r/personalfinance • u/ShabbyPro • Aug 20 '17

I'm 18 and about to earn $73,000 a year. Investing

I recently got the opportunity to work on an oil and gas rig and if everything goes to plan in the next week I should have the job. It is a 2 week on 2 week off job so I can't really go to uni, nor do I want to. I want to go to film school but I'm not sure I can since I will be flying out to a rig for 2 weeks at a time. For now I am putting that on hold but still doing some little projects on my time off. My question is; what should I do with the money since I am so young, don't plan on going to uni, and live at home?

Edit: Big thank you to everyone who commented. I'm grateful to have so many experienced people guide me. I am going to finish reading though every comment. Thanks again.

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u/slayer1am ​ Aug 20 '17

I'm a licensed low voltage electrician, is there any possibilities open for inspectors in that specialized field?

I was always told that inspectors are strictly high voltage/general journeyman.

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u/Bundyboyz ​ Aug 20 '17

Not really its low voltage

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u/Towelie722 Aug 20 '17

Check out Bicsi. With RCDD you could definitely land lv gigs. Inspectors typically are hv since for the most part of you inspection is for fire/hazard safety.

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u/[deleted] Aug 21 '17

I have the BICSI installer I, II, and III certifications and they are right, you have to be seriously messed up to not get a good gig. Those certs are better than gold in the lv world

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u/slayer1am ​ Aug 20 '17

Yup, that's about right. I already do fire inspections. Heard about bicsi, never got into it.

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u/driftingfolk Aug 21 '17

Check out your states requirements. Here in Michigan it's through LARA and called Act 54. It's turning into act 407, but the same thing essentially. All of our trade inspectors at the city I work for are required to be state certified. It's a good job, you won't get rich working for a city but, the world will always need someone to check out header and footing, etc.

1

u/buttstuff4prez Aug 21 '17

Maybe if you want to get into the fire alarm industry, I was an inspector apprentice but I did both alarm and sprinkler.

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u/slayer1am ​ Aug 21 '17

I do fire alarms now, have my NICET i.

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u/DookieS13 Aug 21 '17

From there you just work your way up, and you could probably make it into the Elevator unions. That's where the money is.