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Topic: Does a side job/business improve your finanical stability ? - page 2. (Read 3441 times)

full member
Activity: 406
Merit: 100
Of course having a side job or a business can really improve your financial stability. It can provide an additional source of income, which can help you pay off debts, save for emergencies or achieve your financial goals faster. It is important to note that starting a side business or taking a second job requires time and effort. You'll need to balance your work responsibilities with your personal life and make sure you don't burn out. There may be legal and tax implications to consider, so it's important to do your research and seek professional advice if necessary. When considering a side job or business, its important to choose something that aligns with your skills, interests and values. This can help ensure that you enjoy the work and are motivated to put in the necessary effort. It's also important to set realistic goals and expectations for your side income and track your progress regularly.
legendary
Activity: 2436
Merit: 1366
I think it does. Wages are generally lagging behind inflation and financial crisis. If you are able to set up stable business you can avoid many issues. Second jobs are bit too useless in my opinion. You waste your life marginal gains. But money generating business is something perfect. If you combine wage with business you can strike huge investment opportunities too. Not paying from bill to bill but saving money to do investments is better.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
Yes, having a side job or business does improve your financial stability. You are bringing in additional money that you would not have if you did not have a side job or business.
The good thing about having a side job or business is that having a supplemental income allows you to be financially ahead with your bills, rent, or other expenses.
This is why I like having my side job or business because I can generate an additional income in my free time.
Find different ways to make additional money and not be comfortable with your full-time job. Get ahead and get a side job to further achieve your financial goals.   

But what if the amount spend or created something during full-time job influence the amount of money person gets? The more he work/produce, the more he earns. That person can spend his free time to get rest and be more productive at full-time job, or he can spend time doing side job. What will you prefer in that case? Doing side jobs not guarantee being paid for it. Person can get scammed, or worked for "thank you".

With my free time, I try to do some side jobs to get extra money, but sometimes, offered payment is so low (it is explained that I got paid in cash, dont pay taxes, dont include VAT and etc), that it is better to skip side job, than work for minimum money.
Relying on secondary work and enterprises for our financial freedom, are we? While I don't aim to drench the entrepreneurial flame, let's infuse some pragmatism into our money-making quest. Indeed, the side hustle has its appeal. Yet remember, not all secondary jobs are a winning lottery, and not every hustle delivers the golden ticket. You might devote yourself to a task and earn only applause. Seems like a raw deal for your time, right? Plus, your idea about putting in more hours to enhance productivity is intriguing. Could it be wiser to dedicate resources to improving skills and boosting productivity at your day job? The bonus? Refreshment. Who knew taking a breather could unlock financial success?
hero member
Activity: 882
Merit: 654
Leading Crypto Sports Betting & Casino Platform
Yes, having a side job or business does improve your financial stability. You are bringing in additional money that you would not have if you did not have a side job or business.
The good thing about having a side job or business is that having a supplemental income allows you to be financially ahead with your bills, rent, or other expenses.
This is why I like having my side job or business because I can generate an additional income in my free time.
Find different ways to make additional money and not be comfortable with your full-time job. Get ahead and get a side job to further achieve your financial goals.   

Do anything that makes money apart from the steady job we have, because it will make us more prepared when we might think about starting our own business and getting out of the job we currently have. Most people just sit in their comfort zone, so they are satisfied with just one income, even though the free time they have is enough to do side jobs that will bring financial benefits. Moreover, now is the era when we can see business opportunities from anywhere, including from our own hands. I mean the cellphone that we have can really generate income with an online business or something like that, that is one of the real opportunities in our hands, yes, although it might take time for something we build to produce what we want.

Though there are still people content with where they are, like they are receiving enough money on their job and their free time, they will tend to relax and rest, unlike us, who are aiming higher as our salary is not enough. That is also the reason for others, even if they are working two jobs and have a side hustle just to cope with their needs. You are right, you can build a business through the phone, but that means that you can build a physical business, and for the marketing, it would be on the phone for social media.
It's a very good discussion going on here, although many people in a country where the economy is good and people are enjoying themselves might not feel it so much. While those in developing or poor countries will understand better the reason why they need multiple income streams. This is irrespective of what you are currently earning, what you are earning might be comfortable for you but what if you suddenly lose the job or business?

Or you don't think you have to create wealth if possible for your children or at least have a money store that will make them comfortable before they can get on their feet? There are many reasons we should try to make more if there is an opportunity to do so.
legendary
Activity: 2520
Merit: 1218
Yes, having a side job or business does improve your financial stability. You are bringing in additional money that you would not have if you did not have a side job or business.
The good thing about having a side job or business is that having a supplemental income allows you to be financially ahead with your bills, rent, or other expenses.
This is why I like having my side job or business because I can generate an additional income in my free time.
Find different ways to make additional money and not be comfortable with your full-time job. Get ahead and get a side job to further achieve your financial goals.   

But what if the amount spend or created something during full-time job influence the amount of money person gets? The more he work/produce, the more he earns. That person can spend his free time to get rest and be more productive at full-time job, or he can spend time doing side job. What will you prefer in that case? Doing side jobs not guarantee being paid for it. Person can get scammed, or worked for "thank you".

With my free time, I try to do some side jobs to get extra money, but sometimes, offered payment is so low (it is explained that I got paid in cash, dont pay taxes, dont include VAT and etc), that it is better to skip side job, than work for minimum money.
hero member
Activity: 2366
Merit: 594
Yes, having a side job or business does improve your financial stability. You are bringing in additional money that you would not have if you did not have a side job or business.
The good thing about having a side job or business is that having a supplemental income allows you to be financially ahead with your bills, rent, or other expenses.
This is why I like having my side job or business because I can generate an additional income in my free time.
Find different ways to make additional money and not be comfortable with your full-time job. Get ahead and get a side job to further achieve your financial goals.   

Do anything that makes money apart from the steady job we have, because it will make us more prepared when we might think about starting our own business and getting out of the job we currently have. Most people just sit in their comfort zone, so they are satisfied with just one income, even though the free time they have is enough to do side jobs that will bring financial benefits. Moreover, now is the era when we can see business opportunities from anywhere, including from our own hands. I mean the cellphone that we have can really generate income with an online business or something like that, that is one of the real opportunities in our hands, yes, although it might take time for something we build to produce what we want.

Though there are still people content with where they are, like they are receiving enough money on their job and their free time, they will tend to relax and rest, unlike us, who are aiming higher as our salary is not enough. That is also the reason for others, even if they are working two jobs and have a side hustle just to cope with their needs. You are right, you can build a business through the phone, but that means that you can build a physical business, and for the marketing, it would be on the phone for social media.
hero member
Activity: 1666
Merit: 701
Yes, having a side job or business does improve your financial stability. You are bringing in additional money that you would not have if you did not have a side job or business.
The good thing about having a side job or business is that having a supplemental income allows you to be financially ahead with your bills, rent, or other expenses.
This is why I like having my side job or business because I can generate an additional income in my free time.
Find different ways to make additional money and not be comfortable with your full-time job. Get ahead and get a side job to further achieve your financial goals.   

Do anything that makes money apart from the steady job we have, because it will make us more prepared when we might think about starting our own business and getting out of the job we currently have. Most people just sit in their comfort zone, so they are satisfied with just one income, even though the free time they have is enough to do side jobs that will bring financial benefits. Moreover, now is the era when we can see business opportunities from anywhere, including from our own hands. I mean the cellphone that we have can really generate income with an online business or something like that, that is one of the real opportunities in our hands, yes, although it might take time for something we build to produce what we want.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
Yes, having a side job or business does improve your financial stability. You are bringing in additional money that you would not have if you did not have a side job or business.
The good thing about having a side job or business is that having a supplemental income allows you to be financially ahead with your bills, rent, or other expenses.
This is why I like having my side job or business because I can generate an additional income in my free time.
Find different ways to make additional money and not be comfortable with your full-time job. Get ahead and get a side job to further achieve your financial goals.   
full member
Activity: 406
Merit: 100

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 ?

Having a side job or starting up a business can definitely improve financial stability. A side job can provide additional income that can be used to pay off debt, save for the future, or cover unexpected expenses. It can also provide a cushion in case of a job loss or reduction in hours at the primary job. It is important to consider the impact on work life balance and make sure the side job doesn't interfere with the primary job or personal life. Starting a business can aslo improve financial stability, but it requires more time and effort upfront. A successful business can provide a steady income and potentially even replace the primary job. There is also risk of failure and financial loss, so it is important to do a research and plan before starting a business. Whether a side job or business is the best option for improving financial stability depends on individual circumstances and goals.
sr. member
Activity: 1008
Merit: 262
20BET - Premium Casino & Sportsbook
It is important to proactively prepare and take steps towards your goals, as it is essential to navigating uncertain times. While we can't predict the future with certainty, having a clear vision, setting goals, and taking action can increase your chances of success. Remember that setbacks and obstacles are a natural part of any journey, but resilience and perseverance can help you get through them. So focus on your long-term goals while being flexible in your approach. And most importantly, take care of your physical and mental health along the way.
Side hustle is one of the important hustle we need to take serious to earn more money mostly when we ha e other things we are doing. Those we know how to find there way would not have problem on how to make money money and take care of there need when necessary. There are people today that are being choked with there work and they don't have time to add another hustle to there employment job which could have some effects of they are not being paid well I'm there various jobs.
Side hustle can make us not to even relent on the salary that we earn making us a profitable worker employing workers and growing businesses.
hero member
Activity: 1470
Merit: 558
dont be greedy
We can choose to start a business in an area that we are passionate about which can make the business more fulfilling. Though it is risky to start a business we will need to be hard working and exert on dedication.
In truth, everything carries risks, and without risks, we cannot attain the things we desire, such as wealth. Engaging in a side business for additional income is not a bad idea. Although it takes time to nurture its growth, it holds the potential to elevate our financial status as it expands.

The journey to becoming an entrepreneur indeed requires greater effort compared to being an employee. However, it's akin to a tree that needs nurturing from its early stages and daily watering. Yet, once it grows, the tree will bear fruit effortlessly, without requiring more significant exertion than before.
member
Activity: 532
Merit: 13
I have a circular job that many people see me go to every morning and come back to in the evening, for me I will take this Bitcoin as a side hustle which is to help me becomes financially stable in case of any financial met down or loss of job. A side hustle is to improve your financial stability
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
~snip~
Really up to someone because not all would really be that mindful about having that progressive life on which they would really be just contented on having that 8 to 5 job which it is something that couldn't really give you a financially freedom kind of life and if you do have plans on having that life which doesnt have any problems when it comes to money then you should work hard or extra for you to attain up such condition or
situation in life and not really just be contented on what you do have now. Im not saying that being contented is bad but if we do speak about financial status then we should really be striving and make out some
sacrifices or else, we would really be ending up on having a non progressive life or something that would really be just sufficient if not then it would be lacking on finances which there are things in life
which we might be needing more specially on emergencies or other correlated things. This is why it would really be better that you should really be having those kind of goals.
One group believes in staying in the 9 to 5 grind till death, while the other is busy amassing wealth. Yes, and you know what? Both are completely reliable. Where you are at on the Monopoly board of life determines everything.

Those who are content with their current working situations sometimes say things like, "I'm sailing smoothly, why rock the boat?" Others, however, are perpetually on the lookout for fresh opportunities to enrich themselves, and they jump at the first sign of success. To paraphrase their motto: "If you aren't living on the edge, you're taking up too much space."

Currently, society operates on a "gig" basis. If you're prepared to put in the effort, you can generate money in virtually any number of ways. We're able to side hustle, work extra jobs, etc. In the end, though, it all depends on us and the kind of lives we want to lead.
legendary
Activity: 2282
Merit: 3014

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 ?

I think this brings up a very important topic here..always have a few months worth of living expenses saved up and stored somewhere "safe".  What I mean by safe is, something like a bank account that you can trust ( I recommend online banks that don't have brick and mortar locations which enable them to offer a higher interest percentage).

But sure, having a side job is always a good idea but you can't drive yourself insane with work, otherwise what's the point to all of this?
sr. member
Activity: 2226
Merit: 347

To make a living, we must work. In uncertain days like now facing the global economic downturn, a stable job with high income becomes a scarcity. A side job or business seems like more necessary than ever, which can minimize the risks of losing your current job, ending up pennyless. However, a side job/business also takes time and efforts and can never be attained whenever we need it. What did you do or will you do in order to ensure your finanical stability despite all unfavorable circumstances ?
You have to change the mindset from relying on muscle to increase financial stability, make money work for you in order to achieve that goal. Work has a broad definition, at certain times you have to rely on experience and use technology to make money. Success can be achieved by opening a business, you can get regular income every day from the business you run. In addition, you need to combine your main job with a side job. It's a bit tiring to run two businesses at the same time, but you will achieve your goal of increasing financial stability more quickly.

there are many things that a person can do to earn more income to stabilize finances, I don't blame people who rely on their energy to be able to make more money but everyone will open their minds when they are no longer able to do that and still have to make extra money so that's when ideas will emerge that allow them to get more money.
many people will seek additional income from their main job and that is inseparable from the demands of desire or to guarantee their old age but while there is still time and it doesn't impact other things then I won't blame it.
these humans have different thoughts and ways but many of us have the same intention.
Really up to someone because not all would really be that mindful about having that progressive life on which they would really be just contented on having that 8 to 5 job which it is something that couldn't really give you a financially freedom kind of life and if you do have plans on having that life which doesnt have any problems when it comes to money then you should work hard or extra for you to attain up such condition or
situation in life and not really just be contented on what you do have now. Im not saying that being contented is bad but if we do speak about financial status then we should really be striving and make out some
sacrifices or else, we would really be ending up on having a non progressive life or something that would really be just sufficient if not then it would be lacking on finances which there are things in life
which we might be needing more specially on emergencies or other correlated things. This is why it would really be better that you should really be having those kind of goals.
member
Activity: 868
Merit: 38
Join hands and help me to grow everybody...
It does to an extent because that extra money you get from their will go a long way in solving some problems, as far as the money you are getting is taking care of some bills but for you to e financially stable you have to work very hard and think on things to do in other to get yourself on the right track
sr. member
Activity: 1638
Merit: 339

To make a living, we must work. In uncertain days like now facing the global economic downturn, a stable job with high income becomes a scarcity. A side job or business seems like more necessary than ever, which can minimize the risks of losing your current job, ending up pennyless. However, a side job/business also takes time and efforts and can never be attained whenever we need it. What did you do or will you do in order to ensure your finanical stability despite all unfavorable circumstances ?
You have to change the mindset from relying on muscle to increase financial stability, make money work for you in order to achieve that goal. Work has a broad definition, at certain times you have to rely on experience and use technology to make money. Success can be achieved by opening a business, you can get regular income every day from the business you run. In addition, you need to combine your main job with a side job. It's a bit tiring to run two businesses at the same time, but you will achieve your goal of increasing financial stability more quickly.

there are many things that a person can do to earn more income to stabilize finances, I don't blame people who rely on their energy to be able to make more money but everyone will open their minds when they are no longer able to do that and still have to make extra money so that's when ideas will emerge that allow them to get more money.
many people will seek additional income from their main job and that is inseparable from the demands of desire or to guarantee their old age but while there is still time and it doesn't impact other things then I won't blame it.
these humans have different thoughts and ways but many of us have the same intention.
sr. member
Activity: 770
Merit: 266
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It is important to proactively prepare and take steps towards your goals, as it is essential to navigating uncertain times. While we can't predict the future with certainty, having a clear vision, setting goals, and taking action can increase your chances of success. Remember that setbacks and obstacles are a natural part of any journey, but resilience and perseverance can help you get through them. So focus on your long-term goals while being flexible in your approach. And most importantly, take care of your physical and mental health along the way.
Maintaining health and still giving enough time for our bodies to rest is also very important and must be prioritized. Because to be able to remain a productive person and work optimally certainly requires a strong and healthy body. Especially if we also have a solid amount of working time such as having a side business to generate additional income.

A side job will usually be quite tiring and also requires high enthusiasm and motivation to consistently do it. But working part-time also shouldn't rob us of our rest time.
sr. member
Activity: 1316
Merit: 422

To make a living, we must work. In uncertain days like now facing the global economic downturn, a stable job with high income becomes a scarcity. A side job or business seems like more necessary than ever, which can minimize the risks of losing your current job, ending up pennyless. However, a side job/business also takes time and efforts and can never be attained whenever we need it. What did you do or will you do in order to ensure your finanical stability despite all unfavorable circumstances ?
You have to change the mindset from relying on muscle to increase financial stability, make money work for you in order to achieve that goal. Work has a broad definition, at certain times you have to rely on experience and use technology to make money. Success can be achieved by opening a business, you can get regular income every day from the business you run. In addition, you need to combine your main job with a side job. It's a bit tiring to run two businesses at the same time, but you will achieve your goal of increasing financial stability more quickly.
full member
Activity: 518
Merit: 184
Of course having a side job or a business can definitely improve financial stability. By having additional source of income you can increase your overall earnings and have more money to save or invest. This can help to achieve financial goals faster, such as paying off debt, saving for a down payment on real estate or saving for retirement. Starting a business can also be a great way to improve financial stability. It allows us to be our own boss and we have the control over the income of the company. We can choose to start a business in an area that we are passionate about which can make the business more fulfilling. Though it is risky to start a business we will need to be hard working and exert on dedication.
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