The presidential election is over, I can tell you now. President-elect Donald Trump will not save you. You will need more income. Senator Hillary Clinton can’t save your finances either. The fact is that the middle class is dead. The dream of finding a good job, buying a house, owning a car, saving for retirement and growing a green pasture is an illusion.
Don’t believe me to view all fast food jobs, security and customer service jobs. There is no shortage of jobs. If you are willing to work for a minimum wage or higher, then work is everywhere. Since the last recession, the unemployment rate has been falling every year. Americans are scared because they live on salary. They are heavily in debt. One setback, they may be destroyed financially.
Don’t think that the middle class is dead. Will the next POTUS revive the middle class? Oops, it has been down for more than 30 years. Think about it. If you make $100,000 in Los Angeles, New York, San Francisco or Chicago, you are struggling. Especially if you are burdened with student loans, mortgages and huge credit card debts.
Go to work, get paid, and then Barley earns the next salary. Then use a credit card, payday loan or home equity line to bridge the gap until you get paid again. That is the journey of bankruptcy. Today, a vicious circle has swept through most American families. People did not move forward. You can blame the economy, greedy companies or bad trade transactions. In the final analysis, why you went bankrupt is because of you.
Unless you generate more income, the debt cycle and sufficient funds will not be able to reproduce. Income is the foundation of financial security. This is where people fail. They will not generate more income. Making sure to cut expenses and having a monthly cash flow plan can help your finances. However, unless you increase your income line, you will always be struggling.
The fastest way to generate more income is to find a second job. Yes, depending on where you live, there will be some job opportunities here. Pizza delivery, security guards, fast food restaurant workers and other minimum wage opportunities. I am not talking about creating a new career, but about finding a second job.
Finding a second job is the easiest thing to change your financial future. No, it is not permanent. This is direct income, and when you handle the money correctly, you may be financially protected within a few years. This requires work and discipline. Now, if your family obligations prevent you from finding a second job, you must find other ways to generate income.
Sell your nonsense
Yes, I call it nonsense. If you have to pay a monthly storage fee, you cannot park your car in the garage (the garage is for your car and does not accumulate things), or you will still trip over the contents of the house after cleaning. Then you need to sell that crap. Hold a yard sale. Get rid of it and create some cash. Put it on eBay or other websites. Clean the knives and grease the wallet.
With Uber and Lyft, you can easily cope. Keep your full-time job and do the work of these independent contractors aside. Choose your own time. Do your best. Don’t like driving? Find some flexible ways to increase the bottom line.
This is the most difficult way to increase income. However, if you succeed, it will create wealth. If you are not attracted by the entrepreneurial spirit, find another job. Can you turn your hobby into an empire? Maybe? Understand that to generate more revenue in your business, you need to sell. Sales is the lifeblood of all businesses. There is no success without sales.
Generate more income
I will give you several ways to make money. Develop short-term and long-term plans. The middle class is dead. Your financial future is in your hands. More sources of income will help you survive the middle-class crisis.