Millennials Cite Stagnant Pay as Top Reason for Quitting –
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Using the Internet as a Money Making Resource
If we are to believe recent financial reports and the information supplied by lending bodies, then 2011 is a year that is set to see individuals employ the lessons they have learned from the recent global recession. This involves several facets of responsible spending and saving, as people have adapted to the constraints of financial hardship and vowed to be better prepared should the instance arise again. However, individuals could go even further to improve their economic situation, by exploring online resources as opportunities to generate wealth.
The unstoppable evolution of the internet as an informational and business resource is one that shows no sign of abating, with now more than 80 percent of US households hosting online access. One of the primary benefits of such a wide and instantly accessible media outlet is the diversity of money making ideas and opportunities that have been created, whether through online auctioning or small web based business ventures. Generating revenue from an online venture can be achieved through many activities, and can also be effective as either a sole source of income or a method of earning additional cash.
Utilizing a Skill or Passion for an Online Venture
Given the burgeoning amount of time that US citizens spend online each day, it would be logical to make the practice both generative and profitable. There are numerous benefits of attempting to sell or market a product or service online, as it can be done relatively cheaply and does not require vast financial outlays to support the activity. If citizens are serious about taking control of their finances and cultivating a process of fiscal prudence, then the internet offers them an opportunity to make their leisure time both productive and valuable.
Retirement and the Burden of Debt
In an ideal and picturesque world, retirement is a golden epoch in an individuals life, where they are able to relax and enjoy the twilight years of their life in the company of their family and friends. In addition to this, they are rewarded for their years of hard work and significant contributions to the economy with a deserved pension, which is available to them in conjunction with any additional savings they may have earned over time. With the advances in medicine improving health conditions and the longevity of life, it is supposed to be a durable and well earned reward for the hard working individuals of the US.
However, the harsh reality of existence rarely reflects an individual ideology, and the instance of retirement is a case in point. There is a global phenomenon of people retiring at an increasingly elderly age, and particular employment reforms in the US are ensuring that this trend is being reflected throughout the nation. The UK and France are also seeing modifications to their legislation which is deferring the average age of retirement, creating a generation of individuals who are forced to delay enjoying the fruits of their labors.
Debt as a Central Issue
Given the combined and individual levels of debt that continue to strange the life out of contemporary societies, it is little wonder that people are being forced to work harder and longer for their retirement purse. The recent global recession has not helped the matter, and governments are being coerced into delaying the standard retirement age to ensure the stability of social security, and also help to maintain an able economy. However, while the concept of a national debt is one thing, this issue is compounded when the levels of consumer debt remain so high and prevalent.
