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Originally Posted by Minnesota_Flyer  For 6 months pay, I'd walk too. Maybe get a new job and train on the side?? |
I'm in agreement with MF that you should start another job immediately, and use the 6 month money as seed money to get started on your training on the side. Working your buns off with a full time job and flight training on the side is not much different than being gone from home to train, and you will end up in a much stronger financial position if you can get your start in this silly career without any debt load and with your retirement account still intact. Big sacrifices now pay off bigger down the road, primarily because of the power of compounding interest. Compound interest on your retirement will make a huge difference between money that is already in there and replacement money that you would need to put back 5 or 10 years down the road if you borrowed from it now. Also, compound interest on loans can be a killer if you have to go that route. You will have to make sacrifices one way or the other, so take the long view of the power of money over time.