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Author Topic: Does a side job/business improve your finanical stability ?  (Read 3365 times)
Pamadar
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May 11, 2023, 07:09:58 AM
 #441

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

Exactly what is happening most of the time.

If you have a good monthly income, your expenses are also flowing above you,
the needs of having a side job is really helpful, as you will be able to cover all the
expenses and have some savings.

Not because you have a good pay regular job means that you don't need a side job
or some extra money-making activities, it's still necessary as it will help you to establish
your finances and if you are wise enough, you can put up your own business that will cover
everything you need if luck permits you to succeed.
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May 13, 2023, 10:36:53 AM
 #442

We can use a lot of spare time to earn extra income, I also do at least 3 side jobs and the results are quite good, apart from working in the office I also grow short-lived vegetables or fruits such as watermelons, melons, various vegetables, and also raise chickens even in small quantities.
To be able to get a side job or to earn extra income, of course, you need free time to do it. and it seems that you have not too many working hours so you can grow crops and raise livestock. and I think it's a pretty good type of extra income. Actually I sometimes do it in my spare time. but I only grow crops for consumption by the family only. and it can save my expenses a little for vegetable needs every day. for extra income I do it from the internet. because it can be done more flexibly and does not interfere with my business time. and it can indeed help our finances to be more stable.

If you dont have free time you will need to sacrifice things like shorten your sleep or getting relax. I know it is hard and not recommended as our health would deteriorate but that is the only way you can have a side hustle. I sacrifice those things, before i do have time for playing games in my PC but now due to my side hustle i need to give it up and also i sleep at late night but still dont forget to relax like get a good sleep like giving time with your self

There is no success without trade-offs. Although cutting back on sleep is not good for us, if we want more money, we have to do it. I can even only sleep 4 to 5 hours a day, and the other 20 hours I spend at work and taking care of the kids. Although quite tired and sometimes want to stop to rest, life does not allow it. I can fast for a day, but my children can't. And if I stop for a day, the next day, I still have to make up for today's work, so I never allow myself to take a day off.

we have the same situation even it is very hard you still need to do the hard work and whats the worse is that even i do have job and side hustle it is still not enough and my sleep is already shorten the only solution in to this is find high salary jobs and side hustle because no matter if you are sleeping 5hrs a day and still it isn't enough it is still not good for you and your family. This is really the sad truth of being the giver of the family you cant rest and even your sick you still continue
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May 13, 2023, 11:35:59 AM
 #443

We can use a lot of spare time to earn extra income, I also do at least 3 side jobs and the results are quite good, apart from working in the office I also grow short-lived vegetables or fruits such as watermelons, melons, various vegetables, and also raise chickens even in small quantities.
To be able to get a side job or to earn extra income, of course, you need free time to do it. and it seems that you have not too many working hours so you can grow crops and raise livestock. and I think it's a pretty good type of extra income. Actually I sometimes do it in my spare time. but I only grow crops for consumption by the family only. and it can save my expenses a little for vegetable needs every day. for extra income I do it from the internet. because it can be done more flexibly and does not interfere with my business time. and it can indeed help our finances to be more stable.

If you dont have free time you will need to sacrifice things like shorten your sleep or getting relax. I know it is hard and not recommended as our health would deteriorate but that is the only way you can have a side hustle. I sacrifice those things, before i do have time for playing games in my PC but now due to my side hustle i need to give it up and also i sleep at late night but still dont forget to relax like get a good sleep like giving time with your self

There is no success without trade-offs. Although cutting back on sleep is not good for us, if we want more money, we have to do it. I can even only sleep 4 to 5 hours a day, and the other 20 hours I spend at work and taking care of the kids. Although quite tired and sometimes want to stop to rest, life does not allow it. I can fast for a day, but my children can't. And if I stop for a day, the next day, I still have to make up for today's work, so I never allow myself to take a day off.

we have the same situation even it is very hard you still need to do the hard work and whats the worse is that even i do have job and side hustle it is still not enough and my sleep is already shorten the only solution in to this is find high salary jobs and side hustle because no matter if you are sleeping 5hrs a day and still it isn't enough it is still not good for you and your family. This is really the sad truth of being the giver of the family you cant rest and even your sick you still continue
Oh friends, I hope we are still given strength and health. Because we seem to have the same situation about reducing our sleep hours to do side jobs to supplement income. This was initially quite difficult and very tiring. but if we are used to it then everything feels fine.

But one thing we must always take care of is our health. Even though we sometimes lack time to rest, we should still be able to maintain a regular diet and can also regularly take supplements so that our bodies stay fit and always healthy. Because we have families to support and take care of. especially children really need us. So if we are sick then of course everything will be very chaotic. I wish the best for all of us.
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May 14, 2023, 02:48:08 AM
 #444

We can use a lot of spare time to earn extra income, I also do at least 3 side jobs and the results are quite good, apart from working in the office I also grow short-lived vegetables or fruits such as watermelons, melons, various vegetables, and also raise chickens even in small quantities.
To be able to get a side job or to earn extra income, of course, you need free time to do it. and it seems that you have not too many working hours so you can grow crops and raise livestock. and I think it's a pretty good type of extra income. Actually I sometimes do it in my spare time. but I only grow crops for consumption by the family only. and it can save my expenses a little for vegetable needs every day. for extra income I do it from the internet. because it can be done more flexibly and does not interfere with my business time. and it can indeed help our finances to be more stable.

If you dont have free time you will need to sacrifice things like shorten your sleep or getting relax. I know it is hard and not recommended as our health would deteriorate but that is the only way you can have a side hustle. I sacrifice those things, before i do have time for playing games in my PC but now due to my side hustle i need to give it up and also i sleep at late night but still dont forget to relax like get a good sleep like giving time with your self

There is no success without trade-offs. Although cutting back on sleep is not good for us, if we want more money, we have to do it. I can even only sleep 4 to 5 hours a day, and the other 20 hours I spend at work and taking care of the kids. Although quite tired and sometimes want to stop to rest, life does not allow it. I can fast for a day, but my children can't. And if I stop for a day, the next day, I still have to make up for today's work, so I never allow myself to take a day off.

we have the same situation even it is very hard you still need to do the hard work and whats the worse is that even i do have job and side hustle it is still not enough and my sleep is already shorten the only solution in to this is find high salary jobs and side hustle because no matter if you are sleeping 5hrs a day and still it isn't enough it is still not good for you and your family. This is really the sad truth of being the giver of the family you cant rest and even your sick you still continue
Oh friends, I hope we are still given strength and health. Because we seem to have the same situation about reducing our sleep hours to do side jobs to supplement income. This was initially quite difficult and very tiring. but if we are used to it then everything feels fine.

But one thing we must always take care of is our health. Even though we sometimes lack time to rest, we should still be able to maintain a regular diet and can also regularly take supplements so that our bodies stay fit and always healthy. Because we have families to support and take care of. especially children really need us. So if we are sick then of course everything will be very chaotic. I wish the best for all of us.

This is really what I am thinking also, but I am very worried about getting short financially because if I ever do give up my side hustle, we will definitely struggle. A lot of people are telling me that it's too much for me, which I always think about, but again, I prefer this than my family's struggle. What I do is, if there is free time, take a nap, and double dose vitamins just to prevent getting sick, but I know in the long run this will not last.
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May 14, 2023, 10:18:57 AM
 #445

we have the same situation even it is very hard you still need to do the hard work and whats the worse is that even i do have job and side hustle it is still not enough and my sleep is already shorten the only solution in to this is find high salary jobs and side hustle because no matter if you are sleeping 5hrs a day and still it isn't enough it is still not good for you and your family. This is really the sad truth of being the giver of the family you cant rest and even your sick you still continue
Oh friends, I hope we are still given strength and health. Because we seem to have the same situation about reducing our sleep hours to do side jobs to supplement income. This was initially quite difficult and very tiring. but if we are used to it then everything feels fine.

But one thing we must always take care of is our health. Even though we sometimes lack time to rest, we should still be able to maintain a regular diet and can also regularly take supplements so that our bodies stay fit and always healthy. Because we have families to support and take care of. especially children really need us. So if we are sick then of course everything will be very chaotic. I wish the best for all of us.

This is really what I am thinking also, but I am very worried about getting short financially because if I ever do give up my side hustle, we will definitely struggle. A lot of people are telling me that it's too much for me, which I always think about, but again, I prefer this than my family's struggle. What I do is, if there is free time, take a nap, and double dose vitamins just to prevent getting sick, but I know in the long run this will not last.
You're right we can't keep doing this for a longer period of time. because as time goes by our age also increases and maybe when we get older it will be very difficult if we still do the same thing as now.

That's why it's important for us to always invest or save even if it's only 1 cent every day. I know that sometimes our income is just enough to meet our daily and monthly needs and our families. but somehow we should always be able to set aside our money for investment and savings. and to prepare ourselves so that we have savings for the future and so that we have a more stable financial future. so that we can one day have more time to relax than to work.

Well, I also can't leave my side job. because it is through additional income that I can save and invest more calmly.
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May 14, 2023, 11:14:20 AM
 #446

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
Nowadays the job market has reached a stage where many job holder has to survive by competing and there they do not get their due money as per their demand. The amount of money required to maintain a job holder's family is challenging for many. In that situation if a man can manage to get his surplus money then he can earn his livelihood very well. But for that one must work hard. I have seen many people who try to do something else at the end of the job to earn extra money so that he can earn money and support his family.

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May 14, 2023, 11:45:57 PM
Last edit: May 15, 2023, 12:53:20 AM by og kush420
 #447

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
Nowadays the job market has reached a stage where many job holder has to survive by competing and there they do not get their due money as per their demand. The amount of money required to maintain a job holder's family is challenging for many. In that situation if a man can manage to get his surplus money then he can earn his livelihood very well. But for that one must work hard. I have seen many people who try to do something else at the end of the job to earn extra money so that he can earn money and support his family.
That is true - I agree with you totally
but I want to mention one thing - despite of the fact people are poor in our country - they are not ready to work on less wage - they would prefer begging rather than working on low wage.

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May 15, 2023, 12:00:39 AM
Last edit: May 15, 2023, 12:25:35 AM by Theones
 #448

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

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

og kush420
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May 15, 2023, 11:37:07 PM
 #449

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.


I think he ment to say both the jobs. doble jobs - or maybe husband and wife together - or all family memebers

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May 21, 2023, 07:11:10 PM
 #450

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
Nowadays the job market has reached a stage where many job holder has to survive by competing and there they do not get their due money as per their demand. The amount of money required to maintain a job holder's family is challenging for many. In that situation if a man can manage to get his surplus money then he can earn his livelihood very well. But for that one must work hard. I have seen many people who try to do something else at the end of the job to earn extra money so that he can earn money and support his family.
in my opinion it the side hussle is always needed - one should not depend on one job to meet their expances.

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May 21, 2023, 08:26:53 PM
 #451

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
Be it side hustle or business, an employee needs another means money. There is high level of inflation in the society and if you are not a high ranked employee, your salary may not be able to sustain your needs and wants. This is the reason why everyone needs a sidel hustle as my country men will call it to sustain them.

R


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May 22, 2023, 06:04:33 PM
 #452

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
Be it side hustle or business, an employee needs another means money. There is high level of inflation in the society and if you are not a high ranked employee, your salary may not be able to sustain your needs and wants. This is the reason why everyone needs a sidel hustle as my country men will call it to sustain them.
The rate with which inflation is increasing the side jobs are must for financial stability,  one job cannot fulfill your needs as pay packages are still Low in most of the countries as compared to increasing prices of daily commodities.
Everyone wants to ateast put food in their table and provide their kids with best education and medical and honestly everyone deserves that for a smooth life.

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n0ne
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May 22, 2023, 06:17:29 PM
 #453

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
Be it side hustle or business, an employee needs another means money. There is high level of inflation in the society and if you are not a high ranked employee, your salary may not be able to sustain your needs and wants. This is the reason why everyone needs a sidel hustle as my country men will call it to sustain them.
More the streams of income, more will be the stability of life. The growing inflation is a major reason, another thing is to go with the development. When we have single income, then it is possible to have our life moving and there won't be life change or transition to next level of living. Just think of making a small earning through trading, it will separately add to our finance. What we earn primary will help in the survival whereas the additional earnings help with the betterment of life.

Mame89
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May 22, 2023, 07:49:43 PM
 #454

Be it side hustle or business, an employee needs another means money. There is high level of inflation in the society and if you are not a high ranked employee, your salary may not be able to sustain your needs and wants. This is the reason why everyone needs a sidel hustle as my country men will call it to sustain them.
A side job is really needed, especially if we live in a city, because the expenses are very different for living in a village than in a city. this is what I'm experiencing right now, I have to have a side job, one of which is my side job on the bitcointalk forum.

Because For single people like me who live in the city ideally a minimum monthly income of $ 500 from the main job. This is considering the large expenses to be able to live well and prosper in an expensive city, such as: Routine daily, weekly and monthly needs, there are installments, zakat / charity alms, gifts for parents and savings for unexpected needs and for investment.

With expenses like that, earning under $ 500 will make it difficult to increase financial stability, so we need a side job. This is based on my personal experience.

R


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og kush420
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May 22, 2023, 08:41:10 PM
 #455

Be it side hustle or business, an employee needs another means money. There is high level of inflation in the society and if you are not a high ranked employee, your salary may not be able to sustain your needs and wants. This is the reason why everyone needs a sidel hustle as my country men will call it to sustain them.
A side job is really needed, especially if we live in a city, because the expenses are very different for living in a village than in a city. this is what I'm experiencing right now, I have to have a side job, one of which is my side job on the bitcointalk forum.

Because For single people like me who live in the city ideally a minimum monthly income of $ 500 from the main job. This is considering the large expenses to be able to live well and prosper in an expensive city, such as: Routine daily, weekly and monthly needs, there are installments, zakat / charity alms, gifts for parents and savings for unexpected needs and for investment.

With expenses like that, earning under $ 500 will make it difficult to increase financial stability, so we need a side job. This is based on my personal experience.
even if it doesnot - there are  a lot of ways people get resources to earn money
I didnot get rich after I started my business - but I have got money this way or that way that is a good thing.

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May 22, 2023, 10:08:54 PM
 #456

Amidst the current economic situation, getting a job as an employee with a stable and secure income is a blessing. but in reality sometimes this income is not sufficient or requires additional costs for other purposes or other dreams. therefore, many people who already have a job are looking for a side business as a solution to meet their needs or achieve their dreams. A side business not only helps us meet our needs and improve financially, but can also be an opportunity to explore our passions and talents as well as add social and business connections. so, side business ideas can help us increase our financial stability. in fact, there are many benefits that we can get if we can do it right and right.

But in truth, every effort we make is not as easy as what we say. which in essence, before we got involved in a side business. at least, first identify what we are going to do. learn, before actually getting involved in it. because if one step is not only our side business that fails, but it can have an impact on our main job. it is no different when we are going to invest in crypto or other investments. before plunging and getting involved in it, what we need to do beforehand is get to know it first by studying it.

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May 22, 2023, 11:10:53 PM
 #457

~snip~

But in truth, every effort we make is not as easy as what we say. which in essence, before we got involved in a side business. at least, first identify what we are going to do. learn, before actually getting involved in it. because if one step is not only our side business that fails, but it can have an impact on our main job. it is no different when we are going to invest in crypto or other investments. before plunging and getting involved in it, what we need to do beforehand is get to know it first by studying it.

That is normal because no one is born intelligent and talented without learning. If you want to do many things and want to make a lot of money, you need to take the time to plan, learn the relevant knowledge and mentally prepare for the difficulties you face. You can't think of it as just a side job, and you won't need to learn or take any risks and still make money. Money is hard to come by these days, and we need to trade time and effort to get it.

smile1218
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May 23, 2023, 01:34:34 AM
 #458


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 ?

Side jobs and businesses can improve our financial stability by providing additional sources of income. Having multiple streams of income can help us to better weather financial challenges and unexpected expenses. Additionally, side jobs and businesses can provide opportunities for personal and professional growth, as well as the potential for increased earnings over time. To ensure financial stability despite unfavorable circumstances we need to manage our finance. Build up an emergency fund, live within our means, diversify our income, invest wisely, stay informed, and manage debts.

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May 23, 2023, 02:25:25 AM
 #459

A side job or business of course aims to increase income, I also do side jobs because I have a lot of free time, work in the office 5 days a week of course we still have 2 days, I use it to farm vegetables and earn income on the internet with many things I tried including following the bounty on this forum.


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xSkylarx
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May 23, 2023, 02:37:28 AM
 #460

A side job or business of course aims to increase income, I also do side jobs because I have a lot of free time, work in the office 5 days a week of course we still have 2 days, I use it to farm vegetables and earn income on the internet with many things I tried including following the bounty on this forum.

But all off  your hardwork like doing all of you hussle are you now financial free ? Because you work a lot and you ain't saying your stressed or you dont have enough sleep because myself i do only have 1 side hustle and full-time job but i dont have enough sleep and been busy all the time but I think its because i do have family now to take care and needed to attend to but I would still day that i dont have financial freedom on my end
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