Category: Starting a Business

Lost Your Income? How to Make a Living From Home and Replace Your Income

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If you lost your income due to the pandemic or for any other reason, you can apply for income replacement programs and other financial assistance. In addition, you can make a living from home to replace your income. Read onā€¦

How to Make a Living From Home and Replace Your Income

To avoid getting discouraged when you’re starting to make a living from home, itā€™s extremely important for you to focus on earning actual SPENDABLE money as quickly as possible. You need to focus on the FASTEST path to fast cash.

Millions of Americans have lost their jobs as businesses are forced to close their doors due to the COVID-19 pandemic. The worst may be yet to come.

Before the coronavirus outbreak, millions of families were already struggling financiallyā€¦

Most families drowning in debt or barely surviving financially donā€™t have emergency cash reserves.

For people living paycheck-to-paycheck, even a small unexpected emergency could snowball into a big financial disaster for their families. They were always stressed out and worried that they were just one paycheck away from homelessness and losing everything.

Now, the situation just got worseā€¦

It is a very scary time for millions of American and workers all over the worldā€¦ living on the edge of financial disaster.

If youā€™re dealing with losing your job and your income during the pandemic, itā€™s crucial that you act quickly to replace as much of your income as you can.

Each day that passes without earning any money puts you and your family in greater risk of financial ruin.

At this time, itā€™s not known how long it will take for the economy to turn around. The pandemic may lead to more financial hardship for millions of people in the months ahead.

The steps you take now can help reduce your stress and help you survive financiallyā€¦

You Can Get Help to Replace Your Income and Deal With Financial Hardships

  • You can apply for the Pandemic Unemployment Compensation. It is intended to provide full wage replacement for the average worker in the United States.

The Coronavirus Aid, Relief and Economic Security Act (CARES Act) was signed into law on March 27, 2020.

The CARES Act generally provides for Pandemic Unemployment Assistance to individuals who are unemployed, partially unemployed or unable to work due to COVID-19ā€¦ and are not otherwise eligible for unemployment benefits.

Self-employed people, gig workers, independent contractors and other workers who are typically excluded from unemployment insurance coverage are eligible for Pandemic Unemployment Assistance.

Learn more here and here.

  • You can apply for income replacement programs available for your specific situation. Learn more here.

If you lost your income due to job loss or reduction of hours, there are other ways to supplement or replace your lost wagesā€¦

Finding a Job During the Pandemic and Workplace Safety

The COVID-19 pandemic is affecting every industry. Hiring has slowed or even stopped in many companies.

However, some companies are still hiring during the pandemic.

  • Landing a remote job can be challenging, but it can allow social distancing. It can offer a part-time or even a full-time long-term job. Learn more here.
  • WalmartĀ is hiring 150,000 new employees around the country.
  • Target is looking to hire thousands to beef up their online division.
  • Amazon plans to hire 100,000 new employees. Just announced on April 13, 2020: 75,000 additional workers are needed.
  • CVS wants to add 50,000 more jobs.
  • With the spike in e-commerce activity, delivery services need plenty of help. FedExĀ has over 3,000 jobs posted and UPSĀ currently advertises nearly 2,000 jobs.
  • Instacart plans to hire 300,000 more workers as demand surges for grocery deliveries.

Most people are afraid to get a job with any company that requires them to have contact with lots of people and may potentially expose them to the novel coronavirus.

Workplace Safety

The U.S. Department of Labor has resources to help workers and employers deal with the COVID-19 virus (also known as novel coronavirus).

The Occupational Safety and Health Administration (OSHA) has resources developed in collaboration with the U.S. Department of Health and Human Services to help employers and workers respond to coronavirus in the workplace.

Learn more here.

 

Itā€™s totally understandable if youā€™re not ready to get a job right now.

If you are concerned about your safety at work during the pandemic, then making a living from home may be an option for you.

Itā€™s important to be realisticā€¦

The potential rewards are great, but itā€™s not easy to start a business or become self-employed.

If you want to start your entrepreneurial journey, the links (provided above) for income replacement and other ways to deal with financial hardships will also be useful for youā€¦

How to Make a Living From Home and Replace Your Income

Becoming self-employed and making a living from home have psychological and health as well as financial benefits.

Having a job is no longer as secure as it used to be…

Even before the coronavirus pandemic, it was not uncommon for many employees lose their job or have their work hours reduced due to changes in the economy.

But, what was even worse?

Millions of workers — who were lucky enough to have jobs — were having trouble making ends meet and they were living paycheck to paycheck.

During the pandemic, countless businesses all over the United States have been forced to close because of public health order; others have been forced to scale back hours through layoffs and furloughs in order to cut costs.

Updated May 14, 2020:

The Labor Department reported that another 3 million people filed for unemployment benefits last week ending May 9, 2020 due to the coronavirus outbreak.

According to the New York Times, the total number of unemployment benefit applications is over 36 million since the coronavirus pandemic shut down millions of businesses in mid-March 2020. And this number will keep growing in the coming months.

This is the highest in U.S. historyā€¦ shattering the Great Recession peak of 665,000 jobless Americans in March 2009 and the all-time mark of 695,000 in October 1982.

Building financial independence for yourself and your loved ones is one of the best ways to have a secure future. By having a successful business, you can empower yourself to take charge of your own financial security.

If you still have a job but your hours have been cut, you can start making money on the sideā€¦ without quitting your job. There are many legitimate ways you can start a side business and earn extra income working in the comfort of your own home.

Having multiple sources of income can provide diversification. It can provide financial security no matter what happens in the economy.

By making money on the side, you can protect yourself and your family from financial risks that come from relying on your job as your only one source of income.

During the COVID-19 pandemic, itā€™s uncertain if the economy is headed to a great recession or depression. So, itā€™s crucial that you put a plan in place to generate alternative sources of income to make ends meet.

Why You Need to Focus ONLY On Legitimate Ways to Make a Living From Home

You have many choices for making a living from home.

However, itā€™s important to watch out for many get-rich-quick schemes and other internet scams. They can be tempting, but they can waste a lot of your time, money and energy.

Instead of improving your financial situation, they canĀ rob you of your precious resources. ?

WhatĀ can you do to avoid schemes and scams?

You need to focus only on legitimate ways to earn income from home.

How can you tell whatā€™s legitimate or not?

  • Legitimate companies have aĀ strong track record of paying their workers. You can get additional proof that youā€™re working with a legitimate company when you get your first payment from them and if applicable, when you get recurring payments from them. You should only work for companies that can offer you RELIABLEĀ income streams.
  • LegitimateĀ companies are well-known for helping people make money, such as, Amazon, eBay, Airbnb and many others. To stay safe, focus on the most trusted platforms and proven money-makers for millions of people in the United States; many are also available all over the world.
  • Unlike schemes and scams that ā€œofferā€ to pay you for doing nothing, legitimate companies will only pay you forĀ doing honest work using your skills, talents or some other assets.

Legitimate extra income and work-from-home companies are 100% free to join. So, you can sign-up and get started without spending any money.

How to Conquer Fear of Starting a Business and Fear of Failure

Most people experience a lot of fear and self-doubt when theyā€™re starting their own business and making a living from home.

This is normal. It is scary to start something newā€¦

A survey of 1,001 U.S. adults done by Wakefield Research revealed that almost three quarters of respondents are afraid of failure when they think of starting a business.

For about a third of Americans, starting their own business was scarier than skydiving. Yes, people would rather jump out of a plane than start a business!

So, how do you overcome fear of failure and fear of starting a business?

You can overcome fear of failure by testing all your entrepreneurial ideas andĀ minimizing your risk.

Do not make this common mistakeā€¦

Many entrepreneurs have made the mistake of putting all their resources on one big canā€™t-miss idea. And when their canā€™t-miss idea missed… they end up losing everything.

No wonder most aspiring entrepreneurs are afraid to start their businesses!

Here’s my advice…

NEVER fall in love with any idea. You need to test and validate the profitability of every single one of your entrepreneurial ideas.

Trying and testing your ideas are crucial for your business success.

Instead of assuming or hoping that all your ideas will work, test drive them. Test them if theyā€™re going to work or not. Test your expectations:

  • Did you enjoy doing the work or not?
  • Did you earn enough profit or income?
  • Was the work a good fit for your lifestyle?

You can overcome fear of failure by becoming a testing expert.

By testing all of your ideas, you can quickly find those that do not work and ditch them. By doing quick tests, you can minimize your risks. You can avoid wasting a lot of your time, money and resources on any idea that ends up not working for you.

Most ideas donā€™t work for a number of different reasons. When something doesnā€™t work for you, it doesnā€™t really mean that you failed.

When some of your business ideas fail, it doesnā€™t mean that your entrepreneurial dream has failed. You will have many other ideas to test.

Everything that you do as an entrepreneur is just a testā€¦ until it starts working.

Once you have a business idea that’s generating sales and profits, you can SCALE it by putting more and more resources. So, you can grow a wildly profitable business.

Some ideas will work for you, but many will not. Itā€™s not about you. So, donā€™t take it personally. Do not let it discourage you. Do not let it stop you from continuing to pursue your entrepreneurial dream.

Imagine if you could make a living working in the comfort of your own homeā€¦

Imagine if you could afford living the life that you deserve… and finally stop worrying about money.

Yes, you can START living life on your terms. You are worthy of your BIGGEST dreams!

Why You Need to Focus On the Fastest Path to Fast Cash When Youā€™re Just Starting Out

In my experience, most new entrepreneurs need to start earning quickly or they get discouraged and give up.

To avoid getting discouraged, itā€™s extremely important for you to focus on the few essential steps that will get you going and earning actual SPENDABLE money as quickly as possible. You need to focus on theĀ FASTESTĀ path to fast cash.

Having money deposited in your bank account or PayPal will make your self-employment real for youā€¦ not just another daydream.

MakingĀ SPENDABLEĀ income will motivate you to keep moving forward and scaling your efforts to earn even more.

Have you ever been envious of entrepreneurs who work on their own terms as their own boss?

This is your chance to stop being envious of other entrepreneurs making a living doing what they love. You, too, can become happily self-employed.

How would your life change if you could finally make a living working from home?

This is your chance to find outā€¦

Ā  Ā Watch the Video >>Ā  Ā Ā  |Ā  Ā  Ā Learn More >>Ā Ā 

 

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