What will be the highest paying careers of the future? My dcs want to earn 100k plus😁

[Snowqueen22]

Chatting to the dcs last night about careers... One is very creative, one loves stem & maths, the youngest excels at humanities. They all said money is the most important thing initially. So based on this what are & will be the highest paying careers of the future? 100k plus

They sound very ambitious your DC which is lovely!
They don't sound lovely at all. They sound materialistic and shallow.

Maths would get them into cyber security

Can't win on mumsnet, struggle during the cost of living crisis and you need to work harder to earn more, aim for a well paying career and you're being materialistic. Some seriously big chips on those shoulders ladies.

Maybe something in robotics or AI

They're 8 & 10. Plenty of time to figure out what they will enjoy. But also they may be creative and good at maths now but could do a massive U turn in their teen years.

Law - hahahahahaha

I wish

@ping78

I don’t think it’s that. It’s when they said that money was the most important thing. The be all and end all basically. I think most adults get to a point in their life when the penny drops regarding that world view. Yes no one wants to be poor but there’s certainly a middle ground to be had.

There’s nothing wrong with earning mega bucks but a lot of people manage to do so because they genuinely love what they do. Others do it purely for the money but then crash and burn in other ways.

Finance and tech are the obvious ones. I suspect it will become harder to earn that sort of money in engineering and law as more and more people train in those areas (very high numbers of students studying engineering especially at the moment).

My own thought - fertility medicine. Huge demand, people willing to pay and I suspect there's still a lot of potential for treatment to be improved and refined.

Or become entrepreneurial. There's plenty of scope to earn that sort of money in sectors you might not think of, if you run and grow your own business (e.g. retail, social care). Some people think that's the hard route but I think it depends on your personality, your children sound driven so perhaps it would suit them.

STEM doesn’t necessarily pay highly. Never has. It all depends on the industry you work in

i have chemistry degree. Worked in pharma industry . Paid high salary relatively speaking

db Has chemistry degree too. Worked in FMCG - paid a lot less despite both of us having similar experience and using similar skill set

other Db/DS has STEM degree in another (same) discipline - they both love their jobs with passion, but are paid quite low compared to a lot of professionals.

Architecture is not a well paid career unless you start/have your own successful company and the qualification process is long and expensive. I stopped after my part 1 experience ended and didn't continue with the deploma portion or part two so just have the degree.

I work in landscape design/3d design and would say its not well paid if you want to be doing the actual creative fun bit. The rice people are the business owners who are good at both running everything and scmoosing clients.

For the creative one I would recommend combining the design element with tech. So become an environment artist/game artist, Web design or if keen on architecture do architectural engineering.

If interested in 3d design, get them learning now. I, in my 30s have learned a free software called blender which is starting to compete with some of big name software and its also being used by more and more start up as its free. Lots of learning resources on you tube for free and for beginners. Happy for you to pm me if you are interested.

Don't be daft. It's not shallow or materialistic to want financial stability (or, god forbid, success). I wish more young people understood the importance of this

I am heavily encouraging my children to go for the money too. It makes life so much easier, although agree there is a balance to be had.

@ping78 couldn't have worded it better myself!! They don't plan on living off the state, are aware of their interests plus what they love & know they need high salaries to be able to get what they want! It's not rocket science for teenagers to be aware that money is needed for the type of lifestyle they aspire & dream of. They are also astute enough to know that mummy & daddy can't afford to fund them so they'll be financing themselves!

@Snowqueen22

Are your kids even at secondary school yet?

Maths and physics and chemistry

Keep doing those and the cash will roll in. Ultimately it’s about having skills that others don’t have but that are in demand. The harder it is to achieve those skills, the more people will pay (in general).

A useful way to think about this is what roles create the elusive business ‘growth’ (generate value) vs those that enable them. The growth roles will always be the highest remunerated in a commercial setting. That isn’t to say you can’t get paid a lot/have a good salary being an accountant or HR person but those are corporate functions who enable, not generate growth per se.

What businesses, the UK and the world need are novel ideas and IP for new products and services. Whether those be in digital, scientific or engineering disciples as well as the creative sector which is highly lucrative e.g. Call of Duty has generated £6b in revenues. I would put my money on one of those any day of the week and twice on Sunday.

COVID, the war in Ukraine and energy crisis more generally has been a catalyst for a wave of change coming. The idea economies can be sustained based on trading money via financial services (which will always be needed but is only an enabler of growth) is over.

There will always be construction. Lots of management level jobs with decent bonus schemes.

In today's world, it's a very sensible approach. Read about the cost of living crisis that many people are now suffering. Wanting to avoid all that can only be a good thing.

Trading. Mega money.

The eldest is!

The last plumber in London.

I think it’s fine to consider money but also if the temperament is suited to the job. Otherwise it won’t be a good match

Finance is usually a good bet. Oldest dc is aiming for engineering which I think is a great path but probably not as highly paid in all cases. Maybe there is a way to make it so though.

@Snowqueen22
Not architecture - it's never been particularly high paying for the vast majority of architects and costs a fortune to train for.
If you end up in a mid size firm, high up you will earn a decent salary but not a great one and it's worth remembering the majority of practices in the U.K. are small or sole practitioners and we definitely don't earn much.
Architects do it because they love it/ the challenge, not for the money

Medicine can pay lots (at the peak of your career) but again most people who do it, do it because they like the challenge / helping people rather than the financial reward because before you get to that high level of reward there is a lot of sacrifice and stress and it can be extremely difficult on your mental and physical health and even when you get to a well paid consultant job the money doesn't really make up for the sacrifices/tolls it has on your life if you work in the NHS which is still the main employer of medics in the U.K.

I would get your kids to concentrate to doing things they enjoy.

I have a relative who was a top student in maths, science and technology who went on to study engineering, got a first and offers of some very well paying jobs unfortunately he also discovered he hated engineering so ended up going into a completely different field which he loves and has eventually been very successful in, doesn't pay as well but he is passionate about it and it supports his family and is how he met his partner so I suspect that's more of a win than if he had chased the money.

Plumber given my last bill

I think saying 'do what you love' is a lovely attitude and a DC should still be encouraged to chase that but... if a DC would want to go for high pay for long term financial security, retiring early, providing for future families or to make it so they can afford to 'do what they love' in future there's nothing wrong with that.
Think of artists - its hard to make a full time wage as an artist, so if its your passiom why not chase a high paying 'backup' career to enable you to do your art part time and eventually full time?
High paid doesnt have to mean stressful but its absolutely a great thing to point out to DC for them to do research on when looking at career choices. Plenty of first hand experiences out there for them to read that would inform their decision.