Anyway, I am trying to get into IT, because every other profession within banking requires me to take a test and get licensed and renew that license with more tests. I’m bad with tests, and I don’t need that in my life, and IT not only pays more, but I can just get certified with classes. Anyway, how do I go from fraud to IT? I.e. Business Analyst, higher up IT profession? I’m not a computer science major, btw. I was in health sciences. I’ll look into other money making options by following your posts, but how can I start making a decent living by converting to full-time from contract? I’ll learn software skills/IT on the side, but yeh…Any tips?
How to Get This Job: Actuaries must have a bachelor’s degree in a concentration like mathematics, actuarial science, or statistics. In addition, they may want to take coursework in programming languages, databases, and writing. Actuaries are certified by two professional societies: Casualty Actuarial Society, which certifies professionals who work in property and casualty, and The Society of Actuaries, which certifies professionals who work in life and health insurance, as well as retirement and finance.
As a Pet E. out of college, you’d likely earn around 100k + bonuses. After 3 years, you’ll probably earn around 115 – 130k working only 40 hrs a week. This gives you time to work on other businesses. However, you’re subject to downturns like the one we’re facing now. Lots of graduates and even experienced people unable to find jobs currently until the oil price turns around, so it’s a bit of a gamble.
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I’ve been terrified of only ever making a maximum of $50,000 a year for the majority of my post graduate career. So I’ve wanted to really qualify myself as something more than the typical undergrad; I plan to graduate college with a bachelor’s in psychology (focused in cognition and neural sciences) and a bachelor’s in philosophy, along with a minor in cognitive science (basic combination of psychology, philosophy, linguistics, and computer science) and a human factors certificate (research experience). (With a GPA around 3.4 or 3.5) I will have worked full time in finance for a non-profit organization while in school full time, giving myself a total of 6 years total of full time work experience upon graduation. I’ll be 25 by then.
That is a good point. Unfortunately some people don’t “know how to be rich”. A financially literate person(Warren Buffet, Carl Icahn, Bill Gates, etc.) can turn $1 million into $1 billion by living within their means and only spending substantial amounts on productive assets, whereas others will blow it on anything they see and end up more in debt than they started(think MC Hammer.)
Thank you Andrew! Also what is your take your data analytical roles in corporate? Do you think data analytical roles will be short-lived due to all the hype and the analysis part will be automated soon within the next 10 years or so? Even if it was automated, EXPLAINING the data and EXPLAINING it to your investors, stockholders, clients to basically tell them how they’ll make money from what they wanted me to analyze and interpret will still be the HUMAN aspect, correct. U you can’t automate that, right? Idk if this kind of role will be short-lived compared to a functional IT role. Moreover, I eventually want to hold a managerial role in corporate, but I want to deal with a line of business where there is a lot of money within IT. Projects that deal with SAP? CRM? <— This isn't programming right? I don't mind working for healthcare companies since that's where alot of money is for stuff like ^.
I always add an HTML table of contents to posts to make sure they are long and structured. This has been a HUGE help for me (and my readers) and there are tons of benefits: better chance of getting “jump to links” in Google (see below), increased average time on page, decreased bounce rates, and it makes it easier for readers to navigate through your content.
I’ve got an industry you could add to your list of jobs that pay well over $100,000 a year – the oil industry. Now, most people think that working in the oil industry is dangerous, dirty, smelly, gross etc. That’s if you work on the labor side of the oil industry not if you’re working for an operator (Exxon, Shell, Chevron, BP, Conoco) in the office. If you’re lucky enough to land a job at one of these 5 companies out of school as an engineer or geologist you can easily expect to make $125,000-$200,000 starting.
I would look into Wealthfront and automatically contribute a set amount every month from your paycheck after tax. The first 15K under management is free and it’s just 0.25% after that. Sign up and play around with the risk tolerance meter to see what different type of portfolios they come up with. They do tax loss harvesting and automatically rebalance for you based on your risk tolerance. You don’t have to fund the account to see the different portfolios.
As is the case for most professional reviewers, many of the books I review on this site have been provided by the publisher or author, at no cost to me. I've also reviewed books that I bought, because they were worthy of your time. And I've also received dozens of review copies at no charge that do not get reviewed, either because they are not worthy or because they don't meet the subject criteria for this column, or simply because I haven't gotten around to them yet, since I only review one book per month. I have far more books in my office than I will ever read, and the receipt of a free book does not affect my review.
I am age 34 , working as an accountant with annual income 85k per annum, due to monthly commitment on properties & car, left 1k for saving each month. May i know is there a better way to maximize my current reserves to 200k per annum as per your article? i’m happy to have at least 10k passive income every month without working soon as i’m planning to have kids and looking forward to enjoy the lovely time seeing them grow up without a job constraint
Jerry is a young aspiring Internet Entrepreneur who started his online business at the age of 18. He is currently a Full-time Affiliate Marketer at Wealthy Affiliate, a community to help anyone start their own online business without prior experience. He actually achieved Financial Independence at the young age of 21. Read more about his story here!