September 5, 2009
Ideas For Surviving The Recession
Everyone and everything is hurting. The job market and economy are hurting. Investors in the stock market are hurting. We all know someone who has lost their job and maybe even their retirement in this market. Do not lose hope. Instead, trying changing your way of thinking. Instead of focusing on the problem, focus on the solution. If you are creative enough, you can come up with additional ways to make money.
You can sit on your hands like most people and complain your life away or eat barbeque beans and complain about not having money for pizza. This is the victim mindset and is not very helpful. You can complain and do nothing, or you can take action to discover new ways to make money.
Try not to think with a victim mindset. If you want to get through this as quickly as possible, you must develop a solution mindset.
Here is what the vast majority of Americans think when it comes to a money making plan: Go to college Land a good job Let your employer take care of retirement and health insurance for you and your family If things go bad you can always get on unemployment Find a better job when the economy improves
Now lets examine the reality of the issues at hand, you are a good career minded individual and are happy with your company, you want to stay for years. Things go south in the market place and what happens, unfortunately, you find out that, as the company lays people off and cuts benefits they were not really on board with your “stay for years plan”.
The company you worked for is having to adapt to the economy and down size. This is really the same thing you need to do, adapt. Getting on unemployment is fine but you do not want to take just any old job because it will make you miserable.
Have you heard of, what Robert Allen called, multiple streams of income? Successful people do not just rely on one stream of income. Multiple streams of income might mean money coming in from a day job, the stock market, and a home business. This way if one of your income streams go bad, your entire income does not just die off.
Today, you can apply this concept to any source of income that you would like, the main concept is, do not depend strictly on one income from one job. Maybe as a family, everyone could work together at different jobs, thinking of themselves as a diversified company. So in the evenings and other spare time, rather than watching cable, the company could create various divisions that would be responsible for income.
Here are a few basic ideas: doing landscaping for people, babysitting, dog sitting, house-sitting, refuse hauling service, a tutoring service, an Adsense blog, an affiliate sales program, and take pictures an uploading to a photograph sharing site where you get paid for everyone of your pictures that are purchased and downloaded.
Use your imagination; you will find several things that you are good at.
If you watch the spending, bring in a little more cash, and preserve a problem fixing perspective, you will make it through this recession.
I hope you can get the most out of these surviving this recession tips. Another source of income, if you own a home and can not sell it, is to rent out your house. Why let your home sit vacant when it could be an additional revenue stream from you? If you own property in California’s Central Valley, visit Fresno property management and Madera property management
Filed under Work From Home by Dick Johnson