Yachting or start education?
February 2nd, 2009 — 01:10 pmHi everybody,
First of all, I’m 22 and from Denmark.
I am in a very big dilemma here. I have been in the yachting industry since April 2008 – I felt like giving it a shot since it is a great opportunity to travel and to earn and save a lot of tax free money, and since I graduated senior high school a couple of years back have I been it a little bit of financial debt which I also wanted to get rid off by working in Denmark (but it is difficult to pay back any debt when you pay 41% tax).
So here I am, one year later after joining yachting almost, rid of debt and with around 15.000 dollars in my account and with a lot of absolutely fantastic experiences and new friendships . However, I really wanna get started on my education in either business or graphics design (not sure exactly which yet).
I have promised myself to apply this spring so I can get started in the fall, and then take another season with the yacht which I am employed on now and save up an additional 20.000 dollars during the summer and then go home and start my studies in August/September.
However, in one way do I not really feel like getting started on my education, and I have been playing a lot with the though of perhaps finding a yacht that goes to the Caribbean for the winter and explore the Caribbean as well and save up even more money. But when does it end? If I do that I will start my studies when I’m 24!
I want to pursue a bachelors degree within the business area, and perhaps some education within either design or the movie business (not sure) – either way, it is definitely last call now.
- the money would be absolutely great to have while studying. If I did another year I would have around 50.000 dollars saved up – good amount of money to kickstart some investing or entrepreneurial ideas of mine.
- if I start my studies this summer I will only have around 25.000 dollars and will be stuck in my studies for the next three/four years at least, and I really wanna go to the states for a term or two during my studies, but I do not want to be way too old.
What should I chose? The money which gives me more air and freedom while studying or start my studies without too much money and just bite the bullet.
Note: My studies will be free since education in Denmark is payed by the government, so the money should only be for my own pleasure and to go travel or to pursue some investment or business ventures which I have in mind.
charter boat

