Answers
The reason I ask is b/c my friend is a financial adviser (for 3 yrs) and he works only 6 hours a day/ 5 days a week. He makes his own hours and goes on vacation when he wants. He makes between $50,000 and $90,000/ year.
This sounds EXTREMELY attractive. However, when I read online about becoming a financial adviser, it mentions long hours and the fact that you need a college degree- exactly the opposite of what my friend says.
FYI My friend is a financial adviser in New Jersey.
It's a really difficult career to get into. If you make it, then you can really be successful but you have to put in a lot of work.
First of all, I don't think you absolutely necessary have to have a degree. It would make things a lot easier so that they can evaluate your education. In order to be financial advisor, you have to get your licenses and the company wants to be sure that you will past if they're going to spend that much time and money on you. So sometimes they use your GPA as a reference of many how well you might do. Also depending on which company you go into, you don't really need a finance degree.
In order to be successful in business, it's really important that you put in the effort in the beginning. It's really difficult to build your book of business in the first two years, but once you develop a system, it becomes easier.
As far as hours, like a mentioned, there's a LOT of effort required in the beginning. So you'll be expected to put in a lot of hours for the first two years. But as time goes on, the job gets easier. And yes, as a financial advisor, you pretty much set your schedule according to what you like and what works for you.
You friend makes it seem easy because he's already put in most of the hard work and at the point where things become easier. If you're really interested in becoming a financial advisor, talk to your friend about it and find out more about the company he works with. Keep in mind, each company is different. So just do your research and see what you'll find.
Hope that helps and good luck with everything.
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Ok. I live in New Jersey. I have a full time job that is smooth, and I go to school part time. On the weekends I had a part time also. But I want to get into something else part time. And I'm not really willing to leave my regualar job.....yet. lol. I know the market is down, and who knows when it will pick up. I live in North East Jersey, and a co-worker gave me a brochure for a list of schools. I can get my training in 5 weeks and be done by August. My question is, will it be worth it? I know of a couple of people who've done it and are sooo sooo good at it and yea,....they have MONEY. lol. I want to make money on the side. My financial advisor suggested selling insurance, but I dont know about that. He said the market is saturated with Real Estate people so I don't know. Some say go for it, others say don't. I just need to make some extra money. More than what my part time job offers. And my degree is still a few years away. I mean something for now. Please help. Thanks =)
one option for real estate, isn't being a real estate agent, but dealing with the foreclosures or pre foreclosures. It's a big business right now, buying, selling, re-assingning, that nature. Many are no money down or no money out of your own pocket, you just do the "leg work" for the investors. Go to www.deangraziosi.com and enter the forums, you will see all the people that are currently involved in this market and see the types of deals they are doing and the methods they use
im a junior.
african american woman.
-I attend an urban public high school in new jersey
-my gpa (as of the end of my sophomore year) is a 4.157
-i took a proctored SAT diagnostic test and received a 1850 (<--this was without a whole lot of studying..so i should get higher when i take the real thing)
-I am in 3 APs right now--i will only take 2 AP tests at the end of the year however before applying.
During my senior year, i will take another 3 APs.
extra-curriculars:
I am the student representative to the board of education
I am a county director for a student political organization
I was Vice President of my class last year
I played varsity soccer
I am the financial advisor for a small family-friend operated organization
I am a member of the National Honor Society
I am secretary of the French Club
I am a writer for the school newspaper
I havent taken any subject tests yet but i plan to.
During the summer I will either do a precollege program at NYU or do a thing called LEAD at Wharton in PA.
I am good for either NYU or Georgetown?
ooh and if it counts for anything...I took a history course (western civ.) at a local community college for 3 college credits.
If you can raise your SAT to about a 2000 and have an unweighted GPA of at least a 3.5/3.6 (3.7 would be better) I would say you will most likely get in to both schools.
Good Luck!
Here's the scenario: I have an option of three colleges to go to, less than four months to make a decision, I do have a student adviser in high school but she is inaccessible at the moment, and I'm basically going insane because this is so stressful.
I'm 17, I go to a private catholic school (I am on financial aid, so no I'm not rich), college is coming very fast, I live in New Jersey, I'm in a tough spot, and I'm very stressed out.
Here are the colleges, from cheapest to most expensive: Kean University, Rutgers University (Newark Campus), and Seton Hall University. As it is plainly obvious, Rutgers is perhaps my best bet as it is not too costly, basically average for me. I do not wish to take up any loans as it seems stupid to be in debt after coming out of college and having to pay bills, that is why I am pushing more toward Kean University, it is cheapest and I can still receive a decent education but only at the cost of the way it looks on a job application. If I go to Seton Hall I will be provided with one of the best educations in the state but at the cost of incurring a huge debt after said education is completed, and even with financial aid, given my financial situation I do not wish to walk that path. Rutgers can provide both a good education at a decent fee but right now my application is in limbo until the weekend. Thus far I have been accepted to Kean and Seton Hall and I am sure Rutgers will follow suit, but if not I am in a tough spot. If it matters my SAT scores were 1550, my overall average is 79.8% so I'm guessing a 2.9 GPA, I am 36 in my class out of 70, and I am able. I need a form of one on one assistance however. I am a rational thinker so I refuse to sacrifice education at the cost of monetary concerns but at the same time I refuse to sacrifice monetary stability in order to receive an education, this is where my choice in Rutgers lies. If anyone out there can understand what I am going through and offer me any kind of support please do; when the real world hits you in the face it is as if hell has risen up in the depths of your soul. I thank you for reading, and await any help provided.
dang guy you talk very professional for a 17 year old. i myself am 18 and i was in the same boat as financially as well. i did take the time to read your problem, i think somewhere in there that i saw you didnt want to take the financial aid route? why man, its free money you never see nor anyone esle. what would you rather have an education and not paying for some of it, or an education then worrying about it after like you mentioned?
i had all my plans set out and they all got interrupted and changed in one night. dont let it, be for sure where you want to go, and go where the $$$$ is! depending on your major, go where the money is for your basics (engl, math, sci) stuff like that, get it done and over with at somewhere cheap and virtually paid for, and if needed transfer to rutger, as u mentioned from there it will be a good education and pretty cost effective.
play your cards well, im a biology major at my current college, but im wanting to be a Registered Nurse (BSN) im getting all my pre reqs at a D3 college then transfering...almost all on scholarships.
so be smart you sound very determined, do wut ur heart says is right! :-)
Recently, we learned that Rangel filed a grossly misleading financial-disclosure report for 2007 -- failing to report at least $500,000 in assets.
It turns out Rangel had a credit-union account worth at least $250,000 and maybe as much as $500,000 -- and didn't report it. He had investment accounts worth about the same, which he also didn't report. Ditto for three pieces of property in New Jersey.
Beyond that, we've learned that Rangel has failed to report assets totaling more than $1 million on legally required financial-disclosure forms going back to at least 2001.
The news comes on top of revelations last year that Rangel didn't report -- and didn't pay taxes on -- income from a villa in the Caribbean. In that matter, the IRS gave him sweetheart treatment; Rangel paid about $10,000 in back taxes but was not required to pay any penalty or interest.
http://www.pottsmerc.com/articles/2009/0 9/16/opinion/srv0000006401949.txt
Oh I forgot, its "okay" Charlie is a Democrat,and is black, so it would be "racist" or be a "hater" to investigate a tax fraud that is in Obama's corrupt cabinet and corrupt advisers and its "okay" because Turbo Tax Timmy Geithner did it also.
Liberals before you answer this, if you do, please don't embarass yourselves with answers that reflect your mentality with the "what about the other guy" routine.
Rangel has the good on 0bama you can bank on that anything else he kills in committee^
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