Good for u. Just couldn't tally up the numbers. For example, you said your savings was typically AUD35k -AUD45k per year, then after 6 years, you have AUD600k. And now you worked 24 hours work week, and your wages dropped to AUD4.5k per month(4 weeks), and now you are expecting to grow your savings to AUD1m in just another 4 years!
I think it is more meaningful to share your investment secrets. It seems more lucrative than your nursing job.
Quote:
Originally Posted by Unregistered
I would like to share my experiences. Worked in a big accounting firm. Stressed, can't sleep. Quit due to deteriorating health. Almost made me cuckoo and depressed.
No job for over a year and little money. Desperate, went straight to sales of any kind. Became thick skin and thick face. Could not care how my ex colleagues or friends perceive me. Also become very humble over time.
Quit sales job, and.....became a nurse. Again many were shocked. I was once a money hungry, investment banker wannabe. Of cause I would never be a nurse in Singapore for long. Just get qualifications in Poly, did my 3 years experience in Singapore and left for Australia.
6 years ago in Australia now. I never regretted changing careers and what is claimed as wasted my finance/accounting degrees. Those knowledge allowed me to invest and save wisely, earn a AUD78,000 per annum AFTER tax income from a very safe nursing job. Started at about 55kAUD after tax 6 years ago. Now I'm AUD600k net assets. Typical savings about 35k-45k AUD a year, lived in a rented room with all bills paid for 6 years. Typical expenditure per 4 weeks now is AUD1200. But I'm earning 6k per 4 wks now.
Moving into a fully paid AUD600k apartment. Cut down working hours to 24 hours a week and enjoying the life. I still get about 4.5k after tax per 4 weeks.
Bottom line, be practical and though I do not love nursing, I did it because it is a safe job, where I do not need to be "unethical", just do your job, finish your shift, go home happy. It is never a respected job anyways even here in Australia. Many do not want to be a Nurse. That'w why a lot of shifts and demand for you will always be high. Do it for $$$. Once ya stable, u can always choose to becoming a doctor if u are smart enough to gain entry. But ya still need $$$ first.
So for those out there jobless, I do hope that this route might give you inspiration. I'm certain I'll be a millionaire in 4 years working 24 hours a week.. Be thrifty at least for your first 5 years. There are a lot of work for Nurses here in Australia, if u choose to make 200k AUD a year, its your choice. JUST make sure you've gained 3 years nursing experience first here in Singapore.
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