Thursday, July 31

Middle Class Lifeboat

Middle-Class Lifeboat; careers and life choices for navigating a changing economy, by Paul & Sarah Edwards.
I've checked this out twice, but didn't get to spend much time with it either time.This time it got lost in the painting and entertaining which took up most of July.

"Middle-Class Lifeboat" identifies over 50 careers the authors feel are financially secure, many of which you can do from home. Here's one option that caught my eye: Disease Management. With diabetes and other long-term chronic illnesses on the rise, jobs have emerged to work with patients "proactively managing a chronic medical condition that brings together physicians and support services to assist patients in taking better care of themselves." The job-holders duties range from direct patient contact, ordering supplies, providing education about the disease, to running groups, keeping in contact with physicians, nurses, family, and neighbors, or daily monitoring of statistics (e.g. blood sugar for diabetics.)

For each career, the Edwards provide an "Economic Reality Fit." Is the work/product necessary or discretionary? Can it be replaced by technology? Can it be sent offshore? What is the status of the industry?

They also list "Personal Reality Fit" factors such as start-up costs, overhead, potential earnings, flexible hours, overall stress, and ease of bartering, give a "Durability Rating," list likely transferable skills, give suggestions on what to charge, the best ways to market the skill/product, and give tips for getting started.

Finally, they list associations, books, and web sites to turn to for more information.

The career information forms the bulk of the book. In addition there are ideas about financial planning, simplifying, moving to a place with a lower cost of living, and staying "financially afloat whether the economy is up or down."

I'm going to check this out again. I'm definitely not done with it.

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