Plan on working two full time jobs. Do you think this will be a good idea?

Answers:2   |   LastUpdateAt:2012-11-04 01:52:02  

Question
Margret
Asked at 2012-09-08 12:07:03
I want to start saving for retirement and start a good 401k and savings. I work 40 hours a week, but now you can really save a lot. I have no unnesscary things as bill cell phone, car payments and so on MedlinePlus MedlinePlus I also brought in life that if you do not have the money to pay for the car in full, can not afford. So buy all my cars in cash. Also I have a prepaid phone (cheap) just to keep me for emergencies. MedlinePlus MedlinePlus I do not use central air conditioner, just use regular fans standing and a window fan at night. I have my vehicle collision (with a value of it is 10k and paying $ 130 per month). I have it to crash, because I know I would not be able to fix or replace 10K worth it to get another vehicle. MedlinePlus MedlinePlus I did not eat as McDonald as it spends on McDonalds can cover two or three days worth of good food at home. MedlinePlus MedlinePlus A job is 08 am-4 pm and 9 pm next 5:00 a.m. MedlinePlus MedlinePlus I've been reading the questions on Yahoo Answers about people who work two full time jobs. MedlinePlus MedlinePlus I so want to save enough money to start a child care agency in my area. Because there is a great demand for nurses in the area. I want to save enough to minimize or even eliminate what I have to borrow (small business loan). MedlinePlus MedlinePlus My questions:
MedlinePlus 1.) Any advice, suggestions, etc, or in handling two jobs full time? MedlinePlus 2.) Will I have a tax problem? MedlinePlus 3.) Do you see any problems with my plan? MedlinePlus MedlinePlus Thanks in advance for any progress. :)
Answer1adrinaAnswered at 2012-10-06 22:47:48
You have a good plan of Damon , but I think I work 80 hours a week will get tired after a while . But ,good luck !
Answer2keriAnswered at 2012-11-04 01:51:49
I'm definitely concerned about the amount of sleep you would be getting.
First of all, you would have to sleep from 4pm to 9pm- that's a harder switch than it sounds.
Secondly, that's only 5 hours of sleep- assuming you'll go straight home, go to bed, then wake up at 9pm and go to work. This means no errands, no time with friends, no family time.
Thirdly, sleep deprivation is comparable to being drunk- so, if you're used to getting 8 hours every night and you make this switch to only 4 1/2 hours, your body will feel deprived. Sleep deprivation can lead to depression, difficulty concentrating, headaches, memory loss, and irritability, to name just a few. How much use would you be, at your 2 jobs, if you're exhausted?
This is not something anyone should do long-term. Maybe short-term you could, like a short summer job, or a job that's seasonal. But 2 full-time jobs year round is dangerous.

Please try to find another way to save- your current idea is dangerous to your health.
Maybe find a well-paying part time job?

Sorry I can't be much help with the finances portion. But I thought I'd lend a voice to the rest of it.
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