I don’t know what to do chat.
My current job doesn’t pay enough to make it worth working there but we’re going head long deep into potentially the worst depression ever.
If anyone knows the Meta please let me know because I’m getting my ass kicked on everything.
All I know is that I'm preparing for the worst. My current living situation is not sustainable long term if I lose my current job so I'm trying to take steps to get my living expenses as low as possible, so if I have to fight someone for a job at olive garden, I'll still have a good chance at paying the bills
What industry are you in if you don’t mind sharing?
IT. I'm currently staring down the barrel of layoffs even before shit hits the fan đź«
At this point you’re probably better off pooling up your money, and starting your own business/independent contractor thing, if you know how to code.
These companies are laying people off left, and right.
I work at a warehouse, and they’ve been trying to automate away a lot of our roles, and laying people off.
Hours have reduced drastically.
We went from 30 hours a week to barely breaking 20 to 25 hours if we’re lucky.
Less contract mandated new roles have been made.
It’s concerning, the tariffs, and other things threw a monkey wrench, they even stopped hiring seasonal help, they let half of the seasonal people off before they even started.
I hope things go well for you 🙏.
I'm fortunate enough to have a decent amount saved up, but I'd really rather not have to use it because I want to buy a house soon. But yeah long term I'd want to start my own thing up but I'd like to still be able to pay the bills flipping burgers while I get something set up. I wouldn't expect to be profitable for 6 months to a year at least.
I think as long as you're seriously considering your options and try to have a backup plan or two, you're going to be better off than the average person if things get really bad.
Wishing you the best of luck in all this as well man 🙏🙏
Wait for the dip, it’s looking housing might finally come to a halt for a bit but gotta time it right, exploit the sweet spot of price to interest rates but wait for the price more since interest rates can always be refinanced.
I feel you man fiat is really cooking us...
Growing income should be the main concern but it's pretty much impossible without rare specialized skills (creating a company etc...)
Investment wise I'd avoid any risk really, keep everything liquid in gold, bitcoin and fiat.
But idk I'm stuck aswell...
