Tips For Hustling

The New Financial Advice is shaping up to be a real bummer: if we know anything, it is that we should expect to earn and achieve less, to be unemployed more, to carry debt always, and not to live where we want, but where we can. But beyond accommodating ourselves mentally to straitened circumstances, what shall we do? The answer, it seems, is that we shall hustle.

Started from the Bottom and Now We’re Here

I was convinced that my possession of a job—any job—was nothing short of a stroke of phenomenal luck. What I discovered, though, was that there was apparently a Secret Job Finding Society in Washington, and that its members included everyone in the city but me.

Friday Estimate

It's time to estimate our weekends.

Every Job I’ve Ever Had: Piano Teacher, Dog Walker, Booth Babe, Executive Assistant, Writer, and More

As should become immediately obvious, many of these jobs were held concurrently.

Millennials Now Earning a Median-Wage Income at Age 30

Through analyzing about three decades of census data—from 1980 to 2012—the study found that on average, young workers are now 30 years old when they first earn a median-wage income of about $42,000, a marker of financial independence, up from 26 years old in 1980.

About a third of adults in their early 20s work full time, a proportion that rises to about half of adults in their late 20s. The labor-force participation rate for young people last year declined to its lowest point in about 40 years, according to the report.

WSJ takes a look at a new report from the Georgetown University Center on Education and the Workforce, which shows how much more difficult it is for millennials to reach financial stability and find their footing in the workforce. One of the reasons it’s taking millennials longer to earn the median-wage income of $42,000 is that factory jobs, which used to pay decent salaries and didn’t require much more than a high school education have disappeared in the recession (not to mention, jobs in general). The factory jobs that are available require advanced skills, and those who can’t score full-time work are cobbling together part-time work in the service and retail industries while taking on internships to keep their resumes relevant. Every generation has had to hustle a little bit, but this one has a lot stacked up against them. [Report here.]

Photo: Vernon Chan

Some Hustles in Alphabetical Order (1992-2002)

Banking at night from the seat of a raggedy mountain bike, as a 16-year-old living on my own, I taught myself how to game the system. I leaned over my handlebars in the green light of the ATM screen, fed an empty envelope into the hole in the wall, pressed “cash back,” and waited. Every time, to my surprise, the machine ate the empty envelope and regurgitated a $20 bill back at me. With it, I’d buy a large bag of frozen bean-and-cheese burritos. The bank would call later; I’d apologize, say I forgot to put the check in the envelope. The hustle worked only if I did it every now and then, when I needed it, no more than once a month. I never thought to punch in a number higher than 20.

The Hustle of a Doll Maker: A Chat with Cinnamon Willis

Cinnamon, a former coworker of mine, started making dolls over two years ago. She works out of her Bronx one-bedroom at night, after coming home from her full-time graphic design job.