Navigating The Cost Of Living Increase | Vertex Academy | 2024

cost of living increase

Navigating The Cost Of Living Increase | Vertex Academy | 2024

The UK’s present political crisis is impacting all other aspects of life, including the economy. As a result, the cost of living is growing exponentially, making life tougher for people with a limited budget. With winter right at the doorstep, the situation is going to become more difficult. Therefore, many will be looking for better-paying or part-time jobs to earn more. If you are interested in the private security sector, you can complete a door supervisor course or CCTV course to find jobs.

Current economic hardship

At present, the worst cost of living crisis in a generation is unfolding. A little research will point out the following issues people are facing at the moment:

Inflation was 11.1% in October, up from 10% in September

The cap for energy bills has increased to £2,500 from the previous £1,971 for the annual bill

For several households, the choice is now between eating and heating

While the summer was already challenging, and the winter is going to be worse. The problem will be bad for those that must make the difficult choice between putting food on the table and heating their homes. Since the pandemic, the country has been suffering. Due to the disrupted supply channels, items are already costing more. The global situation, including political upheavals, is adding to the price of oil and gas. In short, the situation is turning dire.

Cost of living increase solution

When facing such a situation, most experts will advise you to reduce your expenditure and stop buying things which are not necessary. The problem is, despite trying your best to live on a shoestring budget, there are unexpected expenses and managing them may cause massive debt and severe stress. If you wish to avoid facing this, looking for another source of income is a good place to start. The private security industry is always in need of trained professionals. You can start earning extra by working part-time or during the weekends.

Several options for you to explore and consider

If you wish to explore different industries and not focus on only one, there are several courses for you to consider. Not being a native English speaker or not being good at maths need not be a hurdle. You can begin with the basics and build up from there, and the functional skills in English and Math course will help. You can also complete the level 3 emergency first aid at work course. It will give you the knowledge and means to keep yourself and your colleagues safe in the work environment. It will also help build the basics for several other courses.

Why is the private security industry perfect for a side hustle?

The suggestion of joining the private security industry as a side hustle to earn extra is a useful piece of advice you will find. This is because of the following reasons:

The industry is pretty stable

There is always a requirement for more people

Most of the time, the job responsibilities are not too difficult

There are several part-time opportunities available

The training courses are not long, and they do not cost a lot

There is serious scope for growth

The shift timings are flexible, and so are the work hours

The pay is pretty good, especially if you are doing it part-time only

Therefore, the private security industry is a great choice if you are interested in a job that will help you earn some extra money to continue your current lifestyle without going broke or experiencing too much stress.

We offer one of the best, most dynamic and effective security training courses, with helpful advice for obtaining your SIA licence. We have other basic courses available too, which can help you find your calling and career. Please get in touch with us today to learn more about the courses and possible options for you, or check out the fee for the courses we offer. We can assure you that the outcome will be beneficial for you.

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