Double Full Time Job Conundrum

[Alex Deaton]

I hear a lot of guests on the podcasts say that it’s possible to invest on the side when working a full time job. I’m in a unique situation in my company where I’m expected to work 75+ hours a week. With 14-16 hour days, 6 days a week I’ve found it difficult to get a good head of steam on analyzing and networking along with doing the bare minimum of sleeping to keep me functional. I’m only 21 so I don’t feel overwhelmed at all by this but it feels like I’m progressing at a snails pace. Can anyone relate to my experience and if so, how have you worked through it?

[Thomas S.]

You are not alone in your situation. The way you work through it is to realise that life is not a race. Sit back, relax and work on real estate when you do have a little time. Everyone is all about push, push , push, hurry up and invest. That is the wrong approach especially at your age.

Whatever pace you are working at is more than fine as long as you are still at it. You have your entire life ahead.

Chances are that your employment will change in time, no one keeps up 75 hrs a week for ever. You will ultimately change jobs and probably will have plenty of time. For know you should be salting away a ton of money. That is more important right now that even looking for real estate. In your position I would be working and living as frugally as possible. No restaurants, drinking or any other wasteful spending. Take the next 5 years doing nothing except saving every possible penny. That will put you leaps and bounds ahead of most other investors starting out.