If we'll ever get in touch with alien species, first of all we need another mental state in our own yard. We can't get along with ourselves, most of us are living their lives in order to be able to survive. We should need to reach the point where humanity is working for an improved species, aka the humans or terrans. The houses and other necessities should be no problem to achieve and everyone would get to work for a brighter future, a better planet, a better species. I don't want to go offtopic but it's not offtopic imo. Before we think about first contact, we should think about our mediocre society/societies.
If we would have first contact with an alien species that is more evolved than us, in the state that we are, then god help us, they won't stand our stupidity.
And if we are to make first contact with a less evolved species, god help them because we are a specie of tards and greedy selfish sociopaths.