Try to save money while you still can, will you ?

[Sterbens]

The world has changed, gone are those days when we can totally rely on our 9 to 5 job. Its now need of time to have some side work that can increase your earnings and can help you survive in case you suddenly lose a job. Today finding online work is not difficult as everyone of us has Internet and mobile, yes it's challenging and difficult to start with. There are numerous example of people getting online work through continuous effort. It's better to increase our earnings rather then cursing the circumstances and the government.

While you still have a job, it would be nice to set aside a little of your remaining salary for savings, at least you have a handle that can be used when needed instead of having to owe.

Yes, that's right, apart from the main job, most people nowadays choose to supplement their income from a side job, besides being able to add additional income, this can also help you when you suddenly lose your main job.
80% of people today choose online part-time jobs to supplement their income because they are easily accessible by staying at home and only needing a mobile device. It's better than having to go to the office.

[1714906706]

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[1714906706]

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[1714906706]

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[Gayong88]

My view after reading it In a situation like your friend's, it's important to find alternative sources of income, such as freelancing or part-time work. It may also be beneficial to create a budget and reduce unnecessary expenses to stretch their finances even further. Additionally, seeking help from family and friends, or government assistance programs may also be helpful.

What does it mean? it is important to be prepared for unexpected challenges and have a plan for managing financial difficulties. Saving is an important step toward financial stability and can provide a sense of security in times of uncertainty.

[Fredomago]

The world has changed, gone are those days when we can totally rely on our 9 to 5 job. Its now need of time to have some side work that can increase your earnings and can help you survive in case you suddenly lose a job. Today finding online work is not difficult as everyone of us has Internet and mobile, yes it's challenging and difficult to start with. There are numerous example of people getting online work through continuous effort. It's better to increase our earnings rather then cursing the circumstances and the government.

While you still have a job, it would be nice to set aside a little of your remaining salary for savings, at least you have a handle that can be used when needed instead of having to owe.

Yes, that's right, apart from the main job, most people nowadays choose to supplement their income from a side job, besides being able to add additional income, this can also help you when you suddenly lose your main job.
80% of people today choose online part-time jobs to supplement their income because they are easily accessible by staying at home and only needing a mobile device. It's better than having to go to the office.

If you can spare some for your saving and limit yourself from spending your money with useless vices, and it is also true that if you can find side job, then it will help a lot in saving good amount of money, there are different opinion regarding to this matter but for those who wanted to have a good financial stability, saving is the best thing to do.

It's your decision to save while you can still can and there's always a good benefit if you manage to maximize all your spare to save up.

[Bushdark]

My view after reading it In a situation like your friend's, it's important to find alternative sources of income, such as freelancing or part-time work. It may also be beneficial to create a budget and reduce unnecessary expenses to stretch their finances even further. Additionally, seeking help from family and friends, or government assistance programs may also be helpful.

What does it mean? it is important to be prepared for unexpected challenges and have a plan for managing financial difficulties. Saving is an important step toward financial stability and can provide a sense of security in times of uncertainty.

Freelancing is not like the way it used to be before and there had been a lot sof persons thar are into it now. Thee would be need to venture into other business opportunities that are right available in the internet.  It is good for us to make savings while we have money to save and not spending money extravagantly without purpose. I prefer doing it small small for it to increase with time than waiting for me to have enough money before saving them. The only way we can get to the next level is by us saving for the future.

[Unbunplease]

My view after reading it In a situation like your friend's, it's important to find alternative sources of income, such as freelancing or part-time work. It may also be beneficial to create a budget and reduce unnecessary expenses to stretch their finances even further. Additionally, seeking help from family and friends, or government assistance programs may also be helpful.

What does it mean? it is important to be prepared for unexpected challenges and have a plan for managing financial difficulties. Saving is an important step toward financial stability and can provide a sense of security in times of uncertainty.

To engage in freelancing, you need to be a person of a certain temperament. If a person is a slave and has little initiative, then this kind of activity as a freelancer is unlikely to suit him. In that case, one option is to work with a good psychologist.

[Exeus]

The world has changed, gone are those days when we can totally rely on our 9 to 5 job. Its now need of time to have some side work that can increase your earnings and can help you survive in case you suddenly lose a job. Today finding online work is not difficult as everyone of us has Internet and mobile, yes it's challenging and difficult to start with. There are numerous example of people getting online work through continuous effort. It's better to increase our earnings rather then cursing the circumstances and the government.

While you still have a job, it would be nice to set aside a little of your remaining salary for savings, at least you have a handle that can be used when needed instead of having to owe.

Yes, that's right, apart from the main job, most people nowadays choose to supplement their income from a side job, besides being able to add additional income, this can also help you when you suddenly lose your main job.
80% of people today choose online part-time jobs to supplement their income because they are easily accessible by staying at home and only needing a mobile device. It's better than having to go to the office.

As long as they get paid they will always choose what's best for them, but it terms of benefits and sustainability you can't actually get it in virtual jobs. Well there are some online jobs they offer beneficiary for their employees but we can't deny the fact that if the company shutdown those employees can't get anything from the company.

[awik p]

My view after reading it In a situation like your friend's, it's important to find alternative sources of income, such as freelancing or part-time work. It may also be beneficial to create a budget and reduce unnecessary expenses to stretch their finances even further. Additionally, seeking help from family and friends, or government assistance programs may also be helpful.

What does it mean? it is important to be prepared for unexpected challenges and have a plan for managing financial difficulties. Saving is an important step toward financial stability and can provide a sense of security in times of uncertainty.

Freelancing is not like the way it used to be before and there had been a lot sof persons thar are into it now. Thee would be need to venture into other business opportunities that are right available in the internet.  It is good for us to make savings while we have money to save and not spending money extravagantly without purpose. I prefer doing it small small for it to increase with time than waiting for me to have enough money before saving them. The only way we can get to the next level is by us saving for the future.

indeed we have to plan for the future, so that we have clear goals and directions in life. including saving and investing for future gains. therefore there are times when we look for other sources of income while we are still able to guarantee in old age. at least we have to have passive income to anticipate when we are unable to work, there is still income every month and there are still other investments

[mulia sabee]

Well, the inflation in my country now is not extremely high but has already damaged the economy. The cost of living is increasing and does not seem to stop. Last week one of my friends lost his job after working in the same company for a decade. His life abruptly changed, putting him in a place where he could not support his family. If you were him, how would you survive this tough time ? As a friend, I am trying to help him as much as I can and meanwhile, I am planning to save more money to prepare for the unexpected challenges in my life. What about you ?

We all needs money to meet up with the daily demands but not everyone can maintain the habit to save from the little they have for the future, the mistake we made most times is that we have expect things to be running as usual for us since we had it all going well as at that time, but things are not permanent sometimes especially when dealing with money, situations changes but what we have save up will always serve our backup whenever we experience the unexpected.

[deathcode]

Well, the inflation in my country now is not extremely high but has already damaged the economy. The cost of living is increasing and does not seem to stop. Last week one of my friends lost his job after working in the same company for a decade. His life abruptly changed, putting him in a place where he could not support his family. If you were him, how would you survive this tough time ? As a friend, I am trying to help him as much as I can and meanwhile, I am planning to save more money to prepare for the unexpected challenges in my life. What about you ?

We all needs money to meet up with the daily demands but not everyone can maintain the habit to save from the little they have for the future, the mistake we made most times is that we have expect things to be running as usual for us since we had it all going well as at that time, but things are not permanent sometimes especially when dealing with money, situations changes but what we have save up will always serve our backup whenever we experience the unexpected.

It is true that if we have accustomed ourselves to always saving for the future, sometimes there will be conditions that make our savings funds withdrawn and drained.
Even though we are used to saving, if we can't control our lifestyle or can't sort out which is more important to buy or fulfill, then our money will always run out and even savings will have to be taken away.
Then regarding the problem that was conveyed by OP, in my opinion we really have to have a backup plan because if we are still workers or laborers in a company then we cannot continue to rely on that because one day the company may go bankrupt or we may even be laid off.
Maybe while there is still time we should think about a side business by selling or creating a small business which will be a temporary way of survival if something unexpected happens to our main job.

[odunybiz]

Saving is not as easy as we think. Most people save from  excess income after buying what they want. Imagine when your income is hardly enough for you, will such person be able to save?

[Paul Pogba]

To make the future of our lives better, of course we have to save and invest, most people feel that they only focus on saving so that when they are not working, their income drops and they are not ready to live a new life, by investing, we can make the future better.

[Yawa2020]

Saving is not as easy as we think. Most people save from  excess income after buying what they want. Imagine when your income is hardly enough for you, will such person be able to save?

We are having the same thought here. Like Majority of Comments under this thread are shouting saving and investment as if it is very easier to save. Taking into consideration that majority of human population receives average wage and salary which hardly cover their monthly expenses. So how do you expect such person to save or invest? Engaging in entrepreneurship is the way to go now.

[Fredomago]

To make the future of our lives better, of course we have to save and invest, most people feel that they only focus on saving so that when they are not working, their income drops and they are not ready to live a new life, by investing, we can make the future better.

Yeah by investing either in business or by investing with stocks or crypto you are aiming to grow your money aside from saving it for your good future, there are people who loves to save as they are looking at it as an emergency fund in any case that will happen they have something to use.

Saving is not as easy as we think. Most people save from  excess income after buying what they want. Imagine when your income is hardly enough for you, will such person be able to save?

That's tough! But the chance of taking some saving if they can limit expenses or they can avoid using their spare money for some useless things but focus on maximizing your salaries to have spare for your savings.

[cryptoknightt]

If I were him, I would probably find another job, whatever the means, regardless of the income, so I can support myself and my family.
when you get a job, reduce your lifestyle to provide for your daily needs and your family.

[xSkylarx]

If I were him, I would probably find another job, whatever the means, regardless of the income, so I can support myself and my family.
when you get a job, reduce your lifestyle to provide for your daily needs and your family.

The problem in finding a new job and if the salary is below than you past is that you will take time to adopt though it is still better than you dont have a job but still strive for more like find a job that is better or if not the same your previous salary so that you wont struggle and at the same time find another source of income and save because
For sure you learn your lesson from lossing your job so it is better to save for incase of emergency

[naikturun]

i will if i still can save money so i can save money, then invest to business or something to gain passive income, but to go to level that is not easy, first must have income then make it bigger and can save money then the last invest it to gain passive income.

[Inwestour]

Many people wanted to save money but it is really hard, in my country the minimum wage is very small and it is really hard to budget specially when the basic needs price rises so there's nothing left to save and most of them take a loan because the salary is not enough, so i think saving is for the people who has above minimum wage and for rich people. Saving is good but not all people can easily do saving.

No one said that saving is easy, but this is what you should strive for. I know that in many countries the minimum wage is a very low standard of living, in my country the minimum wage is also very low, I don’t know how you can live on it, I would call it existence.

Therefore, you need to get out of this, try to find a job with a better salary, such work is always there but it may require special skills. It may take some time, but you need to increase your income.

[Twentyonepaylots]

If I were him, I would probably find another job, whatever the means, regardless of the income, so I can support myself and my family.
when you get a job, reduce your lifestyle to provide for your daily needs and your family.

The problem in finding a new job and if the salary is below than you past is that you will take time to adopt though it is still better than you dont have a job but still strive for more like find a job that is better or if not the same your previous salary so that you wont struggle and at the same time find another source of income and save because
For sure you learn your lesson from lossing your job so it is better to save for incase of emergency

I think if you are firm and confident with your ability, then you should know your value. I think being in a company for a decade created you enough credentials for your professional growth. However, if you just try to make it always bare minimum, I am not surprised that you would be offered with lower salary. Industries are becoming competitive and you should always go with the flow of making yourself be better than before. This instance really proves how important emergency fund is, that constitutes your five month salary, since it would help you survive the months without work while taking your time finding the best job and company.

[mulia sabee]

Well, the inflation in my country now is not extremely high but has already damaged the economy. The cost of living is increasing and does not seem to stop. Last week one of my friends lost his job after working in the same company for a decade. His life abruptly changed, putting him in a place where he could not support his family. If you were him, how would you survive this tough time ? As a friend, I am trying to help him as much as I can and meanwhile, I am planning to save more money to prepare for the unexpected challenges in my life. What about you ?

We all needs money to meet up with the daily demands but not everyone can maintain the habit to save from the little they have for the future, the mistake we made most times is that we have expect things to be running as usual for us since we had it all going well as at that time, but things are not permanent sometimes especially when dealing with money, situations changes but what we have save up will always serve our backup whenever we experience the unexpected.

It is true that if we have accustomed ourselves to always saving for the future, sometimes there will be conditions that make our savings funds withdrawn and drained.
Even though we are used to saving, if we can't control our lifestyle or can't sort out which is more important to buy or fulfill, then our money will always run out and even savings will have to be taken away.
Then regarding the problem that was conveyed by OP, in my opinion we really have to have a backup plan because if we are still workers or laborers in a company then we cannot continue to rely on that because one day the company may go bankrupt or we may even be laid off.
Maybe while there is still time we should think about a side business by selling or creating a small business which will be a temporary way of survival if something unexpected happens to our main job.

Savings will be used or you have to take it if it's urgent, no one can predict the future.
I think reserve funds and savings are the same, savings are the reserves of money that we have for emergencies, working to save is a must that must be done by everyone facing difficult times

[HajiBagi]

Well, the inflation in my country now is not extremely high but has already damaged the economy. The cost of living is increasing and does not seem to stop. Last week one of my friends lost his job after working in the same company for a decade. His life abruptly changed, putting him in a place where he could not support his family. If you were him, how would you survive this tough time ? As a friend, I am trying to help him as much as I can and meanwhile, I am planning to save more money to prepare for the unexpected challenges in my life. What about you ?

As a salary earner or business owner, the first thing you consider before starting a job is how to save some money from your pay. This is significant since you never know what circumstance you will encounter, such as personal or family troubles. Let's look at various nations where the government frequently suffers from late salary payments, many people experience this. Not only does it assist when you lose your job, it also provides assistance when a salary is not received on time.