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Old January 17th, 2007, 01:27   #12
cignaguy
Junior Member
 
Join Date: Jan 2007
Location: Atlanta
Posts: 177
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Default Re: Joining in the fun....

Quote:
Originally Posted by 3green View Post
Hi Cignaguy,

It good to see your asking alot of questions. My background is working full time with wife (no kids) and have my multi-comm. ratings from a local FBO in socal. Listen to what Ninja says because he's dead on right about living with a large amount of debt from training. I've built my hours on weekends with friends and renting and get a weekly fix doing it. All the while working fulltime. Sometime the grass is greener on the other side, until you actually get there. I've seen friends get furloughed from airlines, suffer from low pay, and straight quit the industry because of how unstable it is.

I would recommend go to an FBO fly when you can and don't go into debt. to work a job that pays $17,000-$25,000 starting at the regional level. I've got 0 debt. from going to an FBO to flight train. Yeah, it may be slower, but you won't have that big old lady name Sallie calling you for a $400-500 a month loan payment.

Maybe I'll take the leap someday when I'm ready to fly a jet someday(ain't no rush, but for some there is), but I like having gas in my car, food on the table(not top-ramen either) and money in the bank. And I get to fly where I want and whenever I want carefree! To each his own and best of luck which ever path you choose!
Thanks 3green! I am planning on beginning my PPL this weekend. I plan on flying full time starting in April. I have had enough of the corporate gig for awhile and refuse to be miserable doing it the rest of my life. What do you think is a comfortable pace to get PPL, Inst., Comm, Multi rating, and CFI flying full time? I have no plans to go as fast as an "academy", but I do plan on doing it full time. I figure flying full-time will be more efficient and will save money in the long run, avoiding the need to repeat a ton of the same lessons like I would if I was working full time and fitting in a lesson when I could. Also, any how much I can expect to spend getting those certificates/ratings at an FBO?

Again, still not sure what I will do for financing. I just have to figure out all of my options. I have about $50K cash, but kinda wanted to use cash as an "emergency fund" and for living expenses. Definitely big decisions to be made.
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