Money question

[am1too]

If you were making say $200 a week on a permanent basis without leaving the premises, how much more would it take to drag you away?

The deal is what you make can affect that $200 sure thing. IOW the more you make outside of that $200 diminishes the $200.

I would consider a 40 hour work week. Is the time away from the homestead worth it?

Would you do it for $65 a week net positive?

[AngieM2]

If you are making it fine now - the money may not be the issue.

Many people turn down money for quality of life that being away from the rat race affords.

[simi-steading]

What is gas and wear and tear on your vehicle going to cost you? For an added $65, and if I had to drive 30 miles each day, it wouldn't be worth it...

Don't forget time is money too when you are commuting..

I gotta ask though.. for 40 hours a week, and you're only bringing home $265, I'd think I was being ripped off on my salary.. Not someone I'd want to work for being that cheap..

[Danaus29]

If I could make $200 a week at home I would quit my job. Except for the fact that I still need a few ss credits.
(I make a bit more than $200/week)

[am1too]

The deal is social security. I've been retired for 7 years without income. I can make $5,000 annually.

On SS I would make $860 a month. Anything over $5,000 causes that amount to decrease.

I would not have any commute expense. At $10 an hour it would net me about $65 more a week.

So my question is would you trade $860 net for $1,120 and 180 prime daylight hours away from home.

I think if it were more like $1680 it would be a no brainer.

[Doug Hodges]

Originally Posted by am1too

The deal is social security. I've been retired for 7 years without income. I can make $5,000 annually.

On SS I would make $860 a month. Anything over $5,000 causes that amount to decrease.

I would not have any commute expense. At $10 an hour it would net me about $65 more a week.

So my question is would you trade $860 net for $1,120 and 180 prime daylight hours away from home.

I think if it were more like $1680 it would be a no brainer.

Heck no. Unless its something you enjoy and it adds to your life making you feel better.

[Yvonne's hubby]

If you can make it on your SS check, keep the bills paid on time etc... no way would I consider going into a 40 hour week of drudge labor to pick up another couple hundred a month. Now, if it was some kind of job that I really really enjoyed doing and really needed the extra cash for some project I had coming up? maybe.

[karenp]

As you are on the homestead site, I'll assume you are gardening, raising animals or something. How much food are you not going to be able to provide because you are doing something else? I would figure that in as well as the gas/vehicle expenses. Also figure in clothing depending on the job.

[simi-steading]

Originally Posted by am1too

The deal is social security. I've been retired for 7 years without income. I can make $5,000 annually.

On SS I would make $860 a month. Anything over $5,000 causes that amount to decrease.

I would not have any commute expense. At $10 an hour it would net me about $65 more a week.

So my question is would you trade $860 net for $1,120 and 180 prime daylight hours away from home.

I think if it were more like $1680 it would be a no brainer.

Since you put it like that, and since it sounds like you don't need the extra money, I sure wouldn't do it.. 180 hours of daylight is worth a WHOLE lot more than what you're talking in cash..

[am1too]

Originally Posted by AngieM2

If you are making it fine now - the money may not be the issue.

Many people turn down money for quality of life that being away from the rat race affords.

Certainly is part of the issue I'm considering.

[am1too]

Originally Posted by simi-steading

Since you put it like that, and since it sounds like you don't need the extra money, I sure wouldn't do it.. 180 hours of daylight is worth a WHOLE lot more than what you're talking in cash..

Just how much would make a difference for you?

[simi-steading]

To give up that kind of time, I'd have to be talking a couple thousand, so long as I was able to pay my bills on what I was already making..

Right now my wife and I are in the process of getting our farm house fixed up so we can move in next summer..

We are both leaving very good paying jobs in DC so we can move to the middle of nowhere in WV and probably make less together than what one of us makes here in DC.. We're giving up a whole lot of 10's of thousands of dollars a year..

To us, money isn't worth it.. We want the time, and we want to live without the hustle and bustle.. yes, we'll have to find jobs, but we won't be around thousands upon thousands of people..

She has even said that if she can find a job that makes enough for us to pay all the bills, then I can stay home and work around the property, and do what I can when I can to make us a few extra bucks, or start my own business that affords me time to get things done around the property..

[am1too]

Originally Posted by karenp

As you are on the homestead site, I'll assume you are gardening, raising animals or something. How much food are you not going to be able to provide because you are doing something else? I would figure that in as well as the gas/vehicle expenses. Also figure in clothing depending on the job.

Not doing all that great at gardening yet.

So far only dogs. Need to build chicken coup and run. Trying to decide if I want a tractor or a fixed location. Either way it would need to be fortified or the dogs trained. Both are doable.

There will be no to minable vehicle cost associated. Already been offered a ride to work by a would be co-worker.

[am1too]

Originally Posted by simi-steading

To give up that kind of time, I'd have to be talking a couple thousand, so long as I was able to pay my bills on what I was already making..

Right now my wife and I are in the process of getting our farm house fixed up so we can move in next summer..

We are both leaving very good paying jobs in DC so we can move to the middle of nowhere in WV and probably make less together than what one of us makes here in DC.. We're giving up a whole lot of 10's of thousands of dollars a year..

To us, money isn't worth it.. We want the time, and we want to live without the hustle and bustle.. yes, we'll have to find jobs, but we won't be around thousands upon thousands of people..

She has even said that if she can find a job that makes enough for us to pay all the bills, then I can stay home and work around the property, and do what I can when I can to make us a few extra bucks, or start my own business that affords me time to get things done around the property..

Interesting. I to was very tired of the city abuse. What I'm considering would allow me to remain close to home with little people interaction. Driving a county dump truck. It would require some change. Just not sure how much.

[jwal10]

I retired at 55, worked 16 hrs a week at 20.00/hr for 2 more years. I reretired, not worth it to me. I had no vehicle expense, I walked to work. I can save enough by being home all day to make up what it was worth to me. My cash retirement is double your S.S. though. We have other money coming in too. Not on S.S. as I am only 57. Doesn't cost us much cash to live though....James

[simi-steading]

If I could survive without taking a job, I'd be all over it.. .I'll be 50 next year, so I'm getting to where I'm sick of the grind..I just wanna enjoy life... I'd just like to do my own thing and be left alone..

I know people say they would be bored without working, but our property could keep me busy 24 hours a day for years, and I love doing that kind of work...


I haven't made much money most my life but I kept my bills payed and got to do some extra small things, but now I'm making more money than I could have ever imagined in my life... and I'm not near as happy as I was when I wasn't making much... Funny how that works..

So.. sounds like it's up to you as to whether you would be happier driving a truck, or staying home... Doesn't sound like the money is all that much different to be the deciding factor.

[sidepasser]

Originally Posted by am1too

If you were making say $200 a week on a permanent basis without leaving the premises, how much more would it take to drag you away?

Depends on how much I needed to live on I suppose.

The deal is what you make can affect that $200 sure thing. IOW the more you make outside of that $200 diminishes the $200.

I would consider a 40 hour work week. Is the time away from the homestead worth it? Not really but $200 a week is not much in the overall scheme of things unless one can grow that amount by the work one does at home.

Would you do it for $65 a week net positive?

Does that include health, eye and dental insurance? If so, and I could earn 65.00 dollars more a week than I make now by staying home, yes I would stay home. I see you said "drive a county dump truck", would you get anything other than the money doing that? i.e. driving a county dump truck could mean that you could unload some gravel you bought if you paid the county for the use of the truck. That used to be allowed in my county and is how I got a lot of gravel. Paid the county for the use of the truck and I bought the gravel. At the end of the day, they would come by and dump what I had purchased. Can't do that anymore, "too many rules"..lol..Lots of things used to be different back in the day.

But if I only needed 200. a week to live on and pay all my bills, I would NOT leave my farm for a net gain of 65.00 a week, not even if a cabana boy was thrown in doing a lap dance for me once a week.

Not worth it..not even with a cabana boy.

Before anyone tears off without reading..I said PAY FOR USE OF TRUCK AND UNLOAD GRAVEL THAT YOU PAID FOR..lol..I know how wound up folks can get if they think someone is getting something from their county for free...

[Michael W. Smith]

Originally Posted by am1too

I've been retired for 7 years without income. I can make $5,000 annually.

I would not have any commute expense. At $10 an hour it would net me about $65 more a week.

Is it possible to work "part time" for this job where once you make the $5000.00 - or whatever the limit is - you are done working until the following year?

The company could decide if they wanted you to work part time - 1 or 2 days a week, or work a regular Monday - Friday until you hit your limit.

If not, I would think you would be better off getting a part time job elsewhere and telling the employer - as soon as you hit your income limit, you are done for that year.

[fordy]

Originally Posted by am1too

If you were making say $200 a week on a permanent basis without leaving the premises, how much more would it take to drag you away?

The deal is what you make can affect that $200 sure thing. IOW the more you make outside of that $200 diminishes the $200.

I would consider a 40 hour work week. Is the time away from the homestead worth it?

Would you do it for $65 a week net positive?

...................The exempt amout for SS when you start at age 62 is ~$14,160 ! This is true for all years until the year you turn 66.........for the year you turn 66 the exempt amount increases to ~$38,xxx . After age 66 your earnings are Unlimited . , fordy

[Grumpy old man]

so many people think you have to invest and wait to make money when it's just not so you should be able to learn how to turn that $200. a week into 3 times that by learning to buy /sell barter and trade . if you just sit and wait on 200 you will never progress .