What Should You Do If You Lose Your Main Income?

[Suba]

Everyone has a primary source of income, whether as an office employee, running a business, freelance, translator, teacher, trader, etc. This primary income often serves as the primary source of expenses, and also serves as the basis for building other, more flexible sources of income, such as investing or renting out property.

However, due to a global crisis, the impact of war, or other unexpected events, we can lose our jobs or lose our primary source of income. What should you do?

 

[magnus2022]

They said that when one door closed, other doors opens. The first step is to make sure you believe in yourself! Start finding alternatives! Don't sit down and be worrying yourself to sickness. Do anything your hand find fit to do! Life is full of up and down.

 

[eLdavis]

In a situation like this, i believe the best cause of action to take would be to look for another source of income.

 

[Augusta]

Look for another job. Make a budget and money management plan.Set your priorities and Cut back your costs and spending

 

[King Belieal]

That's where having a side hustle could help. One can just upgrade the side hustle to a main hustle in such a instance.

 

[Springtime]

Cut back on spending. Find another job or other sources of income immediately.