Author Topic: Looking to Learn Skills/Change Careers But Lacking Direction  (Read 1894 times)

RePatriot

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I am a 28 year old married teacher earning 51k/yr + about 5k in side work.  My wife is 26 and works as a nanny.  We currently max all of our pretax space (about 33k), have made additional taxable investments this year,  and have an oversized emergency fund.
Our goals are to:
-Live in the country.  We are currently eyeing moving to rural Tennessee next year.
-Have my wife stay home.
-Have a large family (4 kids)

Up until recently, the plan was for me to return to school next year and get my Masters in Educational Administration.  But even if I find a job as a principal, I'm afraid that we won't be able to have a financially secure future and still have my wife stay home or have a large family.

With that in mind, I've started opening up to the possibility that I could be happy working outside of education.  The problem is, I have no idea where I could get started in the private sector.  I'm also scared shitless of the prospect of taking a leap into a new career, only to lose some great earning years to learning skills that prove fruitless.

I hold a Bachelor's in English.  I have no work experience outside of education, and I don't even know where to start.  I want to earn more than the 75k the average assistant principal earns in Tennessee.  But I'm so lost.  I've considered interning in a sales position over summer with my very successful Aunt-in-law.  I've started researching online MBA programs (those make money, right?).  But I'm well and truly lost.  And the clock is ticking if we want a large family.  Can anyone provide perspective?

newgirl

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Re: Looking to Learn Skills/Change Careers But Lacking Direction
« Reply #1 on: May 20, 2018, 02:41:33 PM »
Replying because I'm also contemplating a mid-career change, though I am older than you and in an urban environment. If having a large family with a SAHM is important to you and your wife, it's just as important to focus on the expense reduction portion of the equation than the income part of the equation. I've had the Tightwad Gazette recommended to me by many people as sort of an expense bible for SAHM parents.

I'm also currently reading The 10 Laws of Career Reinvention by Pamela Mitchell on a recommendation from the forum. It's a very concrete/practical book and I plan to re-read it a few times and work through the exercises. It was $4.99 to buy it on Kindle since my library didn't have it, I think it will be money well spent. If you search the forums for my posts you can find the one that I wrote asking for career change advice and see the recommendations for reading and things to think about. People gave some good advice. Good luck!

red_pill

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Re: Looking to Learn Skills/Change Careers But Lacking Direction
« Reply #2 on: May 20, 2018, 03:26:52 PM »
What are your interests?  I mean, making money is one thing, but if you’re just pursuing a bigger pay check without taking into consideration your interests, you’re probably going to be miserable.  I’m not saying you have to be one of those “work doesn’t even feel like work” kind of people, but you need to know where you can align your interests with available opportunity.  You mention sales - do you like sales? Have you ever done sales?  Selling what? Or do you care what it’s selling? So why sales other than your auntie makes good cash doing it? You talk about an MBA - but do you like business?




RePatriot

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Re: Looking to Learn Skills/Change Careers But Lacking Direction
« Reply #3 on: May 20, 2018, 04:38:52 PM »
What are your interests?  I mean, making money is one thing, but if you’re just pursuing a bigger pay check without taking into consideration your interests, you’re probably going to be miserable.  I’m not saying you have to be one of those “work doesn’t even feel like work” kind of people, but you need to know where you can align your interests with available opportunity.  You mention sales - do you like sales? Have you ever done sales?  Selling what? Or do you care what it’s selling? So why sales other than your auntie makes good cash doing it? You talk about an MBA - but do you like business?

This is sort of where I am stuck.  I have hobbies.  I have things I enjoy.  I love lifting weight, I love cooking, I enjoy fishing and hunting when I can.  Those are my interests.  Few of the obvious jobs connected to those are going to net a higher paycheck than the one I have now.  Yes, I am looking around at the people I know who are higher earners and drawing inspiration from them.  Fact is, I'm going to need to pull down more money to comfortably achieve the goals I outlined, IMO.

The only other skill/interest that I have that connects to a potential career is that I am a people person.  I love talking to people and solving problems.  That, along with he unlimited upside potential of commission, is why I am interested in sales.

Replying because I'm also contemplating a mid-career change, though I am older than you and in an urban environment. If having a large family with a SAHM is important to you and your wife, it's just as important to focus on the expense reduction portion of the equation than the income part of the equation. I've had the Tightwad Gazette recommended to me by many people as sort of an expense bible for SAHM parents.

I'm also currently reading The 10 Laws of Career Reinvention by Pamela Mitchell on a recommendation from the forum. It's a very concrete/practical book and I plan to re-read it a few times and work through the exercises. It was $4.99 to buy it on Kindle since my library didn't have it, I think it will be money well spent. If you search the forums for my posts you can find the one that I wrote asking for career change advice and see the recommendations for reading and things to think about. People gave some good advice. Good luck!

Our financial defense is decent right now.  We could cut deeper, and I'm trying to get DW to take over that side of the equation.  I will look into the Mitchell book.  Thanks for the recommendation.

AZDude

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Re: Looking to Learn Skills/Change Careers But Lacking Direction
« Reply #4 on: May 22, 2018, 09:44:32 AM »
Wow... ok.

So you want to move to rural Tennessee *AND* change careers to something that makes more than $75K/year while having no experience or skills in anything outside of education?

What job opportunities are going to be in rural Tennessee outside of education? I literally have zero idea what you could do that would make $80K+ in a LCOL, rural area that does not require a significant investment in time and money(you know going to medical school, etc...).

I have been to rural TN exactly one time and really liked it, but there is not much there, economically speaking. Make sure you are thinking this through.
 

nessness

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Re: Looking to Learn Skills/Change Careers But Lacking Direction
« Reply #5 on: May 22, 2018, 10:07:49 AM »
Would your wife be willing to provide childcare for other kids after you guys have your own kids? That would definitely help.

If you're set on moving to rural Tennessee, I think you need to look closely at what the job opportunities are THERE, and not just at general high-paying jobs.

RePatriot

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Re: Looking to Learn Skills/Change Careers But Lacking Direction
« Reply #6 on: May 25, 2018, 05:36:38 AM »
Wow... ok.

So you want to move to rural Tennessee *AND* change careers to something that makes more than $75K/year while having no experience or skills in anything outside of education?

What job opportunities are going to be in rural Tennessee outside of education? I literally have zero idea what you could do that would make $80K+ in a LCOL, rural area that does not require a significant investment in time and money(you know going to medical school, etc...).

I have been to rural TN exactly one time and really liked it, but there is not much there, economically speaking. Make sure you are thinking this through.

We are thinking this through.  That's what this thread is.  Me talking aloud with outside perspectives to gin some insight.

The move and the career change are both flexible.  That is one thing we as a couple are great at.

I'm thinking that maybe a compromise of getting a less restrictive masters degree could be an option.  So instead of educational admin, I could go back for public admin, then test into my principal cert.

teltic

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Re: Looking to Learn Skills/Change Careers But Lacking Direction
« Reply #7 on: May 25, 2018, 08:22:19 AM »
Hello!  I am 27 and I'm thinking of a career change too.  I'm currently in finance, making $62k ( I live in SLC, UT).  My friend just landed a job for $80k, which makes me think that's my market value come next summer.

I've thought about going into computer science, as it is a high paying job, and I think I would like the idea of solving problems and creating programs.. Have you looked into CS?  My worry with CS is I also enjoy talking to people... I think you would have no customer interaction... But you could be a programmer for a couple years, then turn into a program manager, and have the best of both worlds (technical + customer interaction).

An MBA does make money.  You can land a $80-$100k position, depending on the quality of school and such. You would have to look a little further into an MBA, as the you emphasize on something (IT, Sales, Finance, Account).

Good luck on finding your next move. :)

phred

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Re: Looking to Learn Skills/Change Careers But Lacking Direction
« Reply #8 on: May 25, 2018, 12:53:39 PM »
Good principals are rare.  If you like doing this, keep at it.  Does your wife like working as a nanny?  She may make more running a small daycare out of your new home.  Contact Jobs & Family Service in TN for any licensing & training requirements.  She may be able to provide a premium service by opening early or closing later than the larger establishment daycares.

A website you both may like is Frugalwoods.com  It's about enjoying (& thriving with) frugality

Miss Piggy

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Re: Looking to Learn Skills/Change Careers But Lacking Direction
« Reply #9 on: May 25, 2018, 01:15:25 PM »
Consider Instructional Design, corporate training, instructional technology, whatever you want to call it. The corporate world pays well. (Unfortunately, no summers off.)