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Author Topic: A steady source of income is a man's bottom line to support his family  (Read 1184 times)
Latviand
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June 09, 2023, 05:12:00 AM
Merited by panganib999 (4)
 #141

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.
You know another thing that can help? Voting the right people to run your country, no one wants to talk about it but it's a big factor why inflation in uncontrollable, everyone talks about increasing your income stream but no one is talking about pay raise that matches the inflation and making lobbying an illegal practice.  There's a lot of opportunities but so is the amount of people and not everyone can do what those opportunity demands
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June 09, 2023, 05:51:58 AM
 #142

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.
You know another thing that can help? Voting the right people to run your country, no one wants to talk about it but it's a big factor why inflation in uncontrollable, everyone talks about increasing your income stream but no one is talking about pay raise that matches the inflation and making lobbying an illegal practice.  There's a lot of opportunities but so is the amount of people and not everyone can do what those opportunity demands
A right government always does the best and makes improvement in the economy amidst all situation in the world Market. Inflation can be kept under control through its policies. Most of the government doesn't consider much about the micro economy, which means the contribution from the small scale industries. The focus will be much on the macro level and when something unexpected hits, the economy suffers much. Most of the countries that took care of the small scale industries and supported in its progress weren't affected much by the inflation.
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June 09, 2023, 06:18:59 AM
 #143

~
A right government always does the best and makes improvement in the economy amidst all situation in the world Market. Inflation can be kept under control through its policies. Most of the government doesn't consider much about the micro economy, which means the contribution from the small scale industries. The focus will be much on the macro level and when something unexpected hits, the economy suffers much. Most of the countries that took care of the small scale industries and supported in its progress weren't affected much by the inflation.
Give me a country that cared for their micro economy? I really want to see if they did good and do they have policies that's helpful to their economy. It's no-brainer to focus your attention on macro scale when it comes to economy, that's where the billion dollars in profit come in compare that to the combined businesses in micro scale, it won't leave a sizable dent. I'm no economist so I'd like to be disproven that macro is better than micro.
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June 09, 2023, 06:26:08 AM
 #144

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.
You know another thing that can help? Voting the right people to run your country, no one wants to talk about it but it's a big factor why inflation in uncontrollable, everyone talks about increasing your income stream but no one is talking about pay raise that matches the inflation and making lobbying an illegal practice.  There's a lot of opportunities but so is the amount of people and not everyone can do what those opportunity demands
This is not a problem of the nation, but rather an individual issue of not being willing to work for a small salary due to being accustomed to higher wages. I understand that everyone has different living needs, so there might be other reasons why this person chooses to seek higher-paying jobs. The state is never accountable for our poverty. In fact, the president must care for other citizens whose conditions are even worse than ours. We are solely responsible for ourselves and our well-being.

However, being unemployed for a year and not earning any income during that period, in my opinion, is highly unreasonable. Unless they have significant savings to cover all expenses during that time.

It is not wrong to recommend someone to become a YouTuber. However, it should be noted that each person has their own passion when it comes to performance-based work. It takes a longer time to become a high-earning YouTuber. Moreover, the struggle is immense since it is based on individual performance. The better you can create content and observe opportunities, the higher the quality of your channel will be.

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June 09, 2023, 06:45:48 AM
 #145

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.



The problem with people is that if they haven't experienced it like mine, we've been struggling. When I lost my job and temporarily found a job with a very low salary, which was not enough, I was really regretting not having savings at that time. That is why right now I do always save, though it is only a small amount, so we still have extra money to spend in case we need it. But that is not my goal, right? You should be having a regular or secured job so that you won't get fired in the future. It is really best to save while at work because you'll need it on rainy days.
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June 09, 2023, 07:37:55 AM
 #146

~
This is not a problem of the nation, but rather an individual issue of not being willing to work for a small salary due to being accustomed to higher wages. I understand that everyone has different living needs, so there might be other reasons why this person chooses to seek higher-paying jobs. The state is never accountable for our poverty. In fact, the president must care for other citizens whose conditions are even worse than ours. We are solely responsible for ourselves and our well-being.
That is a stupid statement, they don't work for small wages, they don't work because the small wages isn't a livable wage, your statement is defending businesses that pay dirt cheap to their workers, have you seen the pay raise that many union workers ask? They're not a lot, they're smart enough to know the limit. Give me evidences that the state isn't accountable? Say if there's a war, will there be a continuous prosperity in that state?
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June 09, 2023, 10:22:14 AM
 #147

That is a stupid statement, they don't work for small wages, they don't work because the small wages isn't a livable wage, your statement is defending businesses that pay dirt cheap to their workers, have you seen the pay raise that many union workers ask? They're not a lot, they're smart enough to know the limit. Give me evidences that the state isn't accountable? Say if there's a war, will there be a continuous prosperity in that state?

Prosperity will never exist when the country is facing war, but in general, almost everyone does not want to work in low-paid jobs if there are other job options with more decent wages. But if some of them are facing a difficult situation such as war or like they have no other choice to survive, of course it will be very forced if they will continue to choose to work at jobs with low wages.

Although they will also continue to look for others for a more decent income because the state is only able to provide education and employment in a makeshift way, not as complete as what its citizens want. So the consideration of a job with a very small salary depends on how the environmental conditions or conditions of the country are at a certain time, because a job with a small salary is not suitable for long-term work.
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June 09, 2023, 10:56:12 AM
 #148

That is a stupid statement, they don't work for small wages, they don't work because the small wages isn't a livable wage, your statement is defending businesses that pay dirt cheap to their workers, have you seen the pay raise that many union workers ask? They're not a lot, they're smart enough to know the limit. Give me evidences that the state isn't accountable? Say if there's a war, will there be a continuous prosperity in that state?

Prosperity will never exist when the country is facing war, but in general, almost everyone does not want to work in low-paid jobs if there are other job options with more decent wages. But if some of them are facing a difficult situation such as war or like they have no other choice to survive, of course it will be very forced if they will continue to choose to work at jobs with low wages.

Although they will also continue to look for others for a more decent income because the state is only able to provide education and employment in a makeshift way, not as complete as what its citizens want. So the consideration of a job with a very small salary depends on how the environmental conditions or conditions of the country are at a certain time, because a job with a small salary is not suitable for long-term work.

Job seekers shouldn't sit back at home because of low salaries. Opportunities can as well fall out from the place of work, they can learn new skills or build an existing skill from that company. Having a gap in job history is bad for resume, and employees find it difficult to hire such applicants. That's why most time we have to start from somewhere. I understand his friend is a family man, what if he doesn't find another good paying job in few months. Staying at home is not an option, unless he's got some digital skills to keep him busy. What matters is having in mind that he won't end up in that low paying company. He should strategize his mind, to leave that place when a better opportunity arrives. Yet, he still needs the low paying job to warm up his skills to be qualified for the high paying opportunity.

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June 09, 2023, 12:46:07 PM
 #149

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.
You know another thing that can help? Voting the right people to run your country, no one wants to talk about it but it's a big factor why inflation in uncontrollable, everyone talks about increasing your income stream but no one is talking about pay raise that matches the inflation and making lobbying an illegal practice.  There's a lot of opportunities but so is the amount of people and not everyone can do what those opportunity demands

Even if the right person got leadership of the country there more than hundreds of things that can affect their decisions. They still need to follow the country’s code of conduct. Every country has their own rules and revaluations using which economical decisions are taken. Sometimes government can loosen up rules, have liberty on the individuals and corporate sectors to decide the wages. Developed countries are already running on the schemes of minimum wagering per hour payment. However there are still developing and under developed countries who aren’t on minimum wagering structure. There are many challenges. The educational flaw, lack of skill, casteism break outs, reservation quotas and much more. It’s as sophisticated as you learn it. So no single authority can really work the math just like that.
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June 09, 2023, 01:09:02 PM
 #150

~
A right government always does the best and makes improvement in the economy amidst all situation in the world Market. Inflation can be kept under control through its policies. Most of the government doesn't consider much about the micro economy, which means the contribution from the small scale industries. The focus will be much on the macro level and when something unexpected hits, the economy suffers much. Most of the countries that took care of the small scale industries and supported in its progress weren't affected much by the inflation.
Give me a country that cared for their micro economy? I really want to see if they did good and do they have policies that's helpful to their economy. It's no-brainer to focus your attention on macro scale when it comes to economy, that's where the billion dollars in profit come in compare that to the combined businesses in micro scale, it won't leave a sizable dent. I'm no economist so I'd like to be disproven that macro is better than micro.

I think all that an individual goes through wherever they are citizens of depends on the country's policy on the economy. Every country is suppose to take care of its citizens needs through good micro economic policies and macroeconomics too. This is the way a country grows and creates good standard of living not desperate to generate so much profit from services provided for the poor in the society, those basic amenities for small businesses to grow need to be provided like soft loan, good roads, electricity, water, shelter and food at cheaper rates.

@ Latviand , it is not necessary that the government would generate so much profit services the micro sectors and that is why the rich are meant to be taxed higher than the low income earners through income tax. Moreover, an example of country that has good micro economic plan is US. They take care of businesses that has employees not more than 10 because they understand that they relief the government of the burden of unemployment.

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June 09, 2023, 09:54:47 PM
 #151

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.
Trying to making sure to keep your job stable isn't a security of a bottom line as you still can lose your job due to layoffs as a result of company trying to cut down costs due to the economic crisis and inflation around the globe. The solution to today's source of income problem is multiple streams of income and not a good payable job where you feel satisfactorily at it. Anything can happen and you get fired and if you had attached other streams to the job as source of income you would then have to fall on those other sources at the moment. There's no good financial feeling like having multiple sources of income.
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June 09, 2023, 10:55:13 PM
 #152


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.
I applaud you for being a great friend and helping your bro out there in ways that you can, even if it's just listening to his problem and helping him actually land a good-paying job, but at the same time given the economic situation I would say that it's going to be really hard for you guys to find a job that he's looking for. What I could suggest is looking for other forms of employment like a side-hustle, or financing his dead business back to operation and use the profits they will yield in time to actually support and fund an emergency savings account for his wife, since that's his main concern right now. In any case, if you do guys were able to find a high-paying job I would seriously congratulate you, but just because there's little to none of this around doesn't necessarily mean that your friend has no options. Time to look inward and be very curious this time.
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June 09, 2023, 10:57:06 PM
 #153

That is a stupid statement, they don't work for small wages, they don't work because the small wages isn't a livable wage, your statement is defending businesses that pay dirt cheap to their workers, have you seen the pay raise that many union workers ask? They're not a lot, they're smart enough to know the limit. Give me evidences that the state isn't accountable? Say if there's a war, will there be a continuous prosperity in that state?

Prosperity will never exist when the country is facing war, but in general, almost everyone does not want to work in low-paid jobs if there are other job options with more decent wages. But if some of them are facing a difficult situation such as war or like they have no other choice to survive, of course it will be very forced if they will continue to choose to work at jobs with low wages.

Although they will also continue to look for others for a more decent income because the state is only able to provide education and employment in a makeshift way, not as complete as what its citizens want. So the consideration of a job with a very small salary depends on how the environmental conditions or conditions of the country are at a certain time, because a job with a small salary is not suitable for long-term work.

Job seekers shouldn't sit back at home because of low salaries. Opportunities can as well fall out from the place of work, they can learn new skills or build an existing skill from that company. Having a gap in job history is bad for resume, and employees find it difficult to hire such applicants. That's why most time we have to start from somewhere. I understand his friend is a family man, what if he doesn't find another good paying job in few months. Staying at home is not an option, unless he's got some digital skills to keep him busy. What matters is having in mind that he won't end up in that low paying company. He should strategize his mind, to leave that place when a better opportunity arrives. Yet, he still needs the low paying job to warm up his skills to be qualified for the high paying opportunity.
If you arent that hell of a lazy guy then you would definitely not stop on finding other income sources specially when you are jobless and have a family to raise on.Its true that there are lots of opportunities
neither offline or online although it wont really be that so simple when it comes on finding or choosing which one would fit out or getting hired. When it comes to competition then it would really be a tough one
considering that you arent the only ones who had been struggling on day to day living on which it would be normal that there would be other people who would really be looking for some job.

We males or man do end up on having a family on which the primary goal or target we would really be having is to have a stable job and having that decent financial status on which you would
be able to support and give out on what your family needs which is something that very common. It is really just that there are circumstances or things which would really be hindering
for us to achieved out such state.This is why giving up shouldnt really be tolerated and find ways no matter how hard it would be.

R


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June 09, 2023, 11:08:01 PM
 #154

Every one of us must not work in the office or have an office job that will make us feel like we are living above the average in this present economic situation. The world is evolving around, people are losing jobs, those that have a job are not paid well and AI is on the rise to replace people's jobs. These events are all occurring simultaneously. It will be prudent for people to have a variety of income sources and, most importantly, skills.

If your friend had a skill, he could have supported his family and paid for his wife's medical expenses.

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June 09, 2023, 11:23:22 PM
 #155

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.
Super thoughtful and straightforward to the point, to become financially independent, having a stable income is never enough, recessions and inflation in the world economy causes prices of things and cost of living to go up exponentially from time to time, it is highly recommended to have multiple streams of income, as this helps put one in a better position to face whatever life throws at him or her..

@op, advice your friend, that while looking for a job, it won't hurt to start up a business as well, and even when he manages to land a job, his wife can keep the business running.

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June 10, 2023, 07:07:41 AM
 #156

A few questions Smiley
Why the man and not the whole, complete family? Can't the wife have a good income, her own business?
And surely accumulation is the only goal? Maybe, for example, investment is the right way, at least within the idea of diversification and minimization of risks?
And maybe it is necessary to invest in the education of their children, so that they have the knowledge and skills to form a secure life?
I think this gender segregation, smells like the Middle Ages Smiley Now, in the normal world, everyone has equal rights, regardless of differences in gender, color, nationality, religion...

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June 10, 2023, 07:22:52 AM
 #157

No matter what field of work you are employed in, you should always find an alternative work place so that if your current job is lost, you can get good support from alternative employment. 

It is also true in your friend's case that if he had an alternative workplace, he would have received better support from that workplace during this crisis. We should all learn from situations like this, not your friend's or yours. Our current financial situation is going well but none of us know what our situation may be in the future so we must think about the future and save from our current earnings to invest and create an alternative employment.

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June 10, 2023, 07:52:05 AM
 #158


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 why if you have a family or have a responsibility, don't just focus on one job. Because if you only focus on one job and don't have a business or expertise in other fields, when the company goes bankrupt or gets fired, you will definitely feel confused about finding a new job again. But it's different if you have a business or useful skills, when the company where you work has problems or is fired, you definitely won't be too confused about income, because you have a business that is already running and controlled. To start, you don't need to have a very large business, the most important thing is that you already have income and can be developed.

So the term is don't be monotonous and just stay silent when you have a job. Even though it must be packed with work schedules, try to start something new on the sidelines of the busy work. Want it to open a shop, or with other fields. And don't forget to keep saving and investing, because I consider these two factors important and mandatory in my life, and will definitely come in handy in emergencies.

.
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June 10, 2023, 08:48:02 AM
 #159

Every one of us must not work in the office or have an office job that will make us feel like we are living above the average in this present economic situation. The world is evolving around, people are losing jobs, those that have a job are not paid well and AI is on the rise to replace people's jobs.

Steady income doesn't only come from working in the office or doing those white collar jobs. You can get steady income from your skills or passion. We have those getting steady income from been an influencer on social media platforms like tiktok and youtube. They mightn't het the same paycheck every week or months depending on when they want to reward but the income comes in steadily.

A steady income helps any individual that has a family to support them as not only men can have a family. We now have families that both the parents, the father and mother are the same gender and they're a living happily. Family is only complete when children are present.

R


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June 10, 2023, 09:55:42 AM
 #160


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 why if you have a family or have a responsibility, don't just focus on one job. Because if you only focus on one job and don't have a business or expertise in other fields, when the company goes bankrupt or gets fired, you will definitely feel confused about finding a new job again. But it's different if you have a business or useful skills, when the company where you work has problems or is fired, you definitely won't be too confused about income, because you have a business that is already running and controlled. To start, you don't need to have a very large business, the most important thing is that you already have income and can be developed.

So the term is don't be monotonous and just stay silent when you have a job. Even though it must be packed with work schedules, try to start something new on the sidelines of the busy work. Want it to open a shop, or with other fields. And don't forget to keep saving and investing, because I consider these two factors important and mandatory in my life, and will definitely come in handy in emergencies.

With life getting more and more difficult, the cost of living is increasing day by day, and having a source of income can never be guaranteed, even if it is a high income. Indeed, we should have 2 to 3 sources of income these days because the unexpected can happen at any time. Although it will take us longer and be more tiring, for the sake of our families and to ensure the safety of our families, we need to make sacrifices.

No matter what job we do, we can't do it all our life, when we get old, no one will hire us, or we will no longer have the strength to do it. So I also agree with you, any man should have savings and investments. It is a must have, and it will be beneficial when we are old and can no longer work.

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