Side Hustles

 I was a dental hygienist. Retired sooner than planned due to arthritis in my hands.  I can make up to $17,600 and still get social security but don't want to work crappy minimum jobs with some pimple faced young kid telling me to work harder. You have other options.  

What's a Side Hustle?

SIDE HUSTLE something you do to earn money outside a traditional job.

Maybe that's an economic necessity for you.

Maybe it's an act of rebellion against "the system."

Maybe it's just plain fun.

Whatever it is, it's empowering. 

When you think of the word “hustle,” what comes to mind?

I’ve found it has two very different connotations:

One positive — “He’s not the biggest guy on the court but he sure shows a lot of hustle!

And one negative — “I got hustled by that used car salesman!”

 

Ebay, Etsy, Facebook Marketplace - 

 Many places on the internet to sell stuff that is creating dust. You can make up to $19,000 a year without declaring to IRS.

 

Craigslist GiGs  

 Craigslist does have strange jobs by strange people but there are some gems on there. Work a day collecting tickets for a trade show at the convention center - cash paid at the end of the day.  Get that flu shot but get paid to do it in a clinical trial. I found a gig transplanting potted plants for a lady that was scared of spiders. 

Facebook join neighborhood groups

  Neighborhood groups on facebook is where people post things for sale and ask about people for odd jobs. 

But I don't do the internet/can't afford computer

  The library has computers and access to the internet. Apple Stores have free classes on all subjects. You can take classes at the senior center.  

You can go OLD SCHOOL

  Post ads at the community center or pool in your neighbor. Post ad at senior center. Call local businesses you like ask about part time work. 

Invent a job

 Take stock of your abilities, talents , experiences and start a side hustle of your own. 

check out

www.Sidehustlenation.com

 

  

  

 

 

 


Side Hustles

 I was a dental hygienist. Retired sooner than planned due to arthritis in my hands.  I can make up to $17,600 and still get social security but don't want to work crappy minimum jobs with some pimple faced young kid telling me to work harder. You have other options.  

What's a Side Hustle?

SIDE HUSTLE something you do to earn money outside a traditional job.

Maybe that's an economic necessity for you.

Maybe it's an act of rebellion against "the system."

Maybe it's just plain fun.

Whatever it is, it's empowering. 

When you think of the word “hustle,” what comes to mind?

I’ve found it has two very different connotations:

One positive — “He’s not the biggest guy on the court but he sure shows a lot of hustle!

And one negative — “I got hustled by that used car salesman!”

 

Ebay, Etsy, Facebook Marketplace - 

 Many places on the internet to sell stuff that is creating dust. You can make up to $19,000 a year without declaring to IRS.

 

Craigslist GiGs  

 Craigslist does have strange jobs by strange people but there are some gems on there. Work a day collecting tickets for a trade show at the convention center - cash paid at the end of the day.  Get that flu shot but get paid to do it in a clinical trial. I found a gig transplanting potted plants for a lady that was scared of spiders. 

Facebook join neighborhood groups

  Neighborhood groups on facebook is where people post things for sale and ask about people for odd jobs. 

But I don't do the internet/can't afford computer

  The library has computers and access to the internet. Apple Stores have free classes on all subjects. You can take classes at the senior center.  

You can go OLD SCHOOL

  Post ads at the community center or pool in your neighbor. Post ad at senior center. Call local businesses you like ask about part time work. 

Invent a job

 Take stock of your abilities, talents , experiences and start a side hustle of your own. 

check out

www.Sidehustlenation.com

 

  

  

 

 

 


More Time than Money

If you one of the lucky ones to retire with enough money to enjoy your retirement , Congradulations.  For the rest of us trying to survive on social security you will realize you have a lot of free time (good thing ) but not a lot of money.  When you working you could justify shortcuts (get coffee on way to work, maids service, order food, etc , etc). 

1- WRITE IT ALL DOWN

     Keep track of your expense first the big ones that are regular expenses (rent, utilities, car insurance, car payments etc). The hard part is all the little expenses that make your limited income disappear  before you know it. Keep a notebook or a list on your phone just for a month or two become aware of the "leaks". 

 

2. ANALYSIS

    Not only of expenses but of what is important to you.  Is having your house cleaned so important that you are willing to cut something else?   Start with the amount you have to live on per month from social security or pension. Subtract fixed expenses. Now you have the amount left for food, gas , travel etc. 

 

3. MAKING IT ALL WORK.

    You have determined you can only afford to spend $150 a week on food, gas and miscellaneous expenses.  The hard part is making it work. Look at your grocery list. You have the time now would it be more cost effective to make muffins to have with your coffee? Can you spirilize your own veggies?  Break down and freeze family size lower cost packages of meat? I have a brand of coffee that I enjoy and means a great start to my day. It costs more but I make the cost by prepping my own food. You have time to go to local farmers markets and make your pesto in season then freeze it.   Does your lower income qualify you for assistance such as food stamps?  If you enjoy going out to eat do it at lunch time when the cost is lower. 

 

4. SENIOR AND MILITARY DISCOUNTS

   My mom would not ask for it but my dad didn't care and got it everywhere.  Do you have a local senior center? Senior centers are a great source of discount classes, gyms and socializing. When I turned 55 I was joyful because now I could get yoga classes at the senior center. Home Depot and Lowes offer retired/active military discount.  You have the time , search on the internet and ask when you shop. You have the time if you can't afford internet get it free at the library.  

 

5. THINGS I HAVE DONE .....

 Vegetable garden using mostly seeds from veggies I have eaten and tomato plants on sale.

 Shower in a container so I can reuse the water to flush the toilet. (shower water can have fecal matter so not recommended for veggie growing plants)

 I hate cleaning so I do a little every day (I have more time now) . I invested in a robotic vacuum which paid for itself  in less than a month of cancelling cleaning service

 I join NON-Consumer Network on Facebook. A community of people sharing ideas on saving money by reusing and repurposing. 

Make my own coffee everyday. DAH

Found a discount clinic attached to the Animal Shelter for getting my dog spayed, yearly shots and heart worm. 

Barter - find people who have something you need and trade services.  Can you mend and hem in exchange for plumbing? 

  more information on this in my next post on side gigs. 

 

   

 

 

 

 

 

 

   

    


Social Security Wait Until 66 Crock of SH*T



Social Security is based on the 35 highest earning years of your life. If you are over 60 and at the height of your earning potential then keep going and save as much as you can. Even Social Security website tells you to save because you can not live on your benefits. 
SSA data shows that most retirees earn USD 700 to USD 1,800 per month (2015). With rents in some cities starting at $1000 a month, you can not live on this amount. But if this is all you have you can make it work (more information on that is coming ). 

If you look at your Social Security account online you will see amounts for taking your benefits at 62, 66 or 70. There is a "penalty" for taking it at 62 but if you do the math it doesn't make sense to wait. Check out this example

 At 62, I can draw $1474 a month. At 66, I can draw $1924 a month. A $450 a month difference. 4 years at $1474 a month is $70,752 total. Divided by the "extra" $450 a month I would receive by waiting equals over 157 months or over 13 years to recoup the $70,752 that I did not take early. Making me 79 when I finally recoup the $70,752 that I waited on by holding off to age 66. REALLY?  

The Social Security administration is banking literally on you dying before 66. 
If you take benefits before 66 you are able to earn $17,640 at a job without losing of benefits. If you go over $17,640 you lose $1 in benefits for every $2 you go over the limit.