Food for thought

[Don Pedro Dinero]

There is a saying that " You can never be rich, working for someone " But that does not mean that being an employee is bad.

Like all sayings, there is some truth to it, but there are exceptions, such as being an NBA or NFL player. They work for others and they are rich. Or the CEO who earns 10 million dollars a year. But in general it is a saying that is quite true, for the man in the street is more likely to get rich by setting up a business than by working for someone else. However, setting up a business has its risks and the person who does it can end up much worse off because sometimes you have to guarantee the business with your assets so that it can continue to function, like your house, and if the business continues to go wrong you lose it.

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[fullhdpixel]

Taking the pention out of the box, it will be wise to every employee to start up a good business that will begin to fetch them money before their retirement. Business takes time to grow and reach a stage where you can be receiving good profits with out affecting the business. So the early we think and establish the easier and convenient we become after retirement, having something to lay hands on for income.

Wise people do that, they set up businesses and start creating multiple income streams when they have the money in hand so that they and their families don't face any problems in the future. These are the people whose children live a very happy and prosperous life with all the luxuries they could ever think of because their parents have done everything already and created businesses and income streams for them and their future instead of wasting money.

On the other hand, some people wouldn't do anything for the future and they believe more in living the present, which makes them spend every dime they get into living the best life now, without making any compromises, and when the money ends and they retire, that's when the problems start to pop up.

[bayu7adi]

Getting a part-time job outside of your regular office hours is indeed diverse, but pulling it off is no walk in the park. We all want to have a side gig, you know, just in case we suddenly lose our main job. At least, it gives us a breathing space to pay bills and dues until we land a new job, relying on the side hustle for a while. But remember, it's not easy to do.

It takes a high level of discipline and consistency to maintain a good side job. There are loads of part-time gigs that may not be worth it because they're too demanding or maybe just too time-consuming.

Perhaps I can throw in a suggestion to opt for a side gig that's growth-oriented. That way, the longer you stick with it, the more your skills, business, or side job can grow along with you. And the best scenario would be having a business that becomes your main source of income, while your previous job, which used to be the main income, turns into a side hustle.  

[reagansimms]

Ready or not, we must be ready to accept it if that is our destiny.
And it's best before that happens and while we are still working, we have to prepare ourselves in advance if that happens, by saving or investing. And if the salary is only enough to meet our needs, we also have to think about this when we are still working to find a side job or additional income so that we can save or invest according to our abilities.
And with all that, you will not experience difficulties and destruction when you are fired from your job, and that way you can open a business or anything from your savings or investments and you can also continue doing your side job. Because in the current economic conditions we are required to be smart in living a life that does not only rely on one source of income, because we never know what will happen in the future. So preparing an umbrella before it rains is very important, you have to think and plan in advance while you are still working, otherwise you will suffer.
And for this problem there is no need to question or ask other people or anyone else, because they will not care and living independently is much happier and more enjoyable.

Fate and destiny are two different things, destiny cannot be changed, if someone is destined to experience difficulties in building their finances for the better, they will continue to fail to achieve financial freedom even though they work day and night. Most people who are destined for economic difficulties will live a life with all their shortcomings, they are more commonly called poor people.

Fate can still be changed as long as there is a desire to look for other sources of income, relying on just one source of income is clearly not enough. There are still many other unexpected needs that can cause expenses to increase, increasing family members, house renovations and other unexpected costs such as a vehicle suddenly breaking down. Other sources of income need to be explored in order to maintain financial balance. There are deep considerations in order to achieve financial freedom in the future so that you can live a better life, so it must start from now.

[slapper]

Ready or not, we must be ready to accept it if that is our destiny.
And it's best before that happens and while we are still working, we have to prepare ourselves in advance if that happens, by saving or investing. And if the salary is only enough to meet our needs, we also have to think about this when we are still working to find a side job or additional income so that we can save or invest according to our abilities.
And with all that, you will not experience difficulties and destruction when you are fired from your job, and that way you can open a business or anything from your savings or investments and you can also continue doing your side job. Because in the current economic conditions we are required to be smart in living a life that does not only rely on one source of income, because we never know what will happen in the future. So preparing an umbrella before it rains is very important, you have to think and plan in advance while you are still working, otherwise you will suffer.
And for this problem there is no need to question or ask other people or anyone else, because they will not care and living independently is much happier and more enjoyable.

Fate and destiny are two different things, destiny cannot be changed, if someone is destined to experience difficulties in building their finances for the better, they will continue to fail to achieve financial freedom even though they work day and night. Most people who are destined for economic difficulties will live a life with all their shortcomings, they are more commonly called poor people.

Fate can still be changed as long as there is a desire to look for other sources of income, relying on just one source of income is clearly not enough. There are still many other unexpected needs that can cause expenses to increase, increasing family members, house renovations and other unexpected costs such as a vehicle suddenly breaking down. Other sources of income need to be explored in order to maintain financial balance. There are deep considerations in order to achieve financial freedom in the future so that you can live a better life, so it must start from now.

I agree that destiny may seem like a fixed star in the financial world. But, isn't that a bit too pessimistic? Shouldn't we question someone's 'destined' economic struggles? Around the world, people have overcome 'destined' financial troubles through tenacity and smart decision-making. Not just harder, but smarter. They've diversified income, invested intelligently, and learned financial literacy. It's a brutal truth, but resting on the laurels of destiny is a cop-out. We must take charge and win.

Your point about fate being changeable is correct. Diversifying income is reasonable and necessary. Economic instability has never been seen before. Relying on a single source of income is a bad idea. Thrive, not just survive. We should investigate passive income, investment, and side jobs. Truthfully, it's not easy. Breaking financial stagnation takes courage, foresight, and determination. Every income stream strengthens our financial fortress. We must take charge of our finances.

[Litzki1990]

It is normal that you are employed in a field of work and you are getting a certain salary every month from being employed in the field of work and with that salary you are doing well with your family. As you get fixed amount of money every month you don't realize how important this money is for you at this time but when you lose your job you will realize how hard the world is for you. If I put it simply, we never understand the value of teeth when we have teeth or when we have a body part we never understand the value of that part but when a person does not have that part in his body but he understands how important that part is for him. In real terms we should be careful about this before losing our job and we should be careful that there is no point in regretting after losing our job.

[YOSHIE]

For those working for government or an entity, try  to  start a small business and grow it gradually while still doing your 9am- 5pm job.

I have a friend who works in the government, so now my friend has retired, not been fired, but has finished working in the government, but what I want to convey here is the idea that he developed and carried out until now it has come to public attention and he succeeded in doing it, he did this business while he was still active in government, my friend's economy was growing rapidly.

So there are many things you can do, for example what my friend did.
While he was still active in government he managed to buy quite a large garden of land, currently he has developed several young plants, such as: young coconut, honey orange, palm oil and banana.
The four plants he is cultivating are now producing brilliant results, he can make $300 a day, and he can make $9000 a month, that's one example that can be developed without high risk.

Perhaps from my friend's experience, this is the best aspiration for all of us here, the young plant business is more economically profitable, where when we no longer work in government, with this business the economy will still develop rapidly.

[junder]

It is normal that you are employed in a field of work and you are getting a certain salary every month from being employed in the field of work and with that salary you are doing well with your family. As you get fixed amount of money every month you don't realize how important this money is for you at this time but when you lose your job you will realize how hard the world is for you. If I put it simply, we never understand the value of teeth when we have teeth or when we have a body part we never understand the value of that part but when a person does not have that part in his body but he understands how important that part is for him. In real terms we should be careful about this before losing our job and we should be careful that there is no point in regretting after losing our job.

I think those who have got a job with an income every month they have to maintain it, because that is their main income and with it their basic economic needs are helped, if they don't work and don't have an income of course they will experience economic difficulties, too People who already have a job must maintain that job, they must be able to move up in position so that their income also increases every month.You are right, besides, if they have lost their job, their situation will not improve, in fact, perhaps they will have difficulties because without a job, they will not get a steady monthly income. because if they have a job it is also for their own good, not for other people, maybe some of them and their families who may also have to enjoy a little of their monthly income. because everyone should have a fixed monthly income, especially men. In my opinion, men have a greater responsibility than women, because men will be the head of the family in the future, therefore I emphasize that men must have a job with a clear income every month.

[benalexis12]

For those working for government or an entity, try  to  start a small business and grow it gradually while still doing your 9am- 5pm job.

We might not feel the importance of it until we have been lay off from the job.
I have a question for those working for an entity or government, if you are being sacked today, what will be your faith? Will you still be financially strong, can your other sources of income keeps you going or you will be devastated by the loss of your job.

In this current economy, it's suicidal to have only one source of income.
If you must live well you must be ready to grab the bull by his horn am make life changing decisions by having more than one source of income.
Don't put your financial destiny in the hands of your bosses, you might not know the importance of having your own business till you have been sacked. think about it.

If you have a regular job and you think you still have time to make other income besides your job, I think it's a good opportunity to take advantage of it. For example, here in the crypto space, you can do it inserted after your work, it just depends on the time management you do.

And there are many people doing this all over the world actually, let's not stick to just one source of income, as long as we can manage it, we will take advantage of the opportunity to do it for real. Just don't let go of your stable job, now when the time comes that your other source of income is stable, that's when you decide if you can really let go or leave your regular job at a company.

[DYING_S0UL]

If you have a regular job and you think you still have time to make other income besides your job, I think it's a good opportunity to take advantage of it. For example, here in the crypto space, you can do it inserted after your work, it just depends on the time management you do.

And there are many people doing this all over the world actually, let's not stick to just one source of income, as long as we can manage it, we will take advantage of the opportunity to do it for real. Just don't let go of your stable job, now when the time comes that your other source of income is stable, that's when you decide if you can really let go or leave your regular job at a company.

Exactly! We should never rely on one source of income. Instead, we should have multiple (if possible) sources of income. Because what if that source of income closes? It's true for the forum too. I know this forum is not a job place. But that aside, many of us are making some extra cash with the signature campaign. But what's scary is that some are totally dependent on signatures. They don't have any other alternate source of income. What if theymos decide to close the signature!? Scary, isn't it?

[jeha2015]

Getting a part-time job outside of your regular office hours is indeed diverse, but pulling it off is no walk in the park. We all want to have a side gig, you know, just in case we suddenly lose our main job. At least, it gives us a breathing space to pay bills and dues until we land a new job, relying on the side hustle for a while. But remember, it's not easy to do.

It takes a high level of discipline and consistency to maintain a good side job. There are loads of part-time gigs that may not be worth it because they're too demanding or maybe just too time-consuming.

Yes that's right. Indeed, if you study it in theory, it seems easy to do side work, but in practice it will feel difficult because we have to be smart in dividing our time and have to be smart in seeing opportunities that suit our needs. circumstances. Because everyone's job will be different and not as easy as suggested. For example, my neighbor works as a factory employee. Can an employee have a side job? Employees also work from 8 am to 5 pm, not to mention they work hard and of course when they come home from work they will definitely be exhausted. And it's true, having a side job means getting a lot of support, for example, if you get into trouble from one of them, your income will still work. But it's not as easy as turning a finger to get additional work.

Perhaps I can throw in a suggestion to opt for a side gig that's growth-oriented. That way, the longer you stick with it, the more your skills, business, or side job can grow along with you. And the best scenario would be having a business that becomes your main source of income, while your previous job, which used to be the main income, turns into a side hustle.  

Your suggestions are quite interesting, and worth putting into practice if you can divide your time between business matters and your main job. But for me, I only have two incomes, namely from trading and from working. Because for me traders do not interfere with my main job.

[DYING_S0UL]

Yes that's right. Indeed, if you study it in theory, it seems easy to do side work, but in practice it will feel difficult because we have to be smart in dividing our time and have to be smart in seeing opportunities that suit our needs. circumstances. Because everyone's job will be different and not as easy as suggested. For example, my neighbor works as a factory employee. Can an employee have a side job? Employees also work from 8 am to 5 pm, not to mention they work hard and of course when they come home from work they will definitely be exhausted. And it's true, having a side job means getting a lot of support, for example, if you get into trouble from one of them, your income will still work. But it's not as easy as turning a finger to get additional work.

A part time or side work isn't bad either. If I could make up time for some side work, I will surely take it, as it'll bring me some extra money.

BTW, I don't think a factory employee can pull off such a task. Working two or multiple jobs is just too much of a hassle for him. If it were me, I would have just stick to my old job.

[Cookdata]

For those working for government or an entity, try  to  start a small business and grow it gradually while still doing your 9am- 5pm job.

Today is 26th of December 2023, how many of your friend that are doing white-collar job or work for the government that has set up a business actually succeeded in doing so this year? Let's start from there.

Business is not an adventure you jump into and comes out in flying color, you can give it a try and struggle to bye pass the turbulence and win and you may try it and fail instantly, there is no way about it; that said. If there is economy shake within the area where the business is situated, you will likely sell it and close up especially in a place where inflation has deeped seriously.

What kind of business do you even think a government person can start with when they are not been paid heavy amount, most of them depend on the paycheck to feed their families and pay the rest of the bills. You might say loan is available but it's a suicide to start a business with money on loan.

We might not feel the importance of it until we have been lay off from the job.
I have a question for those working for an entity or government, if you are being sacked today, what will be your faith? Will you still be financially strong, can your other sources of income keeps you going or you will be devastated by the loss of your job.

In this current economy, it's suicidal to have only one source of income.
If you must live well you must be ready to grab the bull by his horn am make life changing decisions by having more than one source of income.
Don't put your financial destiny in the hands of your bosses, you might not know the importance of having your own business till you have been sacked. think about it.

It's not good to depend on one source of income but that doesn't mean you should run and start a business, some of us are not a business type, some people can only excel when they work for another person and with proper management, they will live comfortably without struggling to pay for basic things. I mean, what's the point of starting a business after  raising large amount of money only to start a business and close it later, that's a loss you might never recover from you know.

Business is good and profitable if you know your way but instead of going through that and don't want to depend on a single source of income, why not do good extra work to get passive income. Why not invest the money into other good investment that will yield s remarkable profits later instead risking everything on business that might not end well.

[Miles2006]

The truth is not everyone can handle a business properly and sometimes during the process the person end up with loss and no profit so they will have to quit the process, have always love the idea of having multi source of income cause everyone seems to be competing, the idea of the op includes both the low salary eaners and high salary earner. Firstly any job that consumes time will pay high so every normal person will always have this mindset that nothing last forever so definetly he will leave the job some day, the best  idea is to build a source of income or rather invest the money for example real estate investment, bitcoin investment etc cause after retirement if anyone fail to lay a good foundation that person can't survive the economy, if anyone can't manage a business they're other means of earning money.

[freedomgo]

Owning a business has always been my dream, regardless if I have a current job that pays me well. It's still different to be your own boss, to be in control with your own time, and to work without being supervised by your manager or boss. Thus, growing a business is the key. Its only hard in the beginning especially if there is tight competition with same businesses in one area, but  eventually you will come to overcome it through your day to day experience.

However, if you can keep your job and your business without compromising the other one, that will be a lot better. It's best to have two heads than one, as the rate of success will be higher.

[abel1337]

Owning a business has always been my dream, regardless if I have a current job that pays me well. It's still different to be your own boss, to be in control with your own time, and to work without being supervised by your manager or boss. Thus, growing a business is the key. Its only hard in the beginning especially if there is tight competition with same businesses in one area, but  eventually you will come to overcome it through your day to day experience.

However, if you can keep your job and your business without compromising the other one, that will be a lot better. It's best to have two heads than one, as the rate of success will be higher.

Maybe try to grow one yourself. I guess that you haven't ran a business yourself since it is still your dream. Your first business has the highest chance of ending up being failed given that you lack the experience in running a business. If your business idea is able to run without spending your whole time with it, try to build it that way. I experience so many businesses that fails because I got my first success in running a business. It's true that you own your time but the amount of time you will be spending on business is much more than your job working hours. That's why I believe that it is good to give all your time into your business if you have saw a potential to it by doing the test runs that only cost fraction of your time.

I agree that it is better to keep your job unless your business can support you fully. It is always better to have a secondary source of income just incase something bad happened to your other sources of income.

[usekevin]

Getting a part-time job outside of your regular office hours is indeed diverse, but pulling it off is no walk in the park. We all want to have a side gig, you know, just in case we suddenly lose our main job. At least, it gives us a breathing space to pay bills and dues until we land a new job, relying on the side hustle for a while. But remember, it's not easy to do.

It takes a high level of discipline and consistency to maintain a good side job. There are loads of part-time gigs that may not be worth it because they're too demanding or maybe just too time-consuming.

Perhaps I can throw in a suggestion to opt for a side gig that's growth-oriented. That way, the longer you stick with it, the more your skills, business, or side job can grow along with you. And the best scenario would be having a business that becomes your main source of income, while your previous job, which used to be the main income, turns into a side hustle.  

The job was become the hardest part now, some peopke quit job and start the business for the self sufficient.But after joining the business, they know the real life.Because the huge investment will be the essential one for the business man.The same time business loss their job,So he can't able to back to the job.Instead,they can do business with some technology.So the loss percentage in the business will become the low one.The business man should not get into the habit of taking loan for the business,later he can't wait to see the business interest in the long run.

[MFahad]

The truth is not everyone can handle a business properly and sometimes during the process the person end up with loss and no profit so they will have to quit the process, have always love the idea of having multi source of income cause everyone seems to be competing, the idea of the op includes both the low salary eaners and high salary earner. Firstly any job that consumes time will pay high so every normal person will always have this mindset that nothing last forever so definetly he will leave the job some day, the best  idea is to build a source of income or rather invest the money for example real estate investment, bitcoin investment etc cause after retirement if anyone fail to lay a good foundation that person can't survive the economy, if anyone can't manage a business they're other means of earning money.

Everyone has their own thinking and ability so they decide accordingly. yes not everyone can do business, just like not everyone can do a job. I have seen many people who are doing different businesses and I have seen people who are doing two jobs. Everyone knows about a job that after a certain time he will not be able to do it, but about working for himself everyone knows that he can do it even in old age.

It is not necessary to do any physical work, if you have the ability, you can make the best investment for the future with your best ideas. A job that takes longer does not necessarily pay more. People who have talent can earn as much in an hour as other people earn in a day. It is important for everyone to have a good foundation before retirement, not after retirement, because after retirement you will be able to build on it. No one knows about life and death, but man must always plan for the future.

[Kasabus]

There are people that are okay to stay with their lifetime with their good bosses and that's why even if you tell them to inject ideas like this, they'll not try it. It's about the comfort and steadiness that they're getting from their bosses and company. But those that are unfortunate and can't find a good company and boss. They're the ones that are eager to find their fortune with having a business and that's why they're trying it out.

Just to give the idea, not all that try it on the first try becomes successful and that's a fair scenario for most who are trying it. But good to those that are doing well and getting the idea on how to do things on their adjustment periods and these are the people that are eager to try new things and they're not building up and taking care of someone's business but their business, owned and it can be inherited by their kids. That's one good thing with having your own business but even with all of those encouragement, not everyone will have the balls to do this.

Opportunities do not happen to everyone, hence we can't expect for equal opportunities to all. I believe a lot would really want to have a side business that they can get additional income aside from their day job, but their time and finances do not cooperate. Or they have all the time and money but they don't have sufficient knowledge and skills that will make their business or investment works. The reason why a lot still end up sticking to their first job and continue to work in order to produce consistent flow of income.

Lucky are those who were given good opprtunities to start a business for themselves, because they can be no longer work for others since they are the boss already of their own business. And most especially, their income will never be fixed anymore as they can have unlimited profits every now and then.

[Dewi Aries]

Getting a part-time job outside of your regular office hours is indeed diverse, but pulling it off is no walk in the park. We all want to have a side gig, you know, just in case we suddenly lose our main job. At least, it gives us a breathing space to pay bills and dues until we land a new job, relying on the side hustle for a while. But remember, it's not easy to do.

It takes a high level of discipline and consistency to maintain a good side job. There are loads of part-time gigs that may not be worth it because they're too demanding or maybe just too time-consuming.

Perhaps I can throw in a suggestion to opt for a side gig that's growth-oriented. That way, the longer you stick with it, the more your skills, business, or side job can grow along with you. And the best scenario would be having a business that becomes your main source of income, while your previous job, which used to be the main income, turns into a side hustle.  

The job was become the hardest part now, some peopke quit job and start the business for the self sufficient.But after joining the business, they know the real life.Because the huge investment will be the essential one for the business man.The same time business loss their job,So he can't able to back to the job.Instead,they can do business with some technology.So the loss percentage in the business will become the low one.The business man should not get into the habit of taking loan for the business,later he can't wait to see the business interest in the long run.

Pressure makes a person sometimes have to take shortcuts to get something bigger (income) which is of course to meet their living expenses, but sometimes it won't always go that smoothly, in any case nothing is easy, many people prefer to work and get a monthly salary as a reward for the sweat they have put into a company and some people choose to build a business with the aim of achieving success when the business can match their dreams someday. But sometimes like I said above that every choice is not the best and that's why there are always difficulties in doing it, so quitting a job and switching to a business doesn't mean it's the best choice to change everything especially financial strength.

All fields require sacrifice and there is nothing instant to achieve success, especially if you prefer business over work, which you yourself have to determine everything, if you have good management and planning in the business you choose then gradually your income is likely to grow but all that is not easy and only the process and sincerity can answer it. So I think it's better to consider again before you leave your job, look for many references from several sources about the business world.