The Savvy Wallet Podcast

EP. 120 - Career Expert: This Is How You Can MAKE £100k+ With A 9-5 Job...! ft. Soambitious Dom


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Joining us in the booth this week is Dominic, a career expert and commercial contract manager.


In this episode we discuss:

  • Why Dominic turned down a training contract from a legal firm
  • How 9-5ers can increase their income to £100k+ with their existing skills
  • The importance of analysing what you want from your career
  • How you can build wealth into the millions with your 9-5
  • Why you should and shouldn't pursue a contract role
  • How Dominic has been contracting for 5 years even in a tough market
  • Top Skills & industries that command a high income
  • Why you shouldn't start a random side hustle but instead utilise your existing skills
  • The importance of building a network in your career and much more

  • Connect with Dom on Instagram here - https://www.instagram.com/soambitiousdom


    Connect with Dom on TikTok here - https://www.tiktok.com/@soambitiousdomm


    Check out Dom's newsletter the Career Guard here - https://thecareerguard.com/subscribe


    Follow me on: 

    • Instagram - https://www.instagram.com/savvywallet
    • Tiktok - https://www.tiktok.com/@savvywallet

    • Check out: https://www.youtube.com/savvywallet for the video version


      Our partners:

      Coursera

      Learn AI, Cybersecurity, Project Management, Data Science & more with Coursera here: https://imp.i384100.net/savvywallet

      Ato has personally used Coursera to obtain an AI certificate.


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      Get 3 extra months free with a 2 year plan: https://go.nordvpn.net/aff_c?offer_id=15&aff_id=106735&url_id=902


      Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.


      Timestamps

      00:00 - Preview

      01:09 - Intro

      01:44 - Meet Career expert & contract manager Dom

      03:27 - Growing up in Jamaica

      06:13 - I turned down a lawyer job for this!

      10:53 - Is job title more important or money?

      15:46 - How I got into contracting..It changed my life!

      19:10 - Some contractors are making £700/£800 per day..!

      20:41 - Contracting for 5 years straight! This is my honest opinion!

      25:15 - If you’re a contractor, you’re’ a business owner!

      29:26 - Typical day rates with my skillset

      31:59 - You miss out on these benefits if you contract!

      34:35 - How I manage my money effectively

      39:26 - You can become a millionaire with a 9-5!

      44:55 - Why you shouldn’t do contracting?

      48:05 - Contracting is more tax efficient

      49:33 - Should everyone be a contractor?

      52:58 - Don’t start a random side hustle. Stick to what you’re good at!

      54:18 - Skills that generate a lot of income!

      56:06 - If I were to go back in time, I would do this!

      58:09 - Best industries for contracting

      01:01:06 - How I managed to stay contracting in a tough market!

      01:04:32 - Can you get a mortgage if you’re a contractor?

      01:06:52 - The Career Guard!

      01:08:11 - Final words

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