Kids Making Money

While out of work, Charlie Sheen is winning. There is so much to learn from him. Here are 7 things he taught me about living frugally.

When Un-Employed, Downsize

Don't pay someone to do something you can do yourself. Sure, some people may say that his publicist quit after outrageous comments in interviews. Maybe it was the fallout from erratic behavior. Or maybe, Charlie just realized he needed to get smarter with his cash. Newly unemployed, Charlie can be his own publicist and save all that money he was using on Stan Rosenfield. If you're out of work, learn from Charlie. Who needs an electrician? You can re-wire your own lighting. Tire center to fix your brakes? Get a couple of loaner books from the library and fix them yourself. You're learning a trade, building your resume, and saving money! If Charlie doesn't go back to work as an actor, he can try his hands in a new trade as a publicist. This is what's referred to as “bi-winning.”

Have a Winning Attitude

Just because we're in a downsizing economy, facing higher food and oil prices, under-employment and crumbling local governments, it doesn't mean you won't be able to be hired at the job you're applying to. Stop reading the news for awhile if it starts getting you down. Give yourself a tiger-blood, Adonis DNA, pep-talk before hitting the interview. If you can't afford to celebrate with champagne, or even beer, drink up that milk with gusto. Think of all the delicious fortifying nutrients your body is getting. Clip coupons with panache. Serve leftovers with style. To do frugal living the Sheen way, it's all about attitude.

Surround Yourself with Loved Ones

Let's get this out right now: No, you cannot have your own goddesses to cheer you up. Only Charlie Sheen can do that. However, you can surround yourself with people who love you for free. In fact, invite as many free friends as you can over to your house and celebrate how lucky you are to have what really matters in life: relationships. Bonus: Make it a pot luck and you get a cheap meal as well.

Okay, not ALL public-spirited millennials are becoming chuggers, i.e. those well-meaning people with clipboards who waylay you.Photo: Howard LakeWell, The New York Times has finally
found a trend to report on that doesn't consist of three people in
Park Slope. The trouble is, they're not sure exactly what that trend
is. Either millennials -- otherwise known as "kids these days" --
are more likely to get do-goodnik jobs because they're big-hearted
givers, or they're more likely to get do-goodnik jobs because the
recession put soulless corporate money out of reach.

Interest in nonprofit and service
jobs is definitely going up:

In 2009 alone, 16 percent more young college graduates worked for
the federal government than in the previous year and 11 percent more
for nonprofit groups ...

Renewed interest in public service is visible across the country.
Applications for AmeriCorps positions have nearly tripled to 258,829 in 2010 from 91,399 in 2008.
The number of applicants for Teach
for America climbed 32 percent last year, to a record 46,359.
Organizations like Harvard's
Center for Public Interest Careers have been overwhelmed -- and
overjoyed -- with the swelling demand from talented 20-somethings.

But is it because they were raised
on breast milk, Barney, and community service credit?:

Some experts say millennials -- those who grew up in the 1990s or the 21st
century -- are unusually big-hearted, maybe because of the community
service requirements they had in school.

"The millennial generation is a generation that is just more
interested in making a difference than making a dollar," said Max
Stier, the president and chief executive of the Partnership for
Public Service, a nonprofit group that advises government recruiting
efforts.

Or is it just because selling out isn't an option right now?:

Since the recession began three years
ago, the private sector has shed 7 percent of its jobs. The federal
government, meanwhile, has expanded its payrolls 3 percent.

While many of those who graduated in 2008 got whisked off to
high-paying jobs in consulting and finance, the graduates of the
barren years of 2009 and 2010 were not courted in the same way. They
were mostly left to scrounge about for their own job leads.

Either way, maybe it'll stick, at least a little: Nonprofit
groups worry that these bright-eyed young hordes will abandon them
once the economy recovers and fortune comes knocking. But having
started on the do-gooder track, for whatever reason, the
twentysomethings interviewed in the story were at least paying lip
service to the idea of continuing -- even if they eventually have to
start thinking about the fact that they're not going to get any
Social Security.

"I'm not opposed to working
in the private sector, depending on what was available as I get older
and need a more lucrative career to support family and so on,"
[thwarted merchandising professional Alison] Sadock says. "But I'd
still like to be something more meaningful. Maybe something in
corporate philanthropy would work."

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