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5 Reasons that Stay at Home Parents Should Consider Learning to Trade Forex

5 Reasons that Stay at Home Parents Should Consider Learning to Trade Forex

If you are a stay at home parent, earning money can seem like an overwhelming proposition. However, when you look at the bills each month, it may be becoming increasingly obvious that you need to boost your family’s income. While a second job for your spouse or a part time job on the weekends or in the evenings could work for your family, these options are also very stressful. Instead, why not consider learning to trade forex from the comfort of your own home?

There are many benefits to doing so, including the following:

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Set Your Own Schedule

When you have children at home, your schedule can change dramatically from one day to the next. You may need time available during the day to volunteer at your child’s school, work on a craft project, or take your son or daughter to the doctor and nurse them through a childhood illness. If you need to be available for these parenting tasks, but still need to earn an income, it may be wise to learn how to trade forex. This home business allows you to earn money on your own schedule, while taking care of the needs of your children.

Make Extra Money

As you raise children, it can sometimes seem as though there is never quite enough money to go around. However, if both parents work, you have to pay for childcare all day for small children, or before and after school care for older children. This extra expense can make it almost seem like it’s not worth it to work at all, especially after you factor in fuel for your car, business clothes for work, lunches, and additional expenses.

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When you choose to trade forex at home, you can instead work in the clothes you already have, while keeping an eye on your children at the same time. This allows you the freedom to earn extra money without needing to spend additional money to do so. There are also money management apps that can help you keep track of your income and expenses.

Use Your Free Time Wisely

While it can sometimes seem as though you never have enough time as a parent, chances are you have chunks of free time during the day that could be used for trading forex and earning money. If your child naps, reads or plays quietly, or goes to school during the day, you have that time available to earn an income from home. This allows you stretches of time to dedicate to learning how to trade forex successfully, so that before long, you can be earning quite a nice income from the comfort of your home computer. The start up costs are quite low, making it an easy work at home business to start for stay at home parents.

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No Need for a College Degree

Many jobs require that you have at least a four year degree in order to get started, while others require that you complete specialized training on location or over the internet. When you decide to trade forex, this type of training is unnecessary. Instead, you teach yourself the skills that you’ll need, and your success is determined by your own motivation. This makes the barrier to entry especially low, allowing anyone to succeed if they’re willing to put in the work it takes to do so.

Access Work from Many Geographical Locations

In some families, accessing part time work is difficult. Maybe your family moves around a lot due to a traveling sales job or a spouse is in the armed forces, or perhaps you simply live in a remote area where there are not many part time jobs. In situations like these, learning how to trade forex can be quite beneficial, as you can simply log on and get to work, from almost any geographic location. This makes it easy to help support your family, no matter where you live. If you need to boost your family’s income, it simply makes good financial sense to consider learning these skills.

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If you need to earn additional money to boost your family’s income, trading forex may be a great way to do so. Consider getting started in this exciting field today, so that you can start paying off debt, accessing additional luxury items for your family, and working towards the savings goals that you’ve been putting off. Adding an extra income may dramatically improve your quality of life — why not get started today?

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Rob Boirun

CEO The Reviewster Network

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Last Updated on March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

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