It is always best somehow to anticipate the unexpected and be prepared. Unfortunately it is hardly ever possible to know when something is just around the corner. While we always hope for the best something terrible can happen like losing our job and our main source of income unexpectedly. That is not the time to start a business unless we have saved money and have severance pay, savings and/or unemployment insurance. Job or not, living expenses march on.
Unless you have money to live on for a while, you need to focus on getting a job rather than to speculate on starting a business online just yet. Depending on many factors, nobody knows how long it will take to develop a steady income from your own business. While it is much less expensive to start a business on the Internet than it is offline, it is going to take some time and effort, and possibly some money to make it faster and easier.
One thing you don’t want to be is desperate, which you may be if you are unprepared for this major life change of losing your job suddenly. When people are desperate that is when they are most vulnerable and can make bad decisions. They are not thinking clearly and are emotional, afraid, etc. So being prepared for the unexpected as much as you can is a real good idea. That would mean taking some action ahead of time when there are no catastrophes looming.
Even if you do not have emergency recovery resources in place, it is much smarter to try to find a part-time job FIRST so that you have some income while you are building your home business. If you can start this while you STILL have unemployment benefits you can report your income and this will result in your benefits being extended.
You can at least think this through and ideally also start saving some money right now. If nothing happens you can just keep saving that money; or pay some bills to save the expense of interest. You will also be surprised what a little peace of mind is worth in this regard. It is always best to be prepared. Having extra money socked away is a good way.
You may think you are young and you may be – you may have plenty of time before you even think you need to be concerned about awful words like retirement or pension. However you would be very surprised because many things can happen in your life that may derail your perfect plans. You should start as early as possible to be concerned about these issues due to that fact. Never have a cavalier attitude about anything as you may regret it.
For a sickening example, let’s consider the last recession. We are talking about people who started working in their 20’s and started accruing pension and various retirement investments. They may have also acquired real estate as part of this portfolio. They had a good plan and they were faithful to themselves in contributing to a good result. Set for life, right?
It doesn’t hurt to note here that these people are in the minority. Most people are not nearly as prepared for one reason or another so it may be even worse for them. It just may add a little drama to the already very sad tale. So by the 2008 recession these folks are getting to be around their 60s or close to it and nearing what would have been projected as ‘retirement’ age in a less cruel world.
We won’t accuse anyone or delve into the various causes of the recession – let it just suffice to say it wasn’t caused by the people in our story. They are the victims. Somehow suddenly about half their retirement savings are gone,if not entirely. So now rather than planning on their retirement and looking forward to some sort of ‘reward’ for working all their lives, they are looking for part-time work for seniors.
At this point in their lives it is rather late to start over and/or to ever dream of any sort of meaningful recovery. It’s criminal and it is just so very tragic. The worst part is there is no retribution except in the most extreme cases of outright fraud. The point here is that you should start young to save money. Don’t put it all in your employment benefits accounts, although it would be good to also contribute to those since they usually match by double. Keep an account separate from everything else.
If you have any spare time try to earn extra money; (and you know all that web surfing and social networking is fun and all but really does nothing for our bottom line) – unless we can somehow work it into helping us to promote an online business. Since it is spare time and spare change at this point we should just forget about any income from it. Just let it accrue and keep generating by being engaged as much as possible to make it work on the side. You will be surprised ‘at the end of the day’ where you have this nice little chunk of money to help you get by.
There are millions of people all around the world that are working hard to find ways to earn money online for free and, the truth is, it is very simple. Anyone can make money online for free by taking surveys, writing, blogging, and even placing items on a live auction. Once you get started in any of these work areas and earn your first dollar, you will find yourself wanting to make more money. Earning money online while working from home provides you with a variety of opportunities to you and your family.
Blogging is a very popular way to earn money online. There are no rules when it comes to blogging, you can write about celebrities, movies, music, hobbies, pets and hundreds of more interesting topics. The key to blogging is to have an interestingtitle and great catch lines. Many blogging sites use the pay per click technique where every time an individual clicks on an ad on the blog, you earn a certain amount of money for that view.
This can seem frustrating and slow at first, but after learning the ropes you will find yourself with a lot more visitors and potential clicks. Freelance writing is an excellent money making opportunity online. A variety of these sites require you to provide them with a test article to prove to them that you have the skills it takes to write for them and their clients. Once your test article is accepted, you are able to enter the site and chosse from a large variety of subjects to write about.
Freelancing is a great career for mothers, home bodies, and even those who have retired, but want to make a little extra cash. Live auctions are fast paced, competitive, and extremely fun.
For individuals who make crafts or other items, this is your chance to make money fast by selling them in a live auction. When you place your item up for bidding, you will have to set a deadline for the bid to end and add a variety of photos for the bidders to view. The bidders will then bid on the products and the highest bidder wins.
For anyone interested in blogging, auctions or freelance writing, these opportunities are free to start and offer a great way to earn money online. By selecting any one of these careers, you are allowing yourself to work comfortably from your home and make as much money as you desire. Once you start working online, you will never want to go back to your old job.