Are You Financially Secured Having A Job?

You have finished your academic studies and looking for a job. It is one of the most vulnerable moments of life when you need a job badly, but you did not get any job yet. It feels like a job can save you.

If you went through this, you know exactly how it feels to be in that situation. Your family, relatives, and everyone will be happy when they get the news of having a job. Finally, you get the job. It feels like you have a new life.

You talk about whether a job can make him financially secure or not, but it does not mean anything who is looking for a job badly. When that person gets the job, slowly he understands how much a job makes him financially secure.

Nowadays most students prefer to do a government job. Why? There are many reasons like respect, social status, career, and security. Job security is one of the most important things that a candidate's top priority.

In case anything happens, and you are doing a private job, the company can make a decision quickly and lay off some employees. On the flip side, if you do a government job, you usually do not face anything like this. The government will pay your salary in time. You are sure that you have a job and you will get your salary every month.

But are you financially secured having a job? What we see recently is that the price of goods and services increases very quickly. You get increments and earn more money from your job. But that cannot keep up with the inflation. You are losing purchasing power consistently. If you are rich, you may not face that many problems. But people who are in the middle class and do a job are going through a really tough time.

Your fiat currency depreciates against the dollar. The way your fiat currency loses its value recently, that's scary. Whatever you are going to do, you have to spend more money on that. You will not have problems if your income increases accordingly. You can afford to buy food, oil, clothes, and other necessary items. Unfortunately, having a secured job cannot make you financially secure these days.

So how can you deal with this situation?

You have to manage your finances. There are no alternatives to this. You need to make more money, start saving and make investments. You may hold dollars for the time being since your fiat currency loses its value against dollars. When you take control of your finances, you can deal with this situation.

So what do you think? Please feel free to leave your comments. Thank you for reading this post. That's it for now. I'll be back with another post.

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