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. NordVPN 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

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