Madison MoneySports - Personal Finance Thread

[Tyler.M]

Honestly sounds like you are right on track.  Get any debt non-home related paid off ASAP. But it’s just like anything in life: moderation. We have a finite number of years in life; so enjoy.

Like everyone else; don’t compare yourself to others. People typically white lie about their own finances (just like their salary).

Again, congratulations on getting yourself on the right track!! It’s super hard and lots of people struggle; so you are doing it!

I appreciate that.  I've really only been on this track for a short time but it feels like forever, especially when I get into that "I WANT A CAR RIGHT NOW" mindset.  I also appreciate all the feedback you guys have given me, too. 

How do you guys go about increasing income? I'm on a 6 figure path (it varies with how much overtime I'm working but I'll be over 6 figures this year) which is good for living in Harrisonburg, but I'm sort of at the top end for what I can earn in what I do at my current level. I could grind out for 5 years and get promoted I guess (like a 15k bump) but I feel like my time would be better served elsewhere. I've tripled my income since graduating but my raises are starting to top out. I don't really have the time to do some passive income/side gig thing, either. I'm in production/warehousing/distribution management so I'm thinking a MBA would be a decent track since I have an English degree and no formal business training (and I can do that while I keep working). I'd also be interested in getting into a different industry as well like management for car/motorcycle manufacturing or industrial equipment, mainly just because it actually interests me. I work in food production now which is stable but not really my cup of tea. Just sort of where I landed.  

There are some professional certifications I'd like to get while I"m sort of in this limbo period like a PMP or a Six Sigma Belt and work should pay for some of that stuff.  Is there a good ROI on this sort of stuff or is this just like lighting money on fire?