Big Paycheck Backfire
“Our sense of value and self-worth is often tied to how much money we make,” says Michael Zwell, human capital expert and author of “Six-Figure Salary Negotiation.” “There is an illusion that we live with and believe that a bigger paycheck makes us happier and more valuable.”
In fact, research shows otherwise. Studies have shown most people feel happier in a five-figure job where they are earning more than the majority of other people in the company than they do in a six-figure job where they are making significantly less than others, says Stan Smith, founder and CEO of Smith Economics Group Ltd., in Zwell’s book. Ultimately, he says, people can’t rely on short-lived salaries, promotions and raises to keep them happy but rather the contributions they make in the long run. From CNN
Artist with a Day Job
Image by Summer Pierre
I’ve known Summer Pierre for a few years. She was kind enough to be profiled on Another Girl at Play and dish with me on several occasions in both Palo Alto CA & New York. With each visit she’s inspired me and her blog is a never ending visual treat. She’s an amazing, highly creative artist… with a day job.
I once wrote about the highly acclaimed artist Dai Giang who had art showings around the world and sold paintings for thousands of dollars. Yet during the day he worked in the manufacturing plant at Mountain Safety Research – an outdoor gear company. Anything but creative!
Summer shares a lot of thoughts about having a day job (the reasons, the good, the bad, the ugly) that I think everyone can relate to. She’s even made a zine out of it (The Artist in the Office). Why I love these discussions is because I think sometimes some artists feel a sense of “shame” if they have a “day job” or any job that isn’t 100% based on their creativity. But they shouldn’t as long as they’re creating and living the way they want – who cares how it gets done. There is no generic “Right Way.” One way doesn’t make you a real artist. There’s just life and living it the best way for you.
Personally, I’m the most creative when I have a million things going on. If I had nothing to do all day but write and paint I’d do anything but. I believe firmly in the Thoreau quote, “How vain it is to sit down to write when you have not stood up to live.” So because of this, I am on the go a lot, I do a lot of things – some creative, some not. But everything is piece that makes up the larger picture of who I am. Everything I do are things I want to do whether it’s for business or pleasure. This way, despite being tired I’m never drained – and always creating.
The world judges only the outcome but we forget this because we tend to judge the process. We judge the title, the outfit, the company, the paycheque, the right answer, the wrong answer. But really, all that matters is that you do something that satisfies you – whatever and however.
After all, that’s all that should matter, right?
Low income nations more entrepreneurial.
“In a survey of more than 150,000 entrepreneurs in 40 regions around the world, women in low- and middle-income nations were found to be more than twice as likely to be involved in early-stage business start-ups as those in high-income nations, researchers at Babson College and the London Business School said.” From Inc. via Sheep Dog PR.
My take on this is because if you have nothing you don’t have fear of losing anything. All you know is you want something so bad you’ll do whatever you can to get it. The more desire you have, the less questions you ask and the more actions you take – this is true of anything.
Comfort is something so many of us strive for yet can become a sort of prison if we’re not careful. It can breed fear and laziness by tricking us into thinking we can’t risk. When it’s at that very moment we should.
Being Financially Sound
Women today make up nearly half of the total workforce in [the U.S.]. Over the past thirty years, women’s income has soared a dramatic 63 percent. Forty-nine percent of all professional – and managerial – level workers are women. Women bring in half or more of the income in the majority of U.S. households – a growing trend that made the cover of Newsweek and was front-page news in many of the nation’s newspapers. Women-owned businesses comprise 40 percent of all companies in the United States. There are more women than ever before who can count themselves among the country’s millionaires, more women in upper management, and more women in positions of power in the government.
Ninety percent of women who participated in a 2006 survey commissioned by Allianz Insurance rated themselves as feeling insecure when it came to their finances. In the same survey, nearly half the respondents said that the prospect of ending up a bag lady has crossed their minds. A 2006 Prudential financial poll found that only 1 percent of the women surveyed gave themselves an A in rating their knowledge of financial products and services. Two-thirds of women have not talked with their husbands about such things as life insurance and preparing a will. Nearly 80 percent of women said they would depend on Social Security in their golden years. Did you know that women are nearly twice as likely as men to retire in poverty? – Women & Money: Owning the Power to Control Your Destiny by Suze Orman
So there you have it – both the good and bad news about women and money. We’re making more of it, there’s more opportunity out there for us, it’s just when it comes to keeping it, making it grow, or getting more of so many are failing.
Often when there’s talk of making a living as an artist, the focus is on how you feel, the journey, the blessings. Art and money seem to be exclusive of each other for so many people. Not for me. I want to be creative but I also want to make a great financial living as well as have a great retirement income. Being happy drives me, doing what I love drives me, but if I do not financially make it, if I do not look after the money I make and invest it wisely, than I will not be happy and I will most likely lose the ability to choose what I do for a living. I think a lot of women – especially creative women – don’t look at it that way.
Money, money, money!
Money is a funny thing – so many people want it, few seem to have it and even fewer want to talk about it. I’m not sure why so many people are so tightly lipped about money but I think being quiet contributes so much to why people don’t understand it, are afraid of it or simply don’t have it. I think people should be taught fiscal management in schools instead of about the French revolution (and I’m half French) and I think people should really talk about money so they can learn whether or not they should be self-employed.
How I financially survive is probably the second most common question I’m asked. I do not have a sugar daddy (you wouldn’t believe how many people think this!), I do not have a trust fund, I do not have parents, and I don’t have lotto winnings. So how do I survive financially?
Here it goes:
May 05, 2004
And the day came when the risk to remain tight in a bud was more painful than the risk it took to blossom. Anais Nin
Every few months I seem to develop a theme that encompasses a lesson I need to learn. It usually takes awhile for me to discover that I�m in the midst of a theme and what it is, but once aware, I notice examples of the theme all over.
My current theme is learning how to be ok with being shiny as my friend Julie Valentine calls it. But I’ve discovered a second theme which really isn’t for me, it’s for whoever needs it, and it’s based on an idea I’ve been talking about over and over on this site the last month.
It has to do with beginning something in any way you can despite any fear that may be there. It�s to become the butterfly, become the forest, become the blossom. It’s going in the direction of your creative dream because the pain of standing still is greater than the fear of moving forward. It�s believing that a dream mixed with action equals reality.
Mostly, it’s the theme of being who you really are meant to be.
I firmly believe that in each of us lies an authentic self that is happy only when we unleash our dreams and become who we should be. Happiness isn’t based on how much money you make, how many fans you have or all the limo rides you get to take. It’s about going to bed content because you know you’ll wake up tomorrow with a life that you want (even during rough patches).
People often hold back because they want to know how to pay the rent and that’s one of the worst reasons to hold back. If money is a concern, work around it. Keep a regular job and paint at night. Go part time at the office and full time as a writer. Get a grant, a loan, a patron. Save your pennies whilst figuring out your dream at night. Cut back on shopping, get a smaller flat, explore free galleries instead of renting 7 movies a week. Get creative about money but don’t get creative with excuses as to why you’re holding back.
Speak your truth and bloom, right now. It’s spring and you’re ready.
Elsewhere