If you were to be laid off tomorrow, how would you make ends meet?
First I'll look out for another job for couple of weeks. If I'll get one, its good otherwise I may look out for some business options with whatever money I have after keeping some money to meet daily needs.
The best preparation for such an event is to have accumulated savings. Personal Finance Guru Dave Ramsey recommends saving 6 month's worth of expenses saved up, which is very wise counsel. The reality is that most people don't have anything close to this saved up.
It is also wise to give some thought as to which expenses are truly vital: meals out? Vacations? That new car you've had your eye on? Perhaps these can wait for better days.
Other bills are must-pay: electricity, groceries,rent. The consequences of not paying these are rather dire.
Get a part time job first, then apply to as many jobs as possible.
If you are tech savvy you might try and earn money online, but only do so after getting a job - Rome wasn't built in a day, and most online success stories take months if not years to materialise.
Freelancing on Odesk, Elance or craigslist. Selling stuff on ebay.
He who gave the job in the first instance knows when it will end. So, I look up to Him to bless the work of my hands as I will be on my own with Him by my side. Surely the ends must meet.
by DragonflyTreasure5 years ago
How and What are You Doing to Make Ends Meet in These Troubled Times?We've all cut back to the basics. I'm looking for other creative ways to make ends meet.
by soquel8 years ago
I can not makes ends meet, I am so depressed .we have to take a furlough day each month ..ouch !! recently seperated trying to make the best for my two sons but it is very hard....I am soooooooo sad..
by S K G Rao.8 years ago
Will you meet my Hotel Expenses if I come to SF and stay for 30 days.I like to visit SF and see everything around SF up to 30 Miles around with my wife.We are Senior Citizens.
by Ytslemp4 years ago
If you could do any thing with no expenses or consequences what would it be?
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