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Author Topic: A steady source of income is a man's bottom line to support his family  (Read 1205 times)
Desmong
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February 20, 2023, 09:47:57 PM
 #121

We all need daily income even though it's not daily but a consistent income that will give us money that we will keep using to pay our bills and live a good life. It is not easy to be the head of the family that is why we need to stand on our group and make sure we keep supporting the family with what we can afford and everyone keeps supporting.

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March 06, 2023, 02:49:48 PM
 #122

The live is very hard to live without salary and there are some issues at some stages of life where an individuals faces certain issues so always be ready for these Situations.

In this age a person should prepare for dual jobs like if he is doing some business so always invest some money and this investment will give you extra income but the main thing is to create a solid idea then work according to this knowledge.

Now there are not such job which gives an individual large sum or income so for daily uses as well as for some saving individuals must do part time job. Tell your friend about crypto investment and tell him that bitcoin will be more beneficial so understanding about this will help him a lot.



 

 

 

 

 

 


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CryptoBuds
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March 06, 2023, 03:09:18 PM
 #123

The live is very hard to live without salary and there are some issues at some stages of life where an individuals faces certain issues so always be ready for these Situations.

In this age a person should prepare for dual jobs like if he is doing some business so always invest some money and this investment will give you extra income but the main thing is to create a solid idea then work according to this knowledge.

Now there are not such job which gives an individual large sum or income so for daily uses as well as for some saving individuals must do part time job. Tell your friend about crypto investment and tell him that bitcoin will be more beneficial so understanding about this will help him a lot.

For an unemployed person and in financial difficulty, the introduction of investing in bitcoin will not help him in this case. To invest in bitcoin, you need to have a stable income as well as idle money, do not borrow money to invest. Bitcoin should only be considered as a backup and long-term investment for the future, not our main source of income. According to OP's update, his friend got a job, which is really good news, and what he needs now is enough money to take care of his family before thinking about investing.

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March 06, 2023, 04:59:12 PM
 #124

The live is very hard to live without salary and there are some issues at some stages of life where an individuals faces certain issues so always be ready for these Situations.

In this age a person should prepare for dual jobs like if he is doing some business so always invest some money and this investment will give you extra income but the main thing is to create a solid idea then work according to this knowledge.

Now there are not such job which gives an individual large sum or income so for daily uses as well as for some saving individuals must do part time job. Tell your friend about crypto investment and tell him that bitcoin will be more beneficial so understanding about this will help him a lot.

For an unemployed person and in financial difficulty, the introduction of investing in bitcoin will not help him in this case. To invest in bitcoin, you need to have a stable income as well as idle money, do not borrow money to invest. Bitcoin should only be considered as a backup and long-term investment for the future, not our main source of income. According to OP's update, his friend got a job, which is really good news, and what he needs now is enough money to take care of his family before thinking about investing.
It’s good to hear that his friend has finally found a stable job so he can attend already to the needs of his family most especially to his ill wife. And maybe he can also do some side hustles in his free time as it gives additional income aside from his main job. However, on part of investing, I think this is not the best time to start for that, let him earn first and when he earn some extra money, that’s the time he can learn about bitcoin investment and start long term investing.

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March 07, 2023, 09:24:14 AM
 #125


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.

from the story you told, it is an important lesson for all of us, where main income or fixed income is more meaningful and very useful for our daily lives in covering every need needed. a very simple example is for all of us, it is true that the income we can achieve with crypto will be greater than our fixed income, therefore use all of our money as best as possible

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March 07, 2023, 12:21:31 PM
 #126


from the story you told, it is an important lesson for all of us, where main income or fixed income is more meaningful and very useful for our daily lives in covering every need needed. a very simple example is for all of us, it is true that the income we can achieve with crypto will be greater than our fixed income, therefore use all of our money as best as possible
Do you mean that use your entire money in investing crypto? No, you are wrong, it was not advisable at all and I don't encourage it as it just invests only extra money.

Maybe you are right that some are earning more here but never make this a basis that we need to put everything we have because we are not certain of what will happen. And besides, not all have made a huge income because as you can see, a lot of people had lost in crypto also, and might this happen to you mate?

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March 07, 2023, 12:31:29 PM
 #127


from the story you told, it is an important lesson for all of us, where main income or fixed income is more meaningful and very useful for our daily lives in covering every need needed. a very simple example is for all of us, it is true that the income we can achieve with crypto will be greater than our fixed income, therefore use all of our money as best as possible
Do you mean that use your entire money in investing crypto? No, you are wrong, it was not advisable at all and I don't encourage it as it just invests only extra money.
I don't think that's the meaning of what he said, the latter part for which you may have assumed to spend all of it investing in crypto. IMHO, that means that we should be wise in spending it whether you invest or use it for buying things that you need or want.

Maybe you are right that some are earning more here but never make this a basis that we need to put everything we have because we are not certain of what will happen. And besides, not all have made a huge income because as you can see, a lot of people had lost in crypto also, and might this happen to you mate?
In a speculative market where everything is uncertain, someone has to be flexible and reactive with what he does. It's okay if someone who's focused in the crypto market and earns more than his/her day job. That's much better because a person that has other multiple source of income won't be problematic about his financial status.

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March 08, 2023, 03:00:41 AM
 #128

The live is very hard to live without salary and there are some issues at some stages of life where an individuals faces certain issues so always be ready for these Situations.

In this age a person should prepare for dual jobs like if he is doing some business so always invest some money and this investment will give you extra income but the main thing is to create a solid idea then work according to this knowledge.

Now there are not such job which gives an individual large sum or income so for daily uses as well as for some saving individuals must do part time job. Tell your friend about crypto investment and tell him that bitcoin will be more beneficial so understanding about this will help him a lot.

For an unemployed person and in financial difficulty, the introduction of investing in bitcoin will not help him in this case. To invest in bitcoin, you need to have a stable income as well as idle money, do not borrow money to invest. Bitcoin should only be considered as a backup and long-term investment for the future, not our main source of income. According to OP's update, his friend got a job, which is really good news, and what he needs now is enough money to take care of his family before thinking about investing.

Indeed. Investing in Bitcoin is never an option for someone who desperately needs money. Luckily my friend had got a job so soon although the salary is not high and barely makes ends meet.

It’s good to hear that his friend has finally found a stable job so he can attend already to the needs of his family most especially to his ill wife. And maybe he can also do some side hustles in his free time as it gives additional income aside from his main job. However, on part of investing, I think this is not the best time to start for that, let him earn first and when he earn some extra money, that’s the time he can learn about bitcoin investment and start long term investing.

Latest update. I had dinner with my friend two days ago. His finances are getting better and his wife is recovering gradually. The income from the current job is not enough for all his family needs as his wife's treatment is extremely costly, like $800 per month on her medicine expenses. Apart from this main job, he is doing small projects like remodeling apartments stuff, earning extra money. He told me it is not easy at all. Nowadays the profit is very slim but all side hustles take up too much time and energy. He is exhausted every day.



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March 08, 2023, 09:39:46 AM
 #129


from the story you told, it is an important lesson for all of us, where main income or fixed income is more meaningful and very useful for our daily lives in covering every need needed. a very simple example is for all of us, it is true that the income we can achieve with crypto will be greater than our fixed income, therefore use all of our money as best as possible
Do you mean that use your entire money in investing crypto? No, you are wrong, it was not advisable at all and I don't encourage it as it just invests only extra money.

Maybe you are right that some are earning more here but never make this a basis that we need to put everything we have because we are not certain of what will happen. And besides, not all have made a huge income because as you can see, a lot of people had lost in crypto also, and might this happen to you mate?

"Use all of our money as best as possible" Meaning to say that you should maximize everything and always value what we are spending. Very practical as how OP discuss the story, it's hard to survive if you are only leaning with your day job and nothing else, but in order to survive you needed to put extra efforts to find side hustle that may help to add for your finances.

Life is not an easy journey to everyone, especially those who are in the third world places, the income is not enough but there's always possible way to survive, you just need to keep doing your best in seeking for additional extra sources of income.

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March 08, 2023, 05:40:33 PM
 #130


from the story you told, it is an important lesson for all of us, where main income or fixed income is more meaningful and very useful for our daily lives in covering every need needed. a very simple example is for all of us, it is true that the income we can achieve with crypto will be greater than our fixed income, therefore use all of our money as best as possible
Do you mean that use your entire money in investing crypto? No, you are wrong, it was not advisable at all and I don't encourage it as it just invests only extra money.

Maybe you are right that some are earning more here but never make this a basis that we need to put everything we have because we are not certain of what will happen. And besides, not all have made a huge income because as you can see, a lot of people had lost in crypto also, and might this happen to you mate?
I'm sure he didn't mean it that way, but using money as well as possible has a very broad meaning, that means one of them is by investing. Spending money for our necessities of life such as food also includes using the best, because it is a basic necessity in life. He may mean not to use money for things that are not useful, such as buying things that we don't really need at all.
Because if you use all the money for cryptocurrencies it is also not good for several reasons, because there are things that we also have to fulfill in life with that money.

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March 08, 2023, 06:27:47 PM
 #131

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.
Your observation is correct and it is something that would keep most people awake at night. It will certainly send cold shivers down their spines whenever the thought if they lose their job any minute, there is no backup. They are simply financially insecure. Aside from the various vulnerabilities that the individual is exposed to as a result of it, the one that scares the hell out of me is having to depend on the goodwill of extended family and friends just to be able to have three-square meals. It is my strong belief that everyone should have a side hustle in this day and time. Besides the thought of having a higher earning potential because of an additional source of income should excited you.

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AnonBitCoiner
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March 22, 2023, 04:07:09 PM
 #132

Actually job in this era is very compulsory so whatever you do its not important but important is your salary. If you have little amount of income so its enough, try to find new job but don't compromise with salary because you know very well that something is better than nothing.

Individuals can do two or three jobs at once if he has the ability to manage it so therefore these little amount of income when gather together so fulfilment of life activities will be easily manage.

I will advice and give a suggestion that if your friend have only one job so leaving will be foolish idea but he should find another way as well as continuing this job.



 

 

 

 

 

 


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June 02, 2023, 09:50:00 PM
 #133


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.

That's right, being a family man is a huge responsibility, you must be financially stable, and always in a good mood, and with little to no time to relax. Source of stable income is one of the things which is really needed for family men (thats why long-term hodling cant be the main source of income for them). The need to bring money to the family is also the main stop factor in investments, that's why the investing strategy of a family man is usually accurate and well-balanced.

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passwordnow
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June 02, 2023, 10:27:30 PM
 #134

Keep finding until you find one, that's it. There's no other thing that he has to do and even if it's gonna take him weeks or months, that's how it should be.

That's right, being a family man is a huge responsibility, you must be financially stable, and always in a good mood, and with little to no time to relax. Source of stable income is one of the things which is really needed for family men (thats why long-term hodling cant be the main source of income for them). The need to bring money to the family is also the main stop factor in investments, that's why the investing strategy of a family man is usually accurate and well-balanced.
Fate can't also be seen when these family man have good jobs and stable income and then a global recession comes, everything is affected and that's why even if they're responsible enough but that's their only source then that's hard to deal with. While everyone is earning stable income, don't be so sure with the condition of the economy and so, find something that you can capitalize on and invest on it. Just as they say, "save for the rainy days".

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June 03, 2023, 02:46:42 PM
 #135

What we have to understand is that expenses will continue to increase because prices will continue to rise following inflation, of course we have to be creative by continuing to increase income, there are many things we can do to increase income, if we have special abilities in making videos then we can become YouTubers and very large income opportunities.
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June 03, 2023, 07:54:16 PM
 #136

Being a family man without any income is not easy, especially if those income sources are unreliable.

Nowadays, finding a job is exceedingly tough, and even if you are fortunate enough to obtain one, you might not be able to locate a position that pays well.

Even though the compensation is modest, I would advise your friend to accept the job offer and to keep looking for a better opportunity so that he may immediately switch to it when he finds one with a higher pay rate.it is better to have where we are seen little than waiting for the opportunity of big one that is not certain.


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June 08, 2023, 09:35:34 PM
 #137


from the story you told, it is an important lesson for all of us, where main income or fixed income is more meaningful and very useful for our daily lives in covering every need needed. a very simple example is for all of us, it is true that the income we can achieve with crypto will be greater than our fixed income, therefore use all of our money as best as possible
Do you mean that use your entire money in investing crypto? No, you are wrong, it was not advisable at all and I don't encourage it as it just invests only extra money.

Maybe you are right that some are earning more here but never make this a basis that we need to put everything we have because we are not certain of what will happen. And besides, not all have made a huge income because as you can see, a lot of people had lost in crypto also, and might this happen to you mate?
Indeed, that's certainly the worst advice. Some users here keep praising cryptocurrencies, but cryptocurrencies themselves aren't generating any money if you haven't invested yourself. It's almost impossible to start from scratch if you have zero capital, and the OP's friend was unemployed and is now making some money after finding a low-paying job.

Someone in this situation is incapable of being involved in cryptocurrencies and investments in general; money should be available at any time for an emergency. Investments should only be conducted with spare money. Thus, someone barely making ends meet is unable to earn money through cryptocurrencies until his financial situation improves and enables him to invest.

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June 09, 2023, 03:51:22 AM
 #138

If you have any advice for my friend, please let me know. Thank you.

Don't be discouraged, keep trying for job and this phase too shall pass as everything else does.

Make hay while the sun shines.

Beautiful quote!

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June 09, 2023, 04:37:18 AM
 #139

Being a family man without any income is not easy, especially if those income sources are unreliable.

Nowadays, finding a job is exceedingly tough, and even if you are fortunate enough to obtain one, you might not be able to locate a position that pays well.

Even though the compensation is modest, I would advise your friend to accept the job offer and to keep looking for a better opportunity so that he may immediately switch to it when he finds one with a higher pay rate.it is better to have where we are seen little than waiting for the opportunity of big one that is not certain.

it is very difficult to meet the needs of family life if you only expect from one source of income, if a man has a family then there are very many expenses that cannot be controlled and therefore he is required to be able to find additional income with whatever is possible.
for me personally, i try to find a job with steady income even if it's small and after that i try to make extra money in my spare time.
I do this to minimize the risk if I am unable to work, sick or other things then my family must continue to live.
as a man who has a family, he is indeed guided by many things to be able to make his family happy and one of the ways is to have a lot of money.

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lienfaye
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June 09, 2023, 05:00:59 AM
 #140

Being a family man without any income is not easy, especially if those income sources are unreliable.

Nowadays, finding a job is exceedingly tough, and even if you are fortunate enough to obtain one, you might not be able to locate a position that pays well.

Even though the compensation is modest, I would advise your friend to accept the job offer and to keep looking for a better opportunity so that he may immediately switch to it when he finds one with a higher pay rate.it is better to have where we are seen little than waiting for the opportunity of big one that is not certain.

it is very difficult to meet the needs of family life if you only expect from one source of income, if a man has a family then there are very many expenses that cannot be controlled and therefore he is required to be able to find additional income with whatever is possible.
for me personally, i try to find a job with steady income even if it's small and after that i try to make extra money in my spare time.
I do this to minimize the risk if I am unable to work, sick or other things then my family must continue to live.
as a man who has a family, he is indeed guided by many things to be able to make his family happy and one of the ways is to have a lot of money.
One source of income will only be sufficient if your job is high paying. But if you're a minimum wage earner that's not really enough to sustain the needs of the family. However, at the time of crisis that you're really in need of job to provide for the needs of your loved ones, this is not the time to be choosy. If there's an opportunity then grab it while looking for a better job. Because it's wise to have a small salary than to have nothing at all.

This is the reason why it's important to have a savings (while you're still earning) to have money in times of emergency. But we will only realize the value of saving (and investing) if we're at the point of our lives experiencing hardship and struggling financially because we didn't see this coming. So don't wait for it to happen, save and invest now, look for ways to maximize your earnings while you're still young and capable to work.


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