Looking to change jobs from Oilfield to Welding. In order to Weld I would need to most likely quit my current job and attend a trade school. What’s the best way to go about this? How much should I realistically save before making the jump?

So for a little context, I’m 26 and I’ve been working in fortunately in the Oilfield for the last 5 years.

I’ve not always been the best at saving money, but I’ve recently changed my financial health for the better in the last few months.

My current Savings/Income:

I make $20.52/hour and work two weeks at a time/take a week off and rotate. Hours per week rotate as we have a Tuesday start and flip from Days to Nights. I grosses 90k last yeat for reference, but blew a lot of money on toys and foid, a bad habit that I’ve corrected in the last 6 months
Checking Account - $5473
High Yield Savings Account - $4500
Company 401K - $65101
Company Stock - $2915

My current Expenses:

Total ~2000/month

I know that my line of work isn’t going to last forever and have really been consider learning to weld.

How much should i save in order to make this work? How long am i probably going to have to go to school to learn the trade?

Submitted September 10, 2018 at 10:26AM by dahUPeh https://ift.tt/2MgLHDi

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