FedEx invite
#21
Tuition in HKG is north of 20k/year when you factor in books and extras. Its a good deal for the empty nester, and not bad if you have one at home school age. Two or more kids--in private schools--and the math gets fuzzy on any advantages.
We have a few couples here that are both FedEx pilots. My understanding is unlike the housing, the 15k education allowance is "per family", thus they don't double up on that income. As a two income family they can absorb the hit, especially if they accept a more modest home, but schools here are not cheap.
Some families make it work, but from the outset this was never designed to be a family friendly domicile. The original NC thought it would go to a very specific demographic, including single pilots and empty nesters. Some have brought families anyway, and worked around the resources. In HKG, the other issue is our housing allowance has a hard time getting more than 3 BRs. Have a large family, and you can expect to be stressed on tuition and housing payments. Point here isn't to whine, but just point out the limitations of our CBA so new hires can plan accordingly. It can be tough on large families. If you are already and captain and want to move here and live beyond the allowance, you can. It things are already lean in your house as a new hire, however, coming to HKG for the 100/hour won't fix your problems, and will probably add some new ones.
We have a few couples here that are both FedEx pilots. My understanding is unlike the housing, the 15k education allowance is "per family", thus they don't double up on that income. As a two income family they can absorb the hit, especially if they accept a more modest home, but schools here are not cheap.
Some families make it work, but from the outset this was never designed to be a family friendly domicile. The original NC thought it would go to a very specific demographic, including single pilots and empty nesters. Some have brought families anyway, and worked around the resources. In HKG, the other issue is our housing allowance has a hard time getting more than 3 BRs. Have a large family, and you can expect to be stressed on tuition and housing payments. Point here isn't to whine, but just point out the limitations of our CBA so new hires can plan accordingly. It can be tough on large families. If you are already and captain and want to move here and live beyond the allowance, you can. It things are already lean in your house as a new hire, however, coming to HKG for the 100/hour won't fix your problems, and will probably add some new ones.
#22
Do you believe the guy nobody has heard about? Or the guy who has millions of people on his rolls, third largest talkshow in America, with verifiable proof of how many he's gotten out of debt and how much they've saved/invested?
Not only that, he has a program now for entire church's and businesses that use his "rigid" baby steps to get out of debt and to generate real wealth -- and lots of them are doing it/have done it.
The best part is, you don't have to buy anything from him. You can get it all free online or his radio/app show.
#24
Gets Weekends Off
Joined APC: Nov 2013
Posts: 2,756
Do you believe the guy nobody has heard about? Or the guy who has millions of people on his rolls, third largest talkshow in America, with verifiable proof of how many he's gotten out of debt and how much they've saved/invested?
Not only that, he has a program now for entire church's and businesses that use his "rigid" baby steps to get out of debt and to generate real wealth -- and lots of them are doing it/have done it.
The best part is, you don't have to buy anything from him. You can get it all free online or his radio/app show.
Not only that, he has a program now for entire church's and businesses that use his "rigid" baby steps to get out of debt and to generate real wealth -- and lots of them are doing it/have done it.
The best part is, you don't have to buy anything from him. You can get it all free online or his radio/app show.
I enjoy Dave a lot, but he's a salesman, and he is very good at it. Forget his front loaded mutual funds.
#25
Gets Weekends Off
Joined APC: Nov 2017
Posts: 2,099
I totally believe the guy nobody had heard about, because Dave's investing advice is crap. Been listening to him for a long time, and while his debt advice is great, he has serious BS going to make the investment numbers work. He sells, sells, sells. Call my ELP with a "heart of a teacher", and I'll get a commission. Zander Insurance, whom I advertise for all the time... forgot to tell you I own it. Don't help your kids out too much, but buy my daughters best selling book. Gee, wonder how she got such a leg up?
I enjoy Dave a lot, but he's a salesman, and he is very good at it. Forget his front loaded mutual funds.
I enjoy Dave a lot, but he's a salesman, and he is very good at it. Forget his front loaded mutual funds.
I agree. His baby steps are good for a majority of people. Those who just need a simple system to get them going. And I also feel that for some others, his baby steps may be too rigid. He has an audience. And he knows them and know what works for them in how to manage their personal finances and knows how to sell to them as well.
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