According to a survey done by the Bankrate survey team in Early February to March, it states that one in five American adults has nothing saved for retirement or emergencies.
A further 20 percent have saved away only 5 percent or less of their annual income to meet certain financial goals. Less than a third of all Americans have saved at least 11 percent or more.
In today’s world, the financial situation or should I sal the lack of finances are causing a large percent of the population a lot of financial stress, people are preoccupied with the thought of how to cope with the financial situation in order make ends meet
According to market watch and published by MSN money a study done by the NORC at the University of Chicago, an independent social research institution, found that 51% of working adults in the United States would need to access savings to cover necessities if they missed more than one paycheck.
They found that certain communities were more prone to economic hardship and missing a paycheck would be devastating to them as they would be unable to cover basic living expenses after missing more than one paycheck, this situation is mostly found in households where the annual income was $30.000 annually or less.
It was also suggested that many of these persons of these households would be rendered homeless in the event of missing a paycheck.
Stressed about finances
We know the effects of financial stress on our lives, we can agree that it affects you in some way,
financial stress can affect you both physically and mentally are you constantly consumed with how much money you have (or don’t) and how you’re going to keep a roof over your head, get to work, and possibly feed your family.
This type of thinking could certainly develop one of several stress-related health conditions.which could lead to serious, sometimes life-threatening illnesses.
Prepared for a financial crisis
What is the financial crisis? According to the business dictionary, a financial crisis is A situation in which the supply of money is outpaced by the demand for money. In other words, some unforeseen financial expense occurs and all the money available is eaten up by that unexpected event.
This unexpected event could be anything it could be The loss of, a job or overtime reduction, medical bills. or any unforeseen event.
It doesn’t matter how careful we are with our finances an unexpected expense could be all it takes to send you into financial duress, especially if you’re not prepared to cope with it.
Strategies you can take
In times of financial crisis, there are certain fixes you can take for instance you can create a budget
Create a budget
You may feel overwhelmed with the lack of funds to think that creating a budget, you will probably it is only going to add to your financial stress, but it is the best tool you have to get control of your finances and stop worrying about money.
A budget allows you to decide when and how you are going to spend the money you have, This spending plan makes sure you cover your immediate expenses, while still working towards overcoming you unforeseen expense (cause of the crisis)
Borrow from someone
This is another option you could use, you could borrow from a family member or a good friend or as a last resort if you are qualified you could get a loan from an institution.,
I personally do not like this option because you will have to pay interest on the money you borrow and sometimes if we are not careful we find ourselves in the worst situation so borrowing from an institution should only be done as a last resort.
Of course, we should also do our very best never to get ourselves in this situation ever again in order for us to accomplish this we need to change our lifestyle.
Change your lifestyle
Changing one’s lifestyle can be hard at first, but it is a necessary step we have to take to make our lives less stressful.
Create a budget and stick to it, the first few months of planning and sticking to it are the most challenging part, but once you understand and see the improvements in your money management and the more you do it the less time it will take you to do, you will be able to reduce the amount of time you spend on it, and the stress level will also be reduced.
Your budget will give you the feeling of control that you need to have over your finances. Start with just one months’ worth of expenses and then go from there, tracking spending and cutting back in different areas each month until you find the perfect balance.
The next thing you need to do is to create an emergency fund, this is really necessary, in this way there will be some extra cash in case of a crisis.
Create an emergency fund
Creating an emergency fund may not be easy at first, especially if you are struggling to make ends meet each month. Start by putting a small amount, in the bank from each paycheck, and any leftover money you have in your other spending categories at the end of the month so that you can build up your emergency fund.
You may also consider selling any unused items around the house, or get a side job or you can start your own business.
You can start your very own online business for free, this way you can work from home, With an online business there is the potential of not only extra cash but in time this business can increase your income level that you can quit your day job
There is also the possibility that your business will become a passive income earner, I am suggesting the business of online marketing.
Online marketing is by far one of the better ways to earn an income online, one of the cons to online marketing is it does not generate an income overnight, it takes time.
I am an online marketer and the platform I am a part of is Wealthy Affiliate, this platform is one that provides everything you will need to build, grow, and maintain a successful business.
Wealthy Affiliate has been around for quite a while, over thirteen years the company has an A+ rating with the BBB and we have members from almost every part of the globe.
At Wealthy Affiliate, you will be given step by step instructions in everything that is needed to create your very own business and you can become a member for free.
With a free membership, you will go through phase 1 a 12 lesson series of the online entrepreneur course and after these lessons, your beautiful website will be up and running and ready for business.
There is also the premium membership which will take you further in the knowledge and skills of affiliate marketing.
I think it would be wise to upgrade to a premium membership because of the amount of information and tools that are available with the premium membership. which I think increases your success rate.
Please remember the free membership has no expiration date, so you can take as long as necessary to complete phase 1 of the entrepreneur class, go at your own pace, have a look around, and meet members of our awesome community.
Just in case you are thinking it is too hard or you are too old or you are not familiar with the computer technology stuff, please forget that.
The training videos are expertly done and if you are still not understanding, just ask, there is always someone to assist you.
And you can join for free there is no contract, no information is asked for but your name and email address, so you have absolutely nothing to lose.
Final thoughts
I know almost everyone is having some kind of financial problems, and in most cases, we need more money to enable us to live more comfortably, take a vacation, buy a car, pay off a debt or save for retirement.
I have tried to share the benefits of starting your own online business, success will not come overnight because with the online business you have to build an audience and establish that you are trustworthy and this takes time, how much time? For everyone it’s different,
To be successful you need to be patient, consistent, determined, and work hard, success is no impossible it is very doable and you can do it if I can so can you.
Here is a link to just 1 of our successful members.
Should you decide to become a member just click on any of the links in this post and I will be in touch with you, I will be there for you, to help you along.
Hoping to see you on the Wealthy Affiliate platform
Thank you for stopping by I do hope you found this article helpful to you in some way please remember to like and share, and should you have a comment or a question please leave it in the space provided and I will respond ASAP
NOTE: This post includes affiliate links, which, if clicked on and a product purchased, I get a small commission (with no increase in cost to you).
The answer to the question is a definite yes, you can. Affiliate marketing is considered to be one of the world’s fastest-growing and best internet marketing techniques to earn money online.
It is very Cost-effective there is little or no cost to start and maintain an online marketing business,
There is no cost in producing a product and the products you will be recommending is ready and waiting to be sold by the merchant.
To start any business is not easy, your success will not come overnight, it’s going to take a lot of extra effort, disappointments, and maybe thoughts of giving up. But as the saying goes Rome was not built in a day.
And because of this, it is very important to have a passion for the business you are building
If you have a passion for something – you’re going to be committed. And if you’re committed, you want to do everything surrounding that passion to make it great.
Are you tired of the daily grind of going to a job that holds no satisfaction for you and you? Can hardly make ends meet? would you like to have your own business, be your own boss, no more traveling through the traffic for a regular job, you can have the freedom to set your own schedule? This is a good reason to look into starting an affiliate marketing business
As we grow older and I think most of us are in the position where our retirement has become a period when our income and savings are not adequately meeting our daily needs,
Some of us are driven to the point where a decision has to be made whether to buy food for medication, the thought of taking a vacation for some of us is completely out of the picture.
And to find a job if you’re already retired at our age 65-75 and beyond is not easy, I know the situation quite well as I was there myself.
And the thought of going to a 9-5 job traveling through traffic is not at all appealing but thanks to the internet it is possible to find online income opportunities for us seniors I found a few myself until I found the one I am currently settled in affiliate marketing
Some of the jobs I have tried myself is customer service which involves taking calls from customers for a call center company but for this, you will need to upgrade your computer and if you have a shared wifi system you will have to get a service for you alone as usually ethernet is used instead of the internet and a headphone for taking and answering calls.
This job did not work out for me I found out that there are some very rude people out there and my assignment was to get people who wanted to cancel their service to keep it.
Another thing I did was to take surveys. In taking surveys you first have to take a survey in order for the company to see how you can be used for their benefit.
Then you may have to take several surveys consisting of many different services and or products.
They are trying to find the right fit for you, the most frustrating thing in taking is in the middle of taking a survey sometimes 15 minutes into the survey a banner comes up and it says you are not qualified to complete this survey.
So of course, another questioner comes up to try to determine your qualifications for another survey. And the same thing can occur again it was definitely not for me and the income from taking surveys was very small just change for your purse.
This brings me to affiliate marketing, according to Google dictionary affiliate marketing is a marketing arrangement by which an online retailer pays a commission to an external website for traffic or sales generated from its referrals
.
What this means you will have a website and you will choose what your website is about (your niche) write a blog and apply to companies that have products pertaining to your blog. advertise their products and get a commission whenever something is purchased from you your link
Just in case you are thinking you don’t know how or you have no technical knowledge or you are too old to try something new, forget it, a favorite quote of mine is Whatever the mind of man can conceive and believe, it can achieve.” – Napoleon Hill this is something that I truly believe and I have this quote in quite a few of my posts
I am a boomer myself in my mid 70’s and I am doing it so can anyone.
The platform that I am apart of is Wealthy Affiliate and they will teach you the ins and outs of affiliate marketing.
You can become a member of Wealthy Affiliate for free, and as a free member you get 2 websites plus themes to choose for your websites, phase 1 of the Online Entrepreneur Course which comprises of 12 lessons these lessons are done by the very best instructor, and at the end of the 12 lessons you will have your website up and ready for business
There is another tier in our membership that is the premium, this level is not free but if you are really serious in building an online business I would suggest you upgrade to the premium,
There is so much more information and tools that are made available to you which will further enable you to succeed in your online business.
The good thing about affiliate marketing is there are many possibilities of earning not only from promoting merchants goods but you can also promote yourself you can sell things for yourself you can write ebooks and have them self publish on Amazon or if you have knowledge of fixing things you can have a website along with a youtube video demonstrating how to build or fix things
There is a wide variety of things that can be done if you have a website and by becoming a member of Wealthy Affiliate these possibilities will be opened to you
Wealthy Affiliate has been around for more than 13 years and has membership from 193 countries, there is an ongoing upgrade at Wealthy Affiliate so there is always fresh and updated information and tools available.
The community of Wealthy Affiliate which in my opinion is one of the greatest assets of the company
The community consist of a group of people that are extremely helpful and are ready to assist you in any way they can to help you in achieving your goal
The technical support crew is one of the best and they are available 24/7 always courteous and prompt.and you can join for free.
There is money to be made in affiliate marketing I am in no way saying it is a get the rich quick opportunity, it is an opportunity to make a good income that you will be able to earn a livable income and can also be a source of a passive income
Do not let the fear of the unknown keep you from starting your own online business, it kept me away for a long time but I am so thankful I found this platform
At least give it a try you will not know unless you give it a try, it is free you have nothing to lose, if you try and you decide affiliate marketing is not for you, you would have lost nothing.
You can sign up for a free membership by clicking on any of the links in this post I will then contact you and be your mentor, looking forward to meeting you on the Wealthy Affiliate platform.
Thank you for taking the time to read my post it is really appreciated and remember to like and share this post and if you have a question or comment please leave it in the space provided and I will reply
NOTE: This post includes affiliate links, which, if clicked on and a product purchased, I get a small commission (with no increase in cost to you).
There are some people who are wondering if it is at all possible to make a full-time living working from home online. Well I am here to tell you that is indeed possible
As I have stated in another post there are several ways to make money online but for those who are still skeptical let me tell you it is a definite yes
I know that some of us have had our dreams crushed and our trust in online businesses lost but there are the genuine business that offers a legitimate way of making money online
This is my review of Swagbucks, is this company legitimate, can you make a decent income from Swagbucks or is it a complete waste of time,
Before we get into the money-making aspect of Swagbucks here is a look at the company behind Swagbucks
The Owners of Swagbucks
Swagbucks.com is a U.S.-based company that was founded in 2005. It’s owned by Prodege, which also operates the popular site MyPoints.
According to their information on the company’s website Prodege, LLC an internet and media company is comprised of three consumer engagement platforms: Swagbucks, MyPoints, and ShopAtHome, which deliver engaging content to more than 60 million members.
Prodege LLC has an A- rating and 4 stars from the Better Business Bureau,
Sign up and complete your profile that is worth $10.00 there are some rules that go along with the $10.00, you have to spend at least $25 at a featured store in Swagbucks within 30 days of signing up. So you need to spend $25.00 to get 10.00
2. Watch Videos
These videos will be broken down in different categories, like News & Politics You will also see that most videos are in a playlist and you will have to watch all to earn your Swagbucks.
It also shows the amount of time these videos will take and how much you will earn. You will earn approximately $2.13 per hour, there are some who just allow the video to run while doing something else.
3. Take Surveys
You can take surveys this is one of the better-paying activity on Swagbucks it works out to be about 2.50 to 3.00 per hour and that is if you are qualified for all the surveys you are given
You can participate in daily task and earn some money, the task is on the side menu in your account
Most of these tasks are simple and you do not have to complete all of them.
There are quite a few other ways to earn money on Swagbucks but you should be careful some of these things you will have to spend money before you can earn money
Swagbucks codes are codes that Swagbucks published online these codes are published randomly.
They are usually on their social media accounts or in the blog.you will need to have the Swagbucks Toolbar/Extension and the mobile app (with notifications enabled)The Swagbucks.com toolbar is compatible with the following Internet browsers:
Microsoft Internet Explorer versions 6 and above on Windows Vista, XP, and 2000 operating systems
Mozilla Firefox versions 1 and above, including beta versions, on Windows (Vista, XP, and 2000), Mac, and Linux operating systems
Safari all versions except 4.0.3
Once you have the Swagbucks Toolbar you will be notified when a new Swagbucks Code is published and where to find it at.
Then all you need to do is to find it and copy and paste it into the form and redeem it.
Swagbucks Mobile App is another way you can earn money while away from your computer is a way to earn Swagbucks every day while on the go.
You can earn some Swagbucks on your lunch break on sitting on the bus or waiting for an appointment, you can answer polls or look for deals.
Swagbucks Shopping
You are given Swagbucks for every dollar you spend when you shop through the swag bucks portal.
So if you are a shopper or just need to do some shopping this would be a good idea to earn some extra cash of course not everything is available, so you will have to what is available through the Swagbucks shopping portal.
Swagbucks company paid out $175,000,000 in cash back so can you make money joining Swagbucks yes you definitely can, so Swagbucks is no scam it is legitimate, however, you will not be able to earn enough for a livable income I think you may be able to earn $20- 30 per month and if that is ok for you then its Ok. you can sign up.
But if you would like to start a business for yourself online, where you will be able to earn an active income that can eventually become a passive income I would like to suggest to you affiliate marketing
With affiliate marketing you can earn 4 figures and up per month from your home or anywhere you only need a computer and access to wifi, it will not be easy as taking surveys or watching videos but it will be much more rewarding.
Thank you for reading this post for comments and questions please leave them in the place provided and the end of this post and a like and share of this post would be much appreciated
NOTE: This post includes affiliate links, which, if clicked on and a product purchased, I get a small commission (with no increase in cost to you).
There are many ways to make money online and one of them is to take surveys, in today’s post I will be looking at MY digital Surveys which used to be MY Survey.
I had joined up with MY survey but had to stop doing surveys as I thought it was not worth my time but I received an invitation to become a member for my digital survey with the promise of earning &400; so I decided to check it out.
Can you make good money with affiliate marketing?
