Poor Man Survival
Self Reliance tools
for independent minded people…
ISSN 2161-5543
A Digest of Urban Survival Resources
Outside the Box Money Making Gigs-
Despite Record Low Savings and Rising Credit Card Use Among Americans
The personal savings rate fell to its third-lowest on record at the end
of 2017
1.
Consumer spending is rising, and
more of it is being fueled by debt (the last quarter registered the second-largest
percentage increase in charge-card debt in a decade)
2.
Inflation is taking a bigger bite
out of Americans' paychecks (real average hourly earnings of 80% of employees
fell by half a percent in January – its fifth
decline in six months)
3.
Hundreds of major companies have
price earnings ratios that are higher than during the height of the 2000 and
2007 bubbles
4.
For a decade now, central banks
have pretended they can print up prosperity (which they've done at a magnitude
beyond imagination... and we're supposed to have blind faith that they know
what they're doing)
Many people now believe – or act as though they believe – that history doesn't matter... that somehow this time things are truly different.
It's never different.
But the markets have a perverse way of punishing those who believe that fundamentals don't matter any more and forget that...
Investing in Stocks Doesn't Automatically Make You Rich
Twice in the past 18 years – between 2000 and 2002, and again between 2007 and 2009 – the stock market has cut investors' wealth roughly in half.
No one knows when it will happen again, but even a cursory study of market history indicates it will happen.
And most people will be woefully unprepared for the bloody aftermath, thanks to low savings rates and too much debt.
The Critical Difference Between Paper Wealth and Real Wealth
The numbers on your 401(k), IRA and investment account statements, and your home valuations, are paper wealth – they can careen upwards and downwards unpredictably.
They are meaningless numbers until you sell an asset and lock in a gain or loss. Paper wealth can never provide you with true financial security or allow you to know the value of your retirement nest egg on the day you plan to tap into it.
Real wealth, on the other hand, doesn't disappear when the markets crash.
Your goal
as I’ve indicated so many times in this blog is to get out of debt and to
develop multiple sources of income. Here
are a few ways others are managing…
Get Through the Month
I supplement my regular income in several ways. I am a commissioned notary public. Also, I am a certified high school referee as well as a USSF referee and officiate matches year-round. I also work one evening a week at a mortgage company. The extra income from these side jobs really help me to get through the month.
Debra
Blackjack, Anyone?
I do dog walking and dog sitting. I have several clients in our neighborhood and also work for Dogvacay.com. It's like pet therapy, but we don't have to pay vet bills.
I also deal blackjack for fun parties. This is for neighborhood Christmas parties, company parties, etc. People get play money to bet with, and at the end of the night, they get to buy raffle tickets with their play money they have left. Our parties usually have roulette, craps, poker, and blackjack. I make $50 or $75, depending on how many hours.
I also deliver boxes of produce to people. The company is The Produce Box. People order their produce online and I deliver my route once a week. We are supporting people eating healthy, supporting NC farmers, and making a little extra money. Plus, I have lots of extra produce left for us to eat.
I also had a job mowing my neighbor's yard while their house was for sale. I made $20 each time, and it was less than one hour of work. I already mow my yard, so it was no big deal.
Diana
Outside-the-Box Side Gigs
I'm a phone English teacher and I work from home. I work for a company in Korea, but other countries such as China, Japan, and Brazil have people who want to study English from a native English speaker. Some teachers work independently, doing their own student recruitment and billing, and others work for a company that takes a cut of the tuition, but handles those things for the teacher.
I work about three to hours a day and earn about $1,300/month, depending on the exchange rate and the number of classes I teach in a given month.
There are disadvantages. Although I work from home, hours are not flexible and there are few days off. The days off coincide with the foreign country's holidays, not my country's holidays.
But, there are also advantages. I learn about another culture by meeting people from that country. I also have the ability to be a stay-at-home-mom and still earn money.
In addition, I also work for ETS, a company that administers high-stakes exams. I work for a department that listens to spoken responses to an oral test. I work a few half-day shifts a month and earn about $15/hr.
- Search ZipRecruiter for
work-at-home opportunities
- Want to make some green while
being green? Then make money upcycling.
You’ll find a few more resources for
earning extra income, including our top selling CD ROM for starting a sideline
business which I used for returning veterans at my bonanza storefront-it’s only
$5!
Escaping
the Rat Race with Your Own Business-CD ROM
Yours for
smarter living,
Bruce ‘the
Poor Man’
Additional FREE Resources
14 of the best reports I’ve assembled on protecting your freedom…Here is the download link.
http://1drv.ms/1d9kfiU
Living Frugally In Suburbia
You live differently than your neighbors.
You live differently than your neighbors.
14
Frugal Food-Rescuing Tips from Grandma
These depression-era frugal tips still work today!
These depression-era frugal tips still work today!
8 Simple Ways to Put More Money in Your Pocket
Have more money without working harder!
Have more money without working harder!
Other
notes of interest…
Free ebook How To
Survive the Job Automation Apocalypse
Knowing
When and How to Stockpile Groceries
Stocking up could save your grocery budget!
Stocking up could save your grocery budget!
Tasty way to keep the brain sharp:
Oranges, grapefruit and clementines,
in season now…and researchers reporting in the British Journal of Nutrition have found good reason to include one
daily. Those who consumed citrus fruit
almost every day were 23% less likely to develop dementia over the six-year
study compared with those who ate citrus twice a week or less often.
The antioxidant flavonoid
compounds may protect brain cells from the inflammation linked to cognitive
decline!
You Have a 16-Cylinder Brain-Learn How to Use it &
Re-Awaken the Genius Inside You!
I know everyone is short on time in this hectic world so I’ve kept this
PDF short and to the point with links to expert how-to articles and guides
including:
·
How to Increase Your Intelligence
·
6 Step Brain Exercise Steve Jobs Used to
Boost Creativity
·
6 Simple Habits to Boost Your Intelligence
·
The Best Vitamins to Increase Brain
Function
·
How a Harvard Brain Specialist Keeps Her
Brain Healthy
·
A Review of the Top 10 Brain [Limitless]
Pills
·
How to Protect Your Cognitive Function
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3 comments:
I took that seminar you offered through the Ohio Veterans groups and actually started a small business as a result-very useful for me. Also, I heard you speak at the COSE "Entrepreneurship" conference in Cleveland several years ago-outstanding. Your presentation was terrific.
Good stuff as I'm always spending more than I take in-thanks!
I dog sit. I use the website called DogVacay.com to get customers. It's a great, fun source of extra income.
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