Sign up  |  Log in

Friends and family don't get it...

In the process of preparing for the upcoming exam, it has been necessary for many months now to withdraw a great deal from family and friends. Bless their hearts for being my family and friends, but they will almost always underestimate the sheer difficulty (and sacrifice) involved. Their attitude is generally, “Ah…you’re worrying too much.” I just want to smack them six ways from Sunday whenever they give me that attitude. I take some offense as to how how little they respect the caliber of the examination. Anyone else going through this?

A clear and personalized study plan is here! Schweser's upgraded content and redesigned study platform are exactly what you need to pass the Level I exam. Save 10% when you preorder a Premium Package for a limited time.

Dude, you’re worrying too much.

They think it’s like the SAT or something. Just remind them what the failure rate is (almost 70% for L1, getting down to about 50% at L3). That usually helps people gain some perspective.

You want a quote?  Haven’t I written enough already???

get some new friends.

Gordon Gekko said it best:

“”No feelings. You don’t win them all, you don’t love them all. You keep on fighting and if you need a friend, get a dog.”“

I got a dog.

and then if you keep passing they think you were overreacting all along!! Can’t win.

Oh well, 30 days or so and it will be all over more or less, save for the worrying and the freaks who come on here trying to reconstruct the entire exam from memory collectively. Why people don’t have better things to do post-CFA is beyond me.

CFA_Halifax Wrote:
——————————————————-
> and then if you keep passing they think you were
> overreacting all along!! Can’t win.
>
> Oh well, 30 days or so and it will be all over
> more or less, save for the worrying and the freaks
> who come on here trying to reconstruct the entire
> exam from memory collectively. Why people don’t
> have better things to do post-CFA is beyond me.

Dude, are you kidding?! I love the post-mortem!

All you’ve got to do is drop the study books in front of them and tell them you’ve got to remember all this stuff for a 6-hour exam. I have a buddy who is taking Level I for the first time in June and he said he has a newfound respect for me b/c he had no idea how much work was involved. Non-CFAers just don’t get it until they start leafing through your exam books and see really how much there is to it

JRH Wrote:
——————————————————-
> All you’ve got to do is drop the study books in
> front of them and tell them you’ve got to remember
> all this stuff for a 6-hour exam. I have a buddy
> who is taking Level I for the first time in June
> and he said he has a newfound respect for me b/c
> he had no idea how much work was involved.
> Non-CFAers just don’t get it until they start
> leafing through your exam books and see really how
> much there is to it

my friends didn’t understand until they saw my stack of books (CFAI and Schweser). they asked how much of that do i have to read? all i could say is, “all of it will be tested.” that got them off my back for a while

There’s always a disconnect with anything that takes a lot of sacrifice. No one will completely understand how much work it takes and nor should they.

My folks were the best at applying pressure. After I cleared the first two levels, my mom would hit me with “Level 3 of that certified financial analyst testis the easiest one, you should do fine”. Firstly, my folks wouldn’t even know where to sign up for the CFA. Secondly, “Certified Financial Analyst”? Are you freaken kidding me. CERTIFIED. Argh! Even today, three years after getting the dam thing those comments still piss me off.

Willy

“I got a dog.”

I have one and I feel really guilty about not taking him to the park as much as I should… feel like a bad parent bribing him with marrow bones to chew on so I can study w/out him climbing all over me for attention.

Me: I can’t go out this weekend. I have too much studying.
Friend: Can’t you do it next weekend?
Me: AAAAGGHHHH!!!!!!

I just tell them this statement.

CFA - It’s not just an exam, it’s a way of life.

"Ask me how to clean the Shewee"

Or…”Oh yeah, why don’t you sign up for it mom/dad and waste 250+ hours of your spring and early summer”.

Willy

1. Danny when is your exam?
2. Are you taking the GMAT or the CFA?
3. When are you gettin fired?

WillyR Wrote:
——————————————————-
> My folks were the best at applying pressure. After
> I cleared the first two levels, my mom would hit
> me with “Level 3 of that certified financial
> analyst testis the easiest one, you should do
> fine”. Firstly, my folks wouldn’t even know where
> to sign up for the CFA. Secondly, “Certified
> Financial Analyst”? Are you freaken kidding me.
> CERTIFIED. Argh! Even today, three years after
> getting the dam thing those comments still piss me
> off.
>
> Willy

You got served!

pacmandefense Wrote:
——————————————————-
> 1. Danny when is your exam?
> 2. Are you taking the GMAT or the CFA?
> 3. When are you gettin fired?

Nothing will ever beat the classic comparison to the Series 7/CSC etc.

I have no friends and family…it’s just easier.

8 year old son: Mom, you’ve taken a lot of tests during your life, right?

Wife: I have. California Bar. Washington State Bar

Son: How did you do?

Wife: I was fortunate to pass both on my first try?

Son (referring to Dad who has already failed level 2 and is going again): Then why don’t YOU take Dad’s test?

you guys take offense because people don’t intuitively grasp how difficult the exam is? grow some thicker skin people. how the crap should they know how hard it is?

Anyway, anytime somebody shows an interest in how hard the CFA exam is, here’s what I say:
(1) Everyone taking level 3 is both smart enough and dedicated enough to pass the first two exams, probably having spent hundreds of hours on material in the curriculum. They all make a living based on their knowledge of some aspect of the capital markets. Almost all of them will spend over 100 hours studying over 1000 pages of material for the exam. Most of those people will fail the exam.
(2) If you assume 30% pass level 1 on their first try, 40% level two, and 50% level 3, that means only about 6% of the people that sign up for L1 pass all three exams on their first try.

How long have you been withdrawing? Some people go a little over the top with these exams. I mean, did you say you couldn’t have dinner with them in January? If so, you may need to loosen up. If they really don’t have any respect for you and the time commitment, then I sympathize.

My mother-in-law decided to spend the night at our place the night before the exam. I was not pleased and I was too nice to say no. I think she even referred to it as “that test” of mine. Of course, she ended up saving me when she noticed at 8:30am on test day that I had left my exam ticket on the kitchen counter - close call.

Seriously, there is no way the exams should take over your life. If you study for 8-10 hours on Saturday, why not go out for a few pops with your friends Saturday night?

After studying for 5 hours Sunday morning, I went golfing in the aft and reviewed a bit more that night…didn’t even talk about the exam while on the course…

Granted, I’ll probably fail and blame it all on that round…

cfa2grunt Wrote:
——————————————————-
> How long have you been withdrawing? Some people
> go a little over the top with these exams. I
> mean, did you say you couldn’t have dinner with
> them in January? If so, you may need to loosen
> up. If they really don’t have any respect for you
> and the time commitment, then I sympathize.
>
> My mother-in-law decided to spend the night at our
> place the night before the exam. I was not
> pleased and I was too nice to say no. I think she
> even referred to it as “that test” of mine. Of
> course, she ended up saving me when she noticed at
> 8:30am on test day that I had left my exam ticket
> on the kitchen counter - close call.

Karma…

Everything depends on the priorities. For me CFA is just a designation + helpful knowledge, family is way more important.

Turkish Wrote:
——————————————————-
> Seriously, there is no way the exams should take
> over your life. If you study for 8-10 hours on
> Saturday, why not go out for a few pops with your
> friends Saturday night?
>

Because a few pops become a dozen pops, and next thing I know it’s 4am and I end up waking up at 1 PM the next day, basically wasting half the day. it’s the second round effects (the next day) that hurts the most time wise, not the original day.

Inducted into the AF Hall of Fame, class of ‘17

A dozen pops are awesome…I agree.

I was a college tennis player/part-time juniors tennis coach with a full course load during undergrad and wanted to get a 4.0 to assist in my mba endeavours, so I was naturally a keener. My old friends saw my stack of schweser/cfa curric. and knew that I was back to my old keener ways…..Its the post undergrad buddies that don’t get it. I told one of them that I have a month left and I’m stressed. He said, “Dude, I’m a last minute kinda guy. I’d probably take the last week off from work and go hard and pass with flying colours” I wanted to slap the guy!

those comments are probably just off-the-cuff remarks. no need to take it personally. anyway, you can always make it up to them after the exams… no offense but i really don’t see what all this fuss is about.

maratikus Wrote:
——————————————————-
> Everything depends on the priorities. For me CFA
> is just a designation + helpful knowledge, family
> is way more important.

I can’t beleive the discipline of people who can get up at like 7 or 8 and start studying in the mornings on weekend. I’m a noon hour starter, I like sleep and making a nice breakfast on weekends.