I have worked or volunteered close to full time in nonprofits for about ten years. Money has never been that important to me. Obviously, I want to have enough to do the things that I enjoy but I can do that on an annual salary of about 26k to 30k. In my last position I was making about double that which was just astonishing to me. I thought that maybe I would make that much at the peak of my career twenty years from now. So, in my 6 month lucrative position I bought a company and enjoyed a very nice trip across California.
I've realized that people definitely consider around 30k not a whole lot of money. I also know that I'm pretty good with about that much. I have also busted everything that is in me over the last several years to make about 30k. After taxes a monthly take home paycheck is between $1600 and $1800. Of course, that usually includes benefits... but I'm just talking strictly cash.
Since people don't considere $1700 a month to be very much I started thinking it must be easy to find a way to bring in that much each month. And, after a little research I think it actually is! Look what I have discovered:
Housesitting or Hosting an International student: $500 a month
Renting out a room in your home: $600 to $800 a month
A Part time Job working about 10 hours a week: $500 a month
Contract Work: nannying/updating websites/ or selling personal items: $200 a month
You hardly even have to work! I was just shocked. Maybe the rest of the world already knew this. I did not. You clearly have to be flexible, and maybe even a bit entreprenual. You probably can't do this while you have teeny kiddos. However, this is definitely changing the way that I evaluate how I spend my time. Two part time jobs at about 30 hours a week total get me up to a 30k salary. It wouldn't take a lot of effort to be at double that ammount and that could all go into savings/401k accounts.
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