Does a side job/business improve your finanical stability ?

[Ani1985]

A side job/business, of course, aims to increase income, if income does not increase then it's better to sleep, there are many things we can do to increase earnings, and in my opinion the easiest thing is to use the internet to earn income, we can open an online store without having to have stock because many resellers are giving attractive offers.

[BobK71]

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 a business can definitely improve our financial stability. With that It can provide us with additional income streams and we can diversify our sources of income, which can help us better in our financial challenges or problem. However, it's important to carefully consider the time and resources required to start and maintain a side job or a business, as well we should know the risk we are about to face. So identify and evaluate yourself if you are capable of doing side jobs or business.

Every person needs a source of side income for financial stability. Otherwise people always have to go through financial depression. Moreover, with the money earned during working life, many people only end up paying for their daily expenses. As a result, there is a limitation in the quality of life of those people. If any other site job can be kept ‍with main duty then we can expect something good. Through side job a person will be able to achieve financial goals along with financial stability.

[superman184]

Having a side job or a business can definitely improve our financial stability. With that It can provide us with additional income streams and we can diversify our sources of income, which can help us better in our financial challenges or problem. However, it's important to carefully consider the time and resources required to start and maintain a side job or a business, as well we should know the risk we are about to face. So identify and evaluate yourself if you are capable of doing side jobs or business.

Usually, if the level of income from a business or side job can be far greater than the main job, someone will try to find the time and resources so they can run the business or side job without having to sacrifice their main job. Because every income or job that can generate money will always be valued and cared for very well by all and it will definitely be carried out even though it has to go through a method that may be slightly different from what is usual.

Because now it is also very difficult to build a business or side job that can make money in life, so many people are competing to make this happen so that they can earn a better income, even though they have to consider the time and resources available. After all, that time can be divided according to the needs so that the business can run, as well as resources which can also be by paying employees if needed in running the business.

[uswa56]

Every person needs a source of side income for financial stability. Otherwise people always have to go through financial depression. Moreover, with the money earned during working life, many people only end up paying for their daily expenses. As a result, there is a limitation in the quality of life of those people. If any other site job can be kept ‍with main duty then we can expect something good. Through side job a person will be able to achieve financial goals along with financial stability.

not all of that if someone has earned a lot of money from their main job and spent a lot of time on that one job I don't think they need a side job to stabilize their finances.
all of that is not only about money but also about limited time, everyone certainly has a great desire to be able to earn extra money by working on the side but not everyone has enough time for that.
so I think it doesn't apply to everyone even though it's true.

[xSkylarx]

Every person needs a source of side income for financial stability. Otherwise people always have to go through financial depression. Moreover, with the money earned during working life, many people only end up paying for their daily expenses. As a result, there is a limitation in the quality of life of those people. If any other site job can be kept ‍with main duty then we can expect something good. Through side job a person will be able to achieve financial goals along with financial stability.

not all of that if someone has earned a lot of money from their main job and spent a lot of time on that one job I don't think they need a side job to stabilize their finances.
all of that is not only about money but also about limited time, everyone certainly has a great desire to be able to earn extra money by working on the side but not everyone has enough time for that.
so I think it doesn't apply to everyone even though it's true.

It should be everyone that their salary isn't enough needs side hustle but still there are still people lets say their salary is enough but they are planning to buy a car which mean to save time and it wont take long to purchase your car then you'll be finding another source of income to save a lot so still it depends on instances but again no matter what you'll be financial stable if you can buy your needs and wants without struggling like borrowing to others.

[rodskee]

Yes it does mate , when i start learning this market I have my decent job , and yes I am earning enough but thats it, then I start working and investing here in crypto, having signature campaign(as side job) investing in some coin that I consider business lol , and yes it improves my financial stability and indeed, that i have best result now as i have savings , holdings and I can say that having a good way of living.

[monineklutak]

Every person needs a source of side income for financial stability. Otherwise people always have to go through financial depression. Moreover, with the money earned during working life, many people only end up paying for their daily expenses. As a result, there is a limitation in the quality of life of those people. If any other site job can be kept ‍with main duty then we can expect something good. Through side job a person will be able to achieve financial goals along with financial stability.

not all of that if someone has earned a lot of money from their main job and spent a lot of time on that one job I don't think they need a side job to stabilize their finances.
all of that is not only about money but also about limited time, everyone certainly has a great desire to be able to earn extra money by working on the side but not everyone has enough time for that.
so I think it doesn't apply to everyone even though it's true.

Regarding side jobs it is an option and it depends on them whether they need more income or not,
if with their main job they feel financially stable maybe they don't need a side job,
it is much better if you have more than one source of income.

[Semar Mesem]

A side job/business of course it can increase income, not everyone has the time and opportunity to get a side job/business because the main job usually takes up a lot of time, this is of course natural because if we don't focus on the main job or business then we will lose money and regret it.

[cryptoknightt]

I think the whole issue of economic downturn is to alert citizens about how their finances will be affected.  however, having a Side job will also improve your cash inflow.

But one major aspect to surviving this period is to reduce your spending,  cut cost on things ordinarily you don't need.  Because prices of goods and services will be inflated, hence the need to spend money on the basic things you need and also make out time to save the little you can.

True, working together will increase our income but it will be useless if we can't manage money properly and correctly, so in addition to increasing our income we also have to learn how to manage our finances

[og kush420]

Living is becoming more difficult day by day. During this time if any other work can be done in addition to the specific work then it is much easier to make a living. Moreover, in this competitive world of work, there is a possibility of losing job at any time. A nongovernmental servant always leads his life with such uncertainty. Naturally it is better for a person to have an alternative source of income whatever his business or job. Which is able to provide financial security to that business or job. I have personally invested in cryptocurrencies along with job. I have taken up this investment as my side job or business. Though i am holding  i won't get any regular income from my investment but i am dreaming of owning big assets in the long term.

Life is becoming difficult day by day because the needs are increasing while the source of income is still there is no change that does not bring prosperity to our lives, I know it is very important to get additional work so that we are not lacking in what is needed now the price is getting higher while the value of money it is getting less and less, well if we are not in a government agency then there is no proper guarantee for that while those who work more work for very minimal wages, but to avoid this problem we must be able to increase other income from whatever we can.

Investing is good but I don't like altcoins, so it's better to choose bitcoin as an alternative for our future assets, and this is actually not a fixed source unless we have additional income to help life from a minimal salary.
So staying with an additional source of income is for welfare and we are not all lacking.

With having that inevitable inflation plus having that bad governance and lacks of opportunities around then it would really be just that hard to sustain your life on this way. If you wont really be finding

ways to make your life way more better then you would really be finding yourself into a bad situation and this is why it would really be just that right that you should really be that mindful in towards your actions on having or seeking more source of income to make your living way more better.Yes, its hard but if you wont really be making out some action then you would really just remain poor.
If on the current job you do have on which you do able to sustain yourself but almost close to border line, then it would really be just that right that you should really be that mindful
on getting some other income sources. It is really not a good way of living when you are really that too stressed just because your salary isnt really enough on paying
up the bills.

Business are not going good these days - I have started a life hussle - it was going good till the beginning of this year not I am not sure if it is only me who think that way but for me it is mostly loss - unless you chose a good option

[Kelward]

The answer is a big YES, because even established firms are looking to branch into other areas of businesses. So if big companies are looking to invest or partner with other companies, to improve their income, therefore a side business or job, becomes necessary for an individual, in order to  attain financial stability. The truth is that we normally plan our expenditure according to our income but when we go to buy things, we find out that price has increased, or unexpected bills just shows up. With all this and many other factors necessitates that we got a side income.

But in searching for a new source of income, we must consider how it will affect our present job. Because a bird at hand is worth more than hundreds in the sky.

[BVeyron]

The answer is a big YES, because even established firms are looking to branch into other areas of businesses. So if big companies are looking to invest or partner with other companies, to improve their income, therefore a side business or job, becomes necessary for an individual, in order to  attain financial stability. The truth is that we normally plan our expenditure according to our income but when we go to buy things, we find out that price has increased, or unexpected bills just shows up. With all this and many other factors necessitates that we got a side income.

But in searching for a new source of income, we must consider how it will affect our present job. Because a bird at hand is worth more than hundreds in the sky.

That's right! There is even a phenomenon in business due to the side projects: often companies, which are initially not interested in the field, start a totally different project since they don't want to lose the niche. That's why nearly all hardware manufacturers have also a software branch, and nearly all software devs start producing own licensed hardware at some point.

[Pamadar]

I think the whole issue of economic downturn is to alert citizens about how their finances will be affected.  however, having a Side job will also improve your cash inflow.

But one major aspect to surviving this period is to reduce your spending,  cut cost on things ordinarily you don't need.  Because prices of goods and services will be inflated, hence the need to spend money on the basic things you need and also make out time to save the little you can.

True, working together will increase our income but it will be useless if we can't manage money properly and correctly, so in addition to increasing our income we also have to learn how to manage our finances

A good balance between your salaries and your expenses, if you manage to do both in the right manner,

It will help you to establish your financial capabilities, and yes, having a side job will help to improve as long as you know how
to deal with your needs.

Addressing the needs and not the likes are very important, setting limitations and a good balance with your financial side should all will
need to work together.

[slapper]

I think the whole issue of economic downturn is to alert citizens about how their finances will be affected.  however, having a Side job will also improve your cash inflow.

But one major aspect to surviving this period is to reduce your spending,  cut cost on things ordinarily you don't need.  Because prices of goods and services will be inflated, hence the need to spend money on the basic things you need and also make out time to save the little you can.

True, working together will increase our income but it will be useless if we can't manage money properly and correctly, so in addition to increasing our income we also have to learn how to manage our finances

A good balance between your salaries and your expenses, if you manage to do both in the right manner,

It will help you to establish your financial capabilities, and yes, having a side job will help to improve as long as you know how
to deal with your needs.

Addressing the needs and not the likes are very important, setting limitations and a good balance with your financial side should all will
need to work together.

Tightening belts? Slashing expenses? Why bother when you can max out plastic and bask in opulence! Joking, don't. But seriously, who wants to scrimp like a beggar when you can splurge like a monarch? Sincerely, though, we should keep an eye on our outlays in economic dips. However, that doesn't equate to renouncing all extravagances, does it? Existence craves a smidgen of lavishness.

Sure, we must be prudent, avoiding overspends and debt pitfalls. Yet, we're allowed to relish life's luxuries (within limits, naturally). Go on, revel in a sumptuous feast or those chic shoes. Just don't jeopardize your fiscal footing!

[irhact]

A side job/business of course it can increase income, not everyone has the time and opportunity to get a side job/business because the main job usually takes up a lot of time, this is of course natural because if we don't focus on the main job or business then we will lose money and regret it.

Quit the main job then, you can't be dedicating all your time to a job that doesn't take care of your bills completely. You're looking for the side job because your salary isn't sufficient for you so quit that main job and look for a better job that'll pay you sufficient salary or a job that'll give you time to do other side hustle that'll contribute to your income.

Inflation has made one job salary not sufficient as things are getting expensive. My therapist charges me twice what he was charging previously so I now have extra bills to pay. Foodstuffs are increasing at the grocery too, jobs not paying well shouldn't take all your time.

[Rigon]

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 ?

Currently the situation in the country is very dire. It has become very difficult for a common citizen to survive in this dire situation. The prices of various goods are increasing. Right now a stable jobber is struggling a lot to run his family. If we didn't have this bitcointalk side job, maybe we would have struggled a lot to run our family. Today thanks to this bitcointalk we are able to run our household very comfortably and get by very well in this critical time. So I think site job plays a very important role along with a job to meet the financial problem.

[koleusdat]

It seems to me that doing business at such a time is very difficult and there are a lot of risks that you have to take on. Everyone should have a part-time job and work, we are all financially dependent.

[JoyMarsha]

Gone are the days when one has a job, he thinks that he is made already, no need for him to add a side job to support himself.

Because of the current global economic crisis, everyone has learned that they shouldn't entirely rely on one employment to survive. Even individuals with well-paying employment sometimes have a side business to help support and supplement their family's income.

To survive in the current economic climate, you must have a second job. It's not like before when all of your hopes were in one basket. It now has multiple baskets in case one is lost. As a backup, you have the other.

[TelolettOm]

True, working together will increase our income but it will be useless if we can't manage money properly and correctly, so in addition to increasing our income we also have to learn how to manage our finances

Working together? I don't know what you mean. However, having both a main job and a side job is okay if we can manage the time to do both properly. It becomes wrong if we can't manage the time, so the main job becomes distracted and messy. Having a side job isn't a must, it is just for additional income. Ideally, a side job must be more flexible, so we can easily divide the time to do it.

Sure, having a good ability in managing money/finance is a must. Whether having a side job or not, everyone must master it to ensure their finance stability.

[Xampeuu]

I think side jobs are very necessary, I feel it myself. I currently work as a private employee, and the salary I get is certainly not enough to meet all household needs, therefore I need a side job, especially when I have free time after I work at my main job. On the other hand, by having a side job, we are not worried if one day unexpected things happen, such as a reduction in employees, at least we can still have the side job that we have been doing so far. and for employees who already have a large salary, I think they also have to have a side job, of course they will have higher necessities of life that must be met every day. because basically people will find it more difficult to lower their lifestyle than to increase it