Woman, 27, who is aiming to retire by 30 works two jobs and already has more than £500k in savings
Plenty of young folks already find one job a bit too much but one woman decided at 15 that she wanted to work two jobs to improve her chances of retiring by 30.
And it's certainly paid off for 27-year-old Jane Tsang who's been grafting for over 12 years, which has put her in the position where she's established over £500k in savings.
The Canadian has been working two jobs since she was just 19, taking on roles such as receptionist, realtor, customer service operator, manicurist and retail worker.
She's currently working as a full-time marketing manager but her exploits have also seen her take off on social media, as she's now also working as a content creator.
Advert
Jane said: “I have always been working. I felt like I did not want to work for the rest of my life.
“I remember just sitting in an office and feeling so jaded already and disillusioned with the culture that we had to work until 65. It just made no sense to me.
“I could not believe that it was the norm that we had to work for the next 40 years.
“Honestly, I thought I was going to retire before 30. There was a point where I was so convinced I was going to retire pretty much immediately.”
While she's had to make some sacrifices along the way, which often sees her hang out with her friends by working alongside them in cafes, she's also learned a lot about her own finances.
After initially learning about personal finance from Reddit and YouTube, as well as from her sociology and business degree from university, she's been able to really take control of her own financial future.
Her original goal was to save $2.5 million for a full retirement, but she has since decided that she would like a more luxurious retirement at $4.5 million.
Jane added: “It is possible it is just a case of how hard I am willing to work.
“I just have to not be lazy. If I can put my all into the things I am working on right now then it is definitely a strong possibility.”
Of course, there have been a lot of challenges along the way and working two jobs can be physically and mentally exhausting, as she once spent seven days a week working from 8am to 12.30am, getting just four hours of sleep which later saw her hospitalised with stress-related headaches.
But her previous two roles as marketing manager and call centre operator were earning her a combined $120,000 a year - if only the UK would catch up when it comes to paying people properly.
Jane said: “There were periods where I was really depressed and anxious and I was getting no sleep at all.”
After putting around 80 to 90 per cent of her earnings straight into investments, Jane started saving fast and moving closer to her dream, buying a condo in Toronto when she was just 21.
Posting on social media also paid dividends as it allowed her to quit her second job and become an influencer, working her full-time marketing manager job for $98,000 a year, and she has made $700,000 from content creation this year alone. Just in case you needed any more evidence that posting online isn't cringe and is actually just a fantastic way to make a living.
She believes she will still make money after retirement with her investments and social media, but that she won’t need to do anything she doesn’t enjoy.
Jane said: “A lot of young people want to retire but it is not to never work again it is to have the freedom of time and choice.
“I would always recommend people hustle especially in their early 20s. That is the time to do it. People should invest in their future while they have time on their side.
“I feel I am still doing everything that I wanted to do in my early 20s, I am just doing it now. Everything that I put on pause I was able to get back tenfold.”
James Moorhouse
