On Feb 17, 10:00 am, (SAT W-7) wrote:

I understand about giving lessons to make money but lets project your
living for a full year can you make it then as a lower rated GM without
having a full time job ?

My friend, I have already described a fellow
who "makes it" from a position several classes
BELOW the GM level! Now, perhaps his
standard of living is not particularly high, is not
good enough for a person who, it might be
assumed, could get a well-paying job in some
other filed if he wanted.

The difference is that the local-yokel must
scrap day by day, while the GM has a title for
life; the GM can, for instance, get online and
make money from home giving online lessons,
or he can give simuls or choose to travel and
compete for prize money; in sum, he has a
great advantage.


At the very least money that i can live on is about I,I50 $ a month
, mortgage , bills and gas , food , ect , ect ......That would just
barley get me by i think ?

Who said anything about home-ownership?
Hey, you can't take it with you! Try a nice,
inexpensive apartment and live on the cheap;
remember, you won't be needing that tax
deduction you get for mortgage interest
because as a chess professional, you will
be in a low, low tax bracket. OTOH, if you
are raising a family, you should be shot for
mucking around with chess; keep your house,
your wife and kids, and give up the less
important things. Like chess; of course, you
knew that was less important... right?


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