Overemployed - Would You Work Multiple Jobs To Reach Financial Freedom Sooner?

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Would you ever consider working multiple jobs? Not just a job and a side hustle but two full time jobs?

Thanks for watching @ErinTalksMoney I appreciate you!

Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research.

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#remotework #hustle
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Yep I did it. Was making over $320k a year doing it. I made sure not to work in industries that were conflicts of interest. Helped that both jobs were quite easy so not much to it and honestly could have added another one to the mix. I didn't have any ethical problems with it since I satisfied what both employers were paying me for.

rickchandler
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Most managers always act like they do not know what you do. This I until something breaks N. They need it fixed.. their memory comes back quick and your valuable again for that moment. Then it's back to what have you done lately.

ohsnap
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There were times when I worked two jobs - but that was always before I left the workforce altogether - such as returning to graduate school. I'm glad that Erin stressed work-life balance. When you are in your 20s or 30s you are stronger and more energetic and working multiple jobs may seem to be a logical step towards financial security - but you need to remember that you will be in your 20s and 30s only once - so while securing your finances is important, don't forget to enjoy your youth - visit Europe or a national park. Climb a mountain or try zip-lining. You only live once.

BoxOfRain
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As an independent software developer, I've done this at times and it can be very intense. To avoid burnout, I've usually only doubled up on projects for limited periods of time to accomplish specific financial goals, such as paying off a debt or making a major purchase.

RogerMKE
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I don’t know how people have the energy to work two full-time jobs, even if it doesn’t necessarily require 40 hours a week. My mind would eventually just shut down and I’d be unable to enjoy the little free time I had left. Kudos to those that can do it — you’re real soldiers.

mashort
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This has been very insightful. I wish more YouTubers take the time to create quality content like this. Thank you for sharing this take. Keep it up!

MoneyOpulence
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I worked two jobs and went to school for my PhD. It was exhausting, but worth it. It is a bumpy ride as you elevate.

FIRE_DrNinjaTurtle
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Wow, that is a lot of folks working 2 full time jobs. I had no idea.
Very interesting topic.

tfttft
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Your time is the most valuable thing you have. You decide how it's best for you to spend it.

avstars
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"Financial freedom takes time".... very wise words as an investment strategy! Yes, at one time I worked a full-time and a 3/4-time job. Although the money was fantastic, it burnt me out and left me irritable and resentful.

josephstevens
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I have absolutely zero ethical qualms working multiple jobs and I want that money to pay off debt, and hell actually start saving for retirement as I'm waaaay behind in that department considering i'm in my 30's. I also want to be able to help my parents out financially if they need it.

maestrojo
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Excellent and timely! I still do my side hustles, but one day I stopped and thought...."Hold on. These side hustles are trading time for money. And if I push it, they can take the energy out of me, which in turn takes energy away from my business. And the business I own? Because it is a route based, recurring revenue service business; in a few years I will be exiting and getting an X% revenue multiple as part of the buy out. Why in the world would I sacrifice building on that big pay day?"

back side hustle efforts and that has been best for me.

RA-bgpe
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I read about a software developer who outsourced his work. He eventually went from multiple jobs to zero jobs.

JohnPMiller
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I'm on the opposite side of the spectrum. I found one full time job too time-consuming so I went to Part-Time status. I know have an extra 8 hours every week to go hiking! :-D

kentloar
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For most of my adult life, I had a secondary income from my wedding DJ business and did 40 to 50 weddings a year on top of working f/t - it was very much like having two f/t jobs. I initially used that money towards putting myself through college and later paying off our mortgage sooner once I got a f/t job. The extra DJ income also allowed me to contribute more to my retirement accounts than I would have been able to otherwise. Once the mortgage was paid off, I starting maxing out the accounts (401k, 457b, and ROTH IRA). I started my official "career downsizing" when I retired from DJing and closed the business at the end of 2022. I'll keep my f/t job until the end of 2025, retire at 60 with a pension, and then work p/t doing consulting until 65 or so to keep my mind occupied.

vernshird
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If I was guaranteed never to have to work again (jobs I didn’t want too) and could do so within 4-5 years of working two jobs, I would consider. Otherwise, I wouldn’t. I have seen firsthand how devastating working 80+ hours a week can be on someone. Great video as always Erin!

nathanyoder
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My full time job allows me to work 50 hours a week. Don't have time for any side positions

pauln
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I am so glad I am retired. This is a different work world than I am used to.

martypoll
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I wonder how these multi-job folks are affecting the BLS jobs numbers. I've had a loooot of downtime in my current teleworking job so I've almost considered getting an additional job, but it seems like a big hassle.

LiamRappaport
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Between my full time job and a couple side hustles which take up another 20+ hours of my week, I don't want any more responsibilities taking up my time. If I didn't feel like the side hustles were something I could parlay into a full time gig if I got fired from my current job, I probably wouldn't bother with them.

FaintAura