There is no such thing as a secure job. Really, there isn’t. Anyone can be laid off at any time for whatever reason.
Having your own company and being your own boss might not be a sure thing either. You could lose a big client and all of a sudden your whole business is tilting.
So what can you do?
You can get yourself multiple sources of income. This way you are not solely dependant on one stream of income and hence you become less vulnerable if one of them runs dry.
So how do you accomplish that? Well, sit down and think for a minute.
What skills do you have? Is there something that you can do that people would be willing to pay for?
What interests do you have? Is there something that you could turn into a skill that might generate income?
Do you have spare rooms in your house that you don’t use most of the time? Try renting them out.
There are a number of things you can do if you just do some soul searching. Every one of them doesn’t have to sustain you, but together they can contribute to your daily income. And you don’t need to panic as much when your boss says that she has to let you go.
You can also learn to live on less. Most people in the Western world spend way too much money on completely unnecessary things. We buy things all the time. Things, things, things. We clutter our houses with things.
Even if we have a ton of candle holders in our household, we buy another one. Even when the closet is overflowing with dresses, we buy another one. Because at that moment, we really want that exact candle holder with the golden reindeer. Because at that moment, we really need that red dress with the pretty buttons. At that moment.
If you would have waited until that moment had passed, you might have found that you didn’t really need another candle holder or a new dress. If you make more deliberate choices about what to buy or not, you’re likely to spend less. If you spend less, you don’t have to earn as much. Simple maths. Try it.
If you are that kind of person who does have to change your wardrobe now and then, try selling your used clothes second hand instead of just throwing them away. That way you can finance part of your new purchases. Or perhaps buy clothes second hand? It takes a little more effort to find clothes that you want and that fits you, but you can find more one of a kind items.
”What we have to decide, once we’re ok, once we’re not living on $3 per day, once we have a roof, once we have health care. We have to decide: How much more money and what am I gonna trade for it? Because we always trade something for it.”
– Seth Godin
We all have to decide what it’s worth. What’s it worth to you?
Becoming who you are. Living the life you want to live.
Maybe you don’t want to spend too much money renovating your house. Maybe you want to travel instead. Maybe you don’t want to own a house in the first place. Maybe you want to rent or buy a mobile home and live on the road.
You have to decide what works for you. No one else can make that decision for you. Although some people will gladly share their opinions on how you should live your life, you can choose not to listen to them and forge your own path.
Now is the time to take charge of your financial success. Having or wanting money is nothing to be ashamed of. For some reason, our society has some sort of stigma around this. That it’s bad to want money. We have to overcome that ridiculous notion and start talking about money and ways to earn and grow them.
Make a specific plan for how much money you need to make and how you’re going to earn it. Get creative. Step outside your comfort zone. Identify your multiple ways to make money and start working on setting them up. Don’t sit around waiting for your turn. You have to create the life you want on your own. Now get started!