How to Increase Your Monthly Income
Increase Your Income
|Let us look at several more scenarios and discuss how each person or persons might increase their income. You may be able to apply these tips to your own situation. [Alternatives to the scenarios include having participants’ list ways they can increase their own income, or having participants pair off and each person share two to three ways they can increase their income.]
Samar was doing well financially until he was laid off from work. He has not been able to find work yet, and is concerned about how he is going to pay his bills because he has almost depleted his savings. What steps could he take to increase his income?
Possible answers may include:
Note: when there are more unemployed people than available jobs, you need to change the way you look for a job. Sending out a resume may not be enough. Find ways to network (e.g., use social media, attend networking events, and ask your friends and family to share your resume with people they know).
The Jacksons’ home was recently destroyed by a (select what is most applicable for your area: hurricane, tornado, flood, earthquake, etc.). They did not have adequate insurance coverage to cover the damages. How might they increase their income?
Answer: Whether the Jacksons’ are still employed or unemployed due to the disaster, they may be able to use some of the previous answers to increase their income. They may also be able to receive loans or assistance from local, state, and national agencies, including:
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