My dc has been asking how to become rich. I’ve no idea (🤣) but as I was musing that question I thought I would ask a few more:
What do you do as your main source of income?
What salary or income does this bring you?
What qualifications and experience do you have?
Did you have material and/or cultural capital support growing up and as a young adult - eg parents’ networks, paid tuition fees or ability to stay living at home and save on rent, support in mapping out a career path?
My answers:
I’m mainly a wellbeing practitioner in a school.
My FTE salary is £27,407.
I have a good joint honours BA, a postgraduate teaching qualification with 20 years’ experience in teaching, a Level 6 qualification in what I do now (which is related) plus over 2000 hours’ experience and CPD in that field. I also have experience in running a business, marketing, administration, bookkeeping, customer service…
I had cultural capital growing up but very little material support (I took loans and had a tiny grant at uni as they were phasing those out then), and no help with how to embark upon a career rather than get a job.
I love my work, I am super fortunate to enjoy working at what I do and rarely dread having to go to work. I don’t feel the pay matches the value of what I do. I don’t think it matches my expertise and experience. For me, I think it’s worth the low pay because I burned out before; however, it would be nice to get to the end of the month before the end of the money.
I work in another job as well which tops up my income. It’s as a lecturer in FE and there, my FTE salary would be £41,080. I don’t love the admin side of that job or the pressure, and I don’t think the pay there reflects the qualifications, skill, and demands of the job either. It has a reasonable pension (but not one of the old-style kind) but we are expected to take our holidays (during the college holidays of course) as booked leave and be on site if we aren’t on holiday. We get 21 days holiday FTE.
I’m curious about other people’s experiences in these areas. Are you willing to share?