This content is being written by me specially who are doing private or contract basis job and not doing either govt. job or own business. This content will be more advice type instead of how-to-tutorial but sure, you will get the way from my own experience in this regard.
I starts my talk from my one student who is working in govt. sector as private employee or we can see the employee on one year contract. Mostly, Govt. of India and state Govt. are getting the service of unemployed youth on contract basis. It is easy to break their contract and use same budgeted money in other important parts of welfare of society. But life and future of such employees are in danger if the contract breaks. Because one side employee will not get compensation under this contract and second employee will not have any new opportunity because private sector is more fast and changeable and employee in other may take time to adjust in it.
For example, a employee which is appointed in any Govt. Hospital as a clerk on contract basis because of doing any new test. All salaries are given by Central Govt. After 5 years, Central Govt. has seen there is no benefit to public. So, in new budget, Central Govt. stops the budget. Due to this, all clerk will go to home because these are not permanent employee, these are just one year contract employees. But within 5 to 6 years, they have increased the families, they have increase the financial responsibility. How will they survive.
Now, as per my experience, there is still a light of hope and it is called financial power. Within 5 and 6 years, if they use their salary properly, they can resign this job or start doing without getting one rupee of salary as true national service. Following are its Ways :
1. Investment in Land
Yes, there are lots of projects which you can complete if you invest in land. One, you can plants of fruits. So, your eating budget will be minimum. You can also get the wood. So, fuel budget will decrease. You can make the home and you can give it on rent for getting passive income.
2. Investment in Construction in Own Home
Yes, to buy the land is difficult but to construct in own home is not difficult. You can construct 3 Floor home and rent to those who have no own home and life time, you will get the rent earning.
3. Start Your Own Online Business
Start to appoint other and all work will be done by other and you will get only financial power. This business may be content writing, online teaching or online eCommerce or providing any other online service.
4. Investment in Live Stock
I am against killing of any animal for any purpose whether for leather or meat Because God has not order to you to kill them. Because God has given only order to use them for their welfare. You can buy it for getting the milk for selling and for transport purposes. If they do not give the milk. Start the business of organic manure or fertilizer. All animals gives all times. Use it for bio-gas for getting fuel and electricity.
Follow also 5 Laws of Power which also applies for getting financial power.
In Written : Read at here.
In Video : See below