Posted 4/6/2024, 10:08:00 AM
Millennial Pays Off $50k in Student Loans Through Controversial 'Overemployment'
- Adam, a millennial with over $100k in student loan debt, secretly took a second remote job in 2023 and doubled his income to $170k
- The extra income allowed Adam to pay off $50k of his student loans so far; he now owes $65k and expects to be debt-free by Christmas
- Adam is "overemployed," working 2 full-time remote jobs at once, which is controversial but allowing him to max out retirement savings and boost his credit score
- Tips for overemployment success align work calendars, pace yourself on tasks, use sick days when needed, get remote jobs that let you avoid going into an office
- Adam plans to keep overemploying himself until he pays off all student loans and hits a $100k net worth