I have been looking into this recently myself. I like to travel also, experience new places, people, and likewise am a very hands-on person, a craftsman personality for sure. What you say about trying new things and risk also apply to me.
You need to go to flight school and get your certifications, clock your hours. It costs, according to my research thus far ~$20k. You also need to have a bachelor’s degree to be competitive. Many people, myself included, agree that pursuing a degree in a field not related to aviation is the best way to go as aviation is not a stable field to be in and this degree will provide you with a “Plan B”. I have a degree in mechanical engineering, which people have told me would make me a more competitive pilot candidate. Mechanical engineering is very broad, and you could get many different (well paying, professional) jobs with a BSME, yet what you learn is also relevant to aviation.
A lot of people join the military to learn to fly. This way, the government foots the bill for your training, and you can accumulate hours on the job. They require something like 7 years of commitment from you after training. The other alternative is to fund it yourself. I’ve found maybe one scholarship that I’d be eligible for. The best way to do it is to pay as you go, rather than pay everything up front. You could work part time on the side.
The job market is not good when the economy is down – no one is hiring right now. The field sounds very competitive. You have to work at a regional airlines before even considering a position at one of the majors. Starting pay is less than it costs to become qualified for the position. There can be hundreds of qualified applicants for a single pilot job, and only one will get the position. The others are forced to teach flying (which does not sound like fun to me at all) or rely on their “Plan B” until a new opportunity comes along – which could take years. After you get on a regional, it could take years after you’re qualified to actually get a job in the majors. There is just more pilot supply than there is demand. Everything in the commercial airline industry is done by seniority so it is important to get into the field as early as possible. This also causes a major drawback, unique to the airlines industry, in which whenever you start at a new company, you are placed at the bottom of the ladder regardless of experience. That’s why most pilots stick with their company for their entire career.
Another option is to become a corporate pilot or consider flying for USDA, NOAA, or something like that, or flying helicopters. I am currently looking for info on this.
The following sites have been very informative to me over the last few weeks:
http://www.airlinepilotcentral.com/
(they keep track of furloughs, hiring, and have other info)
http://www.airlinepilotforums.com
(lots of people have asked the questions you’re asking here)
http://forums.jetcareers.com/
(here is a forum that active pilots seem to frequent)
http://www.pbs.org/wgbh/pages/frontline/flyingcheap/view/?utm_campaign=viewpage&utm_medium=grid&utm_source=grid
(documentary about recent regional plane crash and what a pilot’s life is like – everything the pilots that are interviewed say about hours worked and salary are true according to my research thus far)
http://personalitycafe.com/istp-forum-mechanics/11427-istp-what-do-you-do-living-4.html#post259750
(some other ideas of what people like us can do for a living)
http://www.typologycentral.com/forums/sp-arthouse/26257-follow-up-istp-career-questions.html
(more discussion about careers and people like us – browse forum for more info)
For me it is hard to justify taking on massive debt for such a low starting wage in an industry that is so unstable when I have virtually no debt from the BSME degree and was making several times what starting pilots make working as an engineer. Still, I admit I haven’t been able to cross “pilot” off my list of potential new careers – it does sound like an interesting lifestyle and a fun job in many respects.