6 Steps to Help You Build Online Career at Home.

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We all have that life-changing event that diverts us from our current plan. Some people its marriage or an opportunity abroad. To others, they change their plans because of sudden death in the family or a life-changing disease, or just like most of us right now, its the Covid19 pandemic lockdown. But for me, its finally having a baby after eight years of married life.

Two months ago, I gave up the company I co-founded and started the journey to be a stay at home dad. This decision just became so timely since the COvid19 lockdown forced almost everyone to be at home. Today I get to stay at home, running my own e-commerce business while also having a part-time job online.


Today I’m going to share with you 6 steps to help you build your online career at home.

First, start with a personal inventory.

  1. List down your fixed expenses, payments, and needs. Listing your expenses will help you determine how much you should be earning.
  2. What are your resources at the moment? Do you have a laptop or a desktop computer? Do you have a good connection?
  3. List down your top 3 strengths. Ask your self this question: What value can I offer to my clients or customers?
    If you have experience in writing, you can prepare yourself to apply for writing-related jobs.
    If you have skills in Photoshop, video editing, or web design, then you can start to look for such jobs online. You must start your online career according to your skills and strengths so that you will be more confident.

Photo by William Iven on Unsplash

Second, make a plan. Are you going to work as a virtual assistant or a home-based call center agent? Or are you starting a home-based online business? Just remember that no matter how you start, you must start with the skills and the resources that you have.

Either you apply for an online job first while gradually building your online business or start your online business at once. While on the sideline, apply an online job that does not require too much of your time. Remember, your goal is to stay at home and spend more time with your family. It will be ironic that you’re at home, but you don’t have enough time for your family.


Photo by Callum T on Unsplash

Third, work your plan. If it’s a job you’re looking for, begin looking for jobs and send applications to as many agencies as you can. Then set up your work area and set your daily goals. It’s better to have a home office so that you will maintain your productivity at home. Never stop until you get your first goal. 

If you are planning to start a free lance work as your staging point to building online career at home, here are some link to help you start.

You can also do direct to these websites :https://www.upwork.com/, https://www.onlinejobs.ph, https://authenticjobs.com/.For teaching related jobs : https://bizmates.ph/, https://www.acadsoc.ph/ or https://www.51talk.ph/ or you can just google them and don stop until you find the job that you are looking for.

If its online business that your planning to start you can go to Youtube and search for business ideas or get some free Ecommerce , FBads trainings at //www.facebook.com/clickandgrowrichnow/ and https://digitalentrepinoy.com/blog/category/entrepreneurship/https:.


F0urth, you must set your monthly, quarterly and annual goals. Having goals will set your phasing as you progress and work your way up to your financial goals.

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Fifth, establish your vision. To help you write a vision for your self, “where will I be three years from now?”. Visualize your vision by writing them down and even printing the pictures of your ideal life that you are building while at home.

Lastly, find a mentor. This is optional, but I added this here because this worked for me. Your mentor can be someone you know that already has what you vision in the future and who is willing to teach you the basic steps. Or, You can get a mentor in the form of an accomplished online guru such as Robert Kiyosaki or follow John Pagulayan’s page. There are a lot of sources out there that you can follow and learn from. 

Whatever you do, and however you do it, I hope you succeed in building your income while staying at home. There will be a lot of challenges along the way, but as long as you don’t give up and consistently give your best, that day will come that your future self will thank you for making that step to succeed financially while being close to the very inspiration why you should succeed.










How to Manage Your Debt Effectively

How to control your debts

Are you one of those who can’t resist sales from big department stores during payday?

Have you tried convincing yourself that you don’t need a new bag, shoes or the latest cellphone model yet buy them anyway because they’re on sale?

Businesses have made shopping and payment easy and convenient to attract more clients and entice them to spend more.

 You are not alone.

Because companies are making it so easy and convenient to borrow money, most people are finding it hard to say no. Take for example when you scout for a car. Car dealers now offer very low down payments for a brand new car. For as low as P50, 000.00, you can bring home your dream car with a lot of freebies that go with it. Most importantly, you can pay for the balance with a car loan in their easy in-house financing scheme. Easy peasy, right?

Wait, how about that LV bag? It’s on 50% sale! Oh, this dress is so beautiful and it’s 20% off! And those shoes would pair nicely with this dress! Look, it’s buy 1 take 1 for that lipstick! Let me use my credit card. Ka-ching!!!

Before you even know what came over you, you have accumulated enough debts that go beyond your capacity to pay. Then the notice of payments and calls from the bank or credit company started coming in. What to do?

Good Debts and Bad Debts

If you find yourself in this situation, here’s the good news! Not all debts are bad and knowing the difference might just save you from being buried deeper into it. It will also help you plan your purchases in the future. So what is a good and bad debt?

Good debts are debts that have a potential return on your money. Simply put, you get something good out of it.  Educational loans and business loans are examples of this debt. 

Bad debts, on the other hand, include credit card debts and loans that have no potential return on your money. Examples of this debt are buying a new high-end gadget and borrowing money to finance your vacation.

Steps to Manage your Debts

Debt is the worst poverty.

Thomas Fuller

This is the most noteworthy description of debt. Most of us fall into debt and don’t know how to get out of it. Oftentimes, we found ourselves sinking into poverty because of the accumulated loans. Without any means to pay, we consequently resort to borrowing more and more.

If you don’t take action immediately, you may find yourself driven into bankruptcy and losing everything you value. Debt is often the reason why many families fall apart. But there are ways to get out of it. It will take a lot of discipline, self-control, as well as effort and time on your part but perseverance is the only way you can free yourself from debt. Here’s how:

1. Don’t get into more debts to pay off your current debts.

Tighten your belt and don’t spend more than you can make.

2. As much as possible, pay off your credit card debts in full and on time to avoid high interest.

The typical monthly interest rate of 3.5% on credit cards can add up to 42% in a year. Remember, interest rates are compounding. If your income does not increase with your spending, it can drain your money faster than you can earn it.

3. Always pay in cash.

By doing this, you control your spending and monitor your expenses better. Maintain one or two credit cards to be used strictly for emergencies.

4. Change your habit of spending to habit of saving.

Evaluate your lifestyle. Don’t spend your money on luxuries, instead spend it on necessities like food, insurance, and utilities. Priorities, people!

5. Make a list of all your debts and pay them off one at a time.

Pay the debt with a low balance but high interest first to eliminate it.

6. Change your mindset about money.

Stop believing that debt will solve all your money problems. It won’t.

7. Increase your cash flow.

Make use of your talents and skills to earn additional income.

8. Consider using your savings

Consider your savings and non-income generating assets to pay off your high-interest debts. Once you’re done paying, you can start saving again.

9. Use your bonuses to prepay your mortgages.

This will shorten the time that you will have to pay for them and eliminate your debts sooner.

10. Invest time in financial education.

Stop thinking that financial education is only for the wealthy. Most people fail because they lack knowledge of how money works.

Conclusion

 If you are born poor, it’s not your fault. But if you die poor, it’s your fault.

Bill Gates

Finally, you must remember that you are responsible for your future. Nobody can help you unless you help yourself. Debt can become an obstruction and can control your life. If you want to get out of debt, discipline and educate yourself. Learn how to make your money work for you. Many free courses on the internet will teach you how to invest in stocks. Debt is not the solution. Take action and control your debts or debts will control you.