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re: 70,000 a year?

Posted on 2/10/15 at 7:00 am to
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 2/10/15 at 7:00 am to
What does the title of this thread have to do with the OP

I'm trying to figure it out



Eta: probably why it's anchored
This post was edited on 2/10/15 at 7:02 am
Posted by Fermat
Balboa Island CA
Member since Dec 2005
409 posts
Posted on 2/10/15 at 7:08 am to
160,000 base a year
96,000 a year after taxes, health premiums, 401(k) contributions plus those lovely Federal and California taxes.

48,000/yr after I pay alimony.



Posted by WylieTiger
Member since Nov 2006
12943 posts
Posted on 2/10/15 at 7:13 am to
Damn dude, the Man is holding you down.
Posted by Clark W Griswold
THE USA
Member since Sep 2012
10509 posts
Posted on 2/10/15 at 7:21 am to
i was making six figures by age 30. Some of my friends from college were among half of that with crappy jobs. That part made me feel good. I don't work any harder than I need to and I rarely work over 40 hours. But I'm good at my job and work efficiently. So my hourly rate is much higher than most who make what I do based on the hours alone and that's what is important to me. My family comes first.
Posted by recruitnik
Campus
Member since Jul 2012
1223 posts
Posted on 2/10/15 at 7:31 am to
I got drunk 3 times a week instead of 2.
Posted by Krypto
Denham Springs, LA
Member since Aug 2005
1476 posts
Posted on 2/10/15 at 7:45 am to
I'll likely never make 100k/yr. I'm self employed and would never pay myself that much. My family and I live fine off of 60k and I can stay home anytime I need to, make all of my sons ballgames, etc. Quality of life and ability to see my kids growup is much more important to me.
Posted by Cole Beer
Baton Rouge
Member since Aug 2008
4584 posts
Posted on 2/10/15 at 8:11 am to
"Mo money, mo problems"

It's so true
Posted by jg8623
Baton Rouge
Member since Aug 2010
13531 posts
Posted on 2/10/15 at 8:13 am to
quote:

I'm self employed


quote:

I can stay home anytime I need to, make all of my sons ballgames, etc.


How would making more money affect the time u spend with your family if you're self employed??? Am I missing something here?

Are you saying you would have to work a lot more hours in order to pay yourself 100k? Because it just sounded like you choose not to pay yourself that much just because you don't need it
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35527 posts
Posted on 2/10/15 at 8:18 am to
Yeah. I'm self employed also and did all of those things with my kids as well and make a hell of a lot more than $60k a year. Learn to work more effectively and efficiently and you can do both.
Posted by bayouvette
Raceland
Member since Oct 2005
4723 posts
Posted on 2/10/15 at 10:24 am to
you pretty much need 150k a year between you and your spouse to live comfortable with kids.

It might sound like a lot. But like someone said its nothing like it use to be.

It seemed like back in the day when I was at 50 i had more money.

it is nice to only work 40 hr weeks, with options of working from home and coming in late and leaving early to deal with kid stuff.

I know people that make around the 6 figure area but work 80+ hours and on the weekends and are pretty much always on call. Not something I could handle.
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