#JobOpportunity #University #DebtFree #CareerChoice #OfficeJob #Accounting #HigherEducation #JaguarDealership
🎓 Should I Take a Good Job Opportunity, or Go Back to University? 🚗💼
If you’re in a situation where you’re 24, have accumulated $17,500 in debt with no savings, and facing the decision between taking a good job opportunity or going back to university, it can be a tough and overwhelming decision to make. Let’s break down the options and weigh the pros and cons in order to help you make an informed choice.
## Job Opportunity Offered by Your Brother
Your brother has presented you with a promising job opportunity at a Jaguar dealership, with the possibility of an office job within a year. The potential to earn around $70,000 a year as a service advisor is certainly enticing. Let’s consider the advantages and disadvantages of this route:
### Advantages
– Opportunity for a stable and well-paying job without the need for further education
– Possibility of career growth within the company, thanks to your brother’s connections
### Disadvantages
– Lack of guarantee for the office job within a year
– Potential for limited career advancement without a higher education degree
## Returning to University for an Accounting Diploma
On the other hand, you have the option to return to university to pursue an accounting diploma. This path may lead to a career with diverse opportunities for growth and advancement. Let’s examine the positives and negatives of pursuing higher education:
### Advantages
– Skills and knowledge gained from an accounting diploma can lead to a range of career opportunities with competitive salaries
– Long-term financial prospects may be improved with a higher education degree
### Disadvantages
– Additional student loan debt to be taken on, potentially adding to your existing financial burden
– Time investment in pursuing a diploma or potentially a degree, delaying your entry into the workforce
## Considering Your Current Situation
It’s important to acknowledge your current financial struggles and the desire to secure an office job that doesn’t require physical labor. Let’s take a look at some additional factors to consider:
### Financial Outlook
– Evaluate the impact of taking on further student loan debt on your current financial situation
– Consider the long-term earning potential of each option and the ability to repay your existing debt
### Career Goals
– Reflect on your career aspirations and the types of roles that would bring you fulfillment and financial stability
– Explore the potential for career growth within the dealership versus the accounting field
## Making an Informed Decision
While the decision may feel daunting, it’s essential to weigh the potential outcomes of each choice and consider your long-term goals. Remember that there is no one-size-fits-all answer, and the right choice for you will depend on your individual circumstances and aspirations.
### Financial Management
– Consider reaching out to financial advisors or experts who can provide guidance on managing your existing debt and making informed financial decisions
– Explore options for potential scholarships, grants, or part-time work opportunities while pursuing your diploma
### Career Exploration
– Research various career paths within the accounting field and the automotive industry to gain a clear understanding of the opportunities available to you
– Network with professionals in both industries to gather insights and advice on the potential career paths
## Conclusion
Ultimately, the decision between taking a job opportunity at the Jaguar dealership and returning to university for an accounting diploma requires careful consideration of your financial situation, career aspirations, and personal goals. By carefully evaluating the pros and cons of each option, seeking out guidance, and staying true to your ambitions, you can make an informed decision that aligns with your future success and fulfillment. Remember that the choice you make today will shape the path to your future, so take the time to reflect and weigh your options before moving forward.
take this opportunity and run with it
Not sure how you’re going to excel in a service advisor role here but it’s cool of your brother to be willing to take on the risk of pulling strings for you and taking a job from a qualified candidate.. if I were you I’d still completely some sort of education while working at this job as a fallback if things don’t work out.
A job is money and experience now. You’re already in debt with nothing to show for it, take the job and run with it, pay off your debts, save come coin, and then reevaluate
I know this sounds cliche but do the one that you think you would enjoy more. There will be lots of opportunities to make money doing either of those things, and the one you enjoy more you’ll probably end up becoming better at.
Take the job, pay your debts, and slowly go to school. Accounting is awesome. You’ll have a decent chance of working independently when you get a ton of experience.
Take uni and wash on the side (you didn’t mention the wash bay part). You’ll thank yourself later.
I have worked in many dealerships, and a service advisor is not only one of the toughest jobs but they throw quotas on top of you to make it more difficult. So a service advisor sells car service repairs, and recommends needed service. You need at least a rudimentary knowledge of car repairs, and the ability to sell ice cubes to eskimos.
Quotas, then require you to sell so many services to customers to hit a certain dollar amount every month. If you don’t hit those numbers, you can lose your job due to low performance. Selling is not everyone’s strong suit, especially sometimes selling when selling to those who are financially challenged, or selling things they may not need just to pad the dealerships pockets.
Even if you excel at these things, you must know how to console people with broken vehicles, deal with complaints on price or repairs, and do all this in a likable friendly manner. I worked service for 7 years, it is indeed stressful. You need to like dealing with people to excel, and working long hours.
My advice is to get a job doing something to pay down you debt, while taking taking classes. Not every job is honey, and roses, but doing something you like makes it less like work.
Take the job
Why did you drop out of your IT diploma? If you go back to school you really need to stick with it. “too hard” “didnt like it” are pretty bad excuses, i think any school these days passes people who show up every day and do all the work, no matter how poorly.
Try the job out. If it doesn’t work you can still go back to school.
Oh wow, take it man!
I think taking the job would be a good move because its experience and money, as long as you think you can do it. Maybe do some kind of rducation later online, there is athabasca university, WGU in USA and some colleges also have part time or online courses. Kind of in the same boat but dont have anybody offering me a well paying job
Shoutout to your brother, I wouldnt even do that lol
I’m in a similar boat to you right now. Tue difference is I finished my undergrad degree and I just don’t have enough experience or qualifications from the degree to land a job in my industry right now. I am currently back in college at a local CC taking classes to prepare for an IT degree to break into data analytics or something with cloud/ big data. I am working 25-30 hours a week and taking full 3 class load for the quarter. It’s doable I’d say take that job or a different job and work and also still pursue the accounting degree I’d also recommend going the 4 years for the bachelor. Accounting is super stable and opens doors. Take it from a finance/ accounting guy.
Both
Accounting will get taken over by AI in a few years.
But there’ll be plenty of need of selling Jaguars to the AI people.
Job = roof and food
Education = better roof and food
Take the job
Your 24 your still a noob in life
So am I, 30s
Take this job opportunity don’t waste it and enroll for online accounting diploma there are various good online options that you can apply for and study as a part time or even a full time if you can afford a time. Because studying while doing job will give you upper hand over other candidates when you apply for accounting job because you would have some kind of job experience.
Good luck
Let me give you my experiences as a 22 year old college drop out.
I grew up homeschooled, so when I went to college, I realized what I wanted to do didn’t really require a degree. I like working with people, and I want to help build businesses in the future.
I’ve worked a string of jobs ranging from Cadillac sales consultant, to retail stocking, to Carwash sales and management, and now I’m working in roadside assistance membership/domestic travel sales.
I’m in a comfortable spot. Not making 70k a year yet, but should be there within a year or two.
I think your best bet is to get a job that will help you build valuable skills. Also, I’ve done a good bit of vehicle detailing and “back breaking” work. My back got messed up from work which I why I moved more into sales/customer service focused work.
What you need now is a job or two so you can buckle down for a couple months and cut down on your debt a little bit. If the service advisor position works out with your brother, then that’s fantastic! It’s a great starting place. But if it doesn’t, if you are a hard worker and have a good attitude about learning/teaching you can move up in most entry level roles fairly quickly.
College is fantastic if you want to do something specialized or stem. But it’s not worth going into debt for. Especially $50k in debt for.
My suggestion is build your people skills through a customer service position, and do that until you can get the service advisor role. Grow your people skills and work into an entry level sales role. From there you can build a lot of skills, make a lot of relationships, and build experience in a lot of different industries.
Also certainly don’t get an IT degree. There are MUCH cheaper IT certifications/boot camps online that can do the same thing.
We live in a world where the need for certification is growing and the need for college is lessening.
But take everything I say with a grain of salt. This is what worked for me. I had the support of being able to live with my parents while growing my career. I also have a background in volunteer work that taught me a lot of communication skills. But I wouldn’t say I’m special in any way. Nor would I say I’m in an incredible place.
But in 4 years you’ll be living comfortably even without a degree. ESPECIALLY with the opportunity your brother is providing.
Feel free to reach out if you want to talk for a bit or just need someone to vent to.
I wish you the best of luck!
Take the job, Pay off debt and then save for studying
Get a job, get out of debt, go to school part time
Start earning, pay down your debt and reevaulate where you will go from there. Maybe taking some part time classes could be a viable option.
Getting in more debt is not the answer at this point of time.
#1 rule in life for young people: be useful to someone, somehow.
If you’re 24 years old now, that means you started university at age 22, yet still either weren’t mature enough, or motivated enough, or hadn’t selected an appropriate course of study, to actually complete it. Red flag when it comes to further studying. That’s not a criticism, not everyone needs to or should do academics. Just that I’d expect a little more insight into why you dropped out.
It’s better to start somewhere. You can take accounting courses on the side.
Do both.
Take the opportunity.
Get the degree you want via online courses in your spare time.
I wouldn’t pass on this opportunity if it were offered to me. Your brother is helping you massively.
Get the job, learn how to sell, this is a huge advantage in any industry. If you can learn how to sell and do it well, you will never be out of pocket. It’s a must-have skill in this day and age.
Get your degree online, and then see where you’re at. You may end up loving sales and seek different avenues to better your bank balance. Sales for companies like Jaguar are going to be high ticket, but maybe one day you find out that you want to sell houses. Learn how to do that, and then one day, you’re selling million dollar mansions to celebrities and the 1%.
AND… you still have an accounting degree, which comes in handy when you’re making so much money doing sales.
Feed off of the opportunities that are being handed to you. You never know where they will or can lead you.
Best of luck, whatever you choose to do.
Get an education and the accounting degree. It’s a safe recession proof career. I have friends that after a few years were making over 150k
You can’t afford to go to school right now.
I’m curious exactly what you’ve been doing for the last two years playing video games?
Without being rude, you failed at University and dropped out when you had savings to burn/were in a more comfortable position. You’ve also barely been employed since then. I don’t think you’ve had a David Goggins esque epiphany and therefore what stops you just flunking out of University again, missing this opportunity, but now with some added debt.
Take the opportunity and don’t squander it.
Get in that dealership. Turn wrenches if you must. Live with your brother on the couch for a year and pay off that debt by next tax season. You got a great opportunity.
Stay working, education taught you to get in debt
I have a buddy who is a service advisor at Jaguar. Friendly enough and professional and seems to make pretty good money. His dealership is pretty fair to the service advisors and they don’t all have to work every weekend and rotate amongst the 3 of them for who works Saturday. Would say he makes 80-90k on average a year in a MCOL area. Always kind of kept it as my backup option if I ever had to get out of my job (used to sell cars right out of college, and unless I’m forced to financially will never go back to car sales)
Take the job now!!!! And don’t act like you’re above a job like this. You can make hundreds of thousands if you work hard.
Act with purpose and clear intention – do not live life by default.
In more clear terms:
There is nothing wrong with working for your brother or going back to school. The question is, DO YOU want to be a sales person at a car dealership or Do you want to be an accountant?
What does your life look like in 1 year, 3, or 5 years from now.
Personally, jobs at car dealerships are fairly predictable, highly influenced by seasonality and economic cycles and offer limited growth. Business and accounting can be far more lucrative, offer flexibility in where you practice and deliver long term growth.
I would lean towards business/accounting – but you dropped out, why? Don’t go after something you dropped due to a lack of interest, motivation or desire.
You are 24! You’re young, keep exploring, learning, moving forward intentionally. Its never too late to get more education be it at a college, at a job or online.
Take the job. You can do most jobs for 2 years, even if it’s not your favorite thing. Pay off debts, save a lot of money.
Take it
Take the job and do classes part time.
Going to school with large amount of debt is not advisable if you don’t have a good income.
I quit my job at 26 and went to university with a lot of high interest debt, car to pay off for an other 6 years. My income has been between 3k-4K (take home (after taxes) a month in the past 5 years doing my side gig. 3k in my city is amazing for a student and you can live very comfortably. But my monthly expenses after all my bills and expenses runs to 3500 a month.
Because of my loans and car payment my purchasing power makes it seem like I make only 2k a month. Had I worked my ass off I could’ve made 60-70k in one year before university, paid off all my loans and my car. Gone to university the next year with no debt and would need only $2500 a month to live very comfortably. Would be able to focus on school way harder and work less while studying.
Now I’m on my last year, paid off my highest interest loans. Moved the rest to low interest accounts or instalment payment plans that freeze the account, take a pre authorized payment every month but interest drops down very low. My car is going to be fully paid off by the time I graduate, most of my loans are in very good standing but it was rough 5 years. Very rough. I would not want to do that again. My grades are averaging in the 70%s
You have to understand purchasing power to fully appreciate how fucked you are with debt. When I finish my degree I’ll still be doing my side gig and going to get a job that pays around 40k a year (take home). Together I’ll be taking home around 80k-90k a year and my expenses will be 30-35k by then too.
You don’t have to pay off your debt fully to manage it and go to school. Be smart about it. If you can consolidate it and bring the payments to small monthly amount it will help you pay it off faster and heal your credit score a bit. You will need to find something to make money while at school though.
Also consider what your program is going to help you earn after school. My degree by itself is useless in a traditional job market but what I’ve learned and the skills I’ve developed will help me make money in other ways. School is a long term commitment and you have to think in long term if you can commit to it given your circumstances. There’s hardly any jobs that require half a degree or diploma so dropping out is worse than not going at all, financially at least.
This isn’t even a question. Take the job, pay down your debt and start going to college part time.
the job.
Life on easy mode.
I would ask yourself why school would go any better this time around before you make a decision. Maybe a lot has changed in 2 years, you’re more prepared, you’re passionate about your degree, etc, but if not, I’d take the job and get out of debt.
Just go to work
Take the job.