My family is not rich. None of us has much education, and that's got a lot to do with it. Even with that deficit, though, we are doing pretty well for ourselves. We have extended family who by comparison are far more educated than we are, but unemployed. The suggestion has been made more than once that it's a matter of feeling 'too good' for a job.
Luckily, we learned our personal finance skills from our mother. Growing up we worked paper routes, kept exchange students to the point that our home was busting at the seams, and we seldom if ever ate out. Everyone contributed in some way or another for as long as I can remember. Our strength has been in our numbers.
I don't know if I've mentioned this before, but I had this idea a few months back. My brothers and I, while employed and supporting our families, aren't doing as well as we probably could be. All of us are mentally capable, we're a lot smarter than the McPrides give us credit for., but haven't made education a priority in our lives. The idea is that it would be really cool if we all pooled our resources to take care of one family, while the dad knocked out his education really quickly. Then, on down the line. Nothing crazy. Maybe $500/mo per brother, and live very meanly. Maybe at mom's house. And just go to Mesa College and do the maximum of classes to get degrees in the shortest amount of time. Then on to SDSU since it's close and easy to get into. I don't think any of us would take more than 2 years doing the fast track classes and going Summers.
8:39 AM
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Education for the purpose of getting a better job is overrated in my opinion. I can't believe I said that, but I believe it. Education for the sake of learning is never overrated. If I'd have started "at the bottom" of the current job I have 10 years ago when I started college, I'd be making more money than I am now and have about $60,000 less debt than I do now.
That said, I think your plan is solid because I think it would be cool to take a sabbatical from work to totally immerse myself in school.
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