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Optimal Finance Daily - Financial Independence and Money Advice
2398: Do This With Your Vacation Time From Your Job to Make More Money by Dustin Heiner of Master Passive Income
Aug 2, 2023
Dustin Heiner, real estate investor, shares how to make more money by using vacation time wisely. He discusses cashing out unused vacation time, maximizing earnings, and strategic planning before quitting a job to maximize benefits and personal time.
09:14
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Quick takeaways
- Leveraging accumulated vacation hours can yield financial benefits when considering quitting a job.
- Unused vacation time indicates an unhealthy work-life balance and prioritizing work over breaks can lead to burnout.
Deep dives
Maximizing Vacation Time for Financial Benefits
When considering quitting a job, leveraging accumulated vacation and sick hours can yield financial benefits. Cashing out all vacation time at once may result in high tax deductions, which could be avoided by using hours strategically. Continuously accruing vacation hours while still employed can increase income. Saving vacation hours for a quitting period allows for extended paid time off.
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