A steady source of income is a man's bottom line to support his family

[jacafbiz]

If one can get this streams of income it will be very great but the mistake most people made is that they let good money chase bad money. Why do you want to take money from a source that you know inside out and invest in something you do not understand. I have made this mistake myself think I need to diversity my portfolio but I ended up investing in business I know little about and lost a lot of money from these. If you want to invest or diversify anytime make sure it is something you fully understand

[cozytrade]

My friend's story sends me a signal: no matter how much I earn right now, try to keep my job and souce of income stable. I am also a family man and have responsibilities. Anything bad can also happen to me so I have to be prepared to the unforseen problems, although I am doing fine now. Make hay while the sun shines. If you have any advice for my friend, please let me know. Thank you.

If we don't do something at the right time then our situation may be different at some point. People's needs are increasing day by day. Moreover, it is not unusual to accept any undesirable situation. It is not unusual for those who have fixed salary jobs to run into major financial problems if their income is not regular. All of us should first of all keep our income stable through our job or any profession. If the income can be kept stable then any small matter can be solved easily. Of course every person should be given more importance about their income.

Yes first of all we have to do money is the precious jewel of a person's life without money people's life cannot go on. So we have to find out the simple aspects of earning money. If there is a way to earn half of a certain amount of money a person can enjoy his life very well.  .If he wanders around unemployed then his life will have no value. So it seems we have to choose easy income avenues.

[D ltr]

Or better yet, have multiple income streams. Just so you have a backup if you get fired from your job or your main income goes bust.

true, but here we also have to be good at allocating our time so that our main work is not disturbed, because if we are committed to doing a lot of work we also have to be consistent with the risk that we only have 24 hours of time.

[mich]

Well I believe it is very important for a man to be financially responsible for supporting his family. The role of man in a family household is for him to provide shelter, food, and essentials, and protect the well-being of his family as the head of house.
If the man fails to support his family financially it begins to affect the lifestyle to which one was used too and must make necessary adjustments to make every dollar count in order to pay the bills. The financial burden of having to support a family is not anyone else’s responsibility but the man who decides to have children with the mother.
Nowadays you see so many young teens trying to be a young father but lack age, experience, and knowledge on what it takes to be a hardworking, dedicated man, and good father. So there is no doubt in my mind that having a man being responsible and supporting his family is a good way to be a role model.

[EluguHcman]

Having a little penny paying job is far better than a jobless ness. So I would advice he accepts the job offer while he uses his free times longing for a better job.

What he's going through is part of the endanger ness of relying on a one source of income only. Especially depending on salaries.

People should always learn from the occurrences of others and don't let me get to you before taking preventive measures.

[Uruhara]

Or better yet, have multiple income streams. Just so you have a backup if you get fired from your job or your main income goes bust.

true, but here we also have to be good at allocating our time so that our main work is not disturbed, because if we are committed to doing a lot of work we also have to be consistent with the risk that we only have 24 hours of time.

Between the main job and side job, of course, must have a suitable time relevance. So that side jobs do not interfere with our performance at the main job. because if our performance at the main job is disrupted due to having more side jobs it will actually threaten our position at the main job. So we have to make good timing. and balancing work and rest is also important.

[smile1218]

I mentioned somewhere that my closest friend has been unemployed for over a year due to the devastating collapse of his line of business and and his wife's sickness. Last time we met was a month ago and he was depressed in certain ways which worried me a lot. I called him to see if he was fine last Sunday and he told me he was looking for jobs and the next day he would go to several interviews. I was glad to hear that. Last night I called to follow up and he said the interviews were not going well. I aksed why. He told me that nowadays most companies are not doing well, barely making even actually. The interviewers would just say the job is not entitled to any insurance or benefits, what they can offer is a very low base salary and the commission part would be subject to how many sales the employee can bring to their company. My friend was not willing to take any of them because he has a family to feed and his wife's condition is unstable which could need a lot of money for surgery at any time. I understand him and am trying my best to help him find a high-pay job.

My friend's story sends me a signal: no matter how much I earn right now, try to keep my job and souce of income stable. I am also a family man and have responsibilities. Anything bad can also happen to me so I have to be prepared to the unforseen problems, although I am doing fine now. Make hay while the sun shines. If you have any advice for my friend, please let me know. Thank you.

It is sad that your friend is experiencing that kind of situation. Nowadays it is really hard if you are unemployed and no source of income plus you are thinking of the health of your love ones. It can really affect your mental health and the daily lives of your family. With the recession happening in different parts of the world it is really hard to find a job that will offer a good salary base plus benefits. If your friend will be choosy in finding a job that will be a problem. He should atleast accept the offer even if it is a lower base salary because with that it can help in their everyday financial needs. Then find other side jobs that can bring extra income for him. There are a lot of online jobs available in the internet, he just need to be patient in finding one. I agree with you that no matter ho much you earn we need to have a stable source of income and also save as long as you can to prepare in times of need.