March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010
November 2010
December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 September 2024 October 2024
1 2 3 4 5 6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
News Every Day |

I balance working hard to reach my financial goals and spending time with my son. I never want him to feel neglected.

Chris Boutté (not pictured) has had to balance working hard and spending time with his son.
  • I want to provide a better life for my son than I had while growing up.
  • Over time, I've started making a higher salary, but still have side hustles to supplement my income.
  • It's taken time to find the right work-life balance to make money and still spend time with him.

I didn't grow up with much. My dad single-handedly raised me, and we were lower-middle class. I always wished we had the same things my friends had. Many of my friends lived in houses and got cars when they were 16. Meanwhile, we would get eviction warnings on the door of our apartment, and we definitely couldn't afford a second car.

Now, I have my own son, and I want to provide a much better life for him here in Las Vegas. But to reach my financial goals and give both of us better lives, I've had to sacrifice some quality time with him. He's 15, and I've been playing this delicate balancing act for years now.

A strong work ethic isn't always enough

After getting sober in 2012, I had a rough financial start due to ruining my credit and racking up debt over nearly a decade of substance abuse. Before getting sober, I worked some jobs that paid really well, but they were detrimental to my mental health due to the high-stress environment.

My mental health is a top priority in my sobriety, so I chose not to return to those industries. This meant starting fresh and finding entry-level positions based on my skill sets.

With this new lease on life, I realized I could do better for myself and my son. I set goals for fixing my finances so that I would actually have savings and a retirement fund. I hoped to eventually buy a house and make sure my son had a college fund. Most of all, I wanted to ensure I made enough money so we never had to experience financial distress again.

I've always had a strong work ethic, which I definitely got from my parents. The problem is that our effort at work doesn't always translate to what we're paid, and I made about $30,000 a year until 2015. I knew that wasn't nearly enough to reach my financial goals.

I knew that in order to even get close to reaching these goals, I had to start doing some side hustles. This involved putting in many hours outside my full-time job, and I still didn't get much closer to what I was looking to accomplish for quite a while.

It takes a lot to be financially stable these days

I'm not the only one struggling with financial goals of building up retirement and savings accounts or buying a house. Many of my fellow millennials see and feel how much things have changed over the years.

Between 1960 and 2017, the median price of a house rose 121%, while the median household income rose only 29%. As recently as 1990, the home price-to-income ratio was under 3.0. As of 2022, homes cost 5.5 times the average household income.

Even with an income over two times what I was making in 2015, I still have multiple side hustles to attempt to reach my goals.

I've had to learn how to balance my side hustles with spending time with my son

I wasn't fully present for my son during the first three years of his life due to my addiction. I've been sober for 12 years now, and I still hold a terrible amount of guilt for that lost time. The added pressure of taking time away from my son in order to make more money has been one of the hardest things I've encountered in my sobriety.

When I was making a lot less money, I had to work many more hours on my side hustles. There would be weekends where I'd do freelance writing for eight hours each day while he watched cartoons and played video games. During those days, I could barely afford to buy Christmas or birthday presents for him while also paying for the necessities, so I worked and did what I had to do.

As the years went on, I gained more skills and better understood my value as an employee. My next job paid me about $50,000, and then I moved to a job making $65,000. Today, my salary is over $70,000 a year, and I absolutely love my job, but it's still not enough to reach all of my goals.

I still do multiple side hustles to supplement my full-time income, but getting higher-paying jobs over time has made them less of a necessity. To put it into perspective, I used to put in 20 or more hours on side hustles, and now it's maybe five to 10. Sometimes, I even take weeks off. I also received an inheritance that gave me some additional breathing room and a chance to build a solid financial foundation for us.

Looking back, increasing my income allowed me to spend much more time with my son compared to the early days of my sobriety. It's taken time to find the right balance of making enough money while also spending enough time with my son. The irony is that my son is 15 now, so he's at the age where he doesn't even want to spend as much time with me. My hope is that if anyone asked my son if he thought I worked too much and neglected him in the future, his honest answer would be, "Absolutely not."

I accept that we can only do so much with our economic conditions, but I also know that time is our most precious resource. I could have all the money in the world, but that wouldn't mean anything if I couldn't maintain a healthy relationship with my son because I was too busy.

Read the original article on Business Insider
Симферополь

Главное за день: 5 октября

Game on: Automakers expand video entertainment options in vehicles

Overview of Baltic Bearing Company-Riga (BBC-R)

We save HUNDREDS on UK attraction tickets with our free Blue Peter Badge – yes they still exist and anyone can get one

Protect and Enhance Your Vehicle with Paint Protection Film and Ceramic Coating from Tintex

Ria.city






Read also

Phillies’ Kyle Schwarber hits a leadoff homer in Game 1 NLDS loss to the Mets

Meet Jack Doherty: YouTube prankster and Kick Streamer who crashed his £100k McLaren 570GT

The pitfalls of loaning money to family

News, articles, comments, with a minute-by-minute update, now on Today24.pro

News Every Day

Overview of Baltic Bearing Company-Riga (BBC-R)

Today24.pro — latest news 24/7. You can add your news instantly now — here


News Every Day

Protect and Enhance Your Vehicle with Paint Protection Film and Ceramic Coating from Tintex



Sports today


Новости тенниса
WTA

Гауфф обыграла Бадосу и стала первой финалисткой турнира WTA 1000 в Пекине



Спорт в России и мире
Москва

Стартовал физкультурно-спортивный фестиваль для людей с инвалидностью «Сочи-2024»



All sports news today





Sports in Russia today

Москва

Стартовал физкультурно-спортивный фестиваль для людей с инвалидностью «Сочи-2024»


Новости России

Game News

A Valve engineer used ChatGPT to find a new matchmaking algorithm for Deadlock, and now it's in the game


Russian.city


Новости 24 часа

Уфа готовится принять гостей форума «Россия – спортивная держава»


Губернаторы России
Александр Бастрыкин

Бастрыкин затребовал доклад по делу о нелегальном детсаде для мигрантов в Москве


Более 360 тысяч человек посетили речные вокзалы Москвы в сентябре

С начала 2024 года более 2,5 тысячи многодетных мам в Московском регионе досрочно вышли на пенсию

Медведев ответил на призыв депутата рады перенести боевые действия в Белоруссию

Релиз трека. Релиз новой песни. Релиз сингла. Релиз Музыкального альбома.


Гарик Burito стал ведущим уникального подкаста «Отцы и малышарики» в HiFi-стриминге Звук

Музей джаза разместят в репетиционной студии оркестра Бутмана

«Зато в одном списке с Metallica». Соцсети о новом запрете России для артистов

«Престижный новый импульс»: Бутман объяснил возросшую любовь россиян к джазу


Арина Соболенко вышла в четвертьфинал турнира WTA 1000 в Пекине

Мирра Андреева дебютирует в топ-20 рейтинга WTA

Кудерметова и Хаочин проиграли в матче за титул в парном разряде WTA 1000 в Пекине

Рублев рассказал об операции перед турниром в Пекине



Станислав Кондрашов, охотник за привидениями, о призраках на живописных дорогах мира

Стартовал физкультурно-спортивный фестиваль для людей с инвалидностью «Сочи-2024»

Индивидуальные кухни на заказ в Санкт-Петербурге

Антонов завершил миссию посла России в США и возвращается в Москву


Дистрибьюция музыки в вк. Яндекс музыка дистрибьюция. Цифровая дистрибьюция музыка. Дистрибьюция музыки под ключ.

Тату, побег, анорексия. Как бунтуют дети Яковлевой, Успенской, Кафельникова

Приготовивший кофе Путину и Собянину студент рассказал о своем волнении

Лучшие из лучших: в Москве собрали самые успешные эксперты со всей России


Стало известно имя Мисс России

Айыына Кожурова из Якутии номинирована на премию лучшего детского блогера России

Индивидуальные кухни на заказ в Санкт-Петербурге

Президент Киргизии Жапаров 7-8 октября совершит визит в Москву



Путин в России и мире






Персональные новости Russian.city
Тимати

«МК»: мальчик сломал руку в картинг-клубе рэпера Тимати



News Every Day

3 Negroni variations to try this fall




Friends of Today24

Музыкальные новости

Персональные новости