Titan,
Thank you for the reply on my questions.
So all in all
Total annual NET income: 604.852-66.486 = 538.366
Total montly NET income: 44.863
If we take average tax per year, not just year one then:
Total costs per month according to you: 31.320
I still think those expenses Can be cut, but even with this expenditure you would have about 15.000HKD left per Month.
I know I should go for the long term and that's exactly why I'm considering this Cadet program ! Even with the starting salary you have 15.000 left per month. And if you are upgraded in 4 years you would earn 40.000 more, that would leave you with about 50.000 per month, and this will only become more. I am though concerned about the inflation factor.
Honk Kong is expensive, I agree. But you won't have an huge dept for your training ! A dept of 100.000USD is not uncommon for a flight training. And your salary will rise in time, so I really don't see the point why a single man would not take this oppertunity. Tell me if I'm wrong.
I have considered a lot of possibilities, and I still think this is a good one. I hope to be selected for Cathay Pacific, but I'm also applying for the BA Cadet program.
