Whether you are saving to buy a house, pay off a student loan, or save for a wedding, you might have had the idea of working a full time and a part time job at the same time. Depending on your work, it might be possible to work full time and part time at the same time. However, before coming to that conclusion, there are many other factors that you need to consider. Let’s have a look at them.
What is a Full Time Job?
For most companies, a full time job is where employees work between 32 and 40 hours a week. Mainly, these are Monday to Friday jobs that start from 9 am to 5 pm in most countries.
What is a Part Time Job?
For part time jobs, employees work for fewer hours than full time employees. Part time workers often don't work for more than 35 hours a week, but they have different working shifts. Part time workers have some flexibility since they can choose when to work like during weekends or night shifts.
Also read: How to work two full time jobs.
Can I Work a Fulltime and Part Time Job?
Yes. It is possible to work a fulltime and part time job at the same time. You just need to plan your full time job and schedule in your part time job when you are not working in your full time job. Many people who are looking to boost their income are taking full time and part time jobs at the same time and managing them. So, you too can. You just need to plan yourself well.
Working Full Time Jobs Vs Part Time Jobs
There are advantages and challenges of working full time job and part time job at the same time. Most people work full time from 9 am to 5 pm and then report to part time job outside of full time job hours. You can take a part time during the night shift or in the evening hours. You need plan your time well and see where you can fix your part time job.
Having a full time job alone gives you ample time to spend with family and friends and improves your social life. Besides, you get time to do your own things.
Working full time and part time jobs on the other hand increases your earning potential. However, you have limited time for yourself, family and friends because you work for longer hours. You are also limited to doing your own things.
Benefits of Working Full Time Job and Part Time Job
There are many benefits of working a full time job and a part time job at the same time. They include:
- Increases your earning potential
- Gives you access to new job opportunities
- Helps you learn money and time management skills
- You get to learn transferable skills
- You get job security and other benefits like insurance, health coverage, and a pension
Challenges of Taking Up a Second Job
While it is a great idea to take a second job, it comes with some challenges. They include:
- Work burnouts
- Limited time to rest or sleep
- Less free and social time
- Problems with your full time job
- Health problems if you strain too much
Should I get a Part Time Job?
If you already have a full time job and you are wondering whether to take a part time job, there are several questions you need to ask yourself. They include:
- Will the employer allow me to take an extra job?
- Are there tax implications if I take an extra job?
- Will I manage working full time and part time jobs at the same time?
- Will my family commitments allow me to take an extra job?
- How many hours do I need to commit to full time and part time jobs?
Once you have answers to the above questions, then you are in a position to decide whether you can work a full time and a part time job at the same time.
Also read: How to enjoy life while working full time.
Working Full Time and Part Time Job at the Same Time
If you have a full time job, before you can decide on taking an extra job, you need to plan your time well. Find out what time you will need to report to the second job and if the time coincides with the full time job. Also, find out if you are in a position to take both jobs without straining and yet have time for your family. You also need to have ample time to rest and sleep.