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RE: A little something on the side

in LeoFinance3 years ago

You know, this is a rare time in the United States, where almost whereever I go, I see signs of "we are hiring". Here is the trick, its not good news :)

Lot of these are near minimum wage job. I was talking to the receptionist at a Mariott Resort in Phoenix, AZ. Just couple of days back during my trip. We stayed 1 night at this place before we went to the GC. This young lady gets paid $15/hr, no benefits. Mind you, this is not flipping burger, or harvesting tomatoes. She have to look good and smile and check-in guests. Need decent professional clothing. That is $2400 a month, at 40 hours/per week. She is happy to have a job and not complaining, but did mention that if she does baby-sitting, she can earn more money, but obviously that is not a resume builder!

Phoenix is not an expensive place in the US, and she is single, so she can get by okay. Also she is saving money and hoping to get into nursing school, so there is a silver lining in future, but point is, if you have a side hustle (like baby-sitting for example) you may not want to take this job at the Mariott. Especially if you are still getting some government subsidy. This is a very interesting dynamics.

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Absolutely, a side hustle has to be acknowledged for what it is too, so unless choosing a useful job that does add to a resume or, brings other benefits, the money is all that matters. Flipping burgers can be fun. I have friends who do some basic course and teach Zumba classes - as that way they can stay fit doing what they enjoy and earn at the same time - one of the people doing this is a person who is a management-level professional in an IT company in her early 50s. She loves it.

but point is, if you have a side hustle (like baby-sitting for example) you may not want to take this job at the Mariott.

For sure. I'd be flipping burgers before part-time at a hotel - it is brainless, people are fun and I can think other things while doing all of the tasks.

But, for someone working 40h and not having enough to invest, a side hustle can give that extra 10% or so to create some kind of portfolio. In crypto, that might be enough given time :)