One of the dreams that many people have is becoming financially independent. Having the ability to not worry about your next paycheck so that you can pay for your bills and survive is something that many covet on a daily basis. If you can imagine your life without having to struggle, worrying about whether or not you will have enough money to make it to the end of the month, you can probably see how stress-free your life would actually be.


This prompts many people to try a variety of different business venues in order to supplement their regular income. Of course, leaving your job for a life that will provide you with the freedom that you desire is something that we all want, but you have to think about getting through the month, paying your bills, and doing so without getting behind. In this article, we will present a couple options that you can consider when it comes to finally being able to get through the month without worrying about whether or not your paycheck comes in.

One of the best ways to supplement your money, although perhaps not the most glamorous option, is to get a second job. If you think about it, you are already spending a minimum of eight hours everyday, Monday through Friday, earning the money that you need to survive. There is also commuting time if you don’t live near your job. That takes out a few more hours every day. If you do a part-time job, and a few more hours onto that. You could actually work a 12 hour day five days a week, just to make sure you have a little extra money by the end of the month. As you can see, although this is something that many people do, especially if they live alone, it’s not an option that many people want to pursue because of the lack of time.

Another option is to start your own business. If you put the initial time in to get it going, and you are able to pursue this option in a profitable manner, you can prevent yourself from having to take a second job to have extra spending money every month. What you have to realize is that, unlike the job, there are no guarantees. You might make money, or you might not. It depends upon the business model, your expertise in this field, and if you are offering a product or service that people will want to purchase. If you can copy an existing business model that is already profitable, tapping into the same type of customers for a minimal amount of advertising money, this can cut out any worries about whether or not it will work, allowing you to start generating money over and above what you earn at a regular job.

Going back to whether or not you can afford to miss your next paycheck, you might want to ask yourself that question. Do you have enough savings built up in the event that, if you are unable to go to work on a full-time basis, that you can cover yourself in the interim. Most people are not able to do this, which means they are trapped at working as many days as possible hoping to make ends meet. That’s why it is important to have some type of savings plan set up so that you can cover yourself if you get sick, especially if you don’t have sick leave or days off available with pay at your current place of employment. If that is the case, you might want to think about applying for other jobs that can provide you with this type of cushion for the rougher times in life.

If you want to earn more money every month, and not worry about your existing paycheck paying the bills, outside of getting a second job, or starting a business, you might want to ask for a promotion. Depending upon your skills at your job, and if there are any openings available, by getting a few more dollars an hour, you can solve your problem to some degree. An extra couple hundred dollars a month can make all the difference in the world, especially if you were never sure if you can cover your bills even when working full-time.

Although you may always be wondering if you can afford to miss your next paycheck and still pay your bills, you now have a general guideline to consider when pondering this question. By getting a second job, starting a business, or looking for a possible promotion at your current place of employment, you can potentially give yourself the peace of mind that you deserve, knowing that all of your bills will be paid with the extra income that will be coming in by choosing one of the options we have presented.

Author’s Bio: Luke Davids  loves to write financial articles and he is a contributory writer associated with the Credit Card Debt Consolidation and has written several articles on debt management, debt settlement and Bankruptcy.

Image Credit: John Lambert Pearson