Workers may struggle to keep quality of life

Some may be worried about their ability to improve current financial status.

07:17 10 August 2013

A recent article claims that the average worker will be significantly worse off financially than before. While there may be many contributing factors to resolve previous issues with the economy, some people may be concerned about the ability to improve their financial status.

 

There was some promising news that more people are able to get jobs now, which in turn allows more people to try and achieve goals and dreams for the future. If you you’re trying to find a way to improve your financial status, here are a few ideas.

 

• Embrace creativity—you might not be able to find a second job if you already have one, but you might be able to provide help to certain people that fills a need and improves your financial status. Think of helping others with a CV, writing, caring for a child, cooking for someone, or anything else that people might need help with. 

 

• Consider investments—if you have the funds available for investments, you may want to seek professional advice on the best way to maximize your funds to improve your financial status. You might consider purchasing property which could be used as rental income, or you might opt for involvement in the stock market. 

 

• Check resources—you might be able to take advantage of a number of different resources that can help you with necessities so that the rest of your money can be used to improve your financial status. If you have resources that can help you with groceries, you might be able to take money and pay off debts. 

 

• Education—if you can find free education opportunities, or low-cost options that is one of the best ways to improve your financial status, especially if you choose an area which is desperately in need of assistance and skilled workers.