What R Your Plans?
By taripres
@taripres (1499)
United States
October 30, 2008 12:46pm CST
Now that the economy has gone to the birds, people are seeking alternative means of income! We're heading towards untraditional means to make it, because of the uncertainty of the norm! What has worked yesterday is what makes us so nervous today. So many people who have depended on the "go to school, get a good education, get a good job, and retire" model, are the very ones who are in major trouble, along with the rest of us!
So, I'm asking, with all that's going on in these times, what r your plans? What r u doing to supplement or replace your income!
PLEASE NO REFERRAL LINKS!!!!
Taripre$
1 person likes this
5 responses
@xParanoiax (6987)
• United States
31 Oct 08
Farming.
No, not with huge tractors, fertilizers, or anything like that...not on vast lands or anything either. Basically I'll be doing it on a little over an acre.
Mostly to grow food for my family, but I'm hoping to have enough to sell as well (or barter, I LOVELOVELOVE barter). Flea markets, roadside stands, on our front lawn, farmer's markets. Yeah.
I'm HOPING to be able to grow some giant reed to be able to make things like gazebo frames, musical instruments, to sell as well...but we'll see how it turns out.
I've got most of my seeds waiting for next spring and have planted/transplanted some stuff already...and it's gonna be a huge job next year...I've no idea how well it'll go..but wish me luck, huh?
@xParanoiax (6987)
• United States
1 Nov 08
Thanks.
Well, I grew up on a farm but I've never run a farm, and we never farmed for business before. Plus, the farm I grew up on was alot bigger than this new place of ours is and I figured...that in this day and age, you make the best and get the most of what you have, right?
Plus, food is crisis-proof. No matter what happens, people will always want food.
So, it seemed like the most brilliant thing I could ever could come up with for both helping out my area and laying a foundation for my own future to me.
...that I'm not picky with how to market the stuff (barter, sales, and the established market place -- maybe even online, someday) probably helps.
So...I dunno how well it'll work ^_^' all I can do is try and hope, and do my best.
I'm usually good at selling things, my Mom and I've sold stuff at flea markets for years...it's just something completely new with marketing food.
I'm trying to make it very economical -- buying the seeds/plants for hardly much more than a dollar so that I can price the products much cheaper so that I can remain competitive (but profitable all the same) with everyone else.
I don't know, I guess my bottom line reasoning is that, I feel much better trusting my future based on the work I do with my hands. You know?
Taripre$
@limcyjain (3516)
• India
5 Nov 08
My plans relating to investment remain unchanged. The only thing is that now i am investing in debt rather than equity. I have some money invested in equity and have kept money sideby for averaging out my investments. Otherwise things are going as usual. My husbands business is going fine except for some money tightening in the system. IF the markets take one more sound beating i would be putting most of my undeployed funds in stocks for long term gains.
Taripre$
@polachicago (18716)
• United States
31 Oct 08
I have no plans. First time in my life I stopped planning and start living.
I usually pushed myself too hard to make it. Now I relaxed, because all great ideas are coming to us only if we don't panic.
My stocks are down, so is my income. I just meditate and relax.
I was told that gas prices are going to reach $10 per gallon. I was told that stock market is going to collapsed...(at some point it was right)....and on and on...
When I was in Europe during September/October this year, all European countries blamed America for world wide financial crisis....
Always our fault...why?...because we consume the most...if we are in the crisis, so is everyone else....
I don't panic. We will recover sooner or later.
Stay optimistic!, after all we have Mylot to make big bucks....
@arunmails (3011)
• India
5 Nov 08
Yes, even my financial status is going down nowadays..... so, I thought I should increase income by doing any one side business......I thought why it could not be a MLM business....???? NOw, I have joined in an MLM business and I got the first payment also........ I think in future, MLM will be the top most income business.....
@Diamand (14)
• United States
5 Nov 08
Not only are we seeking alternative means of income, but we also cut out unnecessary spending. The economy will recover, but it will take a long time. We are on a brink on a new way of thinking. All along, we've been buy now, pay later. This way of thinking is obsolete. My wife was in the real estate business, but do to the economy has given that up. Now she is in nursing school and about to graduate into a recession proof job. Me, I'm in retail sales and sales are down 60% this year. To compansate, I've actually taken a job waiting tables in the evening after my day job. Desperate times calls for desperate measures.
Taripre$