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30 year old single bachelor with $57,000 cash in bank & salary of $3600, consider ok?

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  #41 (permalink)  
Old 17-04-2016, 10:10 PM
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Is Temp111 the one who said he want to castrate himself sometime ago?

Many have since disregarded his posts..haa

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This temp111 has really low eq

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  #42 (permalink)  
Old 27-04-2016, 02:33 PM
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Hi,
$57K is actually quite a decent amount of savings.
I don't even remember I had that much in the bank when I was 30. However your salary is on the low side, ie. your inflow of money is limited.

I would highly suggest that you use that $57k to upgrade yourself. No matter how or what you decide to further study, it's only going to enrich your experience and credentials.

I did my MBA (2nd Tier) when I was in 30 drawing a salary around 6k , wiping out almost all my savings close to ($50-60k). Fast forward till now, I'm 35 years old, 2 years after my graduation and my salary now is more than 12K with a additional bonus of 50k per year.

Hence, my advice is to just upgrade yourself, doesn't matter whether it is technical skill related or not - though soft skills are more important.

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