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

A brick layer on one site I was on was earning £300 a day…

Site setting out engineer I know is on 78k

A senior Qs on around 85k

A project manager can take home 65-150k

How old are they? Seems odd to have picked a future figure they want to earn?!

As others have said, it's easy to earn 6 figures in IT. I'd also add getting on the housing ladder as fast as possible. My ex bought at 19 and the same house is now worth 147 times more. (we're talking many many years later)

I don't think such gains are going to be repeated again for today's crop of young people.

Engineering and construction. 100k is not a huge salary for a project manager in construction with an engineering background.

£100k is achievable in many fields if you work your way up. I'm in pharmaceuticals and my whole department earn higher on average. I would advise your children to do something they are passionate about. If you love your job life is just that bit more enjoyable!

Freelance photographer, £1000 a day. Can easily earn £150k+ once you've built up a business.

@Snowqueen22 my DS wants to earn a lot of money. I don't think there's anything wrong with having that as a goal. Doesn't make you a bad person. DS is a natural at maths/physics as are most of his friends and I've always encouraged them to start their own IT business as that's where the real money is as opposed to having a job.

Haven't seen many mentions of management consultancy....

If your grades are very good, and you are a great problem solver, you can earn way over 100k within a few years.

Coding!

This is an enlightenment

This is an enlightening thread! I work in the public sector and know nothing about earning a lot of money - so have been.hopeless at advising my children on what to do to earn alot of money - when finance isn't on the table as they hate maths! Oh and "don't go into the public sector "!
Is marketing well paid as they have mentioned that as a possibility?

I’m not sure £100k counts as a massive salary. If money was a key driver, they’d be aiming higher than that. It’s very comfortable for most, but not into very rich bracket if it’s a main family income and relates to a forty five year-old. I expect all of mine to be on over £100k by the time they are thirty. That gives them an affordable mortgage on a reasonable (but not grand) house, a car, holiday, a social life and scope to save a bit.

You can earn good money in many jobs if you’re ambitious, get additional qualifications, work hard and are prepared to move around a fair bit.
Certainly there are teachers, nurses, doctors, dentists, plumbers, builders, accountants and solicitors on more than that once they’ve put the ground work in place. In engineering you can command far more. The key is wise decisions when young to get good qualifications and to build on that.

@Stripyhoglets1 marketing requires numeracy, it's not all fluff. If they do a degree in marketing they'll have a number of statistics modules, analytics and possibly accounting

Everyone keeps telling me that data analysis is where it’s at

Other than that finance and tech I guess.,

@Stripyhoglets1 but yes it can be very well paid but again it depends on the sector. Most marketing jobs advertised these days are in b2b which isn't nearly as glamorous as consumer marketing. Most big brands, have centralised marketing departments in HQ so not nearly as many jobs as in the past. Globalisation is the problem

Curious that your children are being criticised for being granny and shallow, I think it's really sensible to consider earning potential when thinking about your career path.

I'd say your best chance of earning that amount reasonably quickly is finance (investment banking), insurance or specialist IT. type roles. But a lot of those kind of roles want their pound of flesh and demand long working hours (not so much insurance from people I know).

Lots of the jobs mentioned could earn you over £100k but take years and years of training, long hours and often high academic achievements eg medicine, dentistry, law. Yes once you get to consultant level or barristers etc you'd be earning over £100k but you would be doing that at 30. Accountancy is a fairly long process too and if you want the big bucks you need to be in the city firms that also want their moneys worth or be CFO type level in a smaller firm.

Yes you want to do something that you enjoy most of the time but I think the concept of if you love what you do you'll never have to work another day in your life is exceptionally rare.

FWIW if I had a crystal ball and a time machine I would have made a decision much more guided by potential salary. My multiple degrees and 'vocation' mean I still have a hefty mortgage and can't afford to do many things that would bring joy and fulfilment. I enjoy my job, it makes a difference and is well respected but it's not what I thought it would be when I started out on this career path. I will absolutely be advising my children to consider earnings, particularly with housing and other costs compared to twenty years ago.

Agree with this. I'm an accountant and everyone assumes you earn mega bucks but it's not the case with most.

Money doesnt buy happiness but provides heating and food in the times like now.

What's wrong in aiming for sound financial careers? Yes, they need to have a balanced view but money is important for making sure they and their families are comfortable.

That user just sounds bitter. Thinking making money is immoral is a bad mindset and keeps you poor.

DH doesn’t have a degree. He started out in the Merchant Navy, working on oil tankers. He then came ashore and did cargo inspection/quality control. He then went to work in an oil refinery.
He then got offered a job in Canada for an oil company. He’s now earning £250K+ but it has taken 25yrs to get there.

I don't think their is anything wrong with encouraging your children to work towards getting good results in school and aiming towards a well paying career. The reality is that long term you want your children to be able to afford to live, to buy their own home and not to be struggling if they have a family in time.

For the majority of well paying jobs you need the minimum of a degree and good work experience. Most people have to do ongoing education in certain areas.
To earn the big wages in either law or business area you have to have a good degree results and be willing to work very long hours in areas which are very competitive.

I know teenagers who are currently studying in courses that in time will lead to well paying jobs. I know another teenager who is doing a levels and they are planning to do the same. They all did work experience in the area's of interest they were planning to study in and know they have to work hard in college and afterwards in order to get the high wages available.

I agree with this, but you do have to be good at sales.

I also think Emotional Intelligence is very important- I work in a low ish paid job (public sector, which should be avoided if you want to become rich) with some very intelligent and highly qualified people, who just don't have much emotional intelligence.

Short commission in the forces and learn about electronics and comms. Then private sector and look to be on £200k plus bonuses, share options by age 35.

Not rtft but surprised no-one has said sales. Particularly tech software sales. AI is going to be a big thing (already is).

Usually comes with lots of stress but ability to travel and potential move into the techy consultant jobs which are also very well paid if they want to study/learn.