How did you pursue an MBA & Home Ownership?
Basically title. Let me know if my vision is messed up.
To preface this, assume I'm living at home and commuting. I could move out and rent but that would make it even harder and I have very loving parents who housed my Doctor / Lawyer siblings until 30ish. Not that that's the route I want to go. Anyways:
Graduate at 21 - 22 // Work as an analyst for 2ish years, pay off school (0) // Pursue MBA at 23-24 // Graduate at 25-26 (Conservitavely -120k) // Pay off debt and get a down payment ready at like 28-29?
My bad for the napkin math but you get the gist.
This just concerns me. A big reason I want to get into IB is the opportunities straight out of undergrad but everyone destroys part-time MBA's. Does a MFin give you the same opportunities? I hate the leaving, working and going back to school concept of an MBA. Thanks in advance!
You don’t need to buy a home. The math isn’t that attractive (eg pay lot more in interest vs equity, you’ll buy something small and affordable that you’ll eventually have to grow out of in 3-5 years anyway, in places like NYC fees and taxes are almost as much as rent). Finally you can’t move around with a home in luggage.
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