are not able to pay back but still they'll lend the money. Why ? Becasue for them, their job is to lend and it is other people's job to collect money and interest. If you can not pay back, that is your problem. Does this sound like a scam ? If it does, then we are living in a world full of scams and people who are working hard to make ends meet and even look for side jobs are decent and respectful.

I value people who earn money through hard work rather than those who scam people and get the money to spend on their luxuries.
There is no excuse why people scam. Some people believe they scam because they are poor - I think they are scammer that is why they are poor.

Marcellin9

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Quote from: og kush420 on February 13, 2023, 01:23:18 PM

Quote from: Raflesia on February 13, 2023, 11:57:08 AM

Quote from: Ludmilla_rose1995 on February 12, 2023, 05:52:49 PM

Quote from: Marcellin9 on January 14, 2023, 01:00:22 AM

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 ?

The side job nowadays is nothing extraordinary anymore, I'm sure the majority of workers who are still in their productive age today definitely have at least 1 or 2 side jobs (I also have 1 side job), even if they only give a small amount of money. running out of money is really very bad, so multiplying savings and investments is very important.

Depends how you live I think. but indeed when looking at the potential now side jobs are clearly something that can be done but not all can do that. The conditions may be environmental or some other factor.
In my country now there are lots of people whose side jobs are content creators or streamers, even this has been happening for the last few years, but not all of them can do that because besides requiring skills, they also need popularity, so when they don't have that would be difficult too.

This seems easy to do but only a handful of people can do it.

Some people do the side jobs because they love money other do it because they have need some extra money to meet their finances.
In either case - people who are struggling hard are a smarter, than those who are begging for the loan and scamming people

It's an excellent point that people who are struggling hard are smarter than those who are begging for the loan and scammers. The fine line between them is whether they are willing to work hard as diligently as they can. We all know that all bankers lend money for profit and they don't accept any excueses if you can't pay off the loans. Sometimes they know many borrowers are not able to pay back but still they'll lend the money. Why ? Becasue for them, their job is to lend and it is other people's job to collect money and interest. If you can not pay back, that is your problem. Does this sound like a scam ? If it does, then we are living in a world full of scams and people who are working hard to make ends meet and even look for side jobs are decent and respectful.

Raceonsucced

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Yes, high-paying jobs are a bit scarce nowadays. And a side job is really needed.

Side jobs can indeed increase income and we can have spare money. But, having a steady job is also a must.

White pawn

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Quote from: tjtonmoy on February 13, 2023, 02:18:18 PM

That's true, many people are looking for ways to increase their income, especially in today's economy where the cost of living is constantly rising. Having a side job or a part-time job can help people make extra money to support their financial needs and achieve their financial goals. Additionally, having a side job can also provide individuals with valuable work experience and help them develop new skills that they can use in their career.

Right. We need to acquire more relevant skills to progress in our careers. And a side gig could help you acquire some skills you would likely need in the long run.
It’s now obvious in the steadily increasing high cost of living that a side gig is important and relevant as acquiring a skill. The work experience developed along as the skills obtained would add some boost to your application when applying for a job.

Ryu_Ar1

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Quote from: fuer44 on February 13, 2023, 11:30:08 AM

Yes, a side job can be very helpful if what we do doesn't interfere with our main job in terms of time, energy, and our head. For office staff, maybe they can still save some energy to do other work later. But if we talk about all the jobs (including heavy work such as carpentry, mechanics, construction), it will be very hard if you have worked all day and have to take care of other things.

This is one of the risks that we have to go through because regardless of the conditions, if we do main and side jobs then inevitably this has to be draining in terms of time, energy and mind so managing time properly is one of the right things.
But it can be paid off with the results that of course we achieve because it is certain that by working on the side we will earn more than the wages we get.
As long as we're not hampered by that and as long as we can share our time I think that's a good thing.
Currently I work in an office as a main job and have several sidelines in terms of Internet-based. I'm comfortable with it even though it's a bit of a sacrifice of time as long as I think I can do this then it's not a problem.

tjtonmoy

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Quote from: Pamadar on February 11, 2023, 06:42:16 PM

Not that they are not content but most because they are aiming or looking for better compensation, and if they can do it by extending
their limits finding the right side job or part times.

They can add more to thier monthly salary, money that they can use to address their finances
a very big help for them to have a much lighter and easier in terms of daily needs.

That's true, many people are looking for ways to increase their income, especially in today's economy where the cost of living is constantly rising. Having a side job or a part-time job can help people make extra money to support their financial needs and achieve their financial goals. Additionally, having a side job can also provide individuals with valuable work experience and help them develop new skills that they can use in their career.

og kush420

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Quote from: Raflesia on February 13, 2023, 11:57:08 AM

Quote from: Ludmilla_rose1995 on February 12, 2023, 05:52:49 PM

Quote from: Marcellin9 on January 14, 2023, 01:00:22 AM

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 ?

The side job nowadays is nothing extraordinary anymore, I'm sure the majority of workers who are still in their productive age today definitely have at least 1 or 2 side jobs (I also have 1 side job), even if they only give a small amount of money. running out of money is really very bad, so multiplying savings and investments is very important.

Depends how you live I think. but indeed when looking at the potential now side jobs are clearly something that can be done but not all can do that. The conditions may be environmental or some other factor.
In my country now there are lots of people whose side jobs are content creators or streamers, even this has been happening for the last few years, but not all of them can do that because besides requiring skills, they also need popularity, so when they don't have that would be difficult too.

This seems easy to do but only a handful of people can do it.

Some people do the side jobs because they love money other do it because they have need some extra money to meet their finances.
In either case - people who are struggling hard are a smarter, than those who are begging for the loan and scamming people

Raflesia

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Quote from: Ludmilla_rose1995 on February 12, 2023, 05:52:49 PM

Quote from: Marcellin9 on January 14, 2023, 01:00:22 AM

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 ?

The side job nowadays is nothing extraordinary anymore, I'm sure the majority of workers who are still in their productive age today definitely have at least 1 or 2 side jobs (I also have 1 side job), even if they only give a small amount of money. running out of money is really very bad, so multiplying savings and investments is very important.

Depends how you live I think. but indeed when looking at the potential now side jobs are clearly something that can be done but not all can do that. The conditions may be environmental or some other factor.
In my country now there are lots of people whose side jobs are content creators or streamers, even this has been happening for the last few years, but not all of them can do that because besides requiring skills, they also need popularity, so when they don't have that would be difficult too.

This seems easy to do but only a handful of people can do it.

fuer44

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Quote from: WatChe on February 12, 2023, 12:42:21 PM

Quote from: fuer44 on February 11, 2023, 09:37:28 PM

Not necessarily stable
For example those of us who already have a monthly salary choose to do business outside of work, for example become a seller or whatever that is. Because we still have a main job, in the end we only think of the business as a sideline and don't focus full time there. It will actually lead to poor financial management of us. Let's say we spend money to start, but because we are still focused on our main job, our business ends up being abandoned.

But if the side job in question is trading or investing, we may still have plenty of time for that but the risk of loss is also haunting.

I have couple of people in my office who did part time business, one was in real estate and other one was in wrist watches. They did established there business and when they were confident that they have a business they can rely on they left the job. Having said that I didn't mean that business is for everyone. I myself do part time work (not business) on different freelancing platform and result is good overall income at the end of month.
So it totally depends on your skill set and how much determined to earn apart from your secure job salary.

Yes, a side job can be very helpful if what we do doesn't interfere with our main job in terms of time, energy, and our head. For office staff, maybe they can still save some energy to do other work later. But if we talk about all the jobs (including heavy work such as carpentry, mechanics, construction), it will be very hard if you have worked all day and have to take care of other things.

Raizok21

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Quote from: Marcellin9 on January 14, 2023, 01:00:22 AM

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 ?

Obviously, side job also takes time and effort but since you want to be financially stable there's no other way. First thing I'll be doing is developing and adding skills and knowledge as much as possible. Then, I'll start freelancing, maybe as a technical writer or a web designer, depends on what skillset I've developed, so I don't put too much time on my side job since I have a main job. In addition, if you can't have additional source of income then lessen the amount you're spending.

Aanuoluwatofunmi

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I can't remember counting on the numbers of attempts I've given in trying out side jobs and other menial source of income to earn a living, the beauty in doing this is the freedom and comfortability thay comes along doing them, you can maneuver to engage doing one or two other means to earn income without one being affected as long as you're willing and able to give it the time and effort it required, it may come uneasy because one may probably have no much tine in engaging on other things but living a comfortable life that makes ends meet will be easily achieved through this.

Smack That Ace

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Quote from: UserU on February 12, 2023, 09:44:58 AM

Quote from: Smack That Ace on February 12, 2023, 09:09:28 AM

Well, in this case, I think before you say the company is not fair to you, you should reconsider yourself. I do not claim that you do not do well or do not complete the assigned work, but evaluate fairly and objectively to find out the cause. I believe the company does that for a reason, maybe new people have better knowledge, do better work, or they know how to please their superiors more than you...Or the company is looking to replace you with more enthusiastic young people, and they don't want to fire you, they want you to resign yourself.

The thing is that, the company itself has a very high turnover rate. I was informed that even the seniors that joined before me left within after 1- 2 years. Also faced the same thing.

Empty promises.

I'm not in your situation so I don't know what's going on with you either, it could be you, or it could be the company. But in case, if you think that your current job is uncomfortable or you feel that they are unfair to you, and if you believe that you deserve more, then you need to find another one. But with the current difficult economic situation and widespread unemployment, you should not rush to quit your job but find a more suitable time.

Topic: Does a side job/business improve your finanical stability ? - page 15. (Read 3451 times)