@duffy44 I do not want to sound counter productive and discouraging to you. But I have a different opinion about your situation.
There are two reasons why we study more. One is we want to make a name for ourselves by becoming some expert in some field or some bigshot as an aspiration OR we want to earn more compensation. As a man, i did it to earn more.
And why do we want to earn more is because we have responsibilities, duties towards our current and future family, and our goals upto our retirement.
Your case is different. Believe me I envy your situation. You have opted not to marry of raise children. So, you are out of the biggest duty and responsibility of your life. Now, you are free and relaxed. The only goals for you are related to yourself and maybe your current family.
You are earning a decent salary for an old metro city. I am certain its a sustainable job where you can get periodic raises. So your salary will grow. Your expenses are low, your saving rate is high. If you continue this way, you maybe able to even FIRE by 45. Your parents are not totally dependent on you. You are staying with your family, taking care of each other, in your own country, you are spending money on gadgets once a year.
Why then would you want to leave a fulfilling life behind and go abroad to further study where you will be facing so many hardships and problems financially, physically, mentally, psychologically?
I know you might be thinking of others who are getting handsome packages and all. But its not always about how much more money you earn, it how much you are able to save and invest. After 40, all this earning and money starts to look lame and not meaningful for your personal self.
Think about what you have and what you actually want. Sometimes we are so blinded by our aspirations and ambitions, that we do not see what we are actually leaving behind.
We can check your FIRE status separately. But thats not important for you right now. So, think holistically and then make a decision. Its your life, only yours. Good luck for your future.
There are two reasons why we study more. One is we want to make a name for ourselves by becoming some expert in some field or some bigshot as an aspiration OR we want to earn more compensation. As a man, i did it to earn more.
And why do we want to earn more is because we have responsibilities, duties towards our current and future family, and our goals upto our retirement.
Your case is different. Believe me I envy your situation. You have opted not to marry of raise children. So, you are out of the biggest duty and responsibility of your life. Now, you are free and relaxed. The only goals for you are related to yourself and maybe your current family.
You are earning a decent salary for an old metro city. I am certain its a sustainable job where you can get periodic raises. So your salary will grow. Your expenses are low, your saving rate is high. If you continue this way, you maybe able to even FIRE by 45. Your parents are not totally dependent on you. You are staying with your family, taking care of each other, in your own country, you are spending money on gadgets once a year.
Why then would you want to leave a fulfilling life behind and go abroad to further study where you will be facing so many hardships and problems financially, physically, mentally, psychologically?
I know you might be thinking of others who are getting handsome packages and all. But its not always about how much more money you earn, it how much you are able to save and invest. After 40, all this earning and money starts to look lame and not meaningful for your personal self.
Think about what you have and what you actually want. Sometimes we are so blinded by our aspirations and ambitions, that we do not see what we are actually leaving behind.
We can check your FIRE status separately. But thats not important for you right now. So, think holistically and then make a decision. Its your life, only yours. Good luck for your future.