Category: Lifestyle

Here’s Why Jobs with Extensive Travel Put Your Health at Risk

by Sandra Hayes

The occasional business trip can be lots of fun. Having them all of the time could kill you.

Although watching people traveling all of the time can inspire jealousy, being part of a global network of constant movement may not be the perfect lifestyle. Anyone who travels extensively needs to place a greater point of emphasis on self-care.

Being always on the move can create significant problems.

Traveling Causes People to Age Faster

When people frequently travel for business, then the activity causes them to start aging faster. Long-distance flights lead to significant problems with jet lag. The outcome creates memory impairment, disruption of the immune system, and changes to gene expressions. It is a combination of factors that increases the risk of a stroke or a heart attack. Even the stress of preparing for a trip can create problems in this area.

Travelers Get More Radiation Exposure

If you travel by plane for your business needs frequently, then you receive less protection from the atmosphere against radiation. Frequent travelers receive up to 100 times more exposure compared to those who travel by train, boat, or car. Pilots of commercial aircraft receive more than those who work at nuclear power plants.

Travelers Have Weaker Immune Systems

Everyone on a flight breathes the same air. If you’re on a plane for eight hours or more, then that means everyone gets exposed to the same germs. Adding in the jet lag and poor dietary choices can lead to a reduction of effectiveness for the immune system.

Traveling Has a Higher Risk of Obesity

People who travel frequently are usually more out of shape than those who work a regular 9-5. The issue involves meal habits, exercise opportunities, and stress. Most airline meals have high levels of sugar and salt to maintain flavor. Adding some alcohol into the mix creates a recipe for fast weight gain. It can also contribute to mental health issues, especially since jet lag problems can last for up to six days, creating long-term problems with disorientation. 

Taking care of yourself must be your priority of you travel frequently. Including items from brands like Klaire Labs, New Chapter, and Pure Encapsulations can ensure that your body has a firm foundation from which to work. You might not be able to change your schedule, but it is within your power to create healthy living habits.  

How to Make a Plan for Recession-Proof Investing

by Sandra Hayes

Recession-proof investing is the easiest way to prevent your financial portfolio from taking a significant hit when the economy starts contracting. It is also one of the most challenging tasks for the average person to navigate.

Dumping your money into a savings account, gold ETFs, or mutual funds isn’t the best way to go. You are going to want to follow some of the following steps to give yourself some protection.

Stay Calm

The economy goes through different seasons. Cycles of correction occur all over the world at times. Don’t make rash decisions immediately when you’ve got a successful portfolio. A small dip in your net worth isn’t the end of the world, and your value will rise again in time.

Have an Emergency Fund

Did you know that the average American family cannot afford a $500 emergency? If you don’t have a fund in place to manage an unexpected expense, then you are not in a position to invest. Build up some savings so that you have a minimum of six months of living expenses set aside. Even having one month of coverage is better than nothing.

Pay Down Your Credit Card Debt

When times are good, then that is when you want to be aggressive with your debt. If you don’t need to worry about high-interest obligations when the finances get tighter, then you’re going to be in a better position if a recession occurs.

Have a Doomsday Budget as Your Plan B

What would happen if you were to suddenly have a significant reduction in income? Having a separate budget in place when you need a Plan B will save you time if your paycheck isn’t what it used to be. Write out everything that you need to survive, from rent to groceries. Then cut out the non-essentials, including Netflix, to see where you stand.

Diversify Your Portfolio

If you want to be recession-proof with your portfolio, then about 40% of your money should be in cash-equivalent items. You can choose bonds, CDs, and money market accounts for this economic period. It helps to build a “ladder” of these conservative investments over time so that you have some almost-guaranteed returns coming your way. Make sure you also still have some equity stocks and mutual funds in there.

Stay True to Your Retirement Plan

Even if a recession hits, you will want to keep investing in your retirement plan. Contribute to your IRA, 401(k), or equivalent products as much as possible. When others are panicking, that is when your interest gains will become more useful. Investing is more about the long-term experience anyway, instead of any short-term gains that are possible.

Have a Side Hustle in Place

If you have multiple income streams, then it is easier to withstand a recession. Freelancing, babysitting, or selling items online are all possibilities. Grab a seasonal job when the holidays arrive if it fits into your schedule. When you save the cash you earn from this endeavor, then your emergency fund will build up quickly.

If you need help, then ask for it. Drowning in debt during a recession can make it a challenge to recover when the economy gets better. Start this process today by implementing these steps. 

Short Term Sources of Finance to Keep Your Head Above Water

by Sandra Hayes

If you are struggling to pay your bills right now, then finding some fast ways to make money is a top priority.

You don’t need to drain your savings account or sell your possessions to make ends meet. When you have some excellent short term sources of finance, then you can keep your head above water while managing a potentially turbulent time in your life.

The goal here is to avoid debt whenever possible. Instead of taking out a consolidation loan, let’s look for ways to improve how much cash is coming in right now.

Get-Rich-Quick Schemes Are a Waste of Time

Don’t waste your time pursuing an idea that lets you make money without putting in some risk or hard work. There is no such thing as a free ride in this world, even if you have trust fund privileges.

That’s why you’ll want to consider these ideas if you need a little help at the end of the month to pay your bills.

Drive for Lyft or Uber

Driving for these rideshare companies can help you to earn some cash right away. You’ll need an approved vehicle, authorization to work, and a clean driving record to get started. Then sign up to start working, and you can operate this side hustle during a time that works well for your needs.

Flip Items to Sell on Craigslist or Amazon.

Ryan Grant built a company that does one thing. He purchases items from Walmart, and then they sell them on Amazon. It only took six years for him to build a company that employs 10 people, earns hundreds of thousands of dollars in profits each year, and reached $6 million in revenues in 2018. You might not be able to follow this plan, but you can find items at antique stores, thrift shops, and online sales to flip for a profit.

Complete Tasks on TaskRabbit.

The app TaskRabbit allows you to help local people with their chores. Some of the tasks are simple, like picking up a few groceries. You might also find some options to help with a home renovation project. If you have some tools at home and are good with your hands, then you can put those skills to work as you make some money.

Deliver Items for PostMates

PostMates says that you can earn up to $25 per hour performing deliveries for them. If you earn some tips along the way, then you can make even more. It’s the perfect idea to follow if you have some spare time, and you don’t need a car to do the work. If you live in the city and have a bicycle, then you’ve got a way to earn some extra money.

Answer Questions for People on JustAnswer.

If you enjoyed answering search queries on ChaCha back in the day, then JustAnswer is the evolution of that concept. This platform allows people with enhanced knowledge to earn extra money by answering questions that would typically cost much more from third-party providers. It’s lucrative if you have something to share and need some extra money in a hurry.

There are lots of ways for you to start earning some short-term sources of finance to pay your bills. If you are patient with this process, it could become a full-time income one day.