Early thirties woman wanting financial success

[Anonymous]

I want to live a comfortable UMC life.

Marriage is not an option as I already married a wonderful guy I am in love with.

I am willing to work hard but need to decide what specialty to go for?

Accounting? Finance? Law? MBA?

Currently working in project management and marketing.

[Anonymous]

Anonymous wrote:I want to live a comfortable UMC life.

Marriage is not an option as I already married a wonderful guy I am in love with.

I am willing to work hard but need to decide what specialty to go for?

Accounting? Finance? Law? MBA?

Currently working in project management and marketing.

You are asking for a life coach on an anonymous forum! .

Share more.. How old are you guys? Income, kids, savings, own a home, monthly expense, net savings/month, etc. What's your education? Can you do a CPA? Without that there's not a lot of money in Accounting. That's the easiest. How about computers? Are you/DH into/capable of learning programming? Need more data points.

[Anonymous]

You are too old to break into most of those fields. A 35 junior programmer is passed over all the time, especially as a woman.

Project management should transition to consulting, but you are aging out there as well.

Don’t have kids and you can live like kings.

[Anonymous]

Best option is to try to get work at a bank and work way up there.

[Anonymous]

Read all your worth.

[Anonymous]

When you say early 30s, do you mean 30 or 34? Can you move to NYC or is that a no-go?

If NYC is a possibility -- I say get yourself into a top 10 b school in the class that will start in Aug 2019. Graduate from there with a job lined up at MBB or I-banking. In b-school being 30 is not that much of a hindrance -- 34 might be a bit not for school itself but places at MBB and ibanking are making determinations as to whether you can work 24-7 bc that is fully what you will be doing for your first 2-3 years. Salary/bonuses are great even despite NYC COL. You don't have to do it forever but do it for 2-4 yrs and then that Columbia/Harvard/whatever MBA + 3 yrs at JPM or MBB or GS will open a lot of doors that'll just be higher paying and in the long term way offset the NYC COL and any school loans. I would NOT do this if you're the type who'll go to b school and then decide you'd rather do social media marketing or whatever -- the traditional finance fields are where the $$$ is but now more and more people are going to these schools and taking start up jobs. If you're a tech background + MBA that's great but for just a true liberal arts + MBA type -- for every 1 that is lucky enough to get in with a company that'll become the next Google, there are 20 that get in with companies that'll never IPO and likely won't even exist in 2 yrs. That's fine for 25 yr olds, but in your 30s and looking to build wealth, traditional means are safer.

If NYC and finance isn't for you -- biglaw assuming you are 30-31 max. Having worked in biglaw partners are VERY conscious of the age of incoming associates -- bc they assume a 35 yr old associate will not be able to work 24-7 like a 25 yr old associate (which is largely true). But if you can get yourself into a top 5 school, you will get a shot somewhere. Go there. Bust it out for 8 yrs (partnership is no guarantee but it isnt that hard to stay on as an associate assuming you are willing to work all the time and have a bit of luck re the firm's financial condition) and depending on how you live, it is very possible to leave there in 8 yrs with 1/2 to 3/4 of a million NW in hand. You can make your first million by your early 40s.

And then there are entrepreneurial/tech/investment ideas, but those differ wildly based on your skillsets which you haven't listed. I just went with the 2 traditional means for making money.

[Anonymous]

Anonymous wrote:When you say early 30s, do you mean 30 or 34? Can you move to NYC or is that a no-go?

If NYC is a possibility -- I say get yourself into a top 10 b school in the class that will start in Aug 2019. Graduate from there with a job lined up at MBB or I-banking. In b-school being 30 is not that much of a hindrance -- 34 might be a bit not for school itself but places at MBB and ibanking are making determinations as to whether you can work 24-7 bc that is fully what you will be doing for your first 2-3 years. Salary/bonuses are great even despite NYC COL. You don't have to do it forever but do it for 2-4 yrs and then that Columbia/Harvard/whatever MBA + 3 yrs at JPM or MBB or GS will open a lot of doors that'll just be higher paying and in the long term way offset the NYC COL and any school loans. I would NOT do this if you're the type who'll go to b school and then decide you'd rather do social media marketing or whatever -- the traditional finance fields are where the $$$ is but now more and more people are going to these schools and taking start up jobs. If you're a tech background + MBA that's great but for just a true liberal arts + MBA type -- for every 1 that is lucky enough to get in with a company that'll become the next Google, there are 20 that get in with companies that'll never IPO and likely won't even exist in 2 yrs. That's fine for 25 yr olds, but in your 30s and looking to build wealth, traditional means are safer.

If NYC and finance isn't for you -- biglaw assuming you are 30-31 max. Having worked in biglaw partners are VERY conscious of the age of incoming associates -- bc they assume a 35 yr old associate will not be able to work 24-7 like a 25 yr old associate (which is largely true). But if you can get yourself into a top 5 school, you will get a shot somewhere. Go there. Bust it out for 8 yrs (partnership is no guarantee but it isnt that hard to stay on as an associate assuming you are willing to work all the time and have a bit of luck re the firm's financial condition) and depending on how you live, it is very possible to leave there in 8 yrs with 1/2 to 3/4 of a million NW in hand. You can make your first million by your early 40s.

And then there are entrepreneurial/tech/investment ideas, but those differ wildly based on your skillsets which you haven't listed. I just went with the 2 traditional means for making money.

And actually if you want to go b school but don't want to do NYC -- you go MBB in any major city outside of NYC including here.

[Anonymous]

Anonymous wrote:When you say early 30s, do you mean 30 or 34? Can you move to NYC or is that a no-go?

If NYC is a possibility -- I say get yourself into a top 10 b school in the class that will start in Aug 2019. Graduate from there with a job lined up at MBB or I-banking. In b-school being 30 is not that much of a hindrance -- 34 might be a bit not for school itself but places at MBB and ibanking are making determinations as to whether you can work 24-7 bc that is fully what you will be doing for your first 2-3 years. Salary/bonuses are great even despite NYC COL. You don't have to do it forever but do it for 2-4 yrs and then that Columbia/Harvard/whatever MBA + 3 yrs at JPM or MBB or GS will open a lot of doors that'll just be higher paying and in the long term way offset the NYC COL and any school loans. I would NOT do this if you're the type who'll go to b school and then decide you'd rather do social media marketing or whatever -- the traditional finance fields are where the $$$ is but now more and more people are going to these schools and taking start up jobs. If you're a tech background + MBA that's great but for just a true liberal arts + MBA type -- for every 1 that is lucky enough to get in with a company that'll become the next Google, there are 20 that get in with companies that'll never IPO and likely won't even exist in 2 yrs. That's fine for 25 yr olds, but in your 30s and looking to build wealth, traditional means are safer.

If NYC and finance isn't for you -- biglaw assuming you are 30-31 max. Having worked in biglaw partners are VERY conscious of the age of incoming associates -- bc they assume a 35 yr old associate will not be able to work 24-7 like a 25 yr old associate (which is largely true). But if you can get yourself into a top 5 school, you will get a shot somewhere. Go there. Bust it out for 8 yrs (partnership is no guarantee but it isnt that hard to stay on as an associate assuming you are willing to work all the time and have a bit of luck re the firm's financial condition) and depending on how you live, it is very possible to leave there in 8 yrs with 1/2 to 3/4 of a million NW in hand. You can make your first million by your early 40s.

And then there are entrepreneurial/tech/investment ideas, but those differ wildly based on your skillsets which you haven't listed. I just went with the 2 traditional means for making money.

Ok what if OP can’t get into top B or Law school?

[Anonymous]

Anonymous wrote:

Anonymous wrote:When you say early 30s, do you mean 30 or 34? Can you move to NYC or is that a no-go?

If NYC is a possibility -- I say get yourself into a top 10 b school in the class that will start in Aug 2019. Graduate from there with a job lined up at MBB or I-banking. In b-school being 30 is not that much of a hindrance -- 34 might be a bit not for school itself but places at MBB and ibanking are making determinations as to whether you can work 24-7 bc that is fully what you will be doing for your first 2-3 years. Salary/bonuses are great even despite NYC COL. You don't have to do it forever but do it for 2-4 yrs and then that Columbia/Harvard/whatever MBA + 3 yrs at JPM or MBB or GS will open a lot of doors that'll just be higher paying and in the long term way offset the NYC COL and any school loans. I would NOT do this if you're the type who'll go to b school and then decide you'd rather do social media marketing or whatever -- the traditional finance fields are where the $$$ is but now more and more people are going to these schools and taking start up jobs. If you're a tech background + MBA that's great but for just a true liberal arts + MBA type -- for every 1 that is lucky enough to get in with a company that'll become the next Google, there are 20 that get in with companies that'll never IPO and likely won't even exist in 2 yrs. That's fine for 25 yr olds, but in your 30s and looking to build wealth, traditional means are safer.

If NYC and finance isn't for you -- biglaw assuming you are 30-31 max. Having worked in biglaw partners are VERY conscious of the age of incoming associates -- bc they assume a 35 yr old associate will not be able to work 24-7 like a 25 yr old associate (which is largely true). But if you can get yourself into a top 5 school, you will get a shot somewhere. Go there. Bust it out for 8 yrs (partnership is no guarantee but it isnt that hard to stay on as an associate assuming you are willing to work all the time and have a bit of luck re the firm's financial condition) and depending on how you live, it is very possible to leave there in 8 yrs with 1/2 to 3/4 of a million NW in hand. You can make your first million by your early 40s.

And then there are entrepreneurial/tech/investment ideas, but those differ wildly based on your skillsets which you haven't listed. I just went with the 2 traditional means for making money.

Ok what if OP can’t get into top B or Law school?

Well since she told us nothing about herself, I assumed she could. It isn't rocket science to get into top schools in either industry if you have the grades/scores.

If not -- I'd say marketing and maybe working with companies that have more of an engineering/tech focus bc when you're making commissions on widgets costing hundreds of thousands or software as a service, that comp adds up fast. You just have to have the hustle. It's possible to do really well in marketing with a mediocre educational background -- lots of the people out there working for software and engineering companies in marketing don't even have an engineering/tech background; they are able to learn their products and keep hustling.

[Anonymous]

Anonymous wrote:I want to live a comfortable UMC life.

Then you are already have financial success. What is it that you feel like is missing?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I want to live a comfortable UMC life.

Then you are already have financial success. What is it that you feel like is missing?

Never mind. I read the OP wrong.

[Anonymous]

Start a business

[Anonymous]

Anonymous wrote:Start a business

Most businesses fail. What is her safety net?

[Anonymous]

Sell software.

[Anonymous]

Anonymous wrote:

Anonymous wrote:When you say early 30s, do you mean 30 or 34? Can you move to NYC or is that a no-go?

If NYC is a possibility -- I say get yourself into a top 10 b school in the class that will start in Aug 2019. Graduate from there with a job lined up at MBB or I-banking. In b-school being 30 is not that much of a hindrance -- 34 might be a bit not for school itself but places at MBB and ibanking are making determinations as to whether you can work 24-7 bc that is fully what you will be doing for your first 2-3 years. Salary/bonuses are great even despite NYC COL. You don't have to do it forever but do it for 2-4 yrs and then that Columbia/Harvard/whatever MBA + 3 yrs at JPM or MBB or GS will open a lot of doors that'll just be higher paying and in the long term way offset the NYC COL and any school loans. I would NOT do this if you're the type who'll go to b school and then decide you'd rather do social media marketing or whatever -- the traditional finance fields are where the $$$ is but now more and more people are going to these schools and taking start up jobs. If you're a tech background + MBA that's great but for just a true liberal arts + MBA type -- for every 1 that is lucky enough to get in with a company that'll become the next Google, there are 20 that get in with companies that'll never IPO and likely won't even exist in 2 yrs. That's fine for 25 yr olds, but in your 30s and looking to build wealth, traditional means are safer.

If NYC and finance isn't for you -- biglaw assuming you are 30-31 max. Having worked in biglaw partners are VERY conscious of the age of incoming associates -- bc they assume a 35 yr old associate will not be able to work 24-7 like a 25 yr old associate (which is largely true). But if you can get yourself into a top 5 school, you will get a shot somewhere. Go there. Bust it out for 8 yrs (partnership is no guarantee but it isnt that hard to stay on as an associate assuming you are willing to work all the time and have a bit of luck re the firm's financial condition) and depending on how you live, it is very possible to leave there in 8 yrs with 1/2 to 3/4 of a million NW in hand. You can make your first million by your early 40s.

And then there are entrepreneurial/tech/investment ideas, but those differ wildly based on your skillsets which you haven't listed. I just went with the 2 traditional means for making money.

And actually if you want to go b school but don't want to do NYC -- you go MBB in any major city outside of NYC including here.

What is MBB?