Short term career(contractual basis) like being in a three year contract scares me. This is what's happening to OFW's. After the contract, they have to find a new opportunity to support themselves or their family. In short, it means that a person who have worked abroad is not equivalent to a bottomless- ice- tea promo in TGIF restaurant. But if you have prepared well, with goals and priorities in life, you'll be able to provide.
If you don't have a job to land in in the first few months, you should have prepared for it. Around 6 months-1 year atleast should be provided/covered by your savings to provide for your needs and for your family (if incase you have to provide for them). If you have applied earlier while your in the contract and luckily you got the job right after the contract then well and good.
Knowing this case scenario, it would atleast lead you to a far better ideas on how to generate your income.
From Nannette Ferreria's (Director, MoneyDirector, Inc.) point of view,
Here is another catch. Do not ever go into something without consulting an expert/ experienced. Knowledge is always a must when entering something. When you say an expert, he/she must be in the field. Examples of which are financial consultants/ advisers (which are licensed), entrepreneurs who have engaged into successful business, or even your supportive parents can be an experienced when it comes to money.
Generating income is not as easy as it seems but starting earlier would be a best option. Starting early like while you are still single is another better option.
Plan now and act now. Going back home and meeting the family after a three year contract work abroad is such an exciting thing. But being able to provide (not to provide for bonggacious occasions) is such a sweet thing.
Please feel free to browse About YVONNE MAE
Please like my fanpage below if you think this article is helpful
If you don't have a job to land in in the first few months, you should have prepared for it. Around 6 months-1 year atleast should be provided/covered by your savings to provide for your needs and for your family (if incase you have to provide for them). If you have applied earlier while your in the contract and luckily you got the job right after the contract then well and good.
Knowing this case scenario, it would atleast lead you to a far better ideas on how to generate your income.
From Nannette Ferreria's (Director, MoneyDirector, Inc.) point of view,
She is just saying that saving your money in the piggy bank won't generate your money. Almost all of the financial advisers would mention about about investments. Among the options are mutual funds, opening up a business, stock investments. However, all these mentioned above take risks.
"Saving is not the key to being wealthy but knowing where to put your money will make you wealthy."
Here is another catch. Do not ever go into something without consulting an expert/ experienced. Knowledge is always a must when entering something. When you say an expert, he/she must be in the field. Examples of which are financial consultants/ advisers (which are licensed), entrepreneurs who have engaged into successful business, or even your supportive parents can be an experienced when it comes to money.
Generating income is not as easy as it seems but starting earlier would be a best option. Starting early like while you are still single is another better option.
Plan now and act now. Going back home and meeting the family after a three year contract work abroad is such an exciting thing. But being able to provide (not to provide for bonggacious occasions) is such a sweet thing.
Please feel free to browse About YVONNE MAE
Please like my fanpage below if you think this article is helpful
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