Time to educate myself
Author
Discussion

auditt

Original Poster:

715 posts

212 months

Saturday 22nd January 2011
quotequote all
Well just a little run down, left school at 16 with bugger all, trained and qualified as a tradesmen,acquired a number of investment properties, quit being a tradesmen to start my online business. The online shop runs itself and really only needs me for a few hours of the day. Im nearly 25 and think since im financially secure i think i could use my time to better use.

Im thinking maybe train or get the knowledge to become;

solictor (first option- legal secretary) or
accountant (i love numbers/figures) not a geek but just find this quite easy

What are my options into each profession/learning either of the above? Im not doing this to get a job or change of career. Time i have on my hands i should be filling it with knowledge and less rounds of golf/driving range.

Im just clueless as to where to go, Is it college/night college/open university?

Thanks everyone

Edited by auditt on Saturday 22 January 20:53

Eric Mc

125,342 posts

293 months

Saturday 22nd January 2011
quotequote all
Accountancy rules ........!

The Lukas

2,773 posts

222 months

Saturday 22nd January 2011
quotequote all
I think you've done jolly well thumbup

If I was financially secure with positive clashflow only needing a few hours a day to manage, I'd be doing whatever interests me. Why not use this opportunity to go/reside anywhere you like for however long you like. If anything, it should give you inspiration.

auditt

Original Poster:

715 posts

212 months

Sunday 23rd January 2011
quotequote all
The Lukas said:
I think you've done jolly well thumbup

If I was financially secure with positive clashflow only needing a few hours a day to manage, I'd be doing whatever interests me. Why not use this opportunity to go/reside anywhere you like for however long you like. If anything, it should give you inspiration.
It might only be a few hours a day and technically i could be anywhere in the world to manage the online business but i would still need someone to post out the orders and have someone manage the properties. Im not keen on letting a managing agent look after what ive built up and get some two bob tenants just so he/she or the company gets there commission. Im very selective and good judge of character when choosing my tenants and in return any problems (not many if any in close to 5 years) they have been fixed that day if possible but if not as soon as possible.

Ive had mates who have traveled the world, have had life experiences at this present time i cant say ive done but right now im content with my two holidays a year. Couple a weeks here and there and then back to reality. Dont get me wrong who wouldnt want to be on a beach 24/7/365 days a year but there is only so much tanning one can do and I can see the world when i get old and grey with the Mrs.

My close mates who have not traveled think im living the dream (no supercars or 7 bedroom houses with playboy bunnys in the hub tub) but a lifestyle where i have no worries what so ever in the world; but I feel i should be doing so much more, Its not because i want to earn more money but i know myself that i should have done better in school but had more interest in leaving school as soon as i could and get into the real world and start doing what i do best, "doing the deal"

With me turning 25 this year, IMO im no spring chicken and times comes when you think maybe this is it, The year i go back to the book.

Eric you wanna teach me? smile

dtmpower

3,972 posts

273 months

Sunday 23rd January 2011
quotequote all
Not to break the advertising rules but what's your website ?

I am in the process of jacking in 'employment' and going it along. You might be able to point me in the right direction for certain challenges I faced (I am 30 by the way)

auditt

Original Poster:

715 posts

212 months

Sunday 23rd January 2011
quotequote all
DTM POWER, I'll email you it cos like you say i dont wanna break any rules as this forum has been very helpful to me.

ATG

23,562 posts

300 months

Sunday 23rd January 2011
quotequote all
You sound pretty entrepreneurial, so if you like numbers, an evening school intro course to accountancy would give you a feel for the subject and put you in a better position to decide if you really wanted to pursue it.

Edited by ATG on Sunday 23 January 12:51

auditt

Original Poster:

715 posts

212 months

Sunday 23rd January 2011
quotequote all
ATG said:
You sound pretty entrepreneurial, so if you like numbers, an evening school intro course to accountancy would give you a feel for the subject and put you in a better position to decide if you really wanted to pursue it.

Edited by ATG on Sunday 23 January 12:51
Is there such a thing as a intro course into accountancy? I need to speak to someone who can give me options and whats available, Will call my local college tomorrow. I just hope with me having bugger all gcse's and no a-levels this could hinder me slightyly. This is another reason why ive put this thing off till now, cos i was informed at the age of 24 they dont really look at passed results - maybe this was a old wifes tale.

Eric Mc

125,342 posts

293 months

Sunday 23rd January 2011
quotequote all
auditt said:
The Lukas said:
Eric you wanna teach me? smile
Lesson 1

Repeat after me -

Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit

Edited by Eric Mc on Sunday 23 January 16:11

auditt

Original Poster:

715 posts

212 months

Sunday 23rd January 2011
quotequote all
Eric Mc said:
auditt said:
The Lukas said:
Eric you wanna teach me? smile
Lesson 1

Repeat after me -

Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit

Edited by Eric Mc on Sunday 23 January 16:11
Ive got that smile
Cant wait for lesson 2

ATG

23,562 posts

300 months

Sunday 23rd January 2011
quotequote all
auditt said:
ATG said:
You sound pretty entrepreneurial, so if you like numbers, an evening school intro course to accountancy would give you a feel for the subject and put you in a better position to decide if you really wanted to pursue it.

Edited by ATG on Sunday 23 January 12:51
Is there such a thing as a intro course into accountancy? I need to speak to someone who can give me options and whats available, Will call my local college tomorrow. I just hope with me having bugger all gcse's and no a-levels this could hinder me slightyly. This is another reason why ive put this thing off till now, cos i was informed at the age of 24 they dont really look at passed results - maybe this was a old wifes tale.
Sure they'll be courses like this available. I did one while looking for my first job, donkey's years ago now. If you're comfortable with basic arithmetic, you'll do fine.

The Lukas

2,773 posts

222 months

Sunday 23rd January 2011
quotequote all
Eric Mc said:
auditt said:
The Lukas said:
Eric you wanna teach me? smile
Lesson 1

Repeat after me -

Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit

Edited by Eric Mc on Sunday 23 January 16:11
Makes me wonder what you had to edit hehe

RichyBoy

3,749 posts

245 months

Sunday 23rd January 2011
quotequote all
For the solicitor choice you need:

1) law degree - legal practice course (open book exam) - training contract - then cpd every year
2) unrelated degree - postgrad diploma in law - legal practice course (open book exam) - training contract then cpd every year (continuing professional development)






auditt

Original Poster:

715 posts

212 months

Sunday 23rd January 2011
quotequote all
ATG said:
auditt said:
ATG said:
You sound pretty entrepreneurial, so if you like numbers, an evening school intro course to accountancy would give you a feel for the subject and put you in a better position to decide if you really wanted to pursue it.

Edited by ATG on Sunday 23 January 12:51
Is there such a thing as a intro course into accountancy? I need to speak to someone who can give me options and whats available, Will call my local college tomorrow. I just hope with me having bugger all gcse's and no a-levels this could hinder me slightyly. This is another reason why ive put this thing off till now, cos i was informed at the age of 24 they dont really look at passed results - maybe this was a old wifes tale.
Sure they'll be courses like this available. I did one while looking for my first job, donkey's years ago now. If you're comfortable with basic arithmetic, you'll do fine.
Numbers i just find so simple so maybe this is what i should look into. Thanks ATG

auditt

Original Poster:

715 posts

212 months

Sunday 23rd January 2011
quotequote all
RichyBoy said:
For the solicitor choice you need:

1) law degree - legal practice course (open book exam) - training contract - then cpd every year
2) unrelated degree - postgrad diploma in law - legal practice course (open book exam) - training contract then cpd every year (continuing professional development)
This seems a very long road considering ive just got a few gcse's let alone alevels or a degree frown

Eric Mc

125,342 posts

293 months

Sunday 23rd January 2011
quotequote all
auditt said:
Eric Mc said:
auditt said:
The Lukas said:
Eric you wanna teach me? smile
Lesson 1

Repeat after me -

Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit

Edited by Eric Mc on Sunday 23 January 16:11
Ive got that smile
Cant wait for lesson 2
Lesson 2

Look up Revenue V' Capital

auditt

Original Poster:

715 posts

212 months

Monday 24th January 2011
quotequote all
Looking into it eric

Pulse

10,922 posts

246 months

Monday 24th January 2011
quotequote all
Accounting you could start in AAT, which begins at Level 2. If you've got enough education, you could skip Year 1 and do Level 3. You then finish on Level 4, and become 'AAT Qualified'. After that, which with the time you have available shouldn't take more than 2 or 1.5 years respectively, you move onto something chartered. CIMA/ACCA are the popular/desirable ones.

auditt

Original Poster:

715 posts

212 months

Wednesday 26th January 2011
quotequote all
Pulse said:
Accounting you could start in AAT, which begins at Level 2. If you've got enough education, you could skip Year 1 and do Level 3. You then finish on Level 4, and become 'AAT Qualified'. After that, which with the time you have available shouldn't take more than 2 or 1.5 years respectively, you move onto something chartered. CIMA/ACCA are the popular/desirable ones.
Will look into this. Thanks