Inflation and Income: Rethinking Financial Security in Modern Times

Nowadays we see that inflation is increasing very fast and in many countries, the inflation rate is more than 100%. This is a very serious problem, and we all must think seriously about it. Nowadays one source of income is not enough. We are seeing around us how both the husband and wife are earning and even then it sometimes becomes very difficult to manage the household expenses. And in this devoted and busy life, many people cannot take care of their children and some do not even want to have children because they do not have time to look after them. Many things are changing around us and money has become very important in everyone's life.

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It is not that everything becomes better by having money, but if you have money then things become easier for you and you can live your life a little more comfortably. If you do a job then your salary is fixed and your expenses are also fixed and nowadays it is not very right to depend on one job because nowadays jobs are also going very fast and people are not being given an ultimatum by the company at any time. If we are getting fired then we will have to do something to make ourselves financially secure. In such a situation, more than one income source will prove to be very helpful. It seems very easy to say all this but it becomes a little difficult to do it but nothing is impossible.

If you want, you can do anything. Along with your job, spend time in something that interests you or is according to your field of interest. Doing this will help you a lot in generating even a single penny of income. For example, imagine that you are doing a job and along with it, how would it be if you get a part-time job whenever you can, which you can do in your weekends or in your free time and from that you can also get an extra source of income. Yes, you will have to give some time for this because nothing is available for free, no matter what you are doing. If you are thinking that you are getting money for free, then it is an illusion. You will get something or the other. So you will have to do it for free money.

If you are in Hive then this is a very good place to generate passive income. There is a lot to do here, even if you play games, you can earn money even if you are a blogger, even if you are a video blogger. Still, you are an artist, and even if you are skilled in any work, there are a lot of opportunities for you here, you just need to give your time and you can generate a regular source of income here on Hive. If you come here once, then perhaps you will understand that there are many things from which you can earn and in some places, the returns are very good. If you have been here for some time, then you will be able to understand here.

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Multiple sources of income are very important these days because it eliminates your dependency on one job and also tempts you to do more. It may be possible that you are doing a job because it is your obligation. If you want to, you can do it, if you have multiple sources of income, if you are dependent on one job, it will be much more difficult to get out of your trap. And this is what is happening with most of us, we are stuck in this loophole and are not able to get out from there or should I say do not want to get out because if you want to get out then you can do so because nowadays there are a lot of opportunities.

There are many things available that you can do sitting at home through which you can generate a good passive source of income. I have talked to many online friends or you can say that I met them online and I was very happy to know that they do not do any job and also transfer money from many places online and through this they manage their expenses and this is very good. This is a good thing. Many people are still very young and it is very good to see that at such a young age they have come to know about all these things and in the coming few years they will do very well here. If they remain regular here.

“If you don’t find a way to make money while you sleep, you will work until you Die.” - Warren Buffett

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see you in the next post. Keep learning and keep exploring...

All the Images are Made Via Canva unless otherwise noted.

Translated via Google Translator, The content is original.

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Thanks a lot for staying till the end 😃🙏, Let me know what you think.

Never forget one thing you should be grateful for because someone has a dream of what you have. So learn to be grateful. Be Thankful.🙏😀

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