My confusing journey to picking a grad school

[Ideas]

No, I wasn't suggesting you need two masters degree. I thought you were suggesting you needed those just to get into a field. The MBA confused me as it has very little to do with education. One masters + a PhD should be more than sufficient. Heck, all you need is one masters to teach at some colleges. A lot of PhDs get their masters and teach while pursuing their PhD.

Well the Masters I'm planning to get, the M.Ed in ID is not going to be sufficient for teaching. Whereas the MBA alone would be, I would have lots of grad credits in Business and could teach business. However, even though it's faster, it's a detour from my goals so I'm not going to do that.

I feel like I might just get a cheap PhD that's not related to my goals. Or, I've been thinking, and maybe I will spend more on the PhD that aligns with my goals best.

Personally, I don't feel I could earn that much with just a Masters since I'm kind of stuck with only freelancing from home (and maybe adjuncting at CCs which does not pay that well, I could not handle more than 1 class per term, maybe 2). Not even sure I can earn that much if I spend lots on the best PhD, etc.