Money Talk Daily

Posts Tagged ‘layoffs’

Do you know where this economy is going to be six months from now? I’m not so sure either. I just saw a headline that discussed how retail sales continue to bounce along near the bottom of their recent levels. That’s not encouraging.

What can be encouraging, though – at least it has been for me – is to have stream of income that has nothing to do with your “day job.” This is my 25th year of self-employment. It sure hasn’t always been easy – but it has been nice to take charge of my future and dodge the layoffs and financial crises many of my friends have lived-through.

Maybe you’re not ready to go totally self-employed – and that’s okay. But you might really want to look at hooking up to and extra stream of income that you control.

It might be the best “recession insurance” you ever get.

Craig