CFI Question
02-12-2019 | 12:58 PM
#11
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Thanks for all the info guys!! Still worth doing but my expectations are down around $25K-$30K. $25 an hour @ 120 hours a month. Plus I dont need benefits so maybe I could negotiate that in my pay and get a little more per hour. Like I mentioned, this is my path into retirement. May need another rental though, lol...
02-12-2019 | 01:11 PM
#12
Gets Weekends Off
Joined: Mar 2008
Posts: 1,122
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From: A-320
If you specialize in something it would be easy to make much more money. Once at the two year mark as a CFI you can train other CFI's. Most airline bound guys are gone by that point, so you should get a premium for being qualified for that. Getting trained as a cirrus instructor would get you into that market, though I'm not sure if the cost is worth it. Just a guess, but I'd think $40-50/hr for CFI instruction and $80/hr as a cirrus instructor would be reasonable.
02-12-2019 | 02:33 PM
#13
All is fine at .79
Joined: Sep 2016
Posts: 4,486
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From: Paahlot
Get specialized in high performance complex and get insurance approved to do recurrent training for owner pilots.
That’s usually at day rate.
Lot of things you can do, diversifying is the key.
Then find your niche(s) and build on it.
That’s usually at day rate.
Lot of things you can do, diversifying is the key.
Then find your niche(s) and build on it.
02-12-2019 | 05:00 PM
#14
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If you specialize in something it would be easy to make much more money. Once at the two year mark as a CFI you can train other CFI's. Most airline bound guys are gone by that point, so you should get a premium for being qualified for that. Getting trained as a cirrus instructor would get you into that market, though I'm not sure if the cost is worth it. Just a guess, but I'd think $40-50/hr for CFI instruction and $80/hr as a cirrus instructor would be reasonable.
Thanks again! This has been very informative!!
02-12-2019 | 11:23 PM
#15
On Reserve
Joined: Aug 2017
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Debt free is your Golden Ticket! Once your’re there, do what floats your boat. Most can live on an menial income if they have no debt. It’s all this “Keeping up with the Jonese” and so one, that Keeps people in debt! My wife and I are in the same position. I’m a Cop and she’s a nurse. We are Almost debt free. I’ll probably take a 50% pay cut, probably more, making a career change into aviation, but it’s what I love...and I can afford to do it and not **** and moan about Wages.
It’s all relative. One of the neurosurgeons my wife works with had his car reposesed from their work parking lot. Doen’t matter how much money you make. Too much debt, don’t pay your bills, bad crap happens.
It’s all relative. One of the neurosurgeons my wife works with had his car reposesed from their work parking lot. Doen’t matter how much money you make. Too much debt, don’t pay your bills, bad crap happens.
02-13-2019 | 02:18 AM
#16
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Debt free is your Golden Ticket! Once your’re there, do what floats your boat. Most can live on an menial income if they have no debt. It’s all this “Keeping up with the Jonese” and so one, that Keeps people in debt! My wife and I are in the same position. I’m a Cop and she’s a nurse. We are Almost debt free. I’ll probably take a 50% pay cut, probably more, making a career change into aviation, but it’s what I love...and I can afford to do it and not **** and moan about Wages.
It’s all relative. One of the neurosurgeons my wife works with had his car reposesed from their work parking lot. Doen’t matter how much money you make. Too much debt, don’t pay your bills, bad crap happens.
It’s all relative. One of the neurosurgeons my wife works with had his car reposesed from their work parking lot. Doen’t matter how much money you make. Too much debt, don’t pay your bills, bad crap happens.
02-13-2019 | 05:10 AM
#17
Gets Weekends Off
Joined: Feb 2019
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100% agree on the debt discussion. I'm 38 and taking the 'career change' plunge. Living on half my current income for a year and a half is scary, I can't imagine making the same decision with debt payments hanging over my head.
No mortgage, no auto payments, nothing floating on credit cards, no school debts and I'm paying for the flight training out of savings and doing it at a local FBO with solid CFIs that have been teaching for years.
Is the opportunity worth floating some debt to go for it? Sure. Is it a hell of a lot easier to approach it from a debt free perspective? Absolutely.
Less drag.
Taxation is theft, debt is drag.
No mortgage, no auto payments, nothing floating on credit cards, no school debts and I'm paying for the flight training out of savings and doing it at a local FBO with solid CFIs that have been teaching for years.
Is the opportunity worth floating some debt to go for it? Sure. Is it a hell of a lot easier to approach it from a debt free perspective? Absolutely.
Less drag.
Taxation is theft, debt is drag.
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