Comments on: Updating Real Earnings Analysis

By: Kristia

Kristia — Sun, 21 Jun 2009 02:54:56 +0000

After reading this article I will take a closer look at my part time income, work commute and related costs. Thanks! Kristia’s last blog post: Just Say Thank You

By: Funny about Money

Funny about Money — Thu, 18 Jun 2009 03:28:12 +0000

The university has been steadily cutting my salary since February. Yesterday I did a little number-crunching and discovered that SS plus a 5% drawdown of retirement savings will produce a net that's HIGHER than what I was at the Great Desert University before the furloughs. Higher still when you delete the commute, which today -- because I drove -- cost about $6 round trip. It's $2.75 r.t. on the train. But still...$13.75 a week. Funny about Money’s last blog post: Support Iranian voters

By: Cath Lawson

Cath Lawson — Wed, 17 Jun 2009 17:40:56 +0000

Hi MM – I’m pleased you’re enjoying your new job and that it’s working out well for you financially.

I’ve always enjoyed being self employed and I’m not ready to have folk working for me again just yet. But I do get lonely working alone and I have considered a part-time job.

But when I crunch the numbers it just doesn’t seem worthwhile for me. If you’re not working a full day, the travel costs really do eat into your salary. And as you mentioned, there’s also the travel time “costs” to consider.

Another problem is, since I began reading your blog, I’ve learned to live so frugally that I guess I’m not motivated enough to increase my income.

Cath Lawson’s last blog post: Would You Jump Off A Cliff To Find Out?

By: MoneyFunk

MoneyFunk — Tue, 16 Jun 2009 13:22:32 +0000

Ah, I will have to figure out the real calculations. But with my modest salary, I believe (as I once calculated it before) benefit from about… only 1/2 of it. Sad, sad truth. That is why I need to become really financial saavy and make my money work to its best advantage.

MoneyFunk’s last blog post: Where’s your Basil?