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Author Topic: Does a side job/business improve your finanical stability ?  (Read 3371 times)
Pejoh Asu
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March 23, 2023, 09:38:05 AM
 #281

Our main goal is to do a side job/business, of course, to increase income, if there is no increase in income then it is better to sleep or exercise, currently I am also doing a side job/business such as selling online, raising fish and so on, the results can certainly improve income but not significantly.


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xSkylarx
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March 23, 2023, 09:47:19 AM
 #282

Our main goal is to do a side job/business, of course, to increase income, if there is no increase in income then it is better to sleep or exercise, currently I am also doing a side job/business such as selling online, raising fish and so on, the results can certainly improve income but not significantly.
It is also better if you have time to learn new skills or improve yourself, because that can attract another source of income in case you need it. Imagine when the pandemic hit, a lot of people learned new skills as they had a lot of free time and were bored. That is why they learned new skills, which they mostly used now as a side hustle online that can help us financially.
Inwestour
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March 23, 2023, 10:12:35 AM
 #283


It is also better if you have time to learn new skills or improve yourself, because that can attract another source of income in case you need it. Imagine when the pandemic hit, a lot of people learned new skills as they had a lot of free time and were bored. That is why they learned new skills, which they mostly used now as a side hustle online that can help us financially.
Many had to learn something new, not because they were bored, but because they needed to find a source of income, since they were left without work.

When the daily schedule is planned, it is not always possible to find time to learn something new, or rather, if we have free time, we want to relax a little, because we are constantly busy in the routine. And as it often happens, we start doing something only when we have no other options. But of course, those who plan ahead will always have an advantage.

R


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slashz9
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March 23, 2023, 10:26:51 AM
 #284

i do part time job like you do and do it through online all/mostly, because i'm used to living here so it's easier to get online job that you mentioned, because finding real world job in my country maybe more difficult now that i'm over 25 years old, so they will look for a younger one.
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March 23, 2023, 10:32:08 AM
 #285

Our main goal is to do a side job/business, of course, to increase income, if there is no increase in income then it is better to sleep or exercise, currently I am also doing a side job/business such as selling online, raising fish and so on, the results can certainly improve income but not significantly.

some people may prefer their main / online work depending on which section they like, I prefer to do work online than offline, but opening a business as you say is also not a bad idea, basically if it adds to our income I will do it.
well, i will add sport later  Grin
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March 23, 2023, 03:57:54 PM
 #286

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.
I can feel you.

Currently, I have 2 jobs because like many others are saying here, only one source of income isn't enough for the whole household to survive. Yes all of us here in the house are working (but I'm the one who's working from home), but still I prefer having a 2nd source of income just incase my main source of income unfortunately ends up for whatever reason it is.

Like you, I already sacrificed my sleeping time, and there are times where I only sleep 5-6 hours a day because aside from my work, I'm also the one doing the household chores since I'm the only one who's in the house all the time. I wonder how much sleep I can get whenever we will have our own baby. This is also the reason why I'm putting most of my money now in the stock market. I have a specific target where I want to earn X amount of money every month thru dividends. It will be a huge amount for sure, but I know I can reach that. Sacrifice first before comfortability.

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March 23, 2023, 04:53:06 PM
 #287


Currently, I have 2 jobs because like many others are saying here, only one source of income isn't enough for the whole household to survive. Yes all of us here in the house are working (but I'm the one who's working from home), but still I prefer having a 2nd source of income just incase my main source of income unfortunately ends up for whatever reason it is.

Like you, I already sacrificed my sleeping time, and there are times where I only sleep 5-6 hours a day because aside from my work, I'm also the one doing the household chores since I'm the only one who's in the house all the time. I wonder how much sleep I can get whenever we will have our own baby. This is also the reason why I'm putting most of my money now in the stock market. I have a specific target where I want to earn X amount of money every month thru dividends. It will be a huge amount for sure, but I know I can reach that. Sacrifice first before comfortability.
Just like the adage says... Do not put your egg in one basket. It is not just an adage but it reflects the reality. No matter how much you think you are earning should not stop someone from having a side job. Remember, there's no comfortability in life unless you choose to ignore because as you earning increases, your expenditure increase as well. Having a side job is not peculiar to any class but recommended for all irrespective of your current earning.
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March 23, 2023, 05:05:50 PM
 #288

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.
I can feel you.

Currently, I have 2 jobs because like many others are saying here, only one source of income isn't enough for the whole household to survive. Yes all of us here in the house are working (but I'm the one who's working from home), but still I prefer having a 2nd source of income just incase my main source of income unfortunately ends up for whatever reason it is.

Like you, I already sacrificed my sleeping time, and there are times where I only sleep 5-6 hours a day because aside from my work, I'm also the one doing the household chores since I'm the only one who's in the house all the time. I wonder how much sleep I can get whenever we will have our own baby. This is also the reason why I'm putting most of my money now in the stock market. I have a specific target where I want to earn X amount of money every month thru dividends. It will be a huge amount for sure, but I know I can reach that. Sacrifice first before comfortability.

Congratulations in advance! For sure, if you are sleeping around 6 hours, it would be cut into 4 hours as you need to wake up to take care of your baby and your partner. A few months after giving birth, it is really hard and there is for sure a lack of sleep, as I've experienced this before, but again, you are happy and you will not feel tired as you will always be motivated. I will be wishing you good health, both mentally and physically, as our work is very draining, and I hope this will be fruitful to us.
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March 23, 2023, 05:52:06 PM
 #289

I can feel you.

Currently, I have 2 jobs because like many others are saying here, only one source of income isn't enough for the whole household to survive. Yes all of us here in the house are working (but I'm the one who's working from home), but still I prefer having a 2nd source of income just incase my main source of income unfortunately ends up for whatever reason it is.

Like you, I already sacrificed my sleeping time, and there are times where I only sleep 5-6 hours a day because aside from my work, I'm also the one doing the household chores since I'm the only one who's in the house all the time. I wonder how much sleep I can get whenever we will have our own baby. This is also the reason why I'm putting most of my money now in the stock market. I have a specific target where I want to earn X amount of money every month thru dividends. It will be a huge amount for sure, but I know I can reach that. Sacrifice first before comfortability.

One should try to get 8 hours of sleep at night without any disturbance. If you are sacrificing your sleep for work then trust me you are putting your health at stake in the long run. Sleep deprivation can cause multiple problems to your health. I think one full time job is enough for a person and the secondary work must be less hectic and easy to perform. Like I already mentioned that working in a bounty campaign here is a good source of secondly income along with your full time job. Don't compromise on your health while chasing the money.
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March 24, 2023, 02:57:30 AM
 #290

A side job/business of course improve our finances, as long as we actively try and do our best of course we can get better results, especially now that economic conditions are getting more difficult because inflation and recession are occurring in almost all countries, if we don't do a side job/business and only rely on the main income so we will not be able to save and meet future needs.
armanda90
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March 24, 2023, 03:33:01 AM
 #291

A side job/business of course improve our finances, as long as we actively try and do our best of course we can get better results, especially now that economic conditions are getting more difficult because inflation and recession are occurring in almost all countries, if we don't do a side job/business and only rely on the main income so we will not be able to save and meet future needs.
Beside have main job we need side job how to improve our financial, you right with many people having main job and spent almost 8 hours in daily day and they can't handle or looking for another side job. Exactly in my country we are working more than 8 hours in daily day and take about two hour time for going to our office due busy transportation.

But lucky with some people here know with Bitcoin and they spent half of their assets for investing, without having side job with Bitcoin investment can help their financial stable when bitcoin price up. I don't know what happen with some people spent half day for working but can't manage for getting another passive income as side job.

R


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Pamadar
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March 24, 2023, 05:48:00 AM
 #292

A side job/business of course improve our finances, as long as we actively try and do our best of course we can get better results, especially now that economic conditions are getting more difficult because inflation and recession are occurring in almost all countries, if we don't do a side job/business and only rely on the main income so we will not be able to save and meet future needs.

With the current situation, side job will help to meet your extra expenses unlike if you don't have any, you are only relying with your monthly or weekly income.

And we know by experienced that the amount of our salary most of the time can't sustain your daily needs
unless you are really earning decent salary with a good management of your finances.
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March 24, 2023, 05:59:28 AM
 #293

I can feel you.

Currently, I have 2 jobs because like many others are saying here, only one source of income isn't enough for the whole household to survive. Yes all of us here in the house are working (but I'm the one who's working from home), but still I prefer having a 2nd source of income just incase my main source of income unfortunately ends up for whatever reason it is.

Like you, I already sacrificed my sleeping time, and there are times where I only sleep 5-6 hours a day because aside from my work, I'm also the one doing the household chores since I'm the only one who's in the house all the time. I wonder how much sleep I can get whenever we will have our own baby. This is also the reason why I'm putting most of my money now in the stock market. I have a specific target where I want to earn X amount of money every month thru dividends. It will be a huge amount for sure, but I know I can reach that. Sacrifice first before comfortability.

One should try to get 8 hours of sleep at night without any disturbance. If you are sacrificing your sleep for work then trust me you are putting your health at stake in the long run. Sleep deprivation can cause multiple problems to your health. I think one full time job is enough for a person and the secondary work must be less hectic and easy to perform. Like I already mentioned that working in a bounty campaign here is a good source of secondly income along with your full time job. Don't compromise on your health while chasing the money.

A good sleep, an 8-hour of sound sleep, may look not important when we were young but as time goes by, this becomes more important. I can't tell you how much I like my sleep now in this life stage, which I did not believe many years ago. A lack of sleep does not only damage our physical health but much worse, it will cause a lot of mental illness. A few years ago, I was having an anxiety issue and could not sleep, or vice versa.  That was a painful period when I was living like a rat lost in a maze. Every day was like a hell long centrury, the day was going fast but the night became extremely slow. Believe me, nobody would ever feel that way. Just hope everybody is fine with their life.
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March 24, 2023, 06:17:23 AM
 #294

A side job/business of course improve our finances, as long as we actively try and do our best of course we can get better results, especially now that economic conditions are getting more difficult because inflation and recession are occurring in almost all countries, if we don't do a side job/business and only rely on the main income so we will not be able to save and meet future needs.

With the current situation, side job will help to meet your extra expenses unlike if you don't have any, you are only relying with your monthly or weekly income.

And we know by experienced that the amount of our salary most of the time can't sustain your daily needs
unless you are really earning decent salary with a good management of your finances.
Having a side job or extra income is a must for those who have a salary or monthly income that is only mediocre. And all of that so that their needs are met, but all of that must be able to divide time for core work, side work and also sufficient rest time because this is the most important and the core of everything.
and nowadays many people use smart phone technology to make a business or side income which in my opinion this technology side business is the most popular choice at this time in various ways according to their expertise, and never feel enough or satisfied with your salary income because even though can be fulfilled, it is not certain that you have savings or investments for the future. So a side job can be used to meet needs, for savings, investment and other things that make life calm for now and in the future and also always prioritize health.
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March 24, 2023, 06:55:11 AM
 #295


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 ?
Well, it is not easy to get financial stability, especially during the current economic crisis caused by the pandemic and war. I have never felt financially stable even though my income is increasing year by year. Currently, I have just worked 2 jobs and added investment, but to be honest, I have never found myself having a stable income before.
I do agree and how do people become financially stable? Does this mean they can stop working and just live the rest of their lives with whatever they already have? I do understand that we might get to a point in our financial lives where we can afford just about anything we want, maybe that is being financially stable cos I know I have had stable jobs for years and I don't think I have felt that way too.
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March 24, 2023, 08:34:13 AM
 #296

A side job/business of course improve our finances, as long as we actively try and do our best of course we can get better results, especially now that economic conditions are getting more difficult because inflation and recession are occurring in almost all countries, if we don't do a side job/business and only rely on the main income so we will not be able to save and meet future needs.
Having a side job nowadays has even become a common thing. that is, the majority of people currently have more than one source of income. one from the main income and the other from a side job or even a side business. and the side business that most people do today is online work. and it is true that side jobs can help us overcome the financial crisis we are experiencing. because by having multiple sources of income, it becomes easier for us to be able to save and invest.

and we should be grateful that we can still have sufficient income at this time. because out there there are still many who are still struggling to get a job.

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March 24, 2023, 04:58:46 PM
 #297

A side job/business of course improve our finances, as long as we actively try and do our best of course we can get better results, especially now that economic conditions are getting more difficult because inflation and recession are occurring in almost all countries, if we don't do a side job/business and only rely on the main income so we will not be able to save and meet future needs.

With the current situation, side job will help to meet your extra expenses unlike if you don't have any, you are only relying with your monthly or weekly income.

And we know by experienced that the amount of our salary most of the time can't sustain your daily needs
unless you are really earning decent salary with a good management of your finances.
Having a side job or extra income is a must for those who have a salary or monthly income that is only mediocre. And all of that so that their needs are met, but all of that must be able to divide time for core work, side work and also sufficient rest time because this is the most important and the core of everything.
and nowadays many people use smart phone technology to make a business or side income which in my opinion this technology side business is the most popular choice at this time in various ways according to their expertise, and never feel enough or satisfied with your salary income because even though can be fulfilled, it is not certain that you have savings or investments for the future. So a side job can be used to meet needs, for savings, investment and other things that make life calm for now and in the future and also always prioritize health.

That's going to be a best practice, using your earnings from your sie job for investment and savings will help you improving your financial capabilities in the near future.

If you know how to balance and know how to adjust with both your time and health conditions, side job can
be perform and can be a big help to you and to your family.
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March 24, 2023, 05:04:28 PM
 #298

Our main goal is to do a side job/business, of course, to increase income, if there is no increase in income then it is better to sleep or exercise, currently I am also doing a side job/business such as selling online, raising fish and so on, the results can certainly improve income but not significantly.
If job does not increase our income then what else is going to increase it. We need to have a job or investment for us to live a better lifestyle. For the investment, they'll keep investing do that more money will be coming there way and for employees, keep working so that you can get paid and use the fund to solve your problems.

There are people that do not have a job they are doing that is giving them income they would keep using to pay bills and live a better lifestyle. They'll need to get a job to take care of there families and relatives.

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March 25, 2023, 08:46:11 PM
 #299

We need to work to make money and live a comfortable life, with this you have to get a side job that won't affect your main work or you find a balance between the two, if you can't then you have to leave one and stick to the higher pay job till you get another that you can cope with. Truth be told making money is not easy but spending is with ease.

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March 25, 2023, 11:09:02 PM
 #300

Our main goal is to do a side job/business, of course, to increase income, if there is no increase in income then it is better to sleep or exercise, currently I am also doing a side job/business such as selling online, raising fish and so on, the results can certainly improve income but not significantly.

I think having a side job could also significantly improve your income. And also, I wouldn’t say our main goal is to do/have a side job. There are a whole lot of people that do not need side jobs as they’re already being paid handsomely in their first job.

Also, I think the reason a lot of people take a side job is to keep busy. They actually don’t need the money, they just need to be busy. There are lots of people that earn significantly more with their side jobs than in their real/main jobs and I guess some would still prefer to keep their first/main job so as to have a sense of security in their jobs.

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