Year 12s: what will be the first way you research your future options? >>

What would you rather have? 500k or a 70k job of your choosing.

So you've got a choice,

£500k cash tax-free into your bank account

- or -

A job of your choosing in whichever company or organisation you want but your gross salary is 70k first year and capped to 100k for 3 years.

(edited 8 years ago)

Scroll to see replies

Reply 1

Awesome Genius

Id go for the money tbh.

Reply 2

Andrew657Thomas

500k for doing what? If it was something bearable I would do that. + depends on how much time I would have off :smile:

Reply 3

an_atheist

500k now, just because you get more on balance, and you can do more with a lump sum than with the same amount spread over a 3 year period.
Investments come to mind as to what I'd do with it.

Reply 4

scrotgrot

Yeah money definitely. Apart from all the benefits of getting a lump sum today rather than a drip-feed over time, if I really wanted the £70k job that badly I could simply use the money to get the relevant qualifications and experience, or even set up a business which pretty much is me doing the job except I own it and therefore get control over all the money.

Reply 5

Bill_Gates

500k obviously - worst question asked on TSR ever!!

Reply 6

Bill_Gates

Original post by scrotgrot

exactly!

Reply 7

K.C

70k

whatever career i pick would be fun and i don't really care about money that much

Reply 8

Awesome Genius

What about getting an analyst job at a value investing mega fund?

Reply 9

toonervoustotalk

70k job
In 8 years i will be earning more than the 500k tax free :tongue:

Reply 10

zippity.doodah

definitely £70k to have a happy job
I'm not going to accept a £500k job to be miserable for the rest of my life
money can mitigate misery but it doesn't prevent it

(edited 8 years ago)

500k

Original post by Awesome Genius

What about getting an analyst job at a value investing mega fund?

No because you said the job is £70k, I assume forever

Reply 13

Awesome Genius

Original post by scrotgrot

No because you said the job is £70k, I assume forever

Nah in my original post I said capped at 70k first year, 100k third year. Then whatever you're worth :smile:

Reply 14

JANOS SLYNT

take the cash go travelling and invest some of it in a mutual fund i mean come on do most of you want to be trapped in an office for the rest of your life