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The Way to Have more Money...

August 26th, 2007 at 09:07 am

I was excited to see my Challenge top 2K. But when I shared the “good news” with Mr. Bean yesterday, he said, “Really, that’s all you’ve made?” Typically when he says something contrary I get angry, but this time I just kind of chuckled and said, “Yes, I know!”

$2000 isn’t inconsequential, but when I think of all the babysitting and selling over the last 8 months, and all of the thought put into finding new babysitting jobs and finding new things to sell, I can’t help but think that it doesn’t amount to a very big hill of beans.

That being said, as a graduate student, my income isn’t very high. Stashing away this $20 Challenge money differentiates me from many of my grad student peers who end up going into debt during their graduate careers. But, it just really drives home the point that the best way to earn money is to have one decent paying job. The amount I’ve brought in over the last 8 months is roughly equivalent to the take home pay of one month of work for someone making 65K / year.

Maybe I’m just fatigued, but I’m looking forward to being back in the real working world again and just having ONE job with a decent salary!

6 Responses to “The Way to Have more Money...”

  1. scfr Says:

    Graduating debt-free will put you several steps ahead of your peers who will have to climb out of the hole of debt they have dug for themselves.

  2. carol Says:

    scfr has it so right. May I add my congratulations for working to graduate debt-free? Keep it up.

  3. Nic Says:

    Congrats.When I was in colleg,2K was a TON of money. Now that I'm semi-retired,well,2K is a still a TON of money.

  4. threebeansalad Says:

    Sadly, I'm not going to be debt free when I leave grad school. I do have student loans from undergrad. Luckily, they are reasonable and I haven't taken out any loans in grad school. This puts my net worth in the black.

  5. baselle Says:

    2K is great - its 2K that you wouldn't have otherwise. But your time is valuable. In a sense you are doing this as a side business, so you'll have to decide whether the baby/house/pet sitting is really worth it to you.

    Congrats on not taking out a lot of student loans for grad school - it gives you a lot more flexibility for the future, and those loans aren't forgiven even if your finances completely crash and burn.

  6. Frugal.Homemaker.Plus Says:

    You're doing great! Grad school really was a challenging time for my husband and I as well, and any extra money made us very happy! We both went at the same time. I taught and had tuition waived and got a stipened, and my husband got a similar deal being a graduate assistant in a lab. 2K would have been an awesome amount of money for us at that time in our life! (Well, it still would be, but my husband alone earns quite a bit more than both of us combined at that time in our marriage!) You'll be so glad you did not take out loans for grad school.

    Thanks for stopping by my blog. I'm really encouraged by the 20 dollar challenge you've been doing. Maybe we will actually win our 3K challenge!

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