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by yellow_mixer 1514 days ago
One issue I see with your example. You say “had the IT guy chosen to work”. This statement assumes OP can just pickup more hours easily. That is not the reality. If it’s a salary based position, OP can’t put in more hours just to earn additional income. If it’s a hourly job, OP all can’t put in more hours. Usually anything outside 40 hours is considered overtime and would need to budgeted and approved by the employer. OP could use his IT skills to find more work at that rate for a different company, but now we are back to the passive income example. TLDR. The math makes sense, but the example falls flat in reality.