LoansPersonal LoansStartupTOP STORIES

How to Become Self-Reliant in € 10, 000 or May Be Less?

The biggest luxury in this materialistic and tough life is self-reliance. After all, it is so difficult to struggle with 24×7 job insecurities, financial goals too keep demanding more and more efforts. Income-outgoing imbalance, pressure of target, hectic daily routine, stress that provokes health issues, no work life balance and what not? Just keep counting and the list is set to go on and on and on. The worst part is, you have skills and also the competency to use it well but still, peace and happiness deny to stay. The countless fears in financial and personal life hover over you.

Employer that you work for have many reasons to spoil your day, just one little idea of a big decision about your performance and the nights become restless.

A Series of Questions Keep Coming Repeatedly –

  • Will I lose my job?
  • If I lose it, how frightening can be the consequences?
  • Oh, how am I going to tackle the mess on money matters?
  • What about the family concerns?

ENOUGH!

This is not the way a human lives a dignified life. Why not plan something and rise above the stereotypes. Certainly, doing job is good thing, but at least explore the possibilities of achieving self-reliance. Ok, money is the concern? You think you do not have the sufficient funds to plan and implement something.

Be your own boss in just € 10, 000

There is no limit to ideas and many of them can be materialised in this amount. In fact, some may even become possible in less than € 10, 000.

Here are some suggestions

Some very basic and simple opportunities can help you become independent in financial as well as personal life. For instance –

Food producer 

There can be many aspects in this field. The modern world is a complete foodie. Just look around you, people are ready to pay good to taste new cuisines. They are keen to see new versions of their traditional food, the weekends are empty without a table full of food. Cheesy, crispy, spicy, sweet, people have different choices, serve them and earn a huge profit.  

The food production sector is quite adaptive to cost-effective business ideas. Why to do things at a large scale, start from home. This includes some situations like – (a) cost of making food (b) efforts to meet the health and safety requirements (c) marketing (d) insurance (e) cost of equipment (f) packaging etc.  Everything demands money for instance a good packaging may cost up to €5,000. Think, calculate and then spend. Look for the cheaper way outs. Gradually with time who knows, you may become able to run your own food truck or restaurant.

Appliance fixer

Washing machine, fridge, dishwasher and other appliances need regular repair and maintenance. If you can do this then congratulate yourself, as this work has no off-season.  To start such business, the approximately required amount is €3000 to 6000. It is vital to keep the advanced tools according to the latest designs as well as technology of the appliances. Also, keep updating yourself on the latest trends and technological developments and upgrade your toolbox and skills with the right amount of information and practice. Keep a financial back up ALWAYS. For instance, some emergency loans in Ireland are available on affordable rates. These are online and several deals are available. Lenders like Euro Borrow, Amigo loans, Pounds to Pocket can offer satisfactory choices, but don’t forget to compare.

To advise you something, decide a decent call-out rate. €50 is perhaps a just amount. Later according to the progress in work and increase in number of customers, you can change it to a more promising amount. It is your own business and everything is on your discretion. Just forget not to stay reasonable and calculative, do not demand the money more than the current prices.

Gardener

This sector is good if your concern is of a business with a low cost set-up. Gardeners are not as easy to find as they were one or two generations before. This is the right time to grab the opportunity and become the demand of the people, in a desperate need of makeover of their gardens.   

This may sound amazing but a basic business in this field can be started in less than €1000. Isn’t it so great? Certainly it is. This business depends a lot on the season; summer and spring are the two seasons in which you can expect most of the work. Use the small tricks to get new customers, for instance, if grass-cutting is your work then do not forget to put a sign or mark with your mobile number.

There is nothing like living life on your own conditions. Having a business of choice gives ample time to live life with relief and peace. There is no struggle for time management. After all, flexibility is the biggest factor that accompanies self-dependency.

Decide the working hours, invest adequate time and efforts and do not forget to avoid greed. Exaggerated desires lead to only a messed-up life. Give the remaining time to your hobbies and other passions and live with no compromises. Once again, congrats, you have become your own boss in just € 10, 000.

Description

It is not difficult to become financially self-dependent, just right type of approach and a certain amount is necessary. Know some ways to start a business in € 10, 000 or even less.

Personal Loan Vs Gold Loan