Would it not make sense for me to work two 30hr jobs instead?
Other than opting out of the 48-hour work week limit, are there any legal or financial concerns to doing this?
I would pay tax twice I suppose, but the takehome would still be better than what I'm doing now, right?
• Start working max 40 hours per week at your current job.
• Find a new job with higher salary, where you only work 30-50 hours/week.
I'm actually considering the option because I don't have the confidence to move into a job I love, so getting better paid and retire earlier is the next best thing. Maybe one full-time job with one contractor job to minimize the risk. I could take home $250K+ pre-tax which is pretty lucrative for Canadians, plus I can expense my laptop and other minor stuffs.
But I have never done that so not sure if I could handle the pressure. It would be nice if both jobs require minimum guidance and meetings.
That being said, if you are young and single, you might want to look ahead 20 years and make sure that this would lead you to the end-state that you want most (think about it, money is just one of many factors).
Why not get a job that pays better, especially if you are willing to work those sorts of hours. There's much to be said for having a life outside of work and not wrecking your health.
Yeah, you would get fired it caught. But we live in an age of layoffs. You are doomed anyway.
No?