Re: Loans: Friend or foe? let me start off reiterating that learning to fly is not like investing in a 401(k). If you put i n5 hours here and 5 hours there, over time, the cumulative experience does not get to a magic number making you a pilot.
the key to learning is consistency and frequency with a sprig of dedication, passion, sweat and panic.
I would recommend holding off your training until you have a good stash of cash. To give you an example, I gave this advice to some one who did not listen who trained for 3/4 of their rating, but could not finish due to cash.
now they have to go back and practice how to do all the stuff that they learned, which includes showing an instrtuctor they can still safely solo, go x-c etc. Hes looking at spending another 3 grand at least, whereas he couldve spent about $500 and finished if he just waited a little longer |