Is it time for a paycation?
Tired of travel buzzwords? Here's one you might like the sound of: paycation. This year, instead of spending on a trip or sticking close to home some people will use their vacation time from their main job to earn some extra cash at a second one.
So what's the scoop? You won't find a lot of information or statistics about paycations -- they're essentially grouped in with "second jobs". In the U.S., the number of people who picked up second jobs rose to 5.5 per cent of the population in 2008, according to a post on Consumer Reports. More than one quarter of people working a second job are doing so to pay off debts, while more than a third are doing it for the extra money.
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