Is Your Job Secure in This Recession, and What is the Solution?
With the recession affecting many people both in the UK and USA, there will be more and more people either looking for a job or at how stable theirs is. It can be a real eye opener when a person realizes that the days of a job for life are perhaps a thing of the past.
Even if you are still working maybe it is time to consider getting another source of income, it makes you feel a lot more secure. A few of my female friends have expressed a desire to downsize to part time or even replace their jobs completely. Allowing them to spend more time with their children and family generally, so change is not always a bad thing.
So why not access your actual job or former job, what was the pay, what was your outgoings getting to work, lunch and long have you spent getting to the position your in. Be as honest as you can be, but work out what your real take home pay was. This then gives you a figure to look at replacing or better still increasing on. You will have to access what your economic comfort zone is for you and your family, all taking part in it, because you will need your partners support I’m sure during a change.
Healthcare, travel and insurances will be significant expenses in your budget. It is for these reasons that you will need a reasonable, steady and reliable source of income to enable you maintain an enjoyable lifestyle during your retirement years.
So maybe that’s what you got to replace so check out the average affiliate sale is $35, it gives us a starting point. So work out what your real take home is after expenses and how many sales a day you will have to do to make that. It is not as many as you think, so why not look into an alternative way of earning a living. That gives you more time with your family or friends and lets you work your hours and from home, no commute.
Is $50,000 per year good enough for Joe? That is up to Joe to determine. More importantly, what is your FIN? I mean your Financial Independence Number? This is the magic number that will determine how good your retirement lifestyle will be.
Some debt is good e.g. house mortgage and education loan. Just make sure the interest rate is fixed and payments are affordable. Remember to shop around for the lowest interest rate and the shortest payback time.
Whatever you choose to do, whether a home based business or a new job and career, you must do it with all your might.
Peter Werth is a wealthy MLM Home Business Opportunity distributor. Visit his web-community for practical MLM Home Business Selection Advice today! Visit the Uber Article Directory to get a totally unique version of this article for reprint.
