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re: What do you do, and how much do you make?

Posted on 10/3/13 at 2:52 pm to
Posted by saderade
America's City
Member since Jul 2005
25723 posts
Posted on 10/3/13 at 2:52 pm to
quote:

have friends that likely make 2-3 times more money than I do and I don't think their lives are exponentially better than mine. I could argue the opposite, the big earners are knocking down 60 hours a week in some law firm...no thanks
My boss probably makes 6-8 times what I bring home but there is no way I would change lives with his. He is constantly stressed to the max, up all night, and work incredibly long hours for 10 years to get there. Not worth it imo.
Posted by I Love Bama
Alabama
Member since Nov 2007
37692 posts
Posted on 10/3/13 at 3:35 pm to
quote:

Scored a trailer and lot for $44,500. Getting $650/mo.



Currently getting into the trailer park biz. I'm pumped
Posted by econ85
Member since Nov 2012
572 posts
Posted on 10/3/13 at 3:36 pm to
quote:

ChE (4 years out of college) ~ $200K

Best part, though, is I'm living international so it's all tax free bitches


Either you're lying or you're not a US citizen. US citizens get taxed on income over $97k.
Posted by I Love Bama
Alabama
Member since Nov 2007
37692 posts
Posted on 10/3/13 at 3:44 pm to
Or even worse....he has no idea the tax bill headed his way.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/3/13 at 4:28 pm to
What I would do is buy land so I could farm and hunt early on in life aaa opposed to waiting til 62
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 10/3/13 at 4:30 pm to
quote:

urrently getting into the trailer park biz. I'm pumped


i did a trailer park deal, it was on the lake and old as hell, got everybody out cleared the whole thing, split into three big lots, built a sea wall. the neighbors around there love me.
Posted by Sigma_
Member since Jun 2013
46 posts
Posted on 10/3/13 at 4:54 pm to
Yeah, the income is good right now. But if I can keep it up for another 4-5 years my plan is to downsize the stress, commute, workload and of course income. The kids won't be young forever and I am itching to put my career on cruise control. Half of the income would be fine with me.
Posted by RandallFlagg
Member since Nov 2012
87 posts
Posted on 10/3/13 at 5:32 pm to
quote:

Why do you feel this way? I would like to make a little more money, but I am glad I don't feel inadequate.



Don't feel inadequate... until I read this thread. That was mostly a joke, I mean I don't make enough that I go buy a new car simply because I want it, but the bills are paid and I haven't worried about money in a long time, which is enough for me.
Posted by wpsnickers
Member since May 2004
2591 posts
Posted on 10/3/13 at 11:21 pm to
Getting an MBA at SMU -$50k a year
Posted by lynxcat
Member since Jan 2008
24120 posts
Posted on 10/4/13 at 1:22 am to
How do you like Cox? I might consider it if I get close to a full ride. It would be awesome to not have to move again.
Posted by Topisawtiger
Mississippi
Member since Oct 2012
3487 posts
Posted on 10/4/13 at 3:28 am to
quote:

Where do you travel I've done contracts in Bakersfield Ca and San Ramon Ca. My fiancee and I traveled for a year and then just took jobs out here to be more stable until we moved back home in a few years.


I travel all over, mostly out west though. Currently in Denver. I've worked in Bakersfield in the past. Where are you at now? I've thought about taking a f/t position again in the bay area. The pay there is ridiculous.

Sorry for the hijack.
Posted by SmackoverHawg
Member since Oct 2011
27318 posts
Posted on 10/4/13 at 8:36 am to
quote:

quote: have friends that likely make 2-3 times more money than I do and I don't think their lives are exponentially better than mine. I could argue the opposite, the big earners are knocking down 60 hours a week in some law firm...no thanks

There is some truth to this. A business or job can become a monster you have to keep feeding. I was happier when I made less but had much more time. What time and dollar amount is different for everyone. I was making about 350-400k and worked about 28hours/week. I could buy or do whatever I wanted but still had time to actually do it. I'm certainly not overworked now, but I feel drained all the time. It's hard to find that perfect balance and even harder to maintain it once you do.

Value your free time and spend less than you make. That's the secret.
Posted by theBeard
Member since Jul 2011
6739 posts
Posted on 10/4/13 at 8:45 am to
quote:

I was making about 350-400k and worked about 28hours/week.


you must be some kind of rare specialists for that kind of cash. Several MD's in the family and they would have to work much more then that to make $350 plus
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 10/4/13 at 8:46 am to
quote:

Currently getting into the trailer park biz. I'm pumped


Tell me more. My buddy and I have been talking about it. Are you building a new one or buying an existing?
Posted by JL
Member since Aug 2006
3035 posts
Posted on 10/4/13 at 8:49 am to
I do similar work overseas and my company covers all my taxes as a perk of working overseas. Lots of oil company do that for their employees. I have to pay US taxes but my company adjusts my pay to make sure at the end of the year all my taxes are covered so essentially i clear over $200k without having to send a check to the IRS at the end of the year.
Posted by SmackoverHawg
Member since Oct 2011
27318 posts
Posted on 10/4/13 at 8:49 am to
quote:

you must be some kind of rare specialists for that kind of cash. Several MD's in the family and they would have to work much more then that to make $350 plus


I know plenty of docs, FP's and specialist, that make that much. It depends on what and how many procedures you do and your overhead. Of course in rural areas, our overhead is MUCH lower.


ETA-all own their own practices and are not employed physicians.
This post was edited on 10/4/13 at 8:50 am
Posted by LSUengineer12
The Best Side
Member since Dec 2011
1850 posts
Posted on 10/4/13 at 8:51 am to
quote:

Currently getting into the trailer park biz. I'm pumped


Yeah I lucked up. Unless you develop the entire Park yourself, a lot of time someone else owns the lot, so you owe lot rent. My trailer is down a regular street in WBR so I was able to get the lot and the trailer. An uncle of mine owns a number of trailers in a trailer park. Fixes up old ones and charges like $750/mo. $$$$$
Posted by PropofoLSU
Irwin, Idaho
Member since Aug 2013
543 posts
Posted on 10/4/13 at 9:48 am to
CRNA: 180k
Nurse consultant:24k

Posted by SanFranTiger
Dallas, TX
Member since Sep 2003
4893 posts
Posted on 10/4/13 at 10:09 am to
quote:

Technical writer and editor: $113,000 What field?


Currently, Hardware/software for data center switching (cisco)

Previously: online ad tech, telecom, finance & analytics
Posted by econ85
Member since Nov 2012
572 posts
Posted on 10/4/13 at 10:14 am to
quote:

I do similar work overseas and my company covers all my taxes as a perk of working overseas. Lots of oil company do that for their employees. I have to pay US taxes but my company adjusts my pay to make sure at the end of the year all my taxes are covered so essentially i clear over $200k without having to send a check to the IRS at the end of the year.


I forgot O&G companies adjust for that.
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