“Monday, Monday — so good to me.” Rise and shine, money nerds. It’s time for another day in paradise. To help you start the week off right, here are some recent top money stories.
How you can make $500,000 per year. [Auren Hoffman on Quora] — “Even if your goal is not money, following these steps (save the fifth one) will help you achieve success in any organization you are in (including teaching in a school, being a soldier in the military, being a firefighter, working at a non-profit, and more).”
steps if you are not already making $200k in your job:
(1) do everything you say you are going to do
(2) manage your boss and colleagues — don't make them spend time managing you
(3) proactively help the org
(4) be positive (don't complain)
(5) report to someone making > $200k
— Auren Hoffman (@auren) May 16, 2019
Downsizing to one car can do wonders for retirement finances. [The Globe and Mail] — “As terrible as it for your finances, owning two cars is often unavoidable. Take two working parents, add kids and you have a strong convenience-based case for paying the many costs of owning and maintaining a pair of vehicles. Add a home in the suburbs and the argument gets even stronger. But owning two cars stops making so much sense later in life. In retirement, you can save a bundle by going down to one vehicle.”
10 small joys of early retirement. [Part-Time Money] — “We all are aware of the big benefits of early retirement: the freedom of time, the ability to travel, and, of course, not having to work. But what about the little things? What about the small joys that pop up in early retirement?…What follows are ten small joys (i.e. the little benefits) I’ve found in early retirement.”
And just because we’re all nerds at Apex Money, today’s bonus link is extra nerdy. Want to parlay your D&D skillz into big bucks? How about becoming a professional DM?
The rise of the professional dungeon master. [Bloomberg Businessweek] — “At the higher end of the professional price spectrum is John Clark of Los Angeles, a studio department head for Paramount by day and DM to the stars by night…In addition to catering to his celebrity clientele (he politely declines to name names), Clark offers hourlong private lessons at $100 a pop.”
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