Meet the lawyer who rakes in a $180,000 salary - but thinks that's not enough to get by and he needs a second job
- Lawyer Samuel Li, 32, earns $180,000 a year but says he still needs a second job
- Mr Li lives in Sydney and is a husband, father-of-two who is paying a mortgage
- He started a media company 18 months ago, which matches his lawyer salary
A successful lawyer who earns nearly $180,000 a year says he still needs to work a second job to get by.
Samuel Li, 32, is a husband and father-of-two living in Sydney with a mortgage.
But Mr Li says his six-figure salary is not enough to live up to the city's cost of living and has started his own media company, where he says he earns more.
Samuel Li (left with wife and daughter) is a successful Sydney lawyer earning more than $180,000 but says he still needs a second job
The 32-year-old last year began a media start-up called New Impressions, which offers content, marketing and social media services.
Despite earning an above average salary, Mr Li claims claims his case is not rare and he is just one of many wealthy Sydneysiders with a second job.
'With big mortgages in Sydney, having an extra source of income is a big help and it allows me to have freedom to not be so worried about my billable hours as a lawyer,' he told news.com.au.
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Sydney remains as the most expensive city to buy a home, with the average Aussie paying more than half of their salary on a mortgage, according to a 2018 report by the Housing Industry Association.
'I think it's just about having a better sense of security, because I'm not so reliant on any one source of income,' Mr Li said.
Mr Li's side gig matches his salary as a lawyer but can see him earning more if he hosts big events and sponsorships.
Apart from financial stability, Mr Li says his second job offers flexibility and a plan B to fall back on.
Mr Li's side gig matches his salary as a lawyer but can see him earning more if he hosts big events and sponsorships
The father-of-two says he is already training his five-year-old son to follow in his footsteps.
'I'm trying to make my son make money now,' he joked.
'A little lemonade stand - I said, ''Son, just sit here and smile at everybody''.'
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