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

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.

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.

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.

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

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!

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.

"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.

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

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!

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.

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?" Sooooo....scaled back side hustle efforts and that has been best for me.

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

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

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

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.

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.

The Austrian School of Economics and its hypothesis of what money used to be. That might spark some new ideas about what's coming ✊

Worked a full time career and retired with a pension. During that entire time, I served in the National Guard and was fortunate enough to receive several promotions because I took both careers very seriously. As a young member of the National Guard, I spent 20-30 hours a month involved in that role. As I moved into higher levels of leadership, the hours spent per week/month varied, but it was a decent balance. I took leaves of absences from my civilian career for military schools and deployment. All my National Guard pay went towards investments and allowed me focus my fulltime job on paying off debt and taking care of family. I still am in the National Guard as a retiree from the civilian sector. My kids got my Post 911 GI Bill and combined with academic scholarships took out zero student loans. We will be fully retired by age 60 (55 for my wife). Managing two careers was definitely the reason we are debt free and early retirees. Not enough people take advantage of the huge benefits that the Guard and Reserve provide for college and future financial security.

Erin. Very well said. You've become a "grounding" source in my journey. Thank you for spending time creating and organizing your talks, I really enjoy your videos.

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