I don't post often, so I apologize if this is the wrong place for this post, and for any errors in the jumble I have here...
I live in Southern California and I have a BA in Liberal Studies, with a concentration in Language and Literacy. The plan was to become a teacher. Due to complications in life and family issues, I was unable to progress further than my BA. It took me about seven or so years to dig myself out of a hole and things to settle down. Worked odd jobs throughout that time. I have been working hard the past few years with a clean slate.
For the past four years I have been juggling three jobs, and my average work week is about 100 hours. Full time nanny for one family, substitute teacher, and a babysitter for various other families...I gross anywhere between $2500-$3500 a month.
After all of my bills, I am left with anywhere between $500-$700 a month that I put away into savings. I have about $4k in savings, and $2k in an IRA I just started this year. My main expenses are rent and health insurance, but I have no debt. I'm no spring chicken at 37, and have made peace with the fact that I'll probably work until I die.
BF passed away last month suddenly. I unfortunately lost my nanny position (main source of income) because I needed to travel abroad and be with him. I am currently in Australia, living with his family.
They hate the fact that I, in their words, struggle so much for so little. And have very graciously offered $35k for me to finish schooling and hopefully start a career.
My issue is, I have kept my head down and working for peanuts for so long, that I really have no idea where to begin when I now have a moment of wiggle room and maybe a few options. To be honest, I just want to use this money in a way where I don't have to run myself ragged with three jobs. I just want to put it towards something sustainable.
Any and all help would be greatly appreciated. I'm sorry if I left out info that should have been obvious. I am still grieving and my head just isn't in the game.
EDIT: Follow up question. What is the best way to receive this money with minimal implications? Theyre Australian, and I am an American.
Submitted August 01, 2018 at 11:18AM by FinancialNovice https://ift.tt/2AxrYi4
