taking my time
#1
taking my time
Hi all, I will be graduating with a BA in liberal arts in May. I have 0 flight time, but can't start till I pay off my student loans. It might take around two after graduation. After graduating I could easily find an office job and stay there till I get my loans paid up. I have been working in an office during the last 2 summers including this one, and I would really hate to go back and be stuck there for a couple of more years. Instead I want to do something fun/adventurous. It's not like I have no clue of what i want to do, there are plenty of oppurtunities, but I would certainly like to hear what you guys have to say. Anybody with a similar experience?
#4
If you did be spell calledge right, it wood bee. If I had an oppurtoonedy to get out of the office I would too, but I have to pay down my $45k student loan.
We self-funded types have to stick to our plan since no one is paying our way except us. I am slowly working on my CFI right now, no hurry since there aren't any flight students nearby when and if I get the darned thing. It's mostly just to have something to do while I pay down this loan.
We self-funded types have to stick to our plan since no one is paying our way except us. I am slowly working on my CFI right now, no hurry since there aren't any flight students nearby when and if I get the darned thing. It's mostly just to have something to do while I pay down this loan.
Last edited by Cubdriver; 07-04-2007 at 04:02 AM.
#5
Gets Weekends Off
Joined APC: Jul 2007
Position: HMMWV in Iraq
Posts: 328
I know its probably not something you want to hear, but since you mentioned your age and having loans, I'm going to throw this out there: start now with saving. DON'T wait until the loans are paid off or you will never save anything, because there will always be a new car, or a mortgage, or a credit card bill that will get in the way if you let it be an excuse to not save. I started right out of college with $50 a month to savings which was plenty painful at the time. Oh BTW, its been 10 years and I'm still paying on student loans (at 4% interest, who cares?). Anyhow, every time I got a pay raise I increased the savings by about half of the pay raise. I'm at the point now that I am fully funding my own and my wife's IRA, we have a dedicated savings account (non-IRA), and a non-qualified mutual fund account, accounts earmarked for the children's college, and by always funding these things out of a pay raise I never missed the money, ie, it never hurt to put extra money towards savings if it always coincided with a pay raise. By only putting 50% of the raise towards increasing the savings, I still got a little more coin in my pocket to enjoy. What's scary is my financial advisor told me a few months ago I'm only putting away about half of what I need to reach my retirement goals.
#6
thanks a lot sigtauenus for your reply. I can be a bit more specific, at the end of the year I will owe approximately $5500 to a financial institution, which is not too bad, I know. But the scary part is borrowing 40 grand for flight school. I am not a big advocate of borrowing that much money, but I am hoping to do a job that I enjoy and at the same time working on my training. And Sqawk that's cool, I thought I misspelled something and you were making fun of it, I was a little confused, but I realized my post was a little bit immature, but I guess I am like that sometimes. And I think I am starting to like my office job after all!
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12-05-2012 08:29 AM