Working overtime can provide significant financial benefits such as building savings, emergency funds, paying off debt, and funding major purchases like homes, but it carries the risk of lifestyle inflation where people build their lives around overtime pay that may disappear due to economic changes, company restructuring, or reduced staffing, making it essential to use overtime income strategically with a clear financial purpose rather than as a permanent lifestyle solution.
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People complain about working overtime until it disappearsAdded:
And I also asked him about overtime. I said, "Do you guys get overtime?" And this was his response.
He said, "Too much."
He said he had been working six days. He had been working 12, 13 hours some days.
He said he was missing some of his kids sporting events and things of that nature. He also said that he drives 45 minutes to work every day. And so just based on some of his responses, I could tell that he was getting frustrated.
And he was tired of working that many hours.
And that kind of just led me to making this video. bad.
People complain about working overtime until it disappears.
And by the way, I'm not suggesting that the person that I spoke with was complaining. In fact, a lot of his grievances and the things that he was telling me was justified in terms of the way he felt in my opinion. Right? if I'm working so many hours and I'm having to work extra days because we're short-handed, which is something that he mentioned and he's, you know, picking up extra stops that he normally wouldn't have because he having to cover for a position that isn't filled, right?
Picking up more of a workload.
I can understand his frustration. So, I'm not suggesting that this person was complaining, but if you've been working as long as I have, you've probably been around people who complains about working overtime.
And a lot of the complaints may be valid, right? I'm not here to debate that. But what I am saying is when it comes to overtime, there are some benefits to working more hours on your job for a lot of people, right? You know, recently I made a video and I was asking you guys, do you think working a 12-hour shift is worth it? And when I was going through the comments, there were a lot of people who felt like working 12 hour shifts made sense and they were for it and there were people who were against it. And so there was a mix of opinions.
I think the vast majority of people though were actually pro-overtime for lack of better words. And I think in large part it's due to the extra money.
I mean, if you think about it, what can you do with extra money on your paycheck? For most people, at least working class people, if you want to make more money on your job, one of the main ways to do it is by working overtime.
Now, of course, there are some other ways in which you can be compensated depending on your job and what you do.
Some people may get paid some commissions, some people may get paid bonuses, etc. So, there are a number of different ways that employers compensate employees, but for the majority of people, you get overtime. That's pretty universal.
And so what can extra money do for you? Let's talk about some of the benefits. Well, working overtime can help build a savings account. Working overtime can help build an emergency fund. Working overtime can help pay off debt.
Working overtime can help you save to buy a house, right? or get an apartment to move out of your family's house or whatever the case may be.
So, there are a lot of benefits to working more hours. Yes, we have to trade our time for money. That's just how the system was designed in terms of working the job. I know a lot of people don't like that idea, but until you come up with a better design, that's all we got to work with. Unless you opt out and you want to become self-employed and become an entrepreneur.
But in this place called the labor market where we have to trade our time for money.
That's what we got to work with right now.
So there's a lot of benefits to working overtime.
You know, for me, I told you guys last year that I picked up an extra day. Now, yes, me picking up an extra day was a strategy.
I knew based on how I get paid, and I talked to you guys about this before, I knew I wasn't going to be working a ton of hours. So, overtime, to be honest with you guys, wasn't in the back of my mind. I didn't think about overtime because for us, we don't get paid straight hourly. We don't get paid straight time. So, you know, we get paid what's called component pay. And if you're watching this channel for the first time and you don't know what that is for us, we get paid by a variety of different factors. It's not just hourly. We get paid based on total miles, total cases, total stops.
I'm a class A truck driver for a food service delivery company and I deliver to restaurants, hospitals, a variety of different places, healthcare facilities. We do a lot of deliveries to a lot of different places, right?
And the job pays well. Those of you who are in the food service space, you know the job pays well. It's a physically demanding job, but if you want to make good money and you don't mind working hard for it because you do work hard in this particular field, the money is there to be made. Um, there are a lot of guys that get into this industry. In fact, we just had a guy transfer to us, younger guy, and he rode with me. Um, he just transferred down to our location.
His first day down was yesterday, Thursday, and he rode with me. This is my first time meeting him. And man, really good dude. Shout out to Chris if you watch this video, bro. Really good dude, hard worker, and he's very efficient in his working, stacking the cases, all that type of stuff. and he doesn't mind going to different locations to help out for support. He's a he's married, has kids, and got a lot of respect for the young guy, man.
And he's definitely a team player. And one of the things that he said to me while we were riding, he was like, "Bro, I'm young. I'm just trying to make as much money as I can and support my family." He talked about investing. He also has a side business and he definitely sounds like he has a good head on his shoulder and he has a strategy and a plan. and we talked about 401ks, we talked about investing, business, we talked about a variety of different things. And I love having these type of conversations. And I think he understands the situation that he's in and the opportunity that he has to make money while he's still relatively young and he's taking full advantage of it. He's one of those guys where if one of our managers reach out to him and say, "Hey, I need you to go here. I need you to go there. He's going.
He's going. And if you're that flexible in doing the work that we do, you'll be able to make some some really good money. And that's what he's been doing.
But not to go on a tangent, again, there's a lot of benefits to working overtime. You know, picking up an extra day for me, I've definitely been able to change my financial situation. Right. I told you guys I had a purpose when I decided to work six days. I wasn't just doing it just to be doing it. I definitely had a plan in mind and I've been executing that plan to perfection. Saving more, investing more, paying off debt, being able to help people that are close to me who need help. I've been able to do a variety of different things because of the extra day that I work. again, not no excuse me, not so much for the overtime because I don't work a lot of overtime, but how we get paid, I don't necessarily need to work a lot of overtime.
But for those of you who are straight hourly and you get time and a half, you get double time, you get all these different things.
If you're in a season of your life where you're trying to save up for something or you're trying to buy a house or a new car or whatever the case may be, you know, move out of your your parents' house to get an apartment, I don't know what it what it is, you know, you know, maybe you're saving up to get married, whatever it is, right?
Working overtime is a very good idea if you have that opportunity. You know, some jobs you automatically have to work a 12 hour shift, right? A shift work, the job requires you to work 12 hours. So, you're going to get overtime no matter what. But some of you guys may have jobs where you're scheduled for 40 hours a week and excuse me, if the opportunity is available and they say, "Hey, we have a open shift. You guys can pick up some overtime if you want." A lot of people don't take advantage of it because look, when they hit that 40 hours, they ready to go. And I get it. But for those of you who may be hungry, you may, you know, again, you're trying to run it up.
You're trying to make as much money as you can for whatever reason, take advantage of it.
But we can't talk about the good and not mention the bad.
So overtime, here's where you can get in trouble with overtime.
When you begin to create a lifestyle around overtime pay, and what do you mean by that? I mean that if you consistently pick up overtime hours and let's just say you know you're working overtime.
You've been working it now for three to six months, maybe even a year or more and you've been used to the overtime.
You're used to getting those bigger paychecks and you think it's guaranteed. And so what you do is you go out and upgrade your lifestyle. you fall into the lifestyle creek or lifestyle inflation and you start upgrading your house.
You go get a nicer apartment that has better amenities.
You go finance a vehicle, a boat, a motorcycle.
You start buying designer clothes.
You start taking nice expensive trips, enjoying yourself, and you just create this lifestyle that you only can afford off a 70 hour a week paycheck.
Well, what happens when 70 hours a week turn into 50 hours a week or 40 hours a week because your company decided to cut back overtime? What happens then after you've bought the bigger house, financed the nicer vehicle that's more expensive, financed the boat, financed the motorcycle, what happens then when you don't have that $70 paycheck to take care of those financial responsibilities that you just added on to your plate.
So, those are the things that you have to think about and that's the potential trap with overtime if you don't have a plan. Again, there's nothing wrong with overtime if you have a strategy.
But the problem is a lot of people don't have a strategy. when they start getting those bigger paychecks, it's very easy to get used to those paychecks and comfortable and complacent and you start feeling like it's always going to be there. But I'm telling you, there are things that are out of your control when you work for a company. Some of those things is economic downturn and companies have to make some tough decisions. Sometimes those decisions can lead to layoffs. Sometimes those decisions can lead to restructuring.
Sometimes those decisions can lead to getting rid of some people, right? Not just layoffs.
Sometimes those decisions can lead to eliminating positions.
And so these are some things that you have to think about. And these are also things that you can't foresee.
We can't predict the future. So, you never know when these things can occur.
And so, you have to be mindful that anything can happen when you're working for a company. And don't build your lifestyle around something that's potentially can be temporary and it's not a guarantee.
Production slows down, right? That can lead to a reduction of hours.
When your company decides to hire more people, that can lead to a reduction of hours, excuse me, because maybe you've been working more hours because they've been short staffed.
So, these are some things that you guys have to take into consideration.
Listen, have a plan in place with your overtime.
I got a comment early on the video I just dropped recently, and I love what this person said, and I have to acknowledge it on this video. This person said, "Bro, I'm 29 years old. I work 12-hour days sometimes, and I also decided to work six days by choice." He said he's a fuel hauler. He's 29 years old, young in his prime right now.
And this is what he said.
He said the overtime has allowed him to invest in his 401k $2,000 a week. It also has allowed him to invest $3,000 a week in his savings account so he can continue to save for a new house.
And he talked about how his money has a purpose. These were his words. He said his money has a purpose. He said it's not something that he plans on doing permanently, but right now this is how he's allocating his funds.
And that is what I love to hear. I love people who have a strategy and the purpose and not just looking at working a ton of hours and six days a week and all these sort of things.
as a permanent solution, right? At a certain point, you do get worn out, right? You do get burned out, especially you have a lot of things going on outside of your W2 job. Some people have kids and spouses and grandkids and all these different things. And so, you want to be able to be present with them because some things are more important than money.
And I'll give you an example. If for whatever reason, let's just say you're on a five day a week work schedule.
That's what you work normally. I'm going to give you an example of when time is more valuable than money. And I truly believe that, right? You can always make money, you can't get time back.
So, let's just say you work a job and normally you work five days a week and then all of a sudden your manager or your supervisor comes to you and say, "Hey, everybody's on a mandatory six days. You got to work Monday through Saturday this week." But guess what? You had plans to go watch your son play football, right?
You had plans to go watch your son play his first little league football game, but now you have to work.
you didn't take off for it because you had no intentions on working the extra day and then all of a sudden your manager comes to you and say, "Hey, you got to work six days."
You try to take off, they don't have anybody to cover. So, you have to work in that moment.
Money isn't the most important thing being present with your child is.
And in that particular situation, you're willing to prioritize your son's game and being there with him than making more money, right? And so those are the type of situations where I say there are some things that are more important than money.
And so these are real life situations that people go through as it relates to working a job and also trying to find balance in their personal lives. Some people actually have to make these type of decisions on whether or not they want to work and deal with the consequences after the fact if you don't show up or you know you may be so upset in that moment in that particular situation and say look I'm not coming you can't force me to work an extra day whatever the case may be you guys know these things happen in the real world and some people will respond respond to those situations differently.
So, I'm not here to judge how you respond. I'm just putting this out there as an example. These are some of the things that you go through in the workplace.
And so, time is more valuable than money. But there is a season for some people, depending on who you are, where you want to make more money. you want to change your financial situation. And many times if you want to do it legally and you don't have anything going on outside of your W2 job, one way to do that is through overtime.
And so when it comes to overtime, just to wrap this up, there's pros and cons to it, like most things, but a lot of people make the mistake of building their life around overtime hours. And one last story I just want to share with you guys, and I'm gonna try to make this quick because I don't want to make this video too long. There's a YouTube channel that I watch called Nurses to Riches. I believe it is. And on this channel, the guy talks about how it is to be a nurse. He's a nurse, his wife's a nurse, and oftent times they interviewed different nurses around the country, different cities, different types of nurses, traveling nurses, nurses that, you know, work inside of the hospital, nurses that work in nursing facilities or healthcare facilities, I should say.
and he talks about compensation as well.
And I remember watching one of his videos and this was last year. He was interviewing a nurse and I believe she was out in California and she was talking about her compensation. She makes really good money.
And she started talking about some of her co-workers and about how much overtime they were able to take advantage of at the hospital that she was at. And she said she had co-workers, man, that were they was buying new cars, upgrading their houses, they were buying designer bags and all these different things because they were getting so much overtime. So they started being dependent on the overtime.
My wife just came in. Sound like my wife, maybe my daughter. I think it's my wife. So if you my knock on the door, excuse me in advance, but she started talking about how they were they started to buy expensive cars, upgrading their houses, designer bags, and all these different things because they were making more money. Well, one day she said the hospital administrator sent out a message letting them know that they were going to be cutting overtime. And she said her coworker started panicking because they had built a lifyle around overtime. They were depending on the overtime hours. And she said a lot of her co-workers ended up having to sell their cars and a lot of them got repoled and they had to, you know, give the cars back to the financing institution and all these different things. Um, she said they ended up having to sell some of their designer bags and all these things. And I'm like, that's what happens when you build a life around overtime pay. You think it's guaranteed. You just never know when the faucet is going to get turned off. While it's flowing, take advantage of it. But be smart. Use the money wisely. Don't just blow all your money and build a life around it.
Listen, man. That's all I got for you guys. I'm curious to hear your thoughts.
Let me know in the comments section.
Until the next video, I'll holl at you guys later. Peace.
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