Hey you Nonprofit-Unicorn-Uber-Drivin'-Hustler,
It’s no secret when you’re a young professional hustling through the dot org sector you often have no other option than to work your tail off to make a dollar outta fifty cents. It’s not uncommon to be sitting at lunch with your nonprofit posse bouncing ideas back and forth about what type of second jobs are hot at the moment…social media gigs, housesitting, date night childcare, contract work, I mean shoot, got a spare room, AirBnb that thang! Did you know that a single person in Santa Cruz County making under $57K is considered low-income, and Santa Cruz was just ranked the THIRD least affordable place to live in the United States?! In the UNITED STATES. I mean, shoooould we all actually be moving to Hawaii?! With living costs on the rise, staggering wages, ideas of home ownership slipping further away, and a field of work that historically operates on scarce resources, what’s a YNP professional to do!?
Breathe. Okay. We know we get paid in more than just what meets the eye, at the end of the day we get to walk through the community knowing that we really are contributing to the greater good, whatever that may be to each of you. But how sustainable is a 65-hour work week?! The answer, probably as sustainable as true love found on the Bachelor.
The point being: If second side hustles are becoming the norm, maybe it’s not our responsibility as the employee to adapt, but the nonprofit sector!
As more and more nonprofits are adopting “start-up culture” practices, and federal policies around labor laws for nonprofit workers are shifting, is the traditional nonprofit structure a thing of the past? More and more large-scale organizations are including flex-time, work from home options, and “self-care” perks to attract and retain their workforce. A fellow YNPN’er just negotiated a new contract to include Friday afternoons off for the same base salary. Whaaaat….do you know how many dogs you could walk on a Friday afternoon?! This has inspired us, what other insider tips could we share with fellow nonprofit ninjas to help ease our bank accounts?! Who knows, what if this time next year you could actually afford to use those PTO collecting cobwebs?!
Tips To Keep You Afloat As You Save the World:
Watch this TED talk on How Charity is Dead Wrong if for nothing else, it’s inspiring and 4:48 is a mic drop!
Read up on the new regulations impacting nonprofit overtime rules and see if they will apply to you.
Heard of Mint.Com it helps you balance and budget all your bills, including student loans.
Speaking of Student Loans, did you know 10 years working for 501c3’s can lead you to loan forgiveness…just gotta fill out the form!
Make sure you get your EITC (Earned Income Tax Credit) during tax time!
Ever heard of the envelope system? After discovering that 3 lattes a week cost nearly $100 a month the envelope system saved the day!
Seriously though, babysitters make like $20 an hour to watch TV...zero emailing involved, and most families have TV, like real cable, not Amazon Prime you steal from your parents. Get paid and self-care. Winning. Plus we’re the perfect age that if you post on FB you’ll probably have 4 of your friends who would legit want a date night.
Bay Federal has LOTS of great programs for First-Time Homebuyers, I mean, who knoooows...never know if you don’t try.
Lastly, just ask for a raise. Tell your leadership the cold hard facts. “Umm hello, I am moonlighting as a Personal Assistant” and then give them some data and see what they say!