[hmubeen]

Hi all,

I just have this dilemma right now. I took regulation twice and failed it with 71 and 74. I’m currently studying for FAR and OVER whelmed with the material. I do have a family with two kids and a full time job. So last night I was talking to my husband about quitting the job and just concentrate on studies. The only plus point of my job is that it’s not very stressful and doesn’t require any overtime.

I would like to know what you guys think I should do.

If I quit I might not find another job soon in current economy.

Thanks.

REG 11/15/10 74 (ouchee) FAR 2/23/11

[rschaf2]

I recently just began studying for FAR, which will be my first attempt at any of the portions. I had originally scheduled the exam for 2/26, but am planning on bumping it back to 4/2. Working all day allows for maybe a couple of hours a day of studying, so I just wasn’t absorbing the material. I decided to bump back to the next window to allow myself plenty of time to work the entire study course, do plenty of problems, and review everything.

I am sorry that you didn’t pass REG last year. I’m sure it’s very difficult to see a silver lining there, but if one does exist then perhaps it is that even if you do take longer than you anticipate to fully study FAR, you’ll have the full 18 months to study for the others. There won’t be the pressure of “I just wasted X months studying for one exam!” I don’t mean to pretend to understand what its like to study for this exam having children, as I’m sure that’s tough. I can only tell you what my thought process was… I thought about taking time off from work, but there are two things: 1) I like my job, and fear it wouldn’t be available when I returned, and 2) I doubt I could have afforded to. In my mind, the better option (at least initially) was to take longer to study for my first stab at the exam.

Sorry to make this seem like its all about me… I’m just tentative to come straight out and say what you should do, so I just tried to relate as best as I could.

Back at it.

FAR - 55, 72, 73, May 2016
AUD - 69, July 2016
REG - Late 2016
BEC - Late 2016

[WhyEvenTry]

I would not recommend quitting your job. You might need a little time to get away from the materials per day to let the info sink in AND to keep you sane. I would say, unless you are trying to get a 99 on all exams, keep your normal schedule with a few teaks. Lets be honest, all we need is that wonderful 75. If possible, you should talk with your husband to see what kind of help he can offer with the kids (dinner, school, play time, etc.) This will free up more time for you to study. I work full time, and have a baby on the way. What I do is wake up and get to work early so I can spend the first 1 – 1 1/2 at work studying. I also bring my lunch to work so I can take shorter lunch breaks so that I can use this time to study. I also study during coffee breaks, etc. I have talked with my employer and in periods of slow, down time, they have allowed me to review my studies during that window as well. And, I do stay up quit late to get some studying in after spending a little time with my wife in the evenings. It is a very hard, time consuming process. As I'm sure a lot would agree, If we thought the exams were going to be this diffucult, we probably would not have even tried. Now, with so much time invested in these exams, I have no other option than to pass. My scores weren't too far off, neither were yours. Keep motivated, find extra hours to study, and don't stop. It will not be easy, and many gallons of coffee will be used to get you though it. Good luck!

BEC - 71, 74, 77 (Feb - 2011)
FAR - 73, 78 (Feb - 2011)
REG - 83 (Nov 2010)
AUD - 71, 84 (May 2011) - Done!! CPA licensed in TX (July 2011)

[FARbehind]

When I studied for the exams I had thoughts about leaving my job frequently, maybe every 3 months. I would even tell my boss about my thoughts.:) Very bad idea. You are saying that your job is not very stressful and doesn't require overtime. So don't quit. I know it is hard even with an easy job but when this journey is finally over you'll be glad you didn't quit…

aud,bec,reg-passed
far-->75 Done!!!!!
ethics-100

[Author]

Replies