Check out my other video on why Barista FI is (probably) the best option for you! kzbin.info/www/bejne/p4K7l2mgd79_lZY
@nikiclaypool88008 ай бұрын
This is awesome. My ultimate goal is part time work and I thought Starbucks was my only option. I have an airport by my house with Delta and Southwest! I'll definitely look into this.
@OnCashFlow8 ай бұрын
Nice! Could be a good fit for you!
@CalmerThanYouAre18 ай бұрын
Awesome content man! Next video in the series needs to be a montage of Zach interviewing hiring managers and employees from each of these companies! 😃 I think the best from this list for me would be REI or Southwest due to the perks of discounts and free flights! I’d want a back office job that’s not client facing though.
@OnCashFlow8 ай бұрын
Haha yeah that would be some cool advanced television right there! Yeah I agree, I like those two as well, but I certainly wouldn't want to be a flight attendant or gate agent for example.
@williamperez98278 ай бұрын
Def your best video to date ... im not even looking to retire but still found it super interesting. Did you consider length of service before qualified for 401k? Well done, Marine.
@OnCashFlow8 ай бұрын
Thank you! It took a lot of time looking all of that info up! I appreciate you noticing! I didn't factor that in, but I have another video coming out soon related to 401k matches and vesting!
@Putseller1004 ай бұрын
Even before you mentioned it I noticed right away the direct customer interaction. That is just about a complete deal breaker for me. Maybe if I worked dead hours so my customer interaction would be minimal and that would be acceptable. I can add a job to the list, what I do is casino security. It is 3 days for 24 hours a week but only 16 and hour has a 3% 401 match but health insurance does not kick in until 30 hours. It is rather boring, standing around and walking all day but not bad for barista.
@OnCashFlow4 ай бұрын
I'm naturally an introvert, but I know the importance of social interaction, and a little bit of customer interaction is not a deal breaker for me, I see where you are coming from, especially in some fields, the type of customer interactions are not always so pleasant (I worked part-time at a bank in college, so I know). That is a pretty good option, working security 3 days per week, which gives you a good amount of time off during the week to explore other things.
@zerofixity5 ай бұрын
Access to an Employee Stock Purchase Program might be a good 4th factor, as those discounts are an easy way to boost compensation. Along with 401k match, I’d weight it less than pay and hours required.
@OnCashFlow5 ай бұрын
ESPP can be hit or miss, but it can be significantly beneficial if you get a steep discount and you can sell those shares with a short holding period to diversify the "gain"
@jaylenlenear39444 ай бұрын
I think the list would be better taking into account other benefits. Costco offers a 50 cent raise every 6 months and that’s huge for something like 10+ barista fire and that’s just one example
@OnCashFlow4 ай бұрын
Right, there is so much more that goes into selecting a good Barista FI job, and benefits can change quite drastically year to year, so it's difficult to keep up!
@petew18 ай бұрын
Given my background, Chase would be my top choice. I would hesitate, however, if the available jobs were customer facing, given there seems to be a reduction in brick and mortar locations and workforce. I think one other score to add to your list would be recent layoffs. If a company has had mass layoffs recently, it should be given a reduced score. Not much benefit in relying on a job for Barista-FIRE that is at high risk. Given REI is a co-op, they would perhaps be the best in terms of security, as well as their high ethical standards.
@OnCashFlow8 ай бұрын
Right, I wonder why more jobs don't become part-time that don't necessarily need 40 hours of work per week to perform?
@petew18 ай бұрын
@@OnCashFlow It's a variety of reasons in my view. In speaking about corporate/knowledge jobs, it is part structural and part lack of imagination and planning. Cal Newport coined the phrase "invisible factory" when it comes to corporate jobs. This covers a lot of ground, but in this case, the value of thought work, particularly results, is so intangible in many cases, that the appearance of working hard becomes the proxy for value. If you look like you are working hard, you must be doing good work. In a society where more is better, it becomes an arms race where being seen working more and more hours is viewed positively, especially above the standard 40 hour workweek. So, if I approach management and say that I want to do meaningful work in the corporate sector but want limited hours, it's viewed as limited effort, limited commitment, etc. And you probably have colleagues in most cases who are willing to put in 5 or 10 hours weekly above the standard 40, so those fractional hours together basically removes the need to hire a part-time worker. On the imagination and planning side, if I'm a manager of a part-time worker, I now have to think harder about what work they get and how to plan for their availability. It's so much easier to just dump work on a full-time worker knowing they are salaried and will work as little or much as possible to get the job done. If someone is part-time, there's less appetite for them to now go above their schedule because that would negate the reasons they went part-time in the first place. So, now knowledge work, which is hard to manage given its invisible nature and difficulty in valuing, now must be really scrutinized, scheduled and planned for in order to make part-time arrangements work. And an already stressed out middle manager, dealing with both the demands of executives and constraints of staff, is not going to make this concession so quickly.
@OnCashFlow8 ай бұрын
Very well said and well thought out!@@petew1
@AndreBickley-j7y4 ай бұрын
I would pick southwest ...but i have to take in order that i have a conviction on my record so i cnt work for southwest due to my his
@OnCashFlow4 ай бұрын
Dang, that sucks.
@ceeIoc8 күн бұрын
What’s the difference between baristafi and coastfi?
@OnCashFlow4 күн бұрын
Barista FI is still earning money par-time in "retirement". Coast FI is saving all of your retirement savings upfront and then turning down how much you invest and coasting to regular retirement age. Videos I made on them for reference: Barista FI: kzbin.info/www/bejne/p4K7l2mgd79_lZY Coast FI: kzbin.info/www/bejne/o5y8iJuYn76UZrc