Is it Better to Work 45 Hours a Week and Earn $100K or 80 Hours a Week and $210K?

When I go on travel, I often end up working around 80 hours in a week. While this can be productive, it leaves me with no energy or time for anything else. Would I do it for short periods of time? Absolutely. Would I do it for years on end? No way. If money is literally all you want, then work the 80 hours a week. However, be aware that people can and do die from overworking if it becomes a constant.

So, I recommend striving for a more balanced approach, unless your goal is a short-term financial boost, such as saving for something like a down payment on a house.

Choosing the Right Work Hours

Consider your priorities. Are they money growth, family, health, or a healthy work-life balance? If a healthy work-life balance is important to you, then 40 hours a week at $100K is a better option. It allows you to maintain your health and personal life, leaving time for family, hobbies, and other interests.

Priorities Over Extended Work Hours

If you’re a punch press operator, it makes sense to work the regular hours because that’s how you earn your salary. However, if you’re an entrepreneur or have significant control over your work schedule, you might opt for longer hours to achieve your goals. The key is to find a balance that suits your lifestyle and values.

Dealing with 16-hour days for more than a few weeks is unfeasible. You will run into issues like extended travel times, increased expenses, and the constant need for rest. Short-term goals like saving for a down payment on a house can justify extended hours, but long-term sustainability requires a more balanced approach.

Entrepreneurship and Extended Work Hours

If you run your own business, you might find that working 80 hours a week is necessary to scale and achieve your financial goals. Entrepreneurs often pour their heart and soul into their ventures, making the long hours more tolerable. However, it’s crucial to have a plan to maintain your health and well-being, such as delegating tasks, taking breaks, and seeking support.

Working 16 hours a day for 52 weeks a year is not a sustainable long-term strategy. It can lead to burnout, health issues, and decreased productivity. Additionally, the tax liabilities and extra expenses (such as travel, gas, and meals) can make the trade-off less favorable.

It depends on your cultural background and industry norms. In India, some companies allow you to work 75 hours and get paid for 40 or 48 hours. This arrangement can provide an incentive for putting in extra hours, but it’s essential to have a buffer for health and well-being.

Ultimately, the key is to find a balance that aligns with your personal values and priorities. Working 40 hours a week for $100K is a better fit for many people who prioritize a healthy work-life balance. While earning $210K through 80-hour weeks might seem appealing, it comes with significant costs to your health and well-being. Remember, your life is not just about work; it’s about living a fulfilling life that includes time for family, hobbies, and health.