What Would You Do if You Couldn't Go to Work

news excerpt:

Huge Job Losses Set Off Recession Alarms
Friday April 4, 4:42 pm ET
By Jeannine Aversa, AP Economics Writer
Biggest Job Loss in 5 Years Sets Off Recession Alarms; Nearly Quarter-Million Gone in 3 Months

WASHINGTON (AP) -- It's no longer a question of recession or not. Now it's how deep and how long.

Workers' pink slips stacked ever higher in March as jittery employers slashed 80,000 jobs, the most in five years, and the national unemployment rate climbed to 5.1 percent. Job losses are nearing the staggering level of a quarter-million this year in just three months.

For the third month in a row total U.S. employment rolls shrank -- often a telltale sign that the economy has jolted dangerously into reverse.

At the same time, the jobless rate rose three-tenths of a percentage point, a sharp increase usually associated with times of deep economic stress.

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It was all over the news today, the unemployment rate climbed to 5.1% last month - the biggest job loss in 5 years. As if it were some sort of a surprise, economists are now screaming recession from the roof tops.

Duh.

The article above says that the recession is no longer the question but rather how bad will it be and how long will it last. However, an even more important question is this: What would happen if you lost your job? Do you have enough saved up to keep your head above water for a few months? Do you have some sort of back up plan in case you had to be out of work for a period of time?

Doubtless, thousands across the nation are beginning to think about these and many other related questions. It is for this very reason that people NEED to know that Network Marketing is a viable way of generating a secondary income - income that will continue to come in even if you stop working. It is, I believe the best option for everyday people like you and me, the best plan B in times of economic uncertainty.

The residual income you can create with a network marketing business will insure that you have money coming in in case you're laid off, or in case your company goes bankrupt, or you get injured, or are hospitalized and can't go to your job. Too many people have put ALL their eggs in one basket and it is those very people that suffer the most during these financially difficult times.

So be smart. Don't be caught with all your eggs in one basket.