The Smartest Investors Club
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Smartest Investors Club

Business

He plays rich on screen, but dreams of full-time work: ‘Why can’t I get a living wage?’

by July 12, 2024
July 12, 2024
He plays rich on screen, but dreams of full-time work: ‘Why can’t I get a living wage?’

Editor’s note: This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday Americans.

Doug Sharp isn’t a rich man — but he has played one in Hollywood.

Sharp, 59, lives in L.A. and until recently got the bulk of his income by driving for Uber and Lyft, while moonlighting as a paid extra.

It’s the chance to earn the spotlight and others who share his passion for acting that keeps him going after years of failing to find any other kind of full-time work.

Primary source of income: Sharp says he struggles to make ends meet, having survived the past few years off a generous pandemic unemployment reimbursement.

He has begun taking delivery orders on UberEats, but said the pay on that platform barely makes it worth it.

What keeps Sharp going is acting — a notoriously fickle endeavor but one he says has upside potential. He recently obtained a small speaking part in an upcoming production featuring at least two Hollywood A-listers — and saw his daily pay rate go from about $200 to nearly $1,200.

‘The money for background is good, and there’s always the possibility of being upgraded to principal,’ he said. ‘That has happened to me — I have not found a replacement for it.’

Still, it’s not consistent enough for him to obtain full Screen Actors Guild benefits, so his health insurance is through Medicaid.

Living situation: Sharp lives alone, and said his housing situation is unstable. It includes periodically renting from a friend as well as an unauthorized arrangement he wasn’t comfortable discussing on the record.

Economic outlook: After nearly a decade of making steady pay driving for Uber and Lyft, Sharp has effectively quit both platforms for now, in part because, he said, their base pay and regular rates are no longer enough make it worth it to utilize the platforms, especially for what’s needed to live in Los Angeles.

Acting remains enjoyable — Sharp said he is not a celebrity hound and simply enjoys being around other people.

‘The older you get, the less parts there are,’ he said. ‘However the pool of older guys is smaller — and shockingly I always play the rich white guy, because that’s what I look like. But I didn’t I know look like rich white guy until started playing one.’

Yet the gigs have been hardly steady enough to make a career out of.

‘What I can tell you is I barely work,’ Sharp said. ‘In May I worked two days, in April I worked four days, in March I worked two days, in February, I worked two days, in January, I worked one day.’

Budget pain points: Sharp struggles with buying basic necessities, to the point that he found himself recently trying to return goods around his residence back to Home Depot and Walmart for cash or credit.

He owns a car, a Fiat 500, but is trying to obtain a new one through a rental company so that he can get back to driving for Uber and Lyft — even at the reduced rates. However, he’s not sure his credit score will be good enough for him to obtain the new vehicle.

Outlook: Sharp said he basically started his life over in his 40s, when he obtained a business degree from the University of Massachusetts-Amherst. But he graduated in 2013, when the economy was still emerging from the global financial crisis, and couldn’t land a job.

Uber, and later Lyft, provided a lifeline, and he enjoyed the work. But over the years, their rates got lower and lower.

Still, returning to those platforms remains his key financial objective.

In the meantime, Sharp struggles with depression and anxiety.

‘The one thing people hate are educated white men, who look rich but who are poor,’ Sharp said. ‘They think ‘Oh, he must be lazy, or on drugs what is his problem? I get this — I’ve watched my friend group move away.’

‘I am ashamed about where I am in my life as it relates to my finances and not knowing how to fix it,” he continued.

Finding a full-time job — even at a fast-food restaurant, and even in a labor market that the Federal Reserve says remains relatively healthy — has been a lot more difficult than one might imagine.

‘I do qualify for food stamps, I do qualify for [Medicaid],’ he said. ‘I’m not embarrassed about that, but when I’m willing to work — and bust my ass, why is it that I can’t get a living wage?’

Ironically, fast-food jobs are now quite difficult to obtain, Sharp said, not least because their hourly wages are now higher than in many other industries thanks to California’s new $20 minimum wage for workers in the sector.

‘It’s embarrassing because it seems like there’s a piece of the puzzle that I’m not telling,’ Sharp said. ‘I’m doing everything I can.’

This post appeared first on NBC NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Rate cuts before the year’s end could make your next trip abroad more expensive
next post
Pepsi and Delta say consumers are hunting for value

You may also like

Average credit card balances jump 10% to a...

Caroline Ellison, former FTX exec, sentenced to 2...

Clothing chain Bob’s Stores closing after 70 years

Google CEO Pichai struggled to navigate a pressure-filled...

The plane that crashed in South Korea is...

Google launches first AI-powered Android update and new...

Hiring is slowing — slowly. It might be...

Stellantis CEO says $25,000 Jeep EV coming to...

Savings drained and living off $2,400 a month,...

‘RFK’ing the french fries’: Steak ‘n Shake becomes...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Challenges posed by Trump and Putin push UK to adopt new NATO...

    • Lost dog returns home after swimming to island in 100-mile trip

    • Halcones Precious Metals Provides Update on Polaris Gold Project, Antofagasta Region Chile

    • Charbone Hydrogene Annonce un Financement de Reglements de Dettes par Emission d’Unites pour un Montant Total de 1,3M$

    • Charbone Hydrogen Announces Closing of Units for Debt Financing for a Total Amount of $1.3M

    Categories

    • Business (1,674)
    • Investing (5,019)
    • Politics (7,877)
    • World (6,385)
    • Terms & Conditions
    • Privacy Policy
    • About us

    Disclaimer: thesmartestinvestorsclub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 thesmartestinvestorsclub.com | All Rights Reserved


    Back To Top