MIND YOUR BUSINESS
paying off debts. Creating goals can help you turn vision into reality.
Invest in education and skill development: By attending continued education like on-the-job training, online and certification courses, you are investing in yourself and your future. This demonstrates your commitment to your personal and professional growth, which can lead to better career prospects and financial rewards.
Start your own business or side hustle: Today, almost half of Americans have a side hustle outside of their day job to generate additional income. Consider your interests and options to set yourself up for success.
Work to build strong personal and professional networks: Having strong connections in your personal and professional life offers many benefits. You have access to support, mentors, opportunities and so much more.
Now is the ideal time to set yourself up for professional success and take steps toward economic empowerment. To learn more about starting a new business and earning some extra income, visit Herbalife.com.
personal finance, budgeting, investing and managing debt. The survey also revealed generational differences. For example, Gen Z and millennials are the most likely to currently feel economically empowered (66% and 70%, respectively) compared to 51% of Gen X and 52% of American baby boomers. Interestingly, over half of both Gen Z and millennials have a side hustle compared to 35% of Gen X and only 7% of baby boomers.
"There are many opportunities available for people looking to achieve economic empowerment by starting their own business," said Ibi Montesino, executive vice president, chief of staff, Herbalife. "For example, network marketing allows you to start a business at a manageable cost, plus receive ongoing training, resources and support."
Calleja and Montesino suggest these tips to help people take steps toward economic empowerment:
Improve your financial literacy: Learn more about effectively managing, saving and investing your money. This can include budgeting, eliminating debt, buying insurance, exploring investments and creating retirement savings plans.
Set clear financial goals: Goals should be specific, measurable and achievable for your short-term and long-term future, including saving money regularly and
"Today, almost half of Americans have a side hustle outside of their day job to generate .... income."