I have taken a second job in an attempt to pay down debt but have started to question if that is the best course of action. This job will be about 12 hours a week at $10 an hour. My full time job pays much better at $65000. Is it wasting my time working minimum wage? Is my time better spent actively working to develop myself to advance in my career? i am taking classes and have a career coach but my efforts will be slowed with an additional job.
Admittedly, Im also concerned about what to tell coworkers if they see me at my second job. I know there shouldnt be any shame doing any type of work, but im worried they will view me as less competent if a minimum wage job is the 'best i can do' for additional income.
I currently have some consumer debt at $12,000 (car loan at 4.5% interest on $11,000 and credit card debt at 24% for $1000) and federal student loans at $45,000. i also need to start contributing more heavily into retirement funds. Looking for the best way to do this.
Any thoughts are appreciated
Submitted July 23, 2018 at 11:02AM by insolent_rug https://ift.tt/2AadDrA
