Comments on: Sometimes, you just need to make more money http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money/ Personal finance blog for college students, recent graduates and everyone else -- including entrepreneurship -- for getting rich. Featured in the Wall Street Journal and New York Times. Sun, 21 Mar 2010 11:47:10 -0700 http://wordpress.org/?v=abc hourly 1 By: Barbara Saunders http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money/comment-page-1/#comment-95640 Barbara Saunders Mon, 20 Apr 2009 21:03:09 +0000 http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money#comment-95640 When I was younger, I dismissed (perhaps was made uncomfortable by) the "new-agey" books I read that suggested that underearning is a matter of self-esteem. I've changed my tune. The concept is prone to oversimplification, but: I spent the past two years working at two nonprofit organizations after two years working with a company that consulting to the Fortune 500. I found that my self-esteem was actually too high to fit in, and that feeling I deserved more money was a part of it. I felt that my coworkers and I were simply undervalued, relegated to "hired hand" status by the management and paid accordingly. ("Hired hand" being one coworkers words for her own level.) Without even thinking that my skills are extraordinary, my position is that ANY college graduate with 20 years of work experience is more than a hired hand and should not be treated or paid as such - unless the person truly has some personal problems! So, I think it's important that people who are struggling consider the possibility that they are earning at the level of an old - and diminished - conception of themselves. When I was younger, I dismissed (perhaps was made uncomfortable by) the “new-agey” books I read that suggested that underearning is a matter of self-esteem. I’ve changed my tune.

The concept is prone to oversimplification, but: I spent the past two years working at two nonprofit organizations after two years working with a company that consulting to the Fortune 500. I found that my self-esteem was actually too high to fit in, and that feeling I deserved more money was a part of it.

I felt that my coworkers and I were simply undervalued, relegated to “hired hand” status by the management and paid accordingly. (”Hired hand” being one coworkers words for her own level.) Without even thinking that my skills are extraordinary, my position is that ANY college graduate with 20 years of work experience is more than a hired hand and should not be treated or paid as such – unless the person truly has some personal problems!

So, I think it’s important that people who are struggling consider the possibility that they are earning at the level of an old – and diminished – conception of themselves.

]]> By:   Supplementing your income with side projects by Communications from DMN http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money/comment-page-1/#comment-91744   Supplementing your income with side projects by Communications from DMN Thu, 12 Mar 2009 09:01:06 +0000 http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money#comment-91744 [...] as simple as that. Sure, we all could do with making more money. But it’s not as easy as some people would have you [...] [...] as simple as that. Sure, we all could do with making more money. But it’s not as easy as some people would have you [...]

]]> By: Mark http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money/comment-page-1/#comment-85141 Mark Sat, 27 Dec 2008 21:32:37 +0000 http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money#comment-85141 After awhile you run out of expenses to cut and have to generate more income. You have to develop multiple streams of income. After awhile you run out of expenses to cut and have to generate more income. You have to develop multiple streams of income.

]]> By: Debtor http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money/comment-page-1/#comment-84318 Debtor Thu, 18 Dec 2008 18:25:17 +0000 http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money#comment-84318 I agree with that reader. Being frugal sometimes isn't enough. For me it's more than that. I've been doing everything to try and make some extra income on the side. It's been a little slow though. I agree with that reader. Being frugal sometimes isn’t enough. For me it’s more than that. I’ve been doing everything to try and make some extra income on the side. It’s been a little slow though.

]]> By: Tiffany http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money/comment-page-1/#comment-84303 Tiffany Thu, 18 Dec 2008 14:48:36 +0000 http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money#comment-84303 I weighed the benefit of getting a second job, and have decided to just do some over time at my current job. While it can be rough (doing the same job, just more of it), I have found the "easy" stuf to do for the OT (usually at home). In addition, if I were to get a second job, I probably wouldn't be making too much more then minimum wage at it, while every hour of over time at my current job pays time and a half. And if I work holiday's, it's time PLUS time and a half. Same ol' job, just more of it. Whatever it takes. ;) I weighed the benefit of getting a second job, and have decided to just do some over time at my current job. While it can be rough (doing the same job, just more of it), I have found the “easy” stuf to do for the OT (usually at home). In addition, if I were to get a second job, I probably wouldn’t be making too much more then minimum wage at it, while every hour of over time at my current job pays time and a half.
And if I work holiday’s, it’s time PLUS time and a half.

Same ol’ job, just more of it. Whatever it takes. ;)

]]> By: Jenny Blake http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money/comment-page-1/#comment-83977 Jenny Blake Sat, 13 Dec 2008 23:42:09 +0000 http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money#comment-83977 I wrote a blog post on how to make extra money by using craigslist as an "extra income dartboard" if it's of use to anyone: http://www.lifeaftercollege.org/blog/2008/03/12/craigslist-as-an-extra-income-dartboard/ I wrote a blog post on how to make extra money by using craigslist as an “extra income dartboard” if it’s of use to anyone: http://www.lifeaftercollege.org/blog/2008/03/12/craigslist-as-an-extra-income-dartboard/

]]> By: Frugality – Ur Doin It Rite | Momma's Blog http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money/comment-page-1/#comment-83869 Frugality – Ur Doin It Rite | Momma's Blog Fri, 12 Dec 2008 16:55:40 +0000 http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money#comment-83869 [...] Sometimes, You just need to make more money - Ramit @ I Will Teach You To Be Rich [...] [...] Sometimes, You just need to make more money – Ramit @ I Will Teach You To Be Rich [...]

]]> By: Jon http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money/comment-page-1/#comment-83867 Jon Fri, 12 Dec 2008 16:26:29 +0000 http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money#comment-83867 Great advice! One thing I've been doing for the past couple years is valeting one night a week. It's an easy and enjoyable way to make $20/hour cash, plus you get a good workout! I've also been able to profit from the networking opportunities valeting provides, and it's so low-stress it's a great change of pace from my day job. Great advice! One thing I’ve been doing for the past couple years is valeting one night a week. It’s an easy and enjoyable way to make $20/hour cash, plus you get a good workout! I’ve also been able to profit from the networking opportunities valeting provides, and it’s so low-stress it’s a great change of pace from my day job.

]]> By: generation millionaire http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money/comment-page-1/#comment-83856 generation millionaire Fri, 12 Dec 2008 13:18:11 +0000 http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money#comment-83856 Another great way to make money is surveys. Companies are always wanting to test thier products, have focus groups and are willing to pay. Look for a local marketing company and give them a call and get on the list. If you qualify for a test you can make any where from $20 to a few hundred dollars for a few hours work. Another great way to make money is surveys. Companies are always wanting to test thier products, have focus groups and are willing to pay. Look for a local marketing company and give them a call and get on the list. If you qualify for a test you can make any where from $20 to a few hundred dollars for a few hours work.

]]> By: Dennis http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money/comment-page-1/#comment-83817 Dennis Thu, 11 Dec 2008 23:03:26 +0000 http://www.iwillteachyoutoberich.com/blog/sometimes-you-just-need-to-make-more-money#comment-83817 I'm a full-time German teacher, but I also speak French, Russian, and Romanian. After I finished my undergraduate degree and found my first teaching position, I immediately began tutoring/teaching on the side to pay down student loans and college debt. In some US cities, especially the Northeast and the Great Lakes region, there are people willing pay more than $30/hour for this kind of service. I’m a full-time German teacher, but I also speak French, Russian, and Romanian. After I finished my undergraduate degree and found my first teaching position, I immediately began tutoring/teaching on the side to pay down student loans and college debt.

In some US cities, especially the Northeast and the Great Lakes region, there are people willing pay more than $30/hour for this kind of service.

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