They say the first $100,000 is the hardest to save. Wunderkind personal finance guru Tori Dunlap says, “Challenge accepted.”
Kitty and I have known Tori since BGR’s inception. She virtually forced us, through sheer tenacity and brilliance, to adopt her as our little sister—our more knowledgeable, successful, savvy, and funny little sister who in every way exceeds the promise of this very blog and inspires us every day.
Like, just look at this motivational young feminist do her thang:
So when Tori announced that she was emerging from the chrysalis of rebranding into a new feminist financial coaching venture, Her First $100K, I knew I had to pick her brains about it. I just didn’t realize I was simultaneously going to be schooled on the greatest animated movie of our time.
Working from home can be a pretty sweet gig if you can get it, but it comes with unique challenges. Setting up a routine, taking strategically scheduled breaks, and removing distractions will help keep you on task and motivated.
Which is all well and good if you already have a job that lets you work remotely. But how does one lock down that coveted, elusive work-from-home job?
The legions of telecommuters are growing, according to the New York Times. And half of the United States workforce will soon work remotely, if Forbes is correct. Yet with all of these people gloriously working from wherever the hell they want, we still get questions from readers all the time that boil down to: “I can’t work on-site, but I also can’t seem to find any jobs that will allow me to work remotely. Where are they all hiding?”
The hunt is over, job-searchers! Here are a number of tactics for how you too can join the telecommuting army.
As most (all?) of you know, I started working from home full time a little over a year ago. It’s pretty great! I’m saving a metric fuckton of money on commuting costs. Plus, I have more time in my day to devote to things other than sitting in traffic shaking my fist and cursing the futility of existence.
I’m an acquiring editor at a book publishing house. This is a fancy way of saying I babysit writers and occasionally correct their constipated prose for a living. Most of my job consists of reading book proposals and telling authors why they suck. I need little more than a laptop and a cell phone to do my job.
I regularly join meetings at my corporate headquarters via phone or video conference. During these meetings, my wardrobe is generally business formal above the waist, slumber party below.
And you guys, I rock. I’m real fucking good at my job and I have the employee reviews to prove it!
While transitioning from an office to working from home was a bit of an adjustment, I’ve since developed good habits for getting quality work done efficiently and quickly.
And yet there are some stubborn bastions of luddites who absolutely insist that a white collar worker needs to come into an office every day in order to be successful. I don’t cotton to that kind of backward thinking. For one thing, it makes it harder for caregivers and disabled people to find employment. For another, it fosters a culture that negatively impacts the environment and public health.
If a worker proves herself capable of getting the job done without commuting to an office, then by Grabthar’s Hammer, she should be allowed to do so!
But the only way we’re going to spread the work from home revolution is if we all work circles around our be-cubicled counterparts. Through trial, error, and interviewing people who have been working from home much longer than I have, here’s what I’ve found to be the best work-from-home practices in the biz.
On its face, it’s a pretty straightforward question about working sans contract. But beneath bubble some pretty volcanic emotions about job security, class, and anxiety. Let’s get into it!
Our reader asks…
I was hired to write blog posts for a digital platform. I was offered $15 an hour and 20-30 hours per week, paid out once a month as a direct deposit. That was a year and a half ago.
Since then, my responsibilities have changed tremendously. Instead of writing a few blog posts per week, I also work on site maintenance and other freelancers’ blog posts. I feel like I’m more involved with the administrative side of the blog than some of the other freelance writers I’ve seen, but I can’t confirm this, as I have no regular correspondence with any of my peers.
I was told I was being hired as a freelance writer, and that there would be a contract to be signed. That contract still hasn’t come. I asked about it when I was first hired and the CEO said he’d get around to it and never did. I was getting paid, so I didn’t care enough to push the issue and eventually forgot. But now I feel less like a freelance content creator and more like a full-time member of the creative staff. I asked the CEO a month or two ago about the contract again, and he dodged me. Again.
The rational side of me knows that I’m well within my rights to renegotiate where I stand with this company. I want to stand up for myself. But every time I fire up the email draft, I get so physically ill I have to walk away. Just writing this makes me want to puke.
I feel like I’m biting the hand that feeds me by saying it’s not enough. I feel like if I ask and get an outright refusal, I’ll either be forced to stay and feel undervalued or leave and go back to Minimum Wage Hell. Worrying about it is taking a toll on my health. I feel like a mess and a fool and a bastard and a failure all wrapped up in one big blanket of anxiety and ennui.
According to The Creative Group’s 2016 salary guide, bloggers should be making $45k a year but that just seems insane to me. That’s not the kind of money people like me make. We make minimum wage where I come from and we like it. $15 an hour is unthinkable enough, but a salaried position? Benefits? That’s not stuff I or anyone in my family has ever had to deal with going back generations. I don’t know how to not be in poverty. No one ever told me that was an option.
I feel kind of ashamed seeing it all in writing, if I’m honest. I feel weak, like I should be able to figure this out on my own. But I’m so grateful that I don’t have to. I can’t tell you what it means to have someone in my financial corner. I’ve never had that. I wish I’d found you guys years ago.
We’ve gotten a lot of questions recently about a hypothetical looming recession. The stock market has taken a bruising; bellwether companies are stumbling. Do such omens and portents mean that another recession on its way?
The good news is, we can answer this one very easily.
Yes. Another recession is coming.
We know this with 100% certainty.
The same way we know with 100% certainty that Piggy and I will be dead within the next hundred years. It is in the nature of a living being to die, just as it is in the nature of economies to grow and contract. The sun rises; the sun falls. The tides go in; the tides go out. It’s just the way things are.
Sounds kinda shitty, right? It’s possible that, someday far in the future, someone will devise some new system that will smooth out or even eliminate these cycles. Maybe the nature of goods and services will change so fundamentally that economies will transform in ways we can’t even imagine. But that’s Phillip K. Dick stuff—innovations that live so far in a hypothetical future that they’re still science fiction. You should plan to endure these market cycles throughout your lifetime.
And yes, there are lots of things you can do to make yourself more prepared. Let’s go through them.
As you know, Kitty and I went to FinCon 2018 this past September. It was a magical time of education and bonding with our comrades-in-arms, and we returned with our heads spinning with new ideas for making Bitches Get Riches better, faster, stronger. We also came back with a renewed vigor for our mission. And that meant taking a long, hard look at what we do here and why.
Like our name, for instance. It’s not just a blog title, but a call to action. For this blog is founded on the premise that bitches do in fact get riches. But like… why? And more importantly, how?
We get a lot of different questions from the loyal citizens of Bitch Nation. But certain ones keep popping up over and over again like some sick game of economic whack-a-mole. It’s clear our darling followers are desperate for advice on getting a job, for example.
Take this question darling follower @evharley asked on our Tumblr:
Hey bitches, I am a recent graduate and have had internships my last year of college BUT I am still not getting any interviews. I use the right sites, follow yours and Ask A Manager‘s cover letter and resume tips but cannot land an interview. I look for jobs 4 hours 3 days a week and it doesn’t feel like enough but I feel so defeated. Is there something more that I could be doing?
What a miserable, frustrating situation.
Searching for a job can easily feel hopeless, especially when you’re not getting any return on your considerable efforts. She’s working hard to get that elusive job and getting nowhere! She’s trying everything she can think of to get hired to no avail! SHE HAS DONE HER TIME.
Welcome back to another episode of The Bitches Teach You How to Get Your Ass Hired! Last time we reviewed some cardinal rules of resume writing. And today—you guessed it!—we’re gonna learn how to write a coherent and effective cover letter.
But first, a caveat. While I have sat on both sides of the hiring table over the years—both as my last company’s internship coordinator and in my recent successful job search—I am by no means an expert. That’s practically the secondary motto of our blog!
Bitches Get Riches: Finance. Feminism. We have no idea what we’re doing.
So don’t make the mistake of beginning and ending your cover letter practicum here at BGR. Go read Ask a Manager at least. It’s their whole area of expertise. But here are some of the most important rules, based on my own personal experience… and a twenty-second text conversation with Kitty.
Resume writing is one of the clearest markers of the generational divide. My dad insists on having a fucking dissertation of a resume, complete with hyperlinks, an “objective” (shudder), and paragraphs of description on every task, no matter how insignificant.
The strategy seems to be “Shock and Awe”: Shock that anyone would think such a cumbersome resume is acceptable, and awe that they made it so far in their career with that kind of overkill.
But as with everything from breastaurants to paper napkins, we millennials have opted to kill the lengthy and dry resume market. Like arrogant, disrespectful kids on the lawn of traditional careerist wisdom, we’re ignoring the advice of our elders and doing our own thing!
So let’s talk about resumes for the modern age. Having sat on both sides of the hiring table, I understand a thing or two about the art of condensing applicable experience into a written document. And it’s time I imparted that wisdom to you.
Internships: a time-honored tradition in which young professionals gain valuable career experience and skills they can’t learn in the classroom. Internships are widely recognized as a great way to boost your resume and get a leg up over your peers in the job market. For many industries, they’re a rite of passage and an invaluable part of the workforce.
Yet there’s something horribly wrong with most internships as we operate them here in the bestest country on Earth.
Trigger warning: today’s lesson includes mentions of privilege and unfavorable descriptions of capitalism. Also law-breaking. Clutch your pearls and avert your eyes.