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

[Fredomago]

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.

Yes, income that will allow them to provide for their families, whatever the venue that they earn, as long as it's enough to maintain the needs of their loved ones, day job or side-hustle things that you need to do in order to work and earn decently, or if you are good in both sides, you can save more and start your own business or invest your savings to something passive that may allow you to become financially stable.

It's more on the task that you need to address, but if you have a big overview of how the future may take you, it's quite better
to start saving or investing at your early age, as obligations are really tough when you already have someone to feed in your hands.

[Uruhara]

The story that the OP wrote in this thread led me to one thought that we should really make preparations for the future. and also makes me more and more convinced that we must have more than one source of income. Having a side business is also really important because when we have to let go of one job, we still have other sources of income.

I hope the friend that OP told me about is now in a better condition and already has a better income and can better support his family. and may his wife also be given healing.

[Lorence.xD]

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.

Here in my country, as you said the cost of living is increasing day by day. Which is true as inflation rises the value of products increases but you know what's the worst part? The salary of average working man still remain the same as a result, they couldn't even save money or invest. My thoughts about this is that never ever make a family if you're not ready yet, because those bare minimum salary only sufficient to one person. If you're living alone then you might save some money to invest so when the time comes you already have some backup money for you to support your family.

[KiaKia]

A steady source of income makes a lot of sense only if the paycheck is very big, if you are an average salary earner you won't be happy with what you are making, so, multiple source of income is much more better than anything, if money is flowing in from right and left you will be able to take care of your family and do things that you are not able to do for them before, also you will be able to invest some money for the future sake of you and your family.

Make sure you are not pushing things too fast too, I mean if you have managed up to two jobs, let it be just two, if you go three jobs it might not be healthy for you.

[YinShuiSiYuan]

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.

Here in my country, as you said the cost of living is increasing day by day. Which is true as inflation rises the value of products increases but you know what's the worst part? The salary of average working man still remain the same as a result, they couldn't even save money or invest. My thoughts about this is that never ever make a family if you're not ready yet, because those bare minimum salary only sufficient to one person. If you're living alone then you might save some money to invest so when the time comes you already have some backup money for you to support your family.

That's true the rate with which inflation is rising is too high but the salaries and income is same and government is not willing to increase them too much .
Yes everyone's purpose of life Is to take good care of their family and provide them with all possible necessities and all of us wants a steady income for that  but the question is what is steady income actually?

[tjtonmoy]

First thing came to my mind after reading the OP is, does he not have a saving for this kind of emergency situation? Doesn't matter how low or how high your income is, you should always consider having a saving. Emergency situations are never predictable, thus it could happen at any time. That's why we need savings in order to tackle those kinds of situations. Also investing in order to grow our assets should be the first choice. Save in order to invest so that you can grow.

It is tough to get a job nowadays. The competition is so high, even over qualified people are struggling to get a job. If you have something that belongs to you, and it can back you up in emergencies and also help you to grow your assets. Anything that generates your income should never be overlooked. I have seen people try to leave their current job in pursuit of a higher paying one. That's a good thing to have or to do. But leaving your current job to focus on another in hopes that you will get it. Confirm your other job first, then leave the previous one. If possible, have both. Multiple income source and savings will always help in situations like this.

[doomloop]

~

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?

Well, that is an issue that exists in every country, there will either be less jobs and more workers or there will be more jobs paying way less than the minimum wage which can't even fulfill the basic needs of a person, so it literally makes no sense for anyone working on those jobs since even after so much hard work, they get to take loans or borrow money only to spend the month.

That is why some people would simply not want to work in places like these where they are paid way less than the minimum wage which isn't enough for them and their family, most people look for jobs that pay higher but since there is too much competition and less jobs, they fail to achieve that.

[serjent05]

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.

Why not take advantage of the offer, it is better than not having any income at all.  then while on the job, he can continue his quest to find a high-paying job.  It is also an additional point to have experience in his coming job if he decided to accept one of the jobs offered to him.

Just think of the scenario, your friend keeps on looking for a job while not being employed.  This means your friend will soon exhaust his finances because there are no means of replenishment of his fund.  So I advice your friend to accept one of the job offers which he thinks has the most benefits for him while continuing to look for a better job. It is better than nothing at all.

[Ayers]

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.

Here in my country, as you said the cost of living is increasing day by day. Which is true as inflation rises the value of products increases but you know what's the worst part? The salary of average working man still remain the same as a result, they couldn't even save money or invest. My thoughts about this is that never ever make a family if you're not ready yet, because those bare minimum salary only sufficient to one person. If you're living alone then you might save some money to invest so when the time comes you already have some backup money for you to support your family.

Not only in your country, but I believe it is happening everywhere in the world, and only low income people feel and are affected the most. But on the issue of salary increase, I know many people are very upset with the policy of no salary increase of the government. But in my opinion, when commodity prices increase due to global inflation and if the government also raises wages immediately, national inflation will also grow faster and be more difficult to control. Therefore, the salary increase will usually only be considered carefully before deciding. And as I said, each person should have 2 to 3 sources of income as the only solution to inflation.

[CODE200]

A steady source of income makes a lot of sense only if the paycheck is very big

How big are we talking about though? There are people out there that's earning more than livable wage in my country but they still do side hustles. I don't think that it even make sense having only one source, I think that with the ever increasing inflation and the price of goods and services ever increasing, I think that the norm is having more than one source of income. Also, a steady source of income isn't half bad if you are only sustaining yourself, sounds contradictory to my first opinion but I think it's the truth, a steady source of income no matter how meager it is, if you don't have any responsibilities besides yourself, it's good enough.

[axxo]

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 is true no matter how much you earn right now every family man should try make their source of income stable because we never know until when we are going to have our regular job. A steady source of income is a crucial in supporting a family need regardless of gender. As we all know that the cost of living is rising rapidly, it is essential to have a regular income to meet our basic needs and also our family. With the effect of inflation all over the world a lot of people not only your friend suffered from lay off. I hope your friend could find another source of income to be able to sustain the needs of his family. He can try do apply for an online jobs and be patient to search for one.

[xSkylarx]

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 is true no matter how much you earn right now every family man should try make their source of income stable because we never know until when we are going to have our regular job. A steady source of income is a crucial in supporting a family need regardless of gender. As we all know that the cost of living is rising rapidly, it is essential to have a regular income to meet our basic needs and also our family. With the effect of inflation all over the world a lot of people not only your friend suffered from lay off. I hope your friend could find another source of income to be able to sustain the needs of his family. He can try do apply for an online jobs and be patient to search for one.

The problem right now is that it is really difficult to find a stable job. Even for me, that is really what I want, as before I lost multiple jobs, with which my family really struggles a lot. That is why right now I settle more on a stable job than a high-paying one, because even if you want to grab the high-paying one, if, let's say, in a few years you'll get laid off, that is really useless, unlike having a secured one, which means that you have job security at that time, and you just add some side hustle to have another source of income.

[Uruhara]

A steady source of income makes a lot of sense only if the paycheck is very big, if you are an average salary earner you won't be happy with what you are making, so, multiple source of income is much more better than anything, if money is flowing in from right and left you will be able to take care of your family and do things that you are not able to do for them before, also you will be able to invest some money for the future sake of you and your family.

Make sure you are not pushing things too fast too, I mean if you have managed up to two jobs, let it be just two, if you go three jobs it might not be healthy for you.

It is very important to have more than one source of income. In addition to the main job, it is important for us to have a side job that can provide us with additional income. which makes it easier for us to manage finances because we have enough to use and also to save.

But indeed we should not overwork. because health is also an important thing that we must take care of. which means we have to have a balance between work and rest time.

[Iadegbola34]

I'm really sorry to hear about your friend's tough situation. It's understandable that he's hesitant to take a job without proper benefits and stability, especially with his wife's health concerns. It's great that you're supporting him in his job search. One piece of advice I have is to explore alternative options like freelancing or remote work, which might offer more flexibility and potential for higher pay. Encourage him to network, update his resume, and consider any transferable skills he may have. Remind him to stay positive and persistent.

[demonica]

I'm really sorry to hear about your friend's tough situation. It's understandable that he's hesitant to take a job without proper benefits and stability, especially with his wife's health concerns. It's great that you're supporting him in his job search. One piece of advice I have is to explore alternative options like freelancing or remote work, which might offer more flexibility and potential for higher pay. Encourage him to network, update his resume, and consider any transferable skills he may have. Remind him to stay positive and persistent.

It's indeed hard to find a high paying job unless you have a great skills or background that would worth a high value of salary. But if you're really desperate, maybe it's fine to accept those job offers he have since he needed the money immediately for his family. He also need to find another source of income or a part time if possible. It could be exhausting but you need to make sacrifices.

Remote works are also effective since it gives you flexibility. Because if you really need to save up money for a short period of time, you also need to manage your time so it won't be wasted.

[xSkylarx]

I'm really sorry to hear about your friend's tough situation. It's understandable that he's hesitant to take a job without proper benefits and stability, especially with his wife's health concerns. It's great that you're supporting him in his job search. One piece of advice I have is to explore alternative options like freelancing or remote work, which might offer more flexibility and potential for higher pay. Encourage him to network, update his resume, and consider any transferable skills he may have. Remind him to stay positive and persistent.

If he is inexperienced and has limited skills, it is really difficult to find remote work, but again, hardship and patience are really required, as you can't get hired in just one night unless you have outstanding skills. Also, one of the problems is that he has a family, and he needs money so that he can feed them, so he has no time to waste, and those choices of job he needs to take while finding another better job. This is not the time to be choosy; grab what you can and feed your family, then find another job that you want, and if you get hired, resign from your old job that you don't like.

[umbara ardian]

In this time of escalating prices, you should find ways to increase your income so that you are always proactive in spending and easily overcome financial difficulties. If you have only one main source of income, it is easy to fall into financial difficulties. So learning a new skill from your own work is a way to make money and is the key to making you more successful. If your main job still has a lot of time left over, choosing a part-time job is also a very good way to increase income. It's especially relevant if you haven't been able to get a raise or move into higher-paying jobs. These jobs you will not need to do long-term nor look far.

[Velemir Sava]

I think everything starts small first. yes, maybe your friend has tried but is constrained by the amount of salary that will be obtained when he works later. Yes. what you say makes sense. try to hold on and don't resend in a hurry before an opportunity comes that is definitely on target. I think that's what I can take the implied message.

It's called a need, it is born and continues to be born and must be fulfilled especially if one of our family members is in a bad condition in terms of health like your friend's condition. The solution is to keep trying again and don't give up in the middle of the road because I'm sure everything that happens to all of us here is not a coincidence.

[GigaBit]

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.

[Asuspawer09]

I think the salary would depend on the experience at this point your friend have his own business before so with that experience probably he could land a minimum or higher pay for sales, and the incentives is actually one of the best thing for doing sales since you're getting a commission and most of the time these incentives are highly depends on your sale. If he can't find any job he can accept the sales job offer even though it was low pay but he could just depend on the incentives.

I mean you just need to save and invest every time you earn a good amount of money or profit, mostly I save and invest a high percentage of my salary and I spend a very low percentage with that I can assure that my savings and investment is always bigger than my spending. If you really want to earn millions what you need to get there fast is just to have a lot of income, so your gonna need a lot of income from different investments, like maybe you could invest in something that brings you income, like passive income. It's going to be difficult but it's easy to get there if you already have multiple incomes.