How employee make additional money while they still work

Today, an employee should be clever to generate money than before. The crisis cause some employee cannot fulfill the daily necessity. Ask to increase salary is impossible due most company also suffer loss. Finding jobs is not a good option too.
However some employee can generate money to fulfill their need. With doing some jobs, they can pay the mortgage, leasing, and other credit. The employee does not need to trim down the food expenses and they may still invest at stock or buy precious metal. Here are some option to add the revenue:

1. Extra hours
Your boss may ask you to work at extra hours. If you are health and strong, you can take the extra hours. The employee will get extra salary from your boss.

2. Teaching at night
Some professional or employee also teaches university or college at night. Teach any subject that is similar to your jobs. For example, a public relation of the company can teach about communication at the university. By teaching, an employee can share the knowledge and experience in the office. Most university need the professional from company to teach at their university.
You can also teach in the morning if your boss permit it.

3. Online business
An employee can open a business online. They can open an online shop that does need much money. They can start beginning the business with dozen dollars only. The employee can get benefit from twitter to promote their business. Working online does not need much time. You can do it after working at the office. You can also use rest time to do some online business. 

4. Be a consultant
Some employee can be a freelancer consultant. My friend is an accounting in a retail store but he also work for the accounting and tax consultant. He often fill the tax form and improve the tax form of some company. 

5. Writing
In my country, a worker from a  bakery become a famous writer. He used to work for the company from morning to the afternoon. He was only a high school graduated that baked the bread. In the night, he write some fiction article and send it to a fiction magazine. Now, he has published dozen fiction books. Surely, he does not work for the bakery company again.
If you like writing, you can also open a blog. Reach so many visitor with your blog and get money from ads or product.

Risk that can harm retirement fund

Some people fail to get the retirement due it some factor or risk. The employee should notice that some risk that can derail the retirement and they have to prepare with it. There are some action that you can do:
Losing jobs
Due economy tight, the company cut some spending including employee. They need to cut the spending in order to survive.
Losing a job could be harm for some people. They cannot contribute to the retirement again. The retirement fund must find the jobs to overcome this situation.
They can open a business to overcome the uncertain economic.
Sick and illness
Sick people cannot work well; the income and revenue must be decrease. The company may fire the employee who often alpha due their sick. The company must replace sick man with new health employee. The company does not want to loss with the sick.
If the sick is worst such as cancer, the employee should spend more money. They may withdraw the retirement fund. To cure the cancer, they should remove it from the sick with surgeon. The cost of the surgeon is pricey.
An employee should keep health. Do not eat any food that harm to the health body. The employee should sport regularly. There are some cheap sport like running, walking, biking, and others. The sport may not avoid you from sick but it can reduce the sick risk.
The recession
The recession affect our saving and investment and also our retirement too. Most stock fell and most investor sell the stock. They use the money for other investment. There is few investment that can generate return like gold and other precious metal.  Some retirement fund asset may decrease due to its decrease assets.
In economy tight, the goods and service price is also increasing. The increases goods make us spend more money for the same quality and quantity of goods.
Natural Disasters
The Japanese quake and tsunami has crushed so many building, crop field, vehicle, boat, power plant, and so. The insurance cannot replace the loss because the loss is predicted 2 billion dollars.
It is important to save your asset in various things. You can buy the asset at other place.
Divorced
I hear that the divorced in West Country is pricey. I heard a basketball superstar has to share the assets with the ex wife.
In East country, the wife will not get the husband assets unless the husband permits him. It is illegal for wife to grab the former husband assets.
That is why some husband in West creates a pre-wedding contract that guarantee the assets.

Freelancer versus employee: which side are you?

Some people choose as freelancer while some other prefers as employee. The freelancer thinks that the freelancer is better than an employee because they can get more money. They can stream income from various sources such as payment, royalty, goodwill, and others. They can still work to for some university or school that needs experienced people.
Meanwhile, the employee feels comfort with the monthly salary. They can receive regularly payment from the boss that the freelancer does not receive it. With regular payment, the employee can manage the money easier than the freelancer.
The employer also set aside the salary to retirement fund such as IRA, or 401k. Those retirement fund can be withdrawn when you retire or when you quit working.
Some company facilitates the clinic that you can visit when you sick. The clinic provides some medicine. You do not have to spend money when you got sick. Some company allows you to bring your kids to clinic.
The company also pays insurance for you. When you got accident in factory or office, the company will pay the health cost.
However, not all company will pay the medical benefit, retirement fund, and insurance. Some company employ outsourced employee that has no right to get those items. The employee also grumbles to lower salary. Sometimes the claim payment is low.
As an employee, we should attend at the office at the morning and go home at the afternoon. If the boss orders you overtime, you may work overtime or not. The boss will pay your overtime. On other hand, freelancer does not need go to office every day. The freelancer can start work when someone orders the job or project. With so many empty times, they can do anything to collect some money.
A company usually retires the employee at 55 or 60 old years. The old man is not productive for the company so they should replace the old man with the young people. After retire, the employee must be difficult to find jobs. On other hand, freelance workers do not recognize retire. They can work as long their body health. Some company still hires the old consultant for doing some projects.
Some freelancer prefer to work for themselves and be own boss. They do not want any boss that angry to them or order them; meanwhile, an employee should obey what the boss said. Some boss makes the employee mad because he or she often shout load.