The Only Way Is Up! Continued
The Only Way Is Up! Continued.
From my last post hopefully you have questions! That’s good! I did too but to a certain extent I already new the answers because my husband and I have been through a similar situation.
We both worked for the same company, albeit in different sections, in 2007 I was asked to take a severance package because I was on an older contract and therefore too expensive to employ, I did not want to leave but the new contract was shift work on a rota that was flexible over 7 days a week and 24hrs to the companies demands!
This did not suit my home life as I had a small baby and had just come off maternity leave, so I tried to stay on my old contract but the managers made it totally clear that I was to be managed out by performance! So I had no choice but to leave, not the end of the world because my husband still had his job and was fairly well paid.
In 2008 my husband had exactly the same happen to him, the company was cost cutting yet again and old contracts are very expensive!
So there we were no jobs and no income! Yes we had some money from our severance payouts but it was not that much when you have a little one and all the other expenses to think of.
We tried a few home businesses and part time work etc, full time jobs were few and far between at the time so we had to make ends meet as it were. We became self sufficient with a number of income streams including Wealth Masters via Carbon Copy Pro, we are still fighting are way back even now but with fantastic help from Wealth Masters and our team we are well on the way to becoming financially free.
Luckily my husband has found a full time job, and it’s one he can spend time at home helping me with the children and our other income streams.
If there is one thing we have learned from our experience it’s not to put all your eggs in one basket and too make sure if you lose an income you have the back up and ability to replace it or cover it whilst looking for more ways to create the income you want.
There is so much more on this subject that I want to share with you so I will be posting again in a couple of days to continue with this thread!
