Quote:
Originally Posted by covance
I think about this type of question pretty often, I think most of my life. I just don't like the idea of the majority of my week going towards working for someone else or even work in general. Family is a major priority for me, and as I am about to have my first kid thinking about how my time is spent in a given week is on my mind even more. I would love to maximize time with my kids while they are still young. Ofcourse I know that a good income is important for properly taking care of family.
Thought I would ask on this car forum in the off topic section because a. I like the people here and b. you get a more random and diverse set of answers that I like reading, compared to if I posted on the financialindependence sub on reddit or something like that.
humfrz, I would love to know your life story if you are willing to share. Always happy to learn from people who have more experience in life than I do. As for me: 29 years old, undergrad in Finance and Marketing, grad degrees in Finance, most of my work experience has been in finance and accounting (including 7 years at FHLMC aka Freddie Mac's biggest competitor :P). my interest has always been in entrepreneurship. I like creating things and seeing other people get value out of them. But since my goal has always been time over money, I have been pretty careful in the entrepreneurial things I have tried. It has mostly been ecommerce projects with no real ongoing success to let me leave my full time job. For a while I was looking for part-time work in accounting/finance so I could focus on entrepreneurship, but I found that the part-time work in the field was at a much lower level of pay and experience (tons of jobs for bookkeepers with a G.E.D., not much for full fledged accounting/finance analysts). I do accounting work now and for most of my working life have sat in Microsoft Excel 40++ hours a week.
|
The biggest thing I've found for saving time is to live as close to you work as you possibly can.
Ecommerce requires tons of work and creativity, and still then even when you succeed you will probably want a full time job just to pay the health insurance.
The only "part time" gig that can pay for an accountant is to do lots and lots of income taxes, and if you do it right you give up 4 months of the year to take it really easy for the remaining 8. Everything else is like you mentioned, garbage bookkeeping jobs, unless you get really really good at data entry and can blast through it very quickly. But in general that just doesn't pay.
I don't know what the laws are, but it is always worth trying to see if you can go into teaching. A college professor can earn a ton and not work too much. And colleges are always looking for people with actual abilities and life experience.
Also writing blogs can pay if you put the work in, but again it will take lots of time and effort, and bringing something that no one else has to the market.