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| by Chris McGinty of AccordingToWhim.com |
Saving $2,000 in two months
doesn’t really seem like all that impressive of a feat does it? You see blogs
and videos all the time telling you how to make $2,000 a day. Why would you
want to know how to save $2,000 in two months? The first question is are you
making $2,000 a day, or was that content speculative at best and really didn’t
help you? The second question is regardless of your income, do you currently
have $2,000 saved anywhere? If you’re not making $2,000 a day, or you don’t
have $2,000 saved, then maybe what I have to say here is worth your while.
During the first half of 2018, I
was working for Pizza Hut as a shift manager. I was making a lot of money for
that job description, because I was in constant overtime. This was after I was
promised that I wouldn’t be getting overtime. There were a number of problems
with that job, and I left. I was willing to make less money to have less
stress. I went to work as an Uber Eats driver, so I definitely was making less
money.
was working for Pizza Hut as a shift manager. I was making a lot of money for
that job description, because I was in constant overtime. This was after I was
promised that I wouldn’t be getting overtime. There were a number of problems
with that job, and I left. I was willing to make less money to have less
stress. I went to work as an Uber Eats driver, so I definitely was making less
money.
In fact, it became clear after
the football season was over that Uber Eats is basically unsustainable as a
full time job. I was averaging $10 to $12 an hour most nights gross. I was
putting two to three times more miles on my vehicles than I did as a pizza
driver, and spending two to three times more miles on gas. By the way,
delivering pizza has a mostly higher average most nights. Once 2019 rolled
around, I went to Domino’s and suffered having a set schedule to actually have
money leftover at the end of the month.
the football season was over that Uber Eats is basically unsustainable as a
full time job. I was averaging $10 to $12 an hour most nights gross. I was
putting two to three times more miles on my vehicles than I did as a pizza
driver, and spending two to three times more miles on gas. By the way,
delivering pizza has a mostly higher average most nights. Once 2019 rolled
around, I went to Domino’s and suffered having a set schedule to actually have
money leftover at the end of the month.
The problem is that I didn’t have
any money set aside to pay my Uber Eats taxes and it was late February when I
started working at Domino’s. This meant that I had two months to save as much money
as I could, so I could turn in my stuff to my CPA on April 15. The first two
weeks were a little slow, because they needed to get me trained and set me on a
schedule that was full time. Once I was full time, I worked as much as I could
while having two days off. I got a few hours of overtime each week. I saved
almost all of my tips, barely spending any money during that time.
any money set aside to pay my Uber Eats taxes and it was late February when I
started working at Domino’s. This meant that I had two months to save as much money
as I could, so I could turn in my stuff to my CPA on April 15. The first two
weeks were a little slow, because they needed to get me trained and set me on a
schedule that was full time. Once I was full time, I worked as much as I could
while having two days off. I got a few hours of overtime each week. I saved
almost all of my tips, barely spending any money during that time.
It took one paycheck for child
support to be pulled from my check, so I wasn’t making much there. It was all
about not spending my tips, except to pay bills, to eat, and to keep my
vehicles running so I had a job.
support to be pulled from my check, so I wasn’t making much there. It was all
about not spending my tips, except to pay bills, to eat, and to keep my
vehicles running so I had a job.
And that’s it.
Did you think there was some
crazy epiphany? I stopped spending money on anything unnecessary for a brief
amount of time and I saved $1,000 per month.
crazy epiphany? I stopped spending money on anything unnecessary for a brief
amount of time and I saved $1,000 per month.
The thing is that when we’re
faced with bad consequences, we have this ability to cut back and get caught up
or save. The problem is that we don’t do this proactively. I may not be able to
say this without fear of contradiction, because people love to contradict, but
I can say this knowing that I’m likely correct: 99% of us could figure out a
way to save $1,000 a month either by cutting back our expenses, increasing our
income, or a combination of both.
faced with bad consequences, we have this ability to cut back and get caught up
or save. The problem is that we don’t do this proactively. I may not be able to
say this without fear of contradiction, because people love to contradict, but
I can say this knowing that I’m likely correct: 99% of us could figure out a
way to save $1,000 a month either by cutting back our expenses, increasing our
income, or a combination of both.
By the way, it turned out that
Pizza Hut was over withholding my check by a significant amount. They had an
odd method that was supposed to more accurately predict your taxes on tips and
such, but it clearly overdid it. This meant that in spite of not setting aside
any money to pay my Uber Eats taxes, it didn’t matter because they were paid
already from over withholding by Pizza Hut, so I got a $300 return. I still
have the $2,000.
Pizza Hut was over withholding my check by a significant amount. They had an
odd method that was supposed to more accurately predict your taxes on tips and
such, but it clearly overdid it. This meant that in spite of not setting aside
any money to pay my Uber Eats taxes, it didn’t matter because they were paid
already from over withholding by Pizza Hut, so I got a $300 return. I still
have the $2,000.
Chris McGinty is a blogger who
has never had more than $4,000 saved, so I guess he has a measurable goal to be
trying to attain. No excuses, man. You yourself just said it could be done.
has never had more than $4,000 saved, so I guess he has a measurable goal to be
trying to attain. No excuses, man. You yourself just said it could be done.