Unless you have been holed up in an igloo the past 20 years
you must have heard the horror stories about people suddenly
losing their jobs without cause and without notice, and many
of them unable to replace their income. You must know that
many of the industries that created employment here in the
US have been moved to foreign countries where they can pay
almost nothing for labor.
It is actually the position or even company that is being
eliminated – so the position is not going to be available to
someone else in many cases. In spite of selling the
workforce down the river, the last recession has shown that
the businesses themselves can go bankrupt and consequently
go out of business. Bottom line is that many thousands of
new jobs that would be created, are not. No more taking it
for granted that you can always find another job.
This is hitting people at all skill and income levels and
stages in their careers (all ages). The last recession also
taught us investments are also vulnerable – many people lost
their life savings, their real estate etc. Rather than
retiring they are looking for part-time work as a result.
The point here being that we are vulnerable – more than ever
before – our very survival and ‘lifestyle’ is not
guaranteed. However you can take control of your finances by
starting a business where you can earn an income from home.
Ideally you could do this part-time while you still have a
job and start saving money for an emergency – and God
willing if that emergency never comes, you can always use it
for retirement or something fun like a vacation or for
something you always wanted but could never afford living
Although there are lots of things you can do at home to earn
money, the easiest, least expensive way to do things is
online. No matter what you decide to produce or sell, the
Internet is the best way to promote it. There is just no
comparison between virtual or online advertising vs.
printing and mailing costs for example, just to name one
aspect that is superior about Internet marketing. There is
no way that you can reach millions of people if you are
trying to call them on the phone either.
Not being a computer nerd is no excuse at all. There are
ready-made services, software applications, consultants, etc
that perform all of the technical tasks necessary. If you
would like to have total control then maybe you can take
some courses online from a community college (very
inexpensive) to learn some technical things if that would
make you more comfortable. The more you can do for yourself
the least expenses you will incur as well.
The important thing here is that you take action – commit
some time each week to researching ways you can take control
of your own financial situation by creating a way to earn an
income apart from your job or career – Best to start it
before you are desperate so that you can land on your feet
if something unexpected should happen.