If you lost your job tomorrow and couldn't find work for two months, six months or even a year would you have enough money to survive?

If you lost your job tomorrow and couldn't find work for two months, six months or even a year would you have enough money to survive?

If you're like most people today, your work probably prevents you from enjoying a balanced life. Perhaps your job pays so little that you can't make ends meet. Perhaps it's so demanding that there simply isn't enough time and energy left over for family and friends. Perhaps you face both of these dilemmas. And how safe do you feel at your job anyway? If you picked up the newspaper or turned on the nightly news lately, You know that unemployment is a constant threat. Entire industries are downsizing. Pension plans and other benefits are being reduced or even eliminated, is a constant threat. Job stability is no longer something you can count on. Have you never thought of starting your own online business? Have you ever thought of becoming an affiliate and start working from home???

You Are Not Immune

Think about it, If you lost your job tomorrow and couldn't find work for two months, six months or even a year would you have enough money to survive? Studies show that over a course of your career, you will be laid off or downsized more than once. And if you run out of money in a slow economy, it will have damaging effects not only on your ability to deal with your financial obligations, but it can wreak havoc on your emotional well being.

Even if you think you're safe at your job, you may not be. It doesn't matter who you are or what you do; today's rules can change - everyone is affected in some way or another. And if you work for someone else, you're even less secure. Think about it: How many stories have you heard about people who have lost their job to a novice just out of college? The grim reality is if your employer can find someone who can do your job for less money, most likely you will soon be out of a job.
So how do you go about protecting yourself from becoming the next victim of a layoff?? Simply put, you need a second stream of income. Easier said than done, But the good news is that you do have some options.

Option1: Get a Second Job
For starters, you could go out and get a second job. But chances are you won't even make enough money to pay for the additional child care, let alone pay for the gas it will take to your new job. That's if you can even find one.

Option 2: Sit Back and Do Nothing
You should be able to relax and rely on the 401(k) plan Or your RRSP's you been contributing to. But have you checked it lately? While an important foundation for your retirement, it's in the stock market, and when the market goes down, your money goes down with it.

Option 3: Start your own business today

According to the bureau of labor statistics, there are currently more that 18 million home based business in the united States, Generating and estimated $527 Billion a year in revenue. What's even more impressive is that one out every ten adults in the United States is involved in some way with a home based business. Also Home-Based business owners work, on average 26 to 35 hours per week nearly 10 hours less than non home based business....
If you have a little know how and can build a mini website It is not complicated to build Affiliate Shop. Affiliate programs have abundance of products from different partners. To find an affiliate program right for you just type in affiliate programs in your search box and you will get hundreds of programs just waiting for you to sign up. When you sign up as an affiliate you can then browse through different sellers and products. You can get a lot of inspiration what kind of shop you can build.