Hi, The Great Recession’s impact on our economy and our lives is undeniable. Necessary lifestyle choices got rebranded culturally to sell old ideas like frugality to a new generation. Not having a full-time job became freelancing in the gig economy, opting out of traditional housing and living in your car is now #vanlife, and living with roommates is house hacking. I wonder what we'll keep from the economic shock we experienced as a result of the pandemic? Did the absence of universal child care awaken us to a gender pay gap that needs quick action? Will ghost kitchens continue to be a viable way for chefs to test the market? Will the standard 9-to-5 include work-from-home some days a week? What will you keep? Hit reply, lmk what changes you expect to stick post-pandemic shock both personally and culturally. Your favorite finance friend,
|
|
|
1.🤓 How to Budget as a Full-Time Freelancer (Paco for Bloomberg) Freelance income is inconsistent and unpredictable — but it’s still possible to manage. 🤓
2.🧢 Your father’s stock market is never coming back (Fortune)
3.👉🏽 How to End Extreme Child Poverty (The Atlantic)
4.🇺🇸 America Is on a Road to a Better Economy. But Better for Whom? (New York Times Magazine) “The federal government is undertaking the largest stimulus program in American history. The payoff could be more widely shared than usual.”5.🏠 Most Millennial Homeowners Regret Buying Their Home, Survey Finds (Business Insider) “Nearly two-thirds (64%) of millennials in a new Bankrate survey said they regretted buying their homes. The survey polled more than 1,400 homeowners. Just over 20% cited expensive maintenance costs as the reason for their regret, while 13% said it was because they overpaid.”6.🚧 Everything Is Becoming Paywalled Content—Even You (Wired) “This new reality is less about everyone transforming into their own brand or even becoming an independent contractor at the whims of a mercurial gig economy—it will be the very basis for life, or at least livelihood. It's the creation of a future in which we can never afford to stop working, or better yet, where work doesn’t actually feel like work. Most people will still have the kind of jobs they have now, but living them will provide the additional capital they need to get by, as each person's life just becomes another upload into someone else’s feed. This shift will completely change how we define labor, and what it means to generations who come after us, remapping their relationship to the internet and its many resources.”7.🍕 The Mysterious Case of the F*cking Good Pizza: A quest to find the origin of a pizza place led me down a rabbit hole of clickbait restaurants—with Uber co-founder Travis Kalanick's new company at the end. (VICE) "I’m supposed to have some level of like, every dollar is a vote, but if I don’t know where my dollar is going, it totally takes away my ability to participate ethically in the free market. [...] The bigger implication is that you just have no way to be accountable with how you spend now.”8.📖 A book I'm reading – I received a copy of Working Twice As Hard by Quinisha Jackson-Wright, a guide for Black women on the path to entrepreneurship. Jackson-Wright shares offers insights and strategies to build a business that's sustainable. What I've appreciated most about this book is how open and honest Quinisha is about her experiences in the workforce and working for herself.
|
|
From our inbox:
"I had to reach out and tell you we hired this amazing new team member who learned about us from YOUR NEWSLETTER! I was onboarding her today and asked how she heard about the job and she said 'this cool newsletter I get!'"We're giving away three classified spots in the next newsletter, first come – first serve, write us to reserve yours.New classifieds customers only, please. All rights reserved. |
|
The Nerdletter is written and curated by Paco de Leon and a tiny editorial support team. Please consider several ways you can contribute to this important mission –
an inclusive conversation about money, finances, and capitalism for Creatives.
We can't do this work without you.
Thanks for being part of the crew and reading this far. Peace. |
|
|
|
Our home office is located in Los Angeles, California, the traditional lands of the Gabrielino/Tongva peoples. We acknowledge with gratitude the traditional custodians of this land and pay our respects to their Elders, past and present.
|
|
|
|
You received this email because you subscribed to The Nerdletter, a weekly newsletter.
You can unsubscribe at any time. Or, you can buy some sweet merch here.1920 Hillhurst Ave # 1089, Los Angeles, California, 90027, United States of America ©The Hell Yeah Group 2021
|
|
|
|
