Invest in my education or in some other investment?
June 3, 2012 11:22 AM Subscribe
Windfall of $50k! Invest in myself and get a biz degree or save it all for a rainy day?
posted by seatofmypants to education (18 answers total) 2 users marked this as a favorite
I recently had a windfall of about fifty thousand dollars that I can put away as I have enough to live on from my regular income.
I know there have been other, similar, posts but mine is filed under education because that appeals strongly to me. I have always liked the idea that the best investment is in yourself. Also, I very much think education at this point as an investment that I want to see a return on.
Having said that, would it be wiser to simply put it away as a rainy day / retirement fund? After all, spending it on a degree is not a sure thing and therefore is somewhat of a risky investment.
I am in my early thirties and have a BA in philosophy. I live in NYC and my initial thought would be to go to Baruch college for business studies.