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re: Do you know anyone who makes over 100k and work 40 or less hours? With stat link

Posted on 8/12/15 at 6:33 pm to
Posted by L S Usetheforce
Member since Jun 2004
22756 posts
Posted on 8/12/15 at 6:33 pm to
I'm like Yellowfin, If i didn't have a family right now I'd spend way more money traveling, boozing, eating out......
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 8/12/15 at 6:36 pm to
quote:

I've never figured out how to do it cheap


Well its not cheap, but its the buying drinks that adds up IMHO. Even if you are drinking top shelf out of happy hour, you are probably spending less than $100/night. Even doing that 200 nights a year (yikes) is less than 20k.

eta: I don't really party that much anymore. If I do, I am doing drugs. And drugs (outside of coke) is so much cheaper than drinking at a club.
This post was edited on 8/12/15 at 6:46 pm
Posted by lsufanintexas
Member since Sep 2006
5010 posts
Posted on 8/12/15 at 7:31 pm to
I make above 200k and work maybe 20 hours a week, mostly from home. Sometimes it's more, sometimes it's less.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32420 posts
Posted on 8/12/15 at 7:36 pm to
quote:

yeah, I dont get it either. Neither family lives extravagantly. I just think they waste money. I do know one family doesn't look at prices when they grocery shop, which I am sure contributes to it. They also seem to finance a lot of stuff. One guy financed a computer. I was like - YOU MAKE ALMOST 100K a year and YOU FINANCE SOMETHING THAT COSTS $500. WTF?


I don't finance shite, but things do get tight at the end of the month. That is based mostly upon two things: 1. I get paid once a month, 2. I save a large portion of my income. So while I may act like I'm broke at the end of the month, it's only because I have put away so much money at the beginning of the month. Maybe they do that? Or maybe they are just terrible with money

ETA: I also know several people who work less than 40 hrs weekly and make more than 100k, it's hard to believe that only 8% of the population makes that.
This post was edited on 8/12/15 at 7:38 pm
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48934 posts
Posted on 8/12/15 at 7:56 pm to
8 percent sounds low
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 8/12/15 at 8:05 pm to
There a frick ton of broke people
Posted by BlueYoda
Member since Jul 2015
70 posts
Posted on 8/12/15 at 8:07 pm to
I work 80 hours a weeks and make 50k. Does that count?
Posted by Rust Cohle
Baton rouge
Member since Mar 2014
1944 posts
Posted on 8/12/15 at 8:15 pm to
200k for 20hrs, What do you do?
This post was edited on 8/12/15 at 8:17 pm
Posted by lsufanintexas
Member since Sep 2006
5010 posts
Posted on 8/12/15 at 8:17 pm to
Technology Sales
Posted by BlueYoda
Member since Jul 2015
70 posts
Posted on 8/12/15 at 8:26 pm to
quote:

I make above 200k and work maybe 20 hours a week, mostly from home. Sometimes it's more, sometimes it's less.


quote:

Technology Sales


quote:

I'm a Sales Engineer at a 3.5 year old "startup". I myself only started a month and a half ago with them and I've already lined up a sweeter gig than this one. The first week I was here I realized it was a shite show.


Is the 200k projected salary?
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 8/12/15 at 8:35 pm to
quote:

The only real difference is if I want to spend $500 on something I can do it without saving for months and just forgo some other want. That's about it really. I have no idea how people afford kids. I suppose not saving for retirement is how.


Well, you answered it without knowing. You stop buying shite for yourself!

Kids aren't all that expensive.
Posted by lsufanintexas
Member since Sep 2006
5010 posts
Posted on 8/12/15 at 8:38 pm to
Technology companies, especially startups, sales are pretty shaky so you can float between companies pretty quickly depending on how well your team is doing or if you realize the product doesn't have a viable market and won't sell well. Most lifespans at a company in my field is around 2 years.
This post was edited on 8/12/15 at 8:42 pm
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 8/12/15 at 8:39 pm to
(no message)
Posted by Omada
Member since Jun 2015
695 posts
Posted on 8/12/15 at 9:02 pm to
quote:

Do you know anyone who makes over 100k and work 40 or less hours?
Most likely, yes, but I seldom have talked pay with those people.

I'm hoping to get there soon, though. I'm 23, working my first full time job. I'm paid hourly, which is great since overtime is a requirement for the job. I'll usually work 45-55 hours, which puts me at $60-80k a year; $90k if I work 60 hour weeks. Those numbers are all pre-tax salary and don't include any benefits such as employer-paid: 401k contribution, $1000 HSA contribution, and life insurance. I'm hoping I can get promoted to make $100k+, but I'll still be working overtime.
Posted by CHiPs25
ATL
Member since Apr 2014
2895 posts
Posted on 8/12/15 at 9:28 pm to
It depends on your definition of "work". I make over $100k and i'm in National Account sales. A lot of my job is traveling so is traveling considered "work" or are you just talking about office time? For instance, today, I had a 6:05 flight from Pittsburgh to Denver and then played golf with a customer in Denver. Tomorrow, I have a meeting at 10am and then fly home. Next week i work from home and then go play 72 holes of golf with a customer at Firestone.
Posted by JoseVargasTX
Heath, TX
Member since Sep 2011
719 posts
Posted on 8/12/15 at 9:36 pm to
I made $130k as an employee doing the same thing I do now, but I own the company now and make $500,000.00 two and a half years in. I start my day at 6 am and here it is 9:30 pm and I'm still working. However, I can do what I want when I want and I am grooming people to do my daily job. If I can step away and make $400,000 and have someone else do all of the work, I'll do it in a heartbeat. My wife works for me and runs our HR department. My brother runs run of my offices/territories, my dad handles risk management, my college roommate is one of my sales/territory developers--I have 11 employees including myself generating $11,000,000 in revenue this year and I have known eight of them for most of my life. The key to success is hiring great, not good, but great people and giving them a chance to change their lives.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10229 posts
Posted on 8/12/15 at 9:48 pm to
quote:

The key to success is hiring great, not good, but great people and giving them a chance to change their lives.


Another gem. Two guys on here really need to have sticky's. The guy who talked about quality of life, and this quote right here.
Posted by BlueYoda
Member since Jul 2015
70 posts
Posted on 8/12/15 at 9:50 pm to
Thread starts out as who makes 100k for less than 40 hours of work... slowly degrades into a braggart thread on who makes the most money...
Posted by Gorilla Ball
Member since Feb 2006
11656 posts
Posted on 8/12/15 at 10:02 pm to
My wife everytime I get home she's playing freaking candy crush - want to throw that iPad threw the window
Posted by Jag_Warrior
Virginia
Member since May 2015
4084 posts
Posted on 8/12/15 at 10:02 pm to
quote:

There a frick ton of broke people


There are. But you can't go by salary and tell that. Look at the percentage of pro athletes and entertainers who wind up bankrupt. The financial game of life is as much about money management as money generation, at least once you pass a certain necessary minimum.

From the standpoint of income, net worth, education level and financial knowledge, this board is VERY atypical. I've only been here (including my days as a lurker) for a short time. But it's easy to forget that the overwhelming majority of the population of this country would look at this as some sort of elitist, alien place.
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