I'm 26 years old with wife and kid. I never went to college and don't have any skills really. Zero debt, renting a house. Was making about 25k/year but I just quit so I'm at a crossroads.
I will however have about $150k to invest very soon. I have no idea what to do other than pay for college fulltime and try and get a degree. The only thing that remotely interests me is Physical Therapy and that's 7 years of school and the job only pays about 60k/year after that.
Does this sound crazy?
Buy a small house in the midwest for 60k. Live off the extra while in college.
Go to community college for 2 years.
Transfer to state college for 2 years and earn a BS.
Sell house and start renting to pay for grad school.
Go to PT school (if they accept me) for 2-3 more years.
If I pull that off i would come out debt free with good job prospects. It will just suck knowing I will be poor for the next 7 years though.
My main worry is not doing good enough to get accepted to PT school and being stuck with a semi-useless bachelor of science degree (biology or whatever) and no money.
I'm open to any better ideas. Open a store? Buy a business? Buy a couple foreclosures and turn them into rentals?
I will however have about $150k to invest very soon. I have no idea what to do other than pay for college fulltime and try and get a degree. The only thing that remotely interests me is Physical Therapy and that's 7 years of school and the job only pays about 60k/year after that.
Does this sound crazy?
Buy a small house in the midwest for 60k. Live off the extra while in college.
Go to community college for 2 years.
Transfer to state college for 2 years and earn a BS.
Sell house and start renting to pay for grad school.
Go to PT school (if they accept me) for 2-3 more years.
If I pull that off i would come out debt free with good job prospects. It will just suck knowing I will be poor for the next 7 years though.
My main worry is not doing good enough to get accepted to PT school and being stuck with a semi-useless bachelor of science degree (biology or whatever) and no money.
I'm open to any better ideas. Open a store? Buy a business? Buy a couple foreclosures and turn them into rentals?