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By Kevin M Recently on OutOfYourRut I’ve been writing a series of posts centered on employment alternatives–self-employment, side businesses and soft employment (part-time, temporary or contract work). The purpose in discussing these alternatives is based on my belief that the weak employment environment we now find ourselves in may not be temporary, and longterm changes need [...] Kevin M Unstable employment may be here to stay. 10% of the work force is now unemployed, and millions more are under-employed, working at temporary or part-time jobs. By some indicators the economy is showing signs of recovery, but globalization, advances in technology and rising healthcare costs have been gradually cutting away at employment [...] By Kevin M You may be employed at the moment; in fact you may even be well-employed. But look at many others around you and what do you see? With millions unemployed, millions more under-employed, and hundreds of thousands of jobs being outsourced to lower wage countries, what does the future of employment hold? [...] By Kevin M Unemployment ticked down in November for the first time in many months, some of the big banks have announced plans to pay back TARP money given to them early in the financial crisis and Wall Street is on the rise—a classic recovery is underway! Or is it? Before you think of this as a [...] STRATEGY #10 TO SURVIVE A DOWN ECONOMY By Kevin M When careers and money become questionable foundations in our lives, what’s left? It’s often only in bad economies that we even entertain the question. In 10 Ways To Survive a Down Economy (published on Christianpf.com June 1) we listed ten strategies to help us deal with the [...] STRATEGY #5 TO SURVIVE A DOWN ECONOMY By Kevin M In the dreary job market of the moment, people are having difficulty with two major areas in particular: keeping a steady income flow and increasing that flow. The increasing level of unemployment is not only eliminating jobs, but it’s also putting a lid on raises [...] By Kevin M If you’re living paycheck-to-paycheck, and struggling just to get by each month, that situation won’t improve until you reach the point where you have a cushion to back you up. You might think that the pressure would be eased by an additional income source, but the problem with higher income is that [...] Employers are on tight budgets right now and we need to work outside the box just to get noticed. Think of it as though you’re starting a new business and you’re working to build a customer base by giving out free samples. STRATEGY #9 TO SURVIVE A DOWN ECONOMY By Kevin M In the best of times, borrowing seems to be a sensible way to get the things we want but can’t afford to purchase in full right now, but we’re sure we can tackle later with a predictably increasing income stream. But when economic fortunes shift into low [...] |
 
General: Any information in regard to money, credit, personal finance, or in regard to any other monetary topic, provided or shared on OutOfYourRut.com is presented for information and entertainment purposes only and does not constitute financial advice. It is intended to provide general information only and does not constitute personal financial advice in regard to your specific circumstances...MORE-->
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Radical Self Reliance in the New Economy
By Kevin M
What if the economy isn’t turning the corner? What if the “Great Recession” isn’t a recession at all, but the early stage of a longer term economic devolution?
I consider this as more than a reasonable possibility. As much as we might cling to the notion of “business as usual”, the history [...]