I've decided to take a page out of Krystal's book (over at Give Me Back My Five Bucks) and resolve to make a certain amount of money above and beyond my "regular" pay this year.
Before I decide on what an appropriate amount is, I think it would be a good idea to tabulate the amount of money I made this school year:
Summer Income (3 months) $7,700
Awards and Grants $11,144
Extra Miscellaneous Income $570
Total Income = $19,414.
I think that given the substantial amount of money I made in the form of awards, and that getting those awards required a lot of work on my part (not only in preparing the application forms/essays but also in terms of extracurricular commitment and keeping my grades up), I shouldn't overload myself too much with the idea of bringing in even more money.
I'm going to set the bar at $3,000 from now until next January.
Here is what I'm going to do to get to $3,000:
1. Instead of working 12 weeks this summer, I plan on working at least 14 weeks, and make at least $1.50 more per hour than I did last summer (this means I have to make $18/hour).
2. Maintain my blog and provide an accurate account of my finances as well as any sound advice I have gleaned from my experiences.
3. Sell off my old textbooks, my violin, my mini-fridge and any unused furniture at the end of the term.
4. Tutor PT during the summer, and put that money away for school.
5. Provide my ING Orange Key (17327197S1) for those who want to sign up for a high-interest savings account. We'll each be credited $25 just for the person signing up!
6. Start marketing my jewelry more aggressively on Etsy starting in May.
Before I decide on what an appropriate amount is, I think it would be a good idea to tabulate the amount of money I made this school year:
Summer Income (3 months) $7,700
Awards and Grants $11,144
Extra Miscellaneous Income $570
Total Income = $19,414.
I think that given the substantial amount of money I made in the form of awards, and that getting those awards required a lot of work on my part (not only in preparing the application forms/essays but also in terms of extracurricular commitment and keeping my grades up), I shouldn't overload myself too much with the idea of bringing in even more money.
I'm going to set the bar at $3,000 from now until next January.
Here is what I'm going to do to get to $3,000:
1. Instead of working 12 weeks this summer, I plan on working at least 14 weeks, and make at least $1.50 more per hour than I did last summer (this means I have to make $18/hour).
2. Maintain my blog and provide an accurate account of my finances as well as any sound advice I have gleaned from my experiences.
3. Sell off my old textbooks, my violin, my mini-fridge and any unused furniture at the end of the term.
4. Tutor PT during the summer, and put that money away for school.
5. Provide my ING Orange Key (17327197S1) for those who want to sign up for a high-interest savings account. We'll each be credited $25 just for the person signing up!
6. Start marketing my jewelry more aggressively on Etsy starting in May.
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