1. I will be working in a field high in demand. Working multiple jobs removed the pain of the potential of being fired. But also it’s so in demand that you probably will not fire you at all because you were hard to find in the first place 2. I give no flying Fs about rising the ranks at a job or having them see me at my best. Literally just there for the paycheck. I don’t even display my full personality at work. 3. The mental health thing is critical. I’m working a field that is typically “easy”. Low work load. 4. The extra money has allowed me to max out my 401k, Roth IRA (while I still qualify), HSA and life insurance. Now we are experimenting with investing into side businesses and lending our money. I will NEVER AGAIN use “sweat equity” to build wealth. You absolutely can invest the money from your fixed income so you can build without hustling your life away (if you want to talk about protecting your mental health, starting a business without cash may not be the way) 5. You are replaceable to the job. It’s great to start seeing your job as replaceable for you, too by having multiple and not tying your ego/self worth to your title at said job. 6. Making more money has allowed me to spend more time with my passions. The idea of “the money will come” kept me broke for 2 decades. I had (and still have) determination and resolve. Having money has allowed me to achieve more even faster. Hustle culture - working my butt off for no pay because I am “building”… Never again. Never be broke. And the money you saved when you worked 2 jobs also allowed YOU to follow your dreams. You wouldn’t have been able to do a lot of what you are currently doing without that cash. You would still just be grinding. The money didn’t “just come”… you did the smart logical thing to make more money to use on your life as you see fit. I just know I never want to be in poverty ever again. Never again broke AND working my butt off. Nope nope nope.
My husband worked 80-100hrs a week for 1 job, in person. US Marine Corps. He did it for the better part of 20 years. He thought he was making a difference and all that. But it ended up that he's also disposable and he didn't realize it until he destroyed his body and mental health. Looking forward to retirement.
There is 1 saying that I heard, ( I don't remember where) but it always stuck with me. "It's not what you are doing that matters, It's what you are perceived to be doing that does."
Sounds cool! I think that nothing lasts forever. I have three degrees. 20 + years experience. I am still struggling to pay rent. I would just like to get my debts to zero and see what that feels like before my life is over. I appreciate all the insight! Keep moving forward!
You lost me when you said you can't build your way to wealth working two jobs. If I worked 2 jobs saving 200k a year over 5 years, I have 1 million dollars. That is wealth!
Entrepreneurs tend to use wealth to mean hard assets and semi-passive (decoupled most of their time from activities that produce income) streams which also can't be destroyed easily by unexpected life events.
I’m trying to figure out why he didn’t take that increased income to invest to make that $ work for him. The reason he stopped is lack of discipline and a plan. Invest in some EFT’s and stable businesses. Then you keep building out your portfolio until you can easily stop and not have to work at all.
SW contractor here working for 2 companies with a total workload of 150%. Negatives so far are the stress of meetings all the time from both sides. Takes away og time you could progress on the tasks at hands. Positive is that you learn to prioritize what's most important because you have no other choice. I imagine becoming parrent has similar effect. My goal is earning as much money as possible to put in the current down market. That is my scalability. When market is up again, whether it be 6 month or 3 years, it probably won't be worth the load anymore and I will shift into my own hustles to build something else scalable. Thanks for your videos.
Just a note- these points are NOT for everyone . I have been working remote 2 jobs full-time as a Full-stack developer for the past 2 years. 1) I have a peaceful mind (I go on 1-hour lunch breaks as well) 2) I make money to invest in my business so I don't work for my time. 3) I get more exposure on different tech- stacks at the same time (More learning) 4) Make $390K from my home. It's all based on you. If you are good and effective at what you do, take it.
It is pretty great, let's be honest. You finally have money and on any single job you don't feel as much pressure to conform. You are much more free to actually do good work because you are not as constrained. Meetings and sucking up, not so much.
I really love your videos and topics mentioned here. For me working 2 jobs at the same time as test engineer was surprisingly a huge advantage in my current work. I used to start work from the least important topics, now I always start from the most important ones and now manage to do it effectively. I try to have similar technologies between projects, so if I fix some issue or learn something on one project it can be often instantly used on the other one to make life much easier. I manage to finish both works in around 8-10h maximum, although as you said, sometimes I wish I had more time for my family or just to read something. Waiting for more videos and keeping fingers crossed for the channel ! :)
Imo the benefits of over employment are experienced when having a plan you’re working towards: 1. Pay of debt 2. Increase savings 3. Diversify the extra income into investments 4. Specific purchase goals Doing it to live paycheck to paycheck is pointless. But think it’s great if it accelerates you towards the end game/exit.
I’ve decided to work two remote jobs for two reasons. 1) cost of living - I live in California and my first job is actually a pretty good job and pays well BUT that’s not the case in California! I barely make ends meet here with my good job. 2) student loans - I needed a degree to get a good job and my degree is really the reason why I got the first job since I didn’t have any previous experience in that field. However, the thought of having to pay my loans for 20 years scares the living hell out of me. The sooner I can finish those the better for my mental health. That reassurance tops any other mental health issues I think I could have from working the two jobs
Why in the hell would you do this to yourself just move to Seattle, Portland, Austin, Orlando, Tampa, or Miami and live 30-45 minutes outside the cities. The amount of time you would save not working a second job, your new commute time wouldn't even eat part of it. Hell Boston with its relatively high taxes is better then your situation. Just get out of California, and don't go to New York and you will be better off. And for the love of god don't vote for what caused California were you go next.
I’m working 2 full time remote jobs but has a different shift on both. So basically i work 16 hrs per day with both weekend off. Both companies are not based in my country. 1st from S’pore, 2nd is based in Germany. It has been 15 months and not get caught yet. I probably not gonna work like this forever since it can be exhausted but I’ll push myself at least for another 7 months for the money. I want to clear my debt and buy a house. This is doable but need to be extra careful. I never lie yet since no one ever asked me whether i work 2 job for now. If somehow my employer ask, I’ll just come clean
Thanks Jake, being a software developer myself, I was seriously considering taking on one more job, but was really confused about the pros and cons. Your advice has been the best and definitely helped me see both sides. I saw your other videos, but I subscribed to your channel after watching this one. Bless you and keep up the good work!
I'm a product designer as well! For a while I considered working 2 jobs as well, but then I read Naval's book and I decided against it, I totally feel you :)
To anyone who is watching this video and trying to get multiple remote jobs. Stop overthinking and just do it. The tricks are.. 1. Stay low and don't announce to the world you're doing multiple jobs. Only tell your close family if needed. 2. Plan ahead. Have a clear target why you need multiple jobs? Do research & make your own system that works for you. 3. Join a like-minded community for support. 4. Don't fall in love with your jobs. 5. Don't get comfortable. You have two jobs? Great. Why not do side business for extra income? Why not create that online store you always talk about? Start building something. 6. Stop overthinking about fulfilment shits. Just take the money or someone else will.
100% disagree w the wealth part.. in order to make money from equity, you need a substantially amount of capital.. but these things are not mutually exclusive.. you can work 2, 3 jobs and funnel it into investments until that becomes the main source of income.
I have to disagree with your Naval point. You can easily put that additional money to work, invest it, max out pension contributions, down payment on a rental property… the list goes on
That’s fair. If you could sustain two jobs for a few years then I think you’re right. I was going crazy after 8 month and was only able to save $60,000 after paying off all of our debt. So in my mind it’s hard to make the wealth Naval is talking about with only $60k to invest. But after several years of doing two jobs you could save up some enough to make some meaningful investments. I appreciate the comment! 👊🏻
I have started 2 jobs for about 2 months now. I think everything you said is correct. From my experience. 1, For someone consider working 2 jobs, you really have to finish daily work within 10 hours, or maximum around 50 hrs per week. Above 50 hours per week is not sustainable for anyone. 2, 2 jobs are my insurance for unemployment. The chance to be fired from both companies at same time is way smaller than fried by 1 company. 3 and final thoughts, I think the environment is extremely good for remote workers. Corporate america is not stupid, they will start checking employee activities in the future, or bring people back to work. Having 2 jobs is not forever, so, while it can, enjoy the money coming in.
Real reason @ 4:50 Good stuff Jake! There's nothing wrong with being the grey man though at your second job. I think a second job is a tremendous way to save for a short to mid term goal. I don't think it's sustainable for years though.
Thanks for answering question about why you stopped it! I agree on everything you are saying, but sometimes its good to feel that stress/big working hours to earn money and know your value😎
Eh, as a finance professional, I kind of take issue with the idea that you won't get wealthy doing this. If the main issue is that most people adjust their lifestyles and don't actually save the extra money, that's a "THEM problem", not a "this strategy problem". I already plan on retiring absolutely no later than age 50, and that's with "only" one job and no real effort to generate other income. I max my 401k and I make sure that my lifestyle doesn't increase at the same rate as my income. For every additional $500 I make, I MIGHT tack an extra $100 onto my "potential fun money" budget, so call it 20%. Anything above that, what's the point? I'm hoarding money NOW so I can drop out of the job market a decade or two before everyone else. Make the sacrifice, people. It's worth it.
Yeah I’m in hr - now - used to be coo type jobs. There are “senior” level roles that are almost all mentoring and counseling and strategizing (corporate babysitting basically) and there’s no “tasks” to do or admin or projects. I’ve found half my time in any job was always consumed by forced socialization and irritating chit chat and office invasions from the endless bored and idle “work friends” you must have… I can do two jobs easily at home far better than one in an office. It depends on the type of work. If it’s a skills based job or anything involving any kind of admin don’t do it. “Exec” stuff or similar you can do easily. Maybe even more than 2
I found this video valuable because if anything its convinced me I am probably the small fraction of the population that WOULD be suited to working two jobs remotely. 1. Im homeless and on someone's mercy for shelter and food right now. Im learning to code on my own (Javascript, CSS, HTML, Python to start) while working as an admin for a small company practically under the table in the meantime. I have less time than ever and feel the least productive I ever have. I have a goal of being able to simply make rent and basic cost of living in my city so it is very much about the money for me while learning. Im replacable at any job I go to so right now im not tied to anything should I get fired. 2. Im not attached to a niche or professi9n right now and more money would change my life alongside feeling like Im actively helping to change my situation. 3. I already suffer from depression but im high functioning and have my own systems to cope. Working my way out of straight up poverty and hand to mouth living would help a ton and help me escalate my skills to a career where maybe working twice as hard to survive isnt necessary in the future. 4. I am a college drop out with no hope of going back so im learning a wide scope of skills to be able to translate into a future career across many different paths so I just might be able to make that decision on a direction further down the road but right now i dont want to limit myself by tying myself to one idea of what I want to do with a certain skill set. I want to continue learning and build up a good base of knowledge for myself studying on my own and achieve the ability to be adaptable. Thank you so much for kind of killing a ton of my doubt about what I'm doing in seeking dual full time employment. A singular job just isnt enough for what I want to achieve right now.
You missed covering one aspect of working 2 jobs that rarely gets talked about. When you eventually quit 1 or both of the jobs and you go to get your next position, HOW do you list the two positions at separate companies with overlapping timelines? The best I could come up with was to refer to it as "Sanctioned Contract Work".
I'm in this exact boat. I'm thinking of just putting the year/s worked and the job on my resume (not exact dates/months). The only people who will question what exact dates would be HR in the new position for reference checks, and that reference check would only check for dates worked and not the legality of your previous working practices. Well, thats the angle im going for :-)
Why do you have to mention both? Generally you will have a job for a while, then take on another and when you quit the last one or both, there is no need mentioning it at all. I have done lot of jobs including tutoring that are not on my resume
@@last_samurai6690 For me, each job can be in a completely different industry to the next. Therefore I need to show I have experience in said industry by showing it on my cv.
This is a no go most of the time here in the UK. Your new employer will always carry out “reference’s” with your past employer - does that not happen in the US?
US tech employers also directly get work history verification from Equifax-run WorkNumber. This is auto reported and can be auto-pulled. Very few jobs (government for example) are excluded. I dont know how any of the overemployed crew can square this away...
Hey Jake, You have a lot going for you. You've got 'stage presence' and work well with the camera. You've got a nice resonating tone of voice and use smart communication techniques - ie making the viewer feel like they are being spoken to individually, not being 'talked at'. I appreciate that you stick to the subject matter and don't ramble. It means people like me won't be trying to skip forward to get to the meat of the video, or worse giving up and click on something that looks more interesting in the sidebar. "Ooooh, 'Why Netflix is Collapsing' - What's that all about?' Humbling yourself and asking the viewer within the first minute of your video for feedback is solid way to connect and engage with viewers and grow your subscription. TH-camrs that regularly engage with their viewers definitely have more 'repeat customers'. said Captain Obvious. I'm a communications consultant, not a TH-camr, so I am probably preaching to the choir here. You probably know more about this business than I ever well. But I do know a little bit about communication techniques - blah blah blah. For instance, I'm boring myself right now so I'm probably boring you and anyone else who is still reading this. I know, I know, 'TLDR'. Whateva, I do what I want. My paid comments are far better written. JOKING. I don't get paid to leave comments. Wait, is that a thing? I wonder if that's a thing. Keep it up Jake, sorry for the above blah blah blah, not sorry enough to edit. Cheers!
I just started watching your videos bro; they're very insightful, especially on such taboo topics. Thank you for sharing this with the world. Keep doing what you're doing.
super helpful Jake! especially the point about focusing on making a meaningful contribution and working towards projects that are meaningful for your legacy :)! thanks!
Good stuff, dude. I too am a UX designer that works 2 FT jobs. I earned $300,000 last year after bonuses. I have no problem being mediocre at either job; my portfolio is sound. After maxing out my 401k and IRA and HSA last year, I've saved up $25,000 to invest in buying businesses. I'm also setting aside $8,000/month to split between a brokerage account, a whole life account and a high-yeild savings account. Buy January 2024, I'll have a Line a of credit against my brokerage account and my whole life account. My goal is to purchase assets that will offset one of my jobs with passive, residual income.These assets will feed back into my investments that will have a line of credit to pull from to buy more assets. By 2025 I plan to fully retire.
Ok......but with a full-blown recession here, and the fact that companies make it almost impossible to get a raise nowadays and they don't value at all anyway I think you have no reason to be loyal to a company. Also, what if you have multiple jobs but you either Outsource some or most of the work? This way you are making more money but you are not having to work more hours and it sounded like your reason for getting caught was so unique to you that as long as you are smart about it you shouldn't get fired but if you did there are companies that can quickly replace your job for you. And while you have multiple incomes that gives you the space to work on growing your own business.
Fundamentally everything we do in life needs to have a clear purpose or valued end goal otherwise to continue to do that activity quickly becomes hollow and meaningless. Multiple jobs are no different.
This is Good Insight! But what about the other side of things? Make another video on what you should do if you are working two jobs ! Lets hear a different perspective on why you choose to work two jobs and what made it easy for you to began doing that!
Your so right people often confuse having a lot of capital equals having higher potenintal to grow a business but like your said your missing all the skills that are required to make it succeed
If you find a second equity/investment/business that generates you $130k/year (and not based on your time put in), I’ll be here for that video! Haha. Totally get what you’re saying about time vs. earnings. Working out the “TH-cam model”, I generally calculated that I’d need like…1M subs or to produce 2,000+ (quality) videos to earn enough to replace a standard 9-5 income, which ends up becoming another full time job in itself. It’s been interesting following along though-UX/Product Designer here too.
It becomes more than a full time job. I am really against the narrative he’s pushing here. It’s the same thing people like Gary V talk about. You will make $0 on TH-cam for god knows how long, subject to the algorithm changing every month, and working more than full time hours - or… get another job that pays six figures and save it so you can pay people to manage your TH-cam channel for you. 🤷🏾♀️
I'm drinking an expensive beer at the table watching this video and I'm thinking about working on three part-time jobs. I feel this guy like a friend who is helping me to decide my future 😅
What about non-tech jobs? If you're doing something that isn't on the phones then heck yeah it's a good idea. Why make just 15 an hour when you can double or even triple that?
What kind of corporate propaganda is this? I don't remember seeing that this was a sponsored video. The extra income certainly builds wealth if used to do so.
Hi Jake, Thanks for the video! It is definitely helpful. I do have a question though. - When you are applying for 2nd job, when they ask for references what did you do or how did you handle it? - When you are filling out the tax forms such as W4 and other forms, how did you fill that out? I believe there’s a question saying “Do you have a 2nd job?” Last question is “When they ask for references?” What do you think we should do? Btw, Can we connect on LinkedIn? Thank you, -T
I did it with 2 full time warehouses jobs. Capped out at 96 hours in a week. I wanted to hit 100. Of course getting an emergency fund back AND paying debt down is the best way. Full time work while full time HVAC courses.. Whats the difference? Now, my resovlve is stronger and will and ablilty to only survive on 2 and half hours of sleep its now I KNOW I can do. We are all pawns well pawns do not require that much effort. Just muscle memory. Cheers all and good luck GET THAT FINANCIAL SECURITY.
My problem with this convo is that you're not defining "rich." What do you define as rich? If being a millionaire makes you rich, then you can easily do that by retirement time on a normal salary if you do Ramsey's 12 steps. If you OE aggressively for your whole career in tech, you might even squeeze into the top 1% if Americans. (13 million net worth). If you're looking to have more than that then yes, you need to go into entrepreneurship. Which is higher reward but also higher risk, and we aren't exposed to those failures due to survorship bias. Personally, I would call anything above 1% ultra-wealthy. Imo you need to have a really specific motivation if you're going to sacrifice it all to acheive that status. I'd rather just make enough enough that I can stay flexible and secure in my life and support a family, and then give the rest of my time to family and friends.
Hi Jake, here's a question. What do you do about workplace verification that HR does? Your new job's HR or outsourced company will call all jobs on your resume/application and ask to verify you worked there. If your current HR has a direct line to you manager, they may tip them off. Any solutions?
more and more I see: there are 23 or 25 year old who outright get $260k TC. But if you are 38 or 40, they don't hire you and sooner or later you are forced to work as a contractor, and your TC is $150k or $160k TC. And if you take a 3 week vacation, you have no pay, while the full time person still gets paid. Also, if you take the 3 weeks with Xmas, the agency may tell you there is a rule that a vacation cannot be more than 4 weeks, even if it is combined with Xmas shutdown. (like prep'ing you be a better slave for the client). So, a 38 year old getting paid less than a 25 year old. And then you work 2 jobs... I don't know what is going on. People say, if you are 38, they can discriminate you by age and it is legal. Only when you are 40, then it becomes illegal. But I talked to lawyers. Basically no lawyer wanted to take any case about age discrimination. So I really wonder if LeedCode is just an excuse to reject you. To a 23 or 25 year old, they say they are more "lenient" about their Leetcode answers. But when you are 38, then they want perfect Leetcode answers, fail you, and then pay you 50% or 60% as the "not as good answers" people. So I wonder what this is about
Thanks for sharing the reasons. My only feedback is it would be great if there was less of an intro (the reasons only started after 1:50). Other than that, liked & subscribed
Don’t leave the both job. Find who is already in startup and can give you immense benefit specially in india, you can really invest good money on startup. However, startup could be give you negative number in return too. Be careful,
LOL, my company screwed me for years, I was doing 2-3+ times the work of others in my team and was never promoted, and my salary only increased by 15% in 5 years, I wish I had known overemployment was an option as I would have just done the same workrate as others (would not have affected anything) and grabbed that second job 😒
I think it’s worth considering that for any high level job that makes you quite a bit of money, you have to sacrifice A LOT. Spending all that time is not a sustainable way to see exponential growth; however, having a plan in place like paying off debt, saving for a house, or investing in your Roth or 401k is worth it. I very much subscribe to working extremely hard while Im young in my 20s to allow my 30s and beyond to be lucrative and sustainable.
This video is low key promoting hustle culture even though you are speaking from the privileged place of earning $200k+ from a second job and using that money to invest in the things you care about. What I really want to know is … knowing your goals and your family’s needs … would you really not do it over again? If you could rewind the clock, you wouldn’t work a second job again?
@@tannershort no he’s not. At the end he talks about how to create wealth - using the same old “a job sucks” rhetoric hustle culture gurus use. If you’re not using your job to create wealth, what is the alternative? Instead of using money to invest, it implies starting a business using your time and energy. Because I care about my life, I won’t do that. I will get a job to pay me well above my means so I can invest that money and use my free time enjoying life.
That's tough.. I think if I could go back I would not do it again. I was chasing short term money that I didn't need and putting off what I really wanted to do. But if the time ever comes when I really need money then I wouldn't hesitate to pick up another job. Thanks for the question!
I noticed many ITs quitting jobs where they are told: "telecommute is not a right, it's priviledge", and besides not giving them full telecommuting, thus ITs are quitting. I can see the positions being vacant
It’s not realistic to work multiple remote jobs for very long time. But we can sacrifice a year or two working multiple jobs and invest as much possible in stocks or mutual funds.. there you go, enjoy looking at your wealth grow!
dude the kind of money hes talking about making is more multiple times what a lot of people live off. so what if its spread out over the year that doesnt mean you spend it all wtf?
If you don’t have enough money you don’t mind the time, but once you have the money you don’t have enough time. You felt like you had the time so you wanted more money, then you saved enough from 8 months of double dipping that you felt like you didn’t have the time anymore.
I get the reasoning of this video. It's a devils advocate move but I do understand where your coming from. However without renting out ur time you can't get the money to invest. I appreciate this video. 🙏
The video turned up from having two remote jobs to money education. LOL. I do two remote jobs at once and I'm pretty educated about money. in my opinion just do it if you can handle all of that stress. I got so used to it tho. only got fired once that's all, but I'm always looking for other companies that could pay better or just as a fallback just in case. pretty good plan if you ask me :).
Gotcha bud. I am also trying to become a TH-camr or steamer because comp sci is not for me and I got a MASTERS. Keep watching other people like you for ideas!
Hey Jake! Cool videos very interesting! I am wondering how you handle personal career branding? Where do you say you’re working? How do you handle coworkers from the second job adding you and following you online? Do you just leave things not updated?
When I got the second job I just never updated my LinkedIn. I have my account hibernating right now. I'll probably go update it eventually now that some time has passed and no one cares anymore.
But paying off a car isn’t an end goal. Once the car is paid off, I’ll need a brand new and nicer car. Or at least another car. So I can’t put that on my goal list as something worth having for the long term. It’s only a car that will wear out or get smashed on the interstate. Then, I’ll need a new one. And I don’t buy used, thanks.
Hi Jake. My name is Marty. I’m working two jobs as a full-time custodian and a part-time hospital security officer. I live in Maryland on the southeast coast. I just want to find one job M-F with weekends off every week and make real money and enjoy life better with myself, family and friends. I have a Master’s degree in IT in computer information systems and want to find a full-time remote IT job with good pay (at least $60k gross to start) and good benefits on 40 hours a week. Where can I find these kinds of remote IT jobs? What kind of certifications do I need to get to do what you do? Are there any global remote IT companies or government jobs in IT you’d recommend that hire quickly (less than three months)? I’d appreciate it. Thanks. 👌🏻
In one of my jobs I’m tech lead, associate and therefore I have, what we can say, equity based reward, of course it’s linked to the success of the project that I own there, but the fixed paycheck is low, and my expenses ae not that low too, so i want to join in a multi-national software consulting co. That I received an offer, and work on both, the job that I have equity knows this, and we already arranged a way that I can have the meetings in accordance to my schedule.
New sub and new to posting on youtube also. Enjoying your content. Thanks for all the info! I work full time, mother of a teenager and kindergartener. I'm finding it hard to make time for TH-cam because I value my much needed sleep lol. How do you do it!
Hey thanks for the sub. It's a struggle. I still haven't found a system for pumping out videos that doesn't take over my entire life and thoughts. I think it's possible, especially with a remote job, but I'm still trying to figure it out haha
@@JakeFerrin I do have a remote job but it's specific hours because I do scheduling for a hospital. So it's after the 5 year old falling asleep is when I can work on it the most. Super hard. I did down grade my editing software to clip chimp (I believe windows movie maker previously) and I found that the simplicity of the program made editing a little faster. I have a couple weeks off coming up and I think I want to try to get into a better rhythm. When/if you find something that works well for you I would definitely be interested in a youtube video about that, I'm sure others would as well. I'll be binging your channel for a couple days so you should get a spike in views. I'll try to leave comments and likes when I can as well :) have a great day
Better to give one more excuse to be fired by the company and still have a job, than be fired because it wants to pleasure shareholders and end up with no job
I call bullshit at the 5:33 mark. There is a middle ground. What is stopping you from investing the money in the stocks markets or CDs. Compounding interest is very powerful. You could also buy a rental property. There are levels of wealthy and it is not all or nothing. You may be able to retire years earlier.
You use the money of your second job to invest in real estate, stock, or other investments. If you're trying to start your own business, over 90% fail, and often time you end up in incredible debt.
1. I will be working in a field high in demand. Working multiple jobs removed the pain of the potential of being fired. But also it’s so in demand that you probably will not fire you at all because you were hard to find in the first place
2. I give no flying Fs about rising the ranks at a job or having them see me at my best. Literally just there for the paycheck. I don’t even display my full personality at work.
3. The mental health thing is critical. I’m working a field that is typically “easy”. Low work load.
4. The extra money has allowed me to max out my 401k, Roth IRA (while I still qualify), HSA and life insurance. Now we are experimenting with investing into side businesses and lending our money. I will NEVER AGAIN use “sweat equity” to build wealth. You absolutely can invest the money from your fixed income so you can build without hustling your life away (if you want to talk about protecting your mental health, starting a business without cash may not be the way)
5. You are replaceable to the job. It’s great to start seeing your job as replaceable for you, too by having multiple and not tying your ego/self worth to your title at said job.
6. Making more money has allowed me to spend more time with my passions. The idea of “the money will come” kept me broke for 2 decades. I had (and still have) determination and resolve. Having money has allowed me to achieve more even faster. Hustle culture - working my butt off for no pay because I am “building”… Never again. Never be broke.
And the money you saved when you worked 2 jobs also allowed YOU to follow your dreams. You wouldn’t have been able to do a lot of what you are currently doing without that cash. You would still just be grinding. The money didn’t “just come”… you did the smart logical thing to make more money to use on your life as you see fit.
I just know I never want to be in poverty ever again. Never again broke AND working my butt off. Nope nope nope.
What type of job is easy and good paying job?
@@eodaeodafoo281 RPA - automation anywhere and UIPath is now the dominant
@@UdoADHD What is RPA Automation and how long does it take to learn that?
@@UdoADHD so what is the title of this job? RPA developer?
@@eodaeodafoo281 yes or RPA specialist
As an IT business analyst I always tell myself the dream job is a boring job.
How can I get into this ?
Real hustle is working 2 full time IN PERSON jobs. 🌝 imagine taking a poop break and running next door to your second job.
That’s insane and prob won’t even last a week😂. They’ll find out
My husband worked 80-100hrs a week for 1 job, in person. US Marine Corps. He did it for the better part of 20 years. He thought he was making a difference and all that. But it ended up that he's also disposable and he didn't realize it until he destroyed his body and mental health. Looking forward to retirement.
Hahaha
@@shannonsampson3267 So sorry you have to deal with that. You both deserved better.
There is 1 saying that I heard, ( I don't remember where) but it always stuck with me. "It's not what you are doing that matters, It's what you are perceived to be doing that does."
Sounds cool! I think that nothing lasts forever. I have three degrees. 20 + years experience. I am still struggling to pay rent. I would just like to get my debts to zero and see what that feels like before my life is over. I appreciate all the insight! Keep moving forward!
You lost me when you said you can't build your way to wealth working two jobs. If I worked 2 jobs saving 200k a year over 5 years, I have 1 million dollars. That is wealth!
Entrepreneurs tend to use wealth to mean hard assets and semi-passive (decoupled most of their time from activities that produce income) streams which also can't be destroyed easily by unexpected life events.
I’m trying to figure out why he didn’t take that increased income to invest to make that $ work for him. The reason he stopped is lack of discipline and a plan. Invest in some EFT’s and stable businesses. Then you keep building out your portfolio until you can easily stop and not have to work at all.
This is honestly the only reason why I’m about to do this is for investment purposes
Imagine trying to be condescending but you buy efts
@@mpforeverunlimited ETFs, not EFTs. Totally different things.
wow, he literally explained why he stoped and you turn it into “lack of discipline”??? you obviously didn’t listen
SW contractor here working for 2 companies with a total workload of 150%. Negatives so far are the stress of meetings all the time from both sides. Takes away og time you could progress on the tasks at hands. Positive is that you learn to prioritize what's most important because you have no other choice. I imagine becoming parrent has similar effect.
My goal is earning as much money as possible to put in the current down market. That is my scalability. When market is up again, whether it be 6 month or 3 years, it probably won't be worth the load anymore and I will shift into my own hustles to build something else scalable.
Thanks for your videos.
What if you loose all your money in The stock market? Then you’ll b working 2 jobs for life
Just a note- these points are NOT for everyone . I have been working remote 2 jobs full-time as a Full-stack developer for the past 2 years.
1) I have a peaceful mind (I go on 1-hour lunch breaks as well)
2) I make money to invest in my business so I don't work for my time.
3) I get more exposure on different tech- stacks at the same time (More learning)
4) Make $390K from my home.
It's all based on you. If you are good and effective at what you do, take it.
Amazing to hear. Thanks for the comment. The people need to know it's possible!
What stack do you work with? I want to do 2 jobs as a Devops and Cloud Engineer.
It is pretty great, let's be honest. You finally have money and on any single job you don't feel as much pressure to conform. You are much more free to actually do good work because you are not as constrained. Meetings and sucking up, not so much.
Very good point. It's a beautiful feeling not caring about getting fired or getting a raise because you have second job to fall back on.
As a product (UX) designer, this resonated a lot. Thanks jake, keep it going. Sure big things will come.
So after you made half million you telling us to not do it we can do it for couple months too
its an absurd video
I really love your videos and topics mentioned here. For me working 2 jobs at the same time as test engineer was surprisingly a huge advantage in my current work. I used to start work from the least important topics, now I always start from the most important ones and now manage to do it effectively. I try to have similar technologies between projects, so if I fix some issue or learn something on one project it can be often instantly used on the other one to make life much easier. I manage to finish both works in around 8-10h maximum, although as you said, sometimes I wish I had more time for my family or just to read something. Waiting for more videos and keeping fingers crossed for the channel ! :)
I like to see some people find this to be a good experience. I am considering having two jobs for at least a year.
Imo the benefits of over employment are experienced when having a plan you’re working towards:
1. Pay of debt
2. Increase savings
3. Diversify the extra income into investments
4. Specific purchase goals
Doing it to live paycheck to paycheck is pointless. But think it’s great if it accelerates you towards the end game/exit.
I’ve decided to work two remote jobs for two reasons. 1) cost of living - I live in California and my first job is actually a pretty good job and pays well BUT that’s not the case in California! I barely make ends meet here with my good job. 2) student loans - I needed a degree to get a good job and my degree is really the reason why I got the first job since I didn’t have any previous experience in that field. However, the thought of having to pay my loans for 20 years scares the living hell out of me. The sooner I can finish those the better for my mental health. That reassurance tops any other mental health issues I think I could have from working the two jobs
hey I'm actually very new in getting to know about remote works..... does blockchain development gets pays well in remote works
Why in the hell would you do this to yourself just move to Seattle, Portland, Austin, Orlando, Tampa, or Miami and live 30-45 minutes outside the cities. The amount of time you would save not working a second job, your new commute time wouldn't even eat part of it. Hell Boston with its relatively high taxes is better then your situation. Just get out of California, and don't go to New York and you will be better off. And for the love of god don't vote for what caused California were you go next.
I’m working 2 full time remote jobs but has a different shift on both. So basically i work 16 hrs per day with both weekend off. Both companies are not based in my country. 1st from S’pore, 2nd is based in Germany. It has been 15 months and not get caught yet. I probably not gonna work like this forever since it can be exhausted but I’ll push myself at least for another 7 months for the money. I want to clear my debt and buy a house. This is doable but need to be extra careful. I never lie yet since no one ever asked me whether i work 2 job for now. If somehow my employer ask, I’ll just come clean
good luck!
Thanks Jake, being a software developer myself, I was seriously considering taking on one more job, but was really confused about the pros and cons. Your advice has been the best and definitely helped me see both sides. I saw your other videos, but I subscribed to your channel after watching this one. Bless you and keep up the good work!
I really appreciate it. Good luck with your two jobs decision!
I'm a product designer as well! For a while I considered working 2 jobs as well, but then I read Naval's book and I decided against it, I totally feel you :)
To anyone who is watching this video and trying to get multiple remote jobs. Stop overthinking and just do it. The tricks are..
1. Stay low and don't announce to the world you're doing multiple jobs. Only tell your close family if needed.
2. Plan ahead. Have a clear target why you need multiple jobs? Do research & make your own system that works for you.
3. Join a like-minded community for support.
4. Don't fall in love with your jobs.
5. Don't get comfortable. You have two jobs? Great. Why not do side business for extra income? Why not create that online store you always talk about? Start building something.
6. Stop overthinking about fulfilment shits. Just take the money or someone else will.
I’m saving about $85k working two at the same time …. Planning to invest into real estate if I can just work both for a few years
100% disagree w the wealth part.. in order to make money from equity, you need a substantially amount of capital.. but these things are not mutually exclusive.. you can work 2, 3 jobs and funnel it into investments until that becomes the main source of income.
I thought about it but opted out of it because I didn’t want to give up the time with my family.
Great call
Very valid. Kids are only young once.
I have to disagree with your Naval point. You can easily put that additional money to work, invest it, max out pension contributions, down payment on a rental property… the list goes on
That’s fair. If you could sustain two jobs for a few years then I think you’re right. I was going crazy after 8 month and was only able to save $60,000 after paying off all of our debt. So in my mind it’s hard to make the wealth Naval is talking about with only $60k to invest. But after several years of doing two jobs you could save up some enough to make some meaningful investments. I appreciate the comment! 👊🏻
I have started 2 jobs for about 2 months now. I think everything you said is correct. From my experience. 1, For someone consider working 2 jobs, you really have to finish daily work within 10 hours, or maximum around 50 hrs per week. Above 50 hours per week is not sustainable for anyone. 2, 2 jobs are my insurance for unemployment. The chance to be fired from both companies at same time is way smaller than fried by 1 company. 3 and final thoughts, I think the environment is extremely good for remote workers. Corporate america is not stupid, they will start checking employee activities in the future, or bring people back to work. Having 2 jobs is not forever, so, while it can, enjoy the money coming in.
He didn’t do things right, he didn’t invest, didn’t hire help, couldn’t perform well, and underestimates high performance individuals.
Real reason @ 4:50
Good stuff Jake! There's nothing wrong with being the grey man though at your second job.
I think a second job is a tremendous way to save for a short to mid term goal. I don't think it's sustainable for years though.
Thanks for answering question about why you stopped it! I agree on everything you are saying, but sometimes its good to feel that stress/big working hours to earn money and know your value😎
Eh, as a finance professional, I kind of take issue with the idea that you won't get wealthy doing this. If the main issue is that most people adjust their lifestyles and don't actually save the extra money, that's a "THEM problem", not a "this strategy problem". I already plan on retiring absolutely no later than age 50, and that's with "only" one job and no real effort to generate other income. I max my 401k and I make sure that my lifestyle doesn't increase at the same rate as my income. For every additional $500 I make, I MIGHT tack an extra $100 onto my "potential fun money" budget, so call it 20%. Anything above that, what's the point?
I'm hoarding money NOW so I can drop out of the job market a decade or two before everyone else. Make the sacrifice, people. It's worth it.
I agree with these points. I work 2 full time jobs and even though i'm not busy at all it still stresses me out. not worth it
I love the quality you put into editing and filling this video!
I’m excited to watch you grow.
Yeah I’m in hr - now - used to be coo type jobs. There are “senior” level roles that are almost all mentoring and counseling and strategizing (corporate babysitting basically) and there’s no “tasks” to do or admin or projects. I’ve found half my time in any job was always consumed by forced socialization and irritating chit chat and office invasions from the endless bored and idle “work friends” you must have… I can do two jobs easily at home far better than one in an office. It depends on the type of work. If it’s a skills based job or anything involving any kind of admin don’t do it. “Exec” stuff or similar you can do easily. Maybe even more than 2
I found this video valuable because if anything its convinced me I am probably the small fraction of the population that WOULD be suited to working two jobs remotely.
1. Im homeless and on someone's mercy for shelter and food right now. Im learning to code on my own (Javascript, CSS, HTML, Python to start) while working as an admin for a small company practically under the table in the meantime. I have less time than ever and feel the least productive I ever have. I have a goal of being able to simply make rent and basic cost of living in my city so it is very much about the money for me while learning. Im replacable at any job I go to so right now im not tied to anything should I get fired.
2. Im not attached to a niche or professi9n right now and more money would change my life alongside feeling like Im actively helping to change my situation.
3. I already suffer from depression but im high functioning and have my own systems to cope. Working my way out of straight up poverty and hand to mouth living would help a ton and help me escalate my skills to a career where maybe working twice as hard to survive isnt necessary in the future.
4. I am a college drop out with no hope of going back so im learning a wide scope of skills to be able to translate into a future career across many different paths so I just might be able to make that decision on a direction further down the road but right now i dont want to limit myself by tying myself to one idea of what I want to do with a certain skill set. I want to continue learning and build up a good base of knowledge for myself studying on my own and achieve the ability to be adaptable.
Thank you so much for kind of killing a ton of my doubt about what I'm doing in seeking dual full time employment. A singular job just isnt enough for what I want to achieve right now.
You missed covering one aspect of working 2 jobs that rarely gets talked about. When you eventually quit 1 or both of the jobs and you go to get your next position, HOW do you list the two positions at separate companies with overlapping timelines?
The best I could come up with was to refer to it as "Sanctioned Contract Work".
I'm in this exact boat. I'm thinking of just putting the year/s worked and the job on my resume (not exact dates/months). The only people who will question what exact dates would be HR in the new position for reference checks, and that reference check would only check for dates worked and not the legality of your previous working practices. Well, thats the angle im going for :-)
@@jonboy150279 I am putting one as a night shift
Simple, only put one.
Why do you have to mention both? Generally you will have a job for a while, then take on another and when you quit the last one or both, there is no need mentioning it at all. I have done lot of jobs including tutoring that are not on my resume
@@last_samurai6690 For me, each job can be in a completely different industry to the next. Therefore I need to show I have experience in said industry by showing it on my cv.
This is a no go most of the time here in the UK. Your new employer will always carry out “reference’s” with your past employer - does that not happen in the US?
Most hirings I've gone through check references and previous jobs (in US)! So I wonder why his new job didn't call the previous job?!
US tech employers also directly get work history verification from Equifax-run WorkNumber. This is auto reported and can be auto-pulled. Very few jobs (government for example) are excluded. I dont know how any of the overemployed crew can square this away...
Depends on the job. I had some never ask for references and the ones that did I got family members or a coworker at one of the jobs to do it
Hey Jake,
You have a lot going for you. You've got 'stage presence' and work well with the camera. You've got a nice resonating tone of voice and use smart communication techniques - ie making the viewer feel like they are being spoken to individually, not being 'talked at'. I appreciate that you stick to the subject matter and don't ramble. It means people like me won't be trying to skip forward to get to the meat of the video, or worse giving up and click on something that looks more interesting in the sidebar. "Ooooh, 'Why Netflix is Collapsing' - What's that all about?'
Humbling yourself and asking the viewer within the first minute of your video for feedback is solid way to connect and engage with viewers and grow your subscription. TH-camrs that regularly engage with their viewers definitely have more 'repeat customers'. said Captain Obvious.
I'm a communications consultant, not a TH-camr, so I am probably preaching to the choir here. You probably know more about this business than I ever well.
But I do know a little bit about communication techniques - blah blah blah. For instance, I'm boring myself right now so I'm probably boring you and anyone else who is still reading this. I know, I know, 'TLDR'. Whateva, I do what I want.
My paid comments are far better written. JOKING. I don't get paid to leave comments. Wait, is that a thing? I wonder if that's a thing.
Keep it up Jake, sorry for the above blah blah blah, not sorry enough to edit.
Cheers!
I just started watching your videos bro; they're very insightful, especially on such taboo topics. Thank you for sharing this with the world. Keep doing what you're doing.
Thanks for the kind words!
You're married with a kid like obviously it's hard. I can't believe you made it that long
super helpful Jake! especially the point about focusing on making a meaningful contribution and working towards projects that are meaningful for your legacy :)! thanks!
Good stuff, dude. I too am a UX designer that works 2 FT jobs. I earned $300,000 last year after bonuses. I have no problem being mediocre at either job; my portfolio is sound. After maxing out my 401k and IRA and HSA last year, I've saved up $25,000 to invest in buying businesses. I'm also setting aside $8,000/month to split between a brokerage account, a whole life account and a high-yeild savings account. Buy January 2024, I'll have a Line a of credit against my brokerage account and my whole life account.
My goal is to purchase assets that will offset one of my jobs with passive, residual income.These assets will feed back into my investments that will have a line of credit to pull from to buy more assets. By 2025 I plan to fully retire.
That's amazing man!
Literally the same thing I am doing. Investing and putting 8k minimum in my index funds. And hoping to retire in 5-6 years good work!
Ok......but with a full-blown recession here, and the fact that companies make it almost impossible to get a raise nowadays and they don't value at all anyway I think you have no reason to be loyal to a company. Also, what if you have multiple jobs but you either Outsource some or most of the work? This way you are making more money but you are not having to work more hours and it sounded like your reason for getting caught was so unique to you that as long as you are smart about it you shouldn't get fired but if you did there are companies that can quickly replace your job for you. And while you have multiple incomes that gives you the space to work on growing your own business.
Fundamentally everything we do in life needs to have a clear purpose or valued end goal otherwise to continue to do that activity quickly becomes hollow and meaningless. Multiple jobs are no different.
This is Good Insight! But what about the other side of things? Make another video on what you should do if you are working two jobs ! Lets hear a different perspective on why you choose to work two jobs and what made it easy for you to began doing that!
Thank you sir! Ive made a few videos on working two jobs. Check out the links in the description.
I’m currently doing this and it’s not as bad as he makes it seem, my family helps me with emails and tasks while I go run errands or hit the gym.
What a great video! I appreciate the honesty and your wisdom. I look forward to your future success and videos. I also appreciate how genuine you are
Your so right people often confuse having a lot of capital equals having higher potenintal to grow a business but like your said your missing all the skills that are required to make it succeed
If you find a second equity/investment/business that generates you $130k/year (and not based on your time put in), I’ll be here for that video! Haha. Totally get what you’re saying about time vs. earnings. Working out the “TH-cam model”, I generally calculated that I’d need like…1M subs or to produce 2,000+ (quality) videos to earn enough to replace a standard 9-5 income, which ends up becoming another full time job in itself.
It’s been interesting following along though-UX/Product Designer here too.
It becomes more than a full time job. I am really against the narrative he’s pushing here. It’s the same thing people like Gary V talk about. You will make $0 on TH-cam for god knows how long, subject to the algorithm changing every month, and working more than full time hours - or… get another job that pays six figures and save it so you can pay people to manage your TH-cam channel for you. 🤷🏾♀️
I'm drinking an expensive beer at the table watching this video and I'm thinking about working on three part-time jobs. I feel this guy like a friend who is helping me to decide my future 😅
Haha this is the best comment. I hope I could help. I believe in you.
What about non-tech jobs? If you're doing something that isn't on the phones then heck yeah it's a good idea. Why make just 15 an hour when you can double or even triple that?
In 5 years you could save atleast 500k in an investment fund tho
What kind of corporate propaganda is this? I don't remember seeing that this was a sponsored video.
The extra income certainly builds wealth if used to do so.
I work a full time remote job and also a full time sales job I just do the remote work when I have time. On the grind to retire at 30
OMG. How do you manage that?
Hi Jake,
Thanks for the video! It is definitely helpful. I do have a question though.
- When you are applying for 2nd job, when they ask for references what did you do or how did you handle it?
- When you are filling out the tax forms such as W4 and other forms, how did you fill that out?
I believe there’s a question saying “Do you have a 2nd job?”
Last question is “When they ask for references?” What do you think we should do?
Btw, Can we connect on LinkedIn?
Thank you,
-T
I did it with 2 full time warehouses jobs. Capped out at 96 hours in a week. I wanted to hit 100. Of course getting an emergency fund back AND paying debt down is the best way. Full time work while full time HVAC courses.. Whats the difference?
Now, my resovlve is stronger and will and ablilty to only survive on 2 and half hours of sleep its now I KNOW I can do. We are all pawns well pawns do not require that much effort. Just muscle memory.
Cheers all and good luck GET THAT FINANCIAL SECURITY.
Great insight and wisdom! Really appreciate the humility that your perspective is coming from. Keep up the awesome work Jake!
😀😁I'll come back and watch this video, after I have worked two jobs and reached my financial goals like Jake.
My problem with this convo is that you're not defining "rich." What do you define as rich? If being a millionaire makes you rich, then you can easily do that by retirement time on a normal salary if you do Ramsey's 12 steps. If you OE aggressively for your whole career in tech, you might even squeeze into the top 1% if Americans. (13 million net worth). If you're looking to have more than that then yes, you need to go into entrepreneurship. Which is higher reward but also higher risk, and we aren't exposed to those failures due to survorship bias. Personally, I would call anything above 1% ultra-wealthy. Imo you need to have a really specific motivation if you're going to sacrifice it all to acheive that status. I'd rather just make enough enough that I can stay flexible and secure in my life and support a family, and then give the rest of my time to family and friends.
Hi Jake, here's a question. What do you do about workplace verification that HR does? Your new job's HR or outsourced company will call all jobs on your resume/application and ask to verify you worked there. If your current HR has a direct line to you manager, they may tip them off. Any solutions?
Living off of one salary and investing the other salary
Also I noticed, many are moving to farms, to enjoy the nature, the animals, and run away of the craziness. This is happening in the whole globe.
more and more I see: there are 23 or 25 year old who outright get $260k TC. But if you are 38 or 40, they don't hire you and sooner or later you are forced to work as a contractor, and your TC is $150k or $160k TC. And if you take a 3 week vacation, you have no pay, while the full time person still gets paid. Also, if you take the 3 weeks with Xmas, the agency may tell you there is a rule that a vacation cannot be more than 4 weeks, even if it is combined with Xmas shutdown. (like prep'ing you be a better slave for the client). So, a 38 year old getting paid less than a 25 year old. And then you work 2 jobs... I don't know what is going on. People say, if you are 38, they can discriminate you by age and it is legal. Only when you are 40, then it becomes illegal. But I talked to lawyers. Basically no lawyer wanted to take any case about age discrimination. So I really wonder if LeedCode is just an excuse to reject you. To a 23 or 25 year old, they say they are more "lenient" about their Leetcode answers. But when you are 38, then they want perfect Leetcode answers, fail you, and then pay you 50% or 60% as the "not as good answers" people. So I wonder what this is about
Thanks for sharing the reasons. My only feedback is it would be great if there was less of an intro (the reasons only started after 1:50). Other than that, liked & subscribed
Don’t leave the both job. Find who is already in startup and can give you immense benefit specially in india, you can really invest good money on startup. However, startup could be give you negative number in return too. Be careful,
Do share market and real estate stuff.
LOL, my company screwed me for years, I was doing 2-3+ times the work of others in my team and was never promoted, and my salary only increased by 15% in 5 years, I wish I had known overemployment was an option as I would have just done the same workrate as others (would not have affected anything) and grabbed that second job 😒
I think it’s worth considering that for any high level job that makes you quite a bit of money, you have to sacrifice A LOT. Spending all that time is not a sustainable way to see exponential growth; however, having a plan in place like paying off debt, saving for a house, or investing in your Roth or 401k is worth it. I very much subscribe to working extremely hard while Im young in my 20s to allow my 30s and beyond to be lucrative and sustainable.
I'm in the tech industry also in Utah. I've been toying with this idea. Creepy how Google suggested this video to me...
Google is saying “Don’t do it!“ haha. Well good luck with the two jobs decision. Its not a bad gig if you’re willing to be super busy.
This video is low key promoting hustle culture even though you are speaking from the privileged place of earning $200k+ from a second job and using that money to invest in the things you care about. What I really want to know is … knowing your goals and your family’s needs … would you really not do it over again? If you could rewind the clock, you wouldn’t work a second job again?
I think it's actually promoting the exact opposite.
He's saying all of this only matters if you enjoy your life.
@@tannershort no he’s not. At the end he talks about how to create wealth - using the same old “a job sucks” rhetoric hustle culture gurus use. If you’re not using your job to create wealth, what is the alternative? Instead of using money to invest, it implies starting a business using your time and energy.
Because I care about my life, I won’t do that. I will get a job to pay me well above my means so I can invest that money and use my free time enjoying life.
That's tough.. I think if I could go back I would not do it again. I was chasing short term money that I didn't need and putting off what I really wanted to do. But if the time ever comes when I really need money then I wouldn't hesitate to pick up another job. Thanks for the question!
You need capital, bro. You can afford to have a business only if you have enough capital.
Bro I just found out today that they “relived ” a good chunk of their workforce 💀😭 the pay is $19 but am I cooked?
Good stuff man! Super inspiring and straight to the point!
Nice to see a fellow northern Utahn on TH-cam!
Having a large salary makes it pretty easy to own a large amount of equity.
I noticed many ITs quitting jobs where they are told: "telecommute is not a right, it's priviledge", and besides not giving them full telecommuting, thus ITs are quitting. I can see the positions being vacant
It’s not realistic to work multiple remote jobs for very long time. But we can sacrifice a year or two working multiple jobs and invest as much possible in stocks or mutual funds.. there you go, enjoy looking at your wealth grow!
Vey good insights brother. thanks for sharing your experience 🙂
dude the kind of money hes talking about making is more multiple times what a lot of people live off. so what if its spread out over the year that doesnt mean you spend it all wtf?
YOU HIT 🎯 THE NAIL ON THE HEAD, MY GUY! YOU NEED TO DECIDE. ~great vid
Man I really enjoy your content
I appreciate it
Make videos on UX design, how to be UX designer, your journey, etc.
If you don’t have enough money you don’t mind the time, but once you have the money you don’t have enough time. You felt like you had the time so you wanted more money, then you saved enough from 8 months of double dipping that you felt like you didn’t have the time anymore.
Spot on
Love the video bro very inspirational
I get the reasoning of this video. It's a devils advocate move but I do understand where your coming from. However without renting out ur time you can't get the money to invest. I appreciate this video. 🙏
True. I am trying to work my @SS off to just have enough deposit for a house.
they don’t care about our families.they just want us to be their slaves.no freedom.
stack up to 150,000$ in the bank then invest it.then your free.financially.just be careful investing because theirs scams everywhere.✊🏾✊🏾✊🏾✊🏾
I really liked your video. I think you are very wise. Hope you the best
The video turned up from having two remote jobs to money education. LOL.
I do two remote jobs at once and I'm pretty educated about money. in my opinion just do it if you can handle all of that stress.
I got so used to it tho. only got fired once that's all, but I'm always looking for other companies that could pay better or just as a fallback just in case.
pretty good plan if you ask me :).
Gotcha bud. I am also trying to become a TH-camr or steamer because comp sci is not for me and I got a MASTERS. Keep watching other people like you for ideas!
Actually it can make you rich if you use the extra money you’re earning to invest
Yea I'm thinking about starting 2 jobs but will definitely apply income from the 2nd towards endeavors that will "free me" rental properties etc.
Hey Jake! Cool videos very interesting! I am wondering how you handle personal career branding? Where do you say you’re working? How do you handle coworkers from the second job adding you and following you online? Do you just leave things not updated?
When I got the second job I just never updated my LinkedIn. I have my account hibernating right now. I'll probably go update it eventually now that some time has passed and no one cares anymore.
@@JakeFerrin yeah so that would read a little something with a new job, wouldn’t it..
You can work 50 jobs if you want.
First you want to incorporate , second you get clients.
You can get 100+ clients if you want and just hire people.
I subscribed. I thought about doing the two remotes for short-term.
But paying off a car isn’t an end goal. Once the car is paid off, I’ll need a brand new and nicer car. Or at least another car. So I can’t put that on my goal list as something worth having for the long term. It’s only a car that will wear out or get smashed on the interstate. Then, I’ll need a new one. And I don’t buy used, thanks.
My biggest concern is if there’s any way for a company to know if you’re working a 2nd job. Taxes or HR stuff. Not sure about the details
So after all, how long have you worked 2 remote jobs? like what was the total duration of your "over employement"
8 months
So obsessed with your channel - I learn so much and feel like I’m talking to a friend. ~tries finding you on Linkedin~
I appreciate it! My LinkedIn is in hibernation mode currently…
Hi Jake. My name is Marty. I’m working two jobs as a full-time custodian and a part-time hospital security officer. I live in Maryland on the southeast coast. I just want to find one job M-F with weekends off every week and make real money and enjoy life better with myself, family and friends. I have a Master’s degree in IT in computer information systems and want to find a full-time remote IT job with good pay (at least $60k gross to start) and good benefits on 40 hours a week. Where can I find these kinds of remote IT jobs? What kind of certifications do I need to get to do what you do? Are there any global remote IT companies or government jobs in IT you’d recommend that hire quickly (less than three months)? I’d appreciate it. Thanks. 👌🏻
Last year i worked my remote contact tracer job at my full time in person job. Was a wild few months 😭😭 def wouldn’t suggest it.
In one of my jobs I’m tech lead, associate and therefore I have, what we can say, equity based reward, of course it’s linked to the success of the project that I own there, but the fixed paycheck is low, and my expenses ae not that low too, so i want to join in a multi-national software consulting co. That I received an offer, and work on both, the job that I have equity knows this, and we already arranged a way that I can have the meetings in accordance to my schedule.
What would you recommend for a good remote job to be in the graphic design/Illustrator field?
New sub and new to posting on youtube also. Enjoying your content. Thanks for all the info! I work full time, mother of a teenager and kindergartener. I'm finding it hard to make time for TH-cam because I value my much needed sleep lol. How do you do it!
Hey thanks for the sub. It's a struggle. I still haven't found a system for pumping out videos that doesn't take over my entire life and thoughts. I think it's possible, especially with a remote job, but I'm still trying to figure it out haha
@@JakeFerrin I do have a remote job but it's specific hours because I do scheduling for a hospital. So it's after the 5 year old falling asleep is when I can work on it the most. Super hard. I did down grade my editing software to clip chimp (I believe windows movie maker previously) and I found that the simplicity of the program made editing a little faster. I have a couple weeks off coming up and I think I want to try to get into a better rhythm. When/if you find something that works well for you I would definitely be interested in a youtube video about that, I'm sure others would as well. I'll be binging your channel for a couple days so you should get a spike in views. I'll try to leave comments and likes when I can as well :) have a great day
Great advice!
Better to give one more excuse to be fired by the company and still have a job, than be fired because it wants to pleasure shareholders and end up with no job
I call bullshit at the 5:33 mark. There is a middle ground. What is stopping you from investing the money in the stocks markets or CDs. Compounding interest is very powerful. You could also buy a rental property. There are levels of wealthy and it is not all or nothing. You may be able to retire years earlier.
You use the money of your second job to invest in real estate, stock, or other investments. If you're trying to start your own business, over 90% fail, and often time you end up in incredible debt.