...to want to know how to earn £50,000 + in the quickest easiest way?

[RebeccaBunchLawyer]

Hi all,

I really want, and really need to move on in life and to do so (like everyone, I guess) need to really up my earning potential, which is frankly pathetic and virtually impossible to live on in my area (between Kingsto and Guildford, basically- lovely but expensive for a first time buyer).

I very recently moved in with friends on a short-term basis, which is very cheap, but definitely temporary while I sort myself out (but better than living in my car!). My recent experiences have made me see I would like my own home very much, and feel that I won’t have any real stability unless I work towards this, or feel psychologically like I’m trying, at least.

The problems:

• I am single and not in debt, but on a tight, tight budget (so one salary), plus no family help (obviously I’m not entitled to this, but thought best to include as there’d be no extra help forthcoming )
• I am pushing 40, so no spring chicken first time buyer!
• I know I can’t buy in my area on my own but I can’t move to the north etc as no connections at all and I have no interest in doing so. I’d rather a shared ownership studio in the shittiest part of Croydon than a 2 bedroom house up north etc (no offence, I just don’t know the area).

How can I pull myself together and improve my earning potential, please? I currently do a carer job and also am now teaching ESOL to adults again (both of which I am enjoying), but I really need a job with more earning potential and stability.

I can’t afford and don’t want to retrain for too long (I was looking into Occupational Therapy training but £20,000 training costs for a job which pays not much more is sadly not feasible for me, but know that some retraining is probably necessary for a ‘better’ job.

I really can’t work with kids in any way ever again as it’s not for me (ex-primary school teacher), and ideally don’t want to commute as I have a phobia of tubes etc. I would love to move nearer the coast (somewhere near Portsmouth sort of areas).

I love art, creative things like the theatre, graphic design etc, animals- particularly dogs, beauty, books, travel, the outdoors, conservation, and am interested in ethical companies etc.

Sorry for long post, have had a few things happen recently, and feel I have a chance to try to improve my life now; like a now or never situation in a positive way!

Any ideas, at all?

You need this thread

www.mumsnet.com/Talk/_chat/3245448-A-year-to-train-so-I-can-earn-50k

No answers but am listening and lurking for some! I have been thinking about this. An article I read in the week was saying middle age renters numbers are increasing. Currently in a house share with live in annoying landlord who has retired in his 40s. I have had to start again after loosing house in the last crash and some traumatic family deaths. No pension.

I would like to add a question if I may, what if you had £50k at the age of 45 but nothing else. Single, low wage. What would you do?

You have a range of skills and interests and your current job in careers and teaching so my advice:

Go for promotion,-work your way up, what about social work that may require retraining , look for jobs related to your skill set in education/social care perhaps charity management-take courselevel 2 team leader perhaps.

The other is to start a business or sell ebay/amazon/etsy ect

Hmmm.

Re:careers without having to do a new degree etc.

Retail management - I know graduate schemes are advertised BUT they recruit from the shop floor regularly.

You need 100% full flexibility ie no “I can’t do Friday nights” and rotas are flexible from week to week. Nights are expected too.

Don’t expect to have much of a life outside work, but I think 40-50k is doable if you work it right. I think it often suits people without family or a big social life.

HR. I think there’s a regular on here who did HR as a second career and took qualifications as she went along and got to senior level.

Also, how about considering buying a flat somewhere cheaper and renting it out for a while?

So if the south east ends up always being out of reach (not being a twat but the people I know who bought there were “focussed on good careers from the age of 18 when they got their good solid degree” types) you have something at least?

I mean do a right move search in Newcastle or Birmingham and you might be tempted

If you want to move to Portsmouth you could move there and your money would go a lot further.

Eg 1 bed flat for £80k

www.indeed.co.uk/viewjob?jk=8d498bcde8930af9&q=Esol&l=Portsmouth,+Hampshire&tk=1cdcsqed6944mee9&from=web&advn=7658290718701463&sjdu=RV4mlg7GBO_mpDHZdbN8oNBTeTORK6NIsKagYpcMat3LzajL0XxpdPgqGRYXcYEOK45uxTsScNWKuLaTAB7FrSaf-d6DW3in8a0k5ZcKYKqEHp89MDg5jOyFVWB-5qEQ&acatk=1cdcsqllq9u4kei3&pub=4a1b367933fd867b19b072952f68dceb&vjs=3

www.indeed.co.uk/viewjob?jk=2412c04cd1519d48&tk=1cdcsqed6944mee9&from=serp&vjs=3

This is the third thread like this in about as many days

Become a Nanny. Expect to sell your soul but also expect to earn £10 net an hour live out (so £41k gross for a 60 hour week job) or £400 net live in (£27k but all living expenses paid)

You need a paediatric first aid certificate and a DBS.

I have no childcare qualifications. I've been doing it 9 years now and earn £130k, living expenses paid

Do an MBA in your own 'spare' time. It's bloody hard work, but it will elevate your earning potential like nothing else. Worked for me.

what about livin jobs.house sitting maybe in Portsmouth until you decide on wanting to be there.there can be espcecially where people have holiday home job title literally being a housesitter.depending on how quickly you want to settle people have their homes needing lvin tenants watching animals farm land etc.my cousin did this over one long summer.she lived in the countryside where the job was to feed animal and walk dogs for coupe who went to their abroad holiday home.this gave her the chance to get to know the locals,find job,get her feet.i think she was lucky.but it just one example how thing can work.
any paid jobs working in summer camps abroad?i know its not settling and finding the home that you want but it sound like you've been through some stuff so a break might be helpful even nice to get your head together
are there any jobs you can train on the go.it might start crap but if it

This is the third thread like this in about as many days
And every single one referencing £50K. Exactly £50K.

I don’t think there are any magic solutions. People often suggest housesitting, selling stuff on eBay, etc but realistically those things will not earn you much money.

What sort of job do you do now, and how much do you earn?

Thanks to ohreally, I have just been mesmerised reading the ‘other’ “I need to earn £50k a year” thread. So interesting, and my next port of call is looking up MAs that I think could elevate me in the careers’ market.

BettyBaggins, in answer to your question: if I were 45, single and with 50k to my name, I would use the 50k as a deposit to buy a one bed home (shared ownership) in an ok area, then try to staircase as quickly as poss, or do the same with a slightly lower deposit, then use 5-10k to travel around NZ and Canada, maybe working my way round as an ESOL/TEFL tutor, renting out the property until my return.

UnsuspectedItem, please tell me more, either here or via private message! How the heck did you manage that as a nanny? The best salary I ever had as a nanny (a few years’ back was just over £22k, plus a few perks and expenses!).

And for anyone asking why £50,000; it seems unrealistic (admittedly) but a wonderful figure to aim for, or somewhere vaguely near it at some point (Not immediately after training; sorry if I was unclear!).

Yes, third thread about earning 50k. Really odd. I'm assuming the same person. Why?!

Hi Eric, no, 100% not same person. I don’t have kids or live in London!

Forgot to say thanks to Anathema and yes, kateandme, that’s a great idea, thanks!

I don’t think it’s weird that there are similar threads on this subject. I could have started one myself as I’m currently researching other career paths following mat leave and my DP would dearly love to be a SAHP. With that salary he probably could. I’m watching these threads with interest and have loved the varied responses, everything from sex worker to pilot had been suggested, it’s certainly given me some new ideas!

Could someone please link the third thread mentioned above?

UnsuspectedItem, please tell me more, either here or via private message! How the heck did you manage that as a nanny?

By being very (very very) flexible, "well presented", and speaking clearly. Ie. Looking and sounding the part. British Nannies with a Radio 4 accent are highly sought after, particularly abroad.

I started off in a £400 npw in Kent, live in at 20. (before that I did a teaching gap year etc) then just worked in more and more high profile jobs. Now I work for a celebrity abroad. But I don't have kids and I'm very laid back yet organised so the lifestyle suits me as we travel a lot and my life is completely handed over to them. So the money comes at a high price.

In Central London, £10 to £12 net per hour is the norm for a live out nanny. Hours are typically 50 to 60 a week, plus babysitting. It adds up.

www.mumsnet.com/Talk/_chat/3245448-A-year-to-train-so-I-can-earn-50k

www.mumsnet.com/Talk/am_i_being_unreasonable/3247978-Need-to-find-another-job-paying-50k-a-year

Strange hey? Why is 50k the magic number?

I think it’s just a sort of threshold figure. If you’re in an average paid job then 50k sounds like a high but potentially achievable salary because we all know people earning above this. It’s about twice the average so makes sense to me. For us, it would replace two salaries meaning one could work and one could SAH

Respect, UnsuspectedItem, go getters like you totally inspire me.

And Eric, tbh, 40k or anything above 35 would be a bit of a dream for me atm. 50k for me is the dream, no more, no less, make of that what you will. I am not relalistically expecting to earn that after a quick little one year ‘top up’ training course, but I like to aim towards something. Sadly, I also screwed up Law School a long, long time ago due to health issues etc, so could be earning well by now in theory, but there you go.