DOLLARS vs. CENTS

“I appreciate the kind that jingles, but I prefer the kind that folds.”

By Shavonda McCaleb

 

 

I don’t know about you, but when it comes to money, “I appreciate the kind that jingles, but I prefer the kind that folds.”

 

We live in a society that is forever evolving on many levels as it relates to the workforce. There is a multiplicity of jobs, careers, and side-hustles that require payment for service. But, who decides how much you’re really worth? I believe it should be you – well, let’s take a look at Georgia’s minimum wage.

What is minimum wage? The minimum wage rate is the lowest hourly pay that is paid to a worker. The Fair Labor Standard Act (FLSA) determines the minimum wage for employees in private and public sectors, in both Federal and State governments. Under the FLSA, non-exempt employees must be paid the minimum wage or higher.

 

-Georgia’s Minimum Wage Is STILL $5.15 An Hour-

 

 

A bit of background…did you know that the state of Georgia’s minimum wage is technically $5.15 an hour (Georgia Code 34-4-3)? This rate was put into place by the federal government 20 years ago (1997). Employees covered under the federal Fair Labor Standards Act are subject to the federal minimum wage of $7.25, but those not covered under the FLSA may be paid the state minimum wage of $5.15, according to the National Conference of State Legislatures (NCSL). For the past seven years, the federal minimum wage has been set at $7.25 an hour. If we look a little closer at the minimum wage of $7.25 an hour, we will discover that it comes to approximately $15,080 annually!

At present, there are 29 states that have minimum wages above the federal minimum wage ($7.25/hour), and believe it or not, five states have yet to set a state minimum wage. These states are Alabama, Louisiana, Mississippi, South Carolina, and Tennessee. However, a $15 minimum wage rate has been implemented in California, New York, and Pennsylvania. That’s approximately $31,200 annually – feeding a family of six. That’s more than double the federal rate – and nearly triple Georgia’s minimum wage.

 

So if a person only makes $5.15 or $7.25 an hour, I believe it would be safe to say that they are working more than one job or have a side-hustle, just to get by. If you are one of the millions, allow me to share with you 7 side jobs that could generate EXTRA money for you and your family. Sometimes, you got to do what you got to do in order to pull it all together.

 

7 (Side-Hustles) Jobs to Make Some Extra Money

1. Ride Share Driver

If you have a reliable vehicle and know your way around town, there are openings for drivers in all the cities where ride sharing is permitted. You’ll be able to work a flexible schedule and use your car to earn cash. Check the company websites for information on driving jobs in your location.

  • Uber
  • Lyft
  • Juno

2. Household Helper/Personal Assistant

Are you handy around the house? Can you fix or build things? Do you like cleaning and organizing? TaskRabbit is a site you can use to offer your services. After you’ve been approved, you’ll be able to use the app to find jobs that interest you

3. Rent Your Extra Space

Another self-employment option is to rent your extra space. Do you have a spare room, a garage or storage space you’re not using? Use one of the sites dedicated to rentals to market your property.

  • Airbnb
  • Home Away
  • FlipKey

4. Sell (Get Rid Of) Your Stuff

If you have a closet full of clothes, shoes, bags, hats, and other accessories, you can free up some space, downsize your wardrobe, and earn money by selling what you don’t need. Use eBay or one of the online sites dedicated to selling used clothes, or use an app like Poshmark or Vinted, for example, to sell those clothes you haven’t worn in forever.

5. Participate in Research Studies

Depending on where you live, you may be able to participate in a paid research study. Some are ongoing, others pay by the hour or pay a flat rate for your time. For some positions, you’ll need to participate in-person. Others can be done online. Search Google for “research studies” to find opportunities in your area.

6. Party Planner

If you have a knack for planning parties, this is a side job you can easily get started doing. Offer your services to everyone you know and you’ll soon have a list of clients who can endorse your abilities. You can start small with events like kids’ birthday parties and expand as you build your experience.

7. Tutoring

 

You don’t have to have an advanced college degree to become a tutor. College students are often hired to tutor elementary and high school students or as peer tutors. For older candidates, a bachelor’s degree in a subject area can help you line up tutoring jobs for after school, evenings, and weekends. Check with the guidance office in your school district for high school and elementary jobs, as well as with the career or student employment office for campus positions. You can also use a site like Tutor.com to tutoring online.

 

So no matter where you are in life, make sure your dollars and cents add up. We appreciate the kind that jingles, but we prefer the kind that folds.

 

-Shavonda McCaleb

http://www.ncsl.org/research/labor-and-employment/state-minimum-wage-chart.aspx

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