Barbering is quite unique since you can complete training very quickly and earn a salary near that of a university graduate. And you will no doubt enjoy it more than an office job!
As a barber, you can expect:
- 3 months’ break-even point: A barber on average earns a monthly salary of £1,500 versus a training cost of £4,000.
- Training takes about 2 months.
- Good job security: Hair needs to be cut in all economic stages.
- Prospects to run your own barbershop within 5 years’ time.
- Earnings calculated at £18,000 per year or £1,500 per month on average as a barber salary in London (50 weeks x 6 days per week x £60 per day including tips). This does mean you’ll probably work one extra day per week on weekends.
A university graduate on average can expect:
- 20 months’ break-even point: The average university graduate earns a monthly salary of £1,800 versus tuition of £36,000 for four years of study.
- Training to take 4 years time.
- Uncertainty if your specific degree will be relevant to the job that you are applying for.
- More limited job security: A recession can lead to your job being terminated and difficulties ensuring you have the required skills for the next job.
- Prospects to run your own business will depend on your specific skill.
- Earnings of £21,700 per year found here — http://www.thecompleteuniversityguide.co.uk/careers/what-do-graduates-do/what-do-graduates-earn/