My husband and I met waiting tables in our college days. That’s what all the college kids do, you know, until they get a degree and get a high-paying job so they can pay off the degree. (Only 27% of college grads have a job related to their major and 38% of grads work in a field that doesn’t require a college degree. Washington Post)
I’ve told my husband for years that being a server is a decent way to earn a living. Here’s why I think so:
- Less Hours. Waiters/Servers can make a full time income working part time hours. It’s common to make around $20/hour (more at high-end establishments) including the small hourly wage.
- Flexibility. Employees are not usually hemmed in by a typical work-day schedule, and it is also easier to take off work if needed.
This is the biggest advantage, to me, for entrepreneurs or those who have other career goals. It allows more hours and flexibility to build a business or do investing.
- Lessons. Frankly, serving is good for us. It makes us more patient and humble. Those aren’t bad traits to acquire as a by-product of your work.
- Fun. For people-people, waiting tables can be lots of fun. Also, the uncertainty of your daily wage is actually an exciting challenge for some.
- Financial Gain. The best part of this plan is the financial benefit compared to the typical, average college experience.
The disclaimer: I’m not villainizing college, especially for those who have a plan and college is the only route to accomplish it. But the percentage is high for those who simply go, with no premeditated intention, because that’s what they’ve been told they’re supposed to do. I’m simply opposed to the mass, social peer pressure of college accompanied by the silver-bullet facade.
Watch this:
If a high school graduate begins waiting tables at the age of 18, making an average of $18/hour, working approximately 3 days a week for 5 hours (very low numbers), at the end of 4 years he stands to earn $56,160. That does not account for any investing he may do which could potentially double or triple that number.
His (average) counterpart who chooses college will end his 4 years owing an average of $35,200 (CNN), not including housing. If he lives on campus or away from home, his expenses increase by $24,000, at the least. One survey revealed that half the students believe it will take them 9 years to pay back their student loans.
Meanwhile, if the first graduate waiting tables is tired of waiting tables, he has had 4 years to think and a lot of experience to give him insight on what he might want to do more permanently. And what’s more, he has money to move forward, invest, or start a business—or go to college.
I’m just sayin’, plan A makes sense to me.
Addition:
How fun to find this video after I wrote the post. Not only do I love the message, and it sort of reiterates what I’m trying to say here, but I love Matt Walsh and if you look beside him, it’s our Heidi St. John! (Still looking for the clip to hear her speak.)