Why Read Our Personal Finance Blog?
For tens of thousands of Americans preparing to retire, the recession has permanently changed their lives. Many suffered job losses, went through their entire savings, lost their homes or at least a portion of their net worth that they may never see again. Our economic times are still a matter of survival. According to AARP, there are more than 2 million people over 55 that are out of work. “25% of 50-plus adults exhausted their savings between 2007 and 2010.”
So what is the solution? How can you outsmart the future? By strategic planning and doing things that are within your power. No longer is it a good idea to rely on lengthy employment. You will need to have some backup plans. At least you should be thinking about them. Luckily with the rapid advancements made in technology, alternative ways of earning money are available to those who want to put forth the effort and try. Information is all around you just waiting for you to absorb it and transform your lives. Look into starting your own business with low overhead and little out of pocket investment.
Starting A Business
Business ideas are really everywhere you look, but to get started you might consider tapping into your local community resources. Consulting is available to those who seek to start their own businesses. If you need some inspiring examples of people who started their own businesses and became successful, be sure to read our entrepreneur posts. You’ll find many ambitious people who discovered solutions to problems that no one else had solved.
Find Extra Sources of Work
3,244 new jobs have been posted in 24 hours on ODesk.com. See if you have the skills to do some of these jobs. Or, if you need help with your own business, consider hiring help from all over the world. Many great workers can be hired on ODesk and can work at prices you can afford.
ODesk is a website that will provide you with all kinds of workers that can help you get your business started. You hire people from ODesk to do a job that you can’t do. If you need programming, graphic design, or other web products, this is the place to hire good workers.
Find out how to get help managing your money by reading some of our suggestions and stories. Everyone has had difficult times in their lives. See how other people solved their problems.
Managing the money you do have is something you can control. You can use Mint to manage your budget. For small business owners, we recommend using Quickbooks. One of the easiest ways to manage your money is to use a software program that will help your business succeed. There are many software programs out there. Just be sure to use one.
Read and contribute to our personal finance blog and watch your net worth grow.