How far can you get on €40K?
Thread Starter
Joined: Jan 2004
Posts: 14
Likes: 0
From: Ireland
How far can you get on €40K?
Hi
Just a question for any Irish pilots out there that are currentlly training towards FATPL.
How far through the training process can you get on €40k, I am currently working the day job trying to save as much as I can so I can begin training, but it's tough going and i'm practically living like a monk. If I keep going the way I am I should have €40K saved in 16 months. Do you think that this could be enough money to pay for PPL/Hours building/Groundschool/CPL/MEIR?
I plan to train abroad as it should stretch the funds a bit.
Any advice would be greatly appreciated.
normb
Just a question for any Irish pilots out there that are currentlly training towards FATPL.
How far through the training process can you get on €40k, I am currently working the day job trying to save as much as I can so I can begin training, but it's tough going and i'm practically living like a monk. If I keep going the way I am I should have €40K saved in 16 months. Do you think that this could be enough money to pay for PPL/Hours building/Groundschool/CPL/MEIR?
I plan to train abroad as it should stretch the funds a bit.
Any advice would be greatly appreciated.
normb
Joined: Feb 2004
Posts: 64
Likes: 0
From: Ireland
Hi there,
I'm irish and so far have 220hrs PPL with my ATPLs done. I've spent about 45000 euros. Trust me there are so many hidden costs and everything involved, 40000 isnt going to get you finished. There are a lot of things i would do differently also. Initially I went into it wanting to spend as little as possible but if i could do it again i'd go to a well known JAA school in the UK and get my training done there except the hour building. I wouldnt do any licences in USA, just too damn frustrating, and annoying. At the end of the day you will probably spend as much money. One place i would highly recommend is Bristol Ground School for your ATPLs, brilliant!
Dont think in mony the whole time, think of the quality of training you are going to get. That is the most important thing.
Steve
I'm irish and so far have 220hrs PPL with my ATPLs done. I've spent about 45000 euros. Trust me there are so many hidden costs and everything involved, 40000 isnt going to get you finished. There are a lot of things i would do differently also. Initially I went into it wanting to spend as little as possible but if i could do it again i'd go to a well known JAA school in the UK and get my training done there except the hour building. I wouldnt do any licences in USA, just too damn frustrating, and annoying. At the end of the day you will probably spend as much money. One place i would highly recommend is Bristol Ground School for your ATPLs, brilliant!
Dont think in mony the whole time, think of the quality of training you are going to get. That is the most important thing.
Steve
The Cooler King
Joined: Feb 2004
Posts: 1,717
Likes: 30
From: Europe
$35,000 will get you.....
FAA PPL, FAA ME, FAA Instrument Rating, CFI, CFII MEI and about 200 hours multi
Stay and get paid to instruct for a year - get another 1000 hours - all multi
Come back and convert it with the money you saved.
BEFORE the "Opus Dei" diehards come on and say that there is not enough suffering in this method and start flaming me.......it's an option.....ok?
FAA PPL, FAA ME, FAA Instrument Rating, CFI, CFII MEI and about 200 hours multi
Stay and get paid to instruct for a year - get another 1000 hours - all multi
Come back and convert it with the money you saved.
BEFORE the "Opus Dei" diehards come on and say that there is not enough suffering in this method and start flaming me.......it's an option.....ok?
Joined: May 2001
Posts: 4,729
Likes: 0
From: 75N 16E
BEFORE the "Opus Dei" diehards come on and say that there is not enough suffering in this method and start flaming me.......it's an option.....ok?
