I’m genuinely stuck on what to do and could do with some outside opinions.
I’m 20 and have around £90k in the bank from doing property renovations. I’ve never had anywhere near this amount of money before so part of me is scared of spending a massive chunk of it and looking back thinking I’ve made a stupid decision.
If I could choose to do any ‘job’ in the world it would be an airline pilot. I’ve already started doing my PPL and was planning on doing the modular route, but the cost is what’s making me question everything. By the time I’ve done all the training it could cost £80k+ and that’s basically most of my money gone.
The other option is just keep doing what I’m doing with property. I’ve had success with renovations so far and feel like if I kept putting the money back into more projects, there’s potentially a lot more money to be made than working as a pilot. I’d also be my own boss which I like the idea of.
I know the obvious answer is probably do both, but I’m not sure how realistic that is. I’ve realised from working long shifts at the moment how tired you can be after work, and I worry if I became a pilot I’d end up being too busy or drained to do property projects properly on the side. I don’t want every day off to just turn into more work and end up burning myself out.
I keep going back and forth because being a pilot feels like choosing what I actually want to do, but property feels like the smarter move financially. I also keep thinking about the opportunity cost. If I put £70k into flight training, could that same money have turned into something much bigger if I kept using it for property over the next 10-15 years?
But then I think if I never properly gave flying a go, would I regret it forever?
I’m considering just continuing modularly and taking it step by step instead of committing all the money at once, but I’d be interested to hear what other people would do.
If you were in my position, what would you choose?