With the stock market hitting some bumps in recent days, we figure it’s a good time to talk about something that can beat almost any stock, mutual fund, real estate purchase or other financial investment – and that is an investment in yourself! Learning to fly provides amazing opportunities to challenge yourself in new ways, gain a new lifestyle and impress friends, families and business clients, among many other things. So, if you’re ready to reallocate assets into yourself, here are a few reasons why learning to fly is the best choice.
Learning to Fly is an Affordable Investment
When you compare the cost of financial investments, especially over time, you can see that learning to fly is pretty affordable in comparison. For example, we all know the risks that come with individual stocks, but even something like a safer mutual fund carries an average expense ratio of 0.5 percent that can add up to thousands of dollars, depending on how much you have invested. Other areas can affect your wallet too such as an early withdrawal from an Individual Retirement Account (IRA) prior to age 59.5, which is taxed with your gross income and an additional 10 percent penalty. That can get pretty pricey as you move up in age and salary brackets.
Obtaining your private pilot license, on the other hand, costs $9,000 – $15,000. Most schools will work with you to develop interest-free payment plans as well, so you don’t have to spend all of your cash up front. And, after all is said and done, you can’t put a price on self-improvement, particularly with something you’re passionate about.
Learning to Fly is an Investment in Your Professional Life
Learning to fly can also be a fantastic investment in your business or other parts of your professional life. As you soar to new heights, you’ll be challenged in ways you never have been before, teaching you things about yourself that you can apply at work. Not only does it sharpen your concentration, it provides you a sense of accomplishment once you’ve graduated flight school and your pilot license is in-hand.
Executives and business professionals who have a pilot license stand to benefit in a number of ways. Not only does flying a plane provide an escape from the hassles of work, you can skip the hassles of commercial flights and reach more remote locations so you never have to miss a business meeting. But that isn’t all, there are a lot more reasons why learning to fly can make your business more successful.
Learning to Fly is an Investment in Your Personal Life
If you want to travel, a pilot’s license lets you fly wherever you want to go. From picturesque golf courses to exotic beaches to snowy ski slopes, you can visit any far-off parts of the world you’ve never seen before. All it takes is the proper training and licensing and you can achieve the freedom you want. Other ways it benefits your personal life could be in ways you’ve never expected – reconnecting with your spouse by jaunting off on weekend trips, wowing your children with a view from 20,000 feet above the ground, and keeping your mind fresh and focused on something that challenges you every day. So, rather than spending money on other investments that can rise and fall with the economy, like stocks or real estate, learn to fly and gain a skill that never loses its value.
Invest For Success: Contact Inflight Pilot Training Today!
Inflight Pilot Training is the premier flight school in the Twin Cities. With a high student retention rate, impeccable safety record and team of committed certified flight instructors, we can set you up for success when it comes to learning to fly. We offer a personalized, results-oriented approach that will help you achieve the certification you want within your ideal timeframe. Get in touch with our team of flight instructors to find out more.
For additional information on Inflight training programs, contact us today or call (952) 698-3000.