31–40 of 115 posts
Focus on cutting unnecessary expenses... As that serves double duty: saves that $100 and simultaneously reduces the savings burden to retire. As for "dumb" things you can do: cook more at home, pregame before going out, do activities that are cheap or free (eg bike rides instead of theaters), bike more instead of driving everywhere, read library books, etc (The benefit of these over "do consulting" answers also lies…
Another side of the coin is at $100/week that's $5k a year. What if you 'worked on your career' and got a $5k raise? Do that once and that $5k will be there every year from that point on.
At what point does that stop panning out, though? My pay is somewhat above average and management is unlikely to give me a big raise going forward without a promotion. (And at my work the next promotion would be a sort of 'team lead' position, which I'm uninterested in.) I guess that was just a long winded way of saying: I understand where this is coming from, but in some situations the logical next step may actually…
It makes me wonder if it's a good idea (in regards to passive side-income) to make a benevolent site that appeals to the general population or a niche with targeted, unobtrusive ads, rather than trying to make the next amazing service or killer app.
I know a dev who moonlights as a cycle courier. Aside from the extra cash, it's a good way to mentally decompress away from tech, and to get the sort of exercise you tend not to get in an IT job.
Like, on weekends? I can't imagine the demand for bicycle couriers after 5PM is really that large.
I've often seen bicycle couriers in my city and wondered what it would be like to do that part time to get away from the stress of work. Then I see them from the tram on days when it's raining, snowing, windy...
There's no such things as easy when it comes to making money. You'd have to put time and energy into it.
Another side of the coin is at $100/week that's $5k a year. What if you 'worked on your career' and got a $5k raise? Do that once and that $5k will be there every year from that point on.
On the other hand $100/wk now + interest is worth more than a $5k bump some months from now distributed over the following 12 months.
Earlier quoted context omitted.
On the other hand $100/wk now + interest is worth more than a $5k bump some months from now distributed over the following 12 months.
This isn't true on the span of a single year due to market volatility.
Another side of the coin is at $100/week that's $5k a year. What if you 'worked on your career' and got a $5k raise? Do that once and that $5k will be there every year from that point on.
At what point does that stop panning out, though? My pay is somewhat above average and management is unlikely to give me a big raise going forward without a promotion. (And at my work the next promotion would be a sort of 'team lead' position, which I'm uninterested in.) I guess that was just a long winded way of saying: I understand where this is coming from, but in some situations the logical next step may actually…
Earlier quoted context omitted.
On the other hand $100/wk now + interest is worth more than a $5k bump some months from now distributed over the following 12 months.
This isn't true on the span of a single year due to market volatility.