Tag Archives: financial fitness

How to Divorce Your Job and Keep the House – #1

Let’s have a virtual show of hands, “Who hates their day job?”

raised_hands
Click to take the poll. See the results in the next post.

Everyday at mine, I encourage youths to really think about what job they will have and make sure it’s something they enjoy while my distaste for my job slowly grows. Believe it or not, I actually was excited when I began about what I how it would help me reach my personal goals and enjoyed it up until bureaucratic changes sapped all the joy from it. It’s become an abusive relationship. So I think it’s time to divorce my job just like I did my cheating, abusive ex.

(Was that TMI?)

Of course you should never rush into a divorce with a spouse and the same thing goes for your job. I’ve been contemplating this change for about the past three years and researching how to do it successfully,  keep my house (the job can keep the kids and the pets), and progress towards full-time self-employment. My (Blogging 201) goal is for this to be a new biweekly post series, filled with tips, research, and my own personal experiences. So on to the first tip.

ECVtalkbubbleTip 1: Have a side-hustle, side-gig, or alternate income stream.

Most everyone is looking for ways to supplement their income these days. I’ve been doing it myself for about 10 years now. While there have been good and not-so-good years, I’ve persisted which is a key trait when your goal is to be self-employed.

Don’t know what you might be able to do?

Well if you’re reading this you might be a blogger. Fellow blogger Charlene Oldham talks about opportunities to get paid for your writing. She also suggested the site Elance.com. This site actually suggests work based on the skills you enter when you register. Check it out for ideas or do a web search for similar sites.

Check back in two weeks for a list of side-gig suggestions.

Teen Money Guide – 2

SIFMA infographic

The infographic above applies to the US and I found it in a program I’ve used previously. You see, I happen to teach a class that focuses on Financial Literacy (at least the way I teach it) yet unfortunately this is slated to be the last year it’s offered in its current incarnation.

So where do parents, teens and teachers who want to try to cram valuable instruction into an already crammed curriculum go to get the basic education in handling money that’s missing from most school districts?

One source is H&R Block. Their Dollars and Sense program has valuable resources for all three groups to guide teen acquisition of money management skills.

Local banks and universities are another great source for providing your teen with a financial education due to the obvious absence in many public schools.

What resources are you using to teach your teen about money and contribute to their lifelong financial wellness?

How to Divorce Your Job and Keep the House – 4

Here it is after our summer hiatus, the much delayed follow-up post in the Divorce Your Job series on sharing what you know. Yes, it’s later in the day than it should be but it’s still on schedule since it’s Friday.

 Cats celebrating Friday

While you can pretty much find any and everything on the internet nowadays sometimes people just need or want that face-to-face or one-on-one interaction to answer any specific questions they have. Thus a money-making opportunity for you arises.

Think about the things you know how to do well. Don’t exclude anything no matter how insignificant you may think it is. Great at making a spreadsheet or formatting a document file? Know the ins and outs of organizing a closet? Or maybe you’re Mr. Fix-it when it comes to an assortment of household repairs? Then consider teaching or tutoring someone in your specific skills.

There are a variety of sites out there that do everything from connecting you with potential clients to helping you create an online instructional program. Here are just a few:

Thumbtack
You’ll notice our Thumbtack widget in the left sidebar. We use this site for the tutoring side of ECV but you can also use it if you perform different services like photography and event entertainment. You set up your profile and the site funnels clients in your area to you. To respond to  a potential client, you have to buy quotes for a nominal fee. Still it’s a good way to expand your client base in your quest towards divorcing your day job.

Udemy and Skillshare
These sites are like online academies that you can apply to be an instructor and create your own course. While Udemy says that it’s free to create your course, Skillshare mentions that the cost to create your online course can vary based on the tools you use. If anyone has used either of these, please tell what you thought of them.

Also if you know of any other sites that we should know about, please mention them in the comments.