B.C. real estate project manager earning $165,000 worries about his lack of credentials
Hyram, a 36-year-old project manager in real estate development, earns $165,000 annually but lacks formal credentials in his field. He expresses concern about job security and the potential need to take a pay cut if he were to switch firms. Despite enjoying his work and living in Vancouver, he feels tied to his current position due to his qualifications.
- ▪Hyram has been working in real estate development for eight years and is a senior employee at his firm.
- ▪He has no formal credentials, which makes him anxious about his job security and future employment opportunities.
- ▪Hyram's monthly expenses include significant contributions to his savings and investments, as well as a comfortable lifestyle in Vancouver.
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Open this photo in gallery:iStockPhoto / Getty ImagesShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountName, age: Hyram, 36Annual income: $165,000 from salary and bonusesDebt: $0Savings: $5,002 in savings account, $157,967 in tax-free savings account (TFSA),$132,504 in registered retirement savings plan (RRSP), $38,568 in First Home Savings Account (FHSA), $17,893 in non-registered investment accountWhat he does: Project manager in real estate developmentWhere he lives: VancouverTop financial concern: “I don’t have any credentials in my field, so I am kind of tied to my job.”Hyram grew up in Edmonton and studied to be a high-school teacher but became quickly disillusioned with what he felt he could accomplish in that role.“It seemed like a big waste of…
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