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Posted on 1/22/14 at 10:07 am to yellowfin
quote:
My house was built in the 60s,
Same here. Maybe some people on here are strictly talking about their area and therein lies the problem. My house is worth around 235k and by no means is it a cookie cutter or shack. But there are different factors in all types of different locales. To make a blanket statement that you have to have a 300k house or it's shite/cookie cutter is just plain wrong.
Same thing applies to salary. 100k is more than enough for some and conversely not even close to enough for some depending on situation.
Posted on 1/22/14 at 10:08 am to yellowfin
quote:
how many post in here include "I was knocking down 100k at 25
A lot.
Posted on 1/22/14 at 10:08 am to LNCHBOX
quote:
Nice try though
I wasn't trying anything. If you lived as comfortable as you say, you wouldn't need to move in with your parents. Simple as that.
Posted on 1/22/14 at 10:08 am to bamaphan13
$250k
Posted on 1/22/14 at 10:09 am to HeadyMurphey
quote:
If you lived as comfortable as you say, you wouldn't need to move in with your parents. Simple as that.
Or we didn't feel like signing a lease while we knew we were looking for a house in NOLA after moving from BR. Another A for effort on trying jerk off.
Posted on 1/22/14 at 10:09 am to bamaphan13
quote:
10-15 yrs ago making it to six figures was the goal. Now in 2014 what is the new standard?
According to the inflation calculator that I just looked at it's $135,000.
Posted on 1/22/14 at 10:09 am to Goldrush25
to be fair, a $100k salary for a 25 year old engineer in O&G is not an absurd statement and is actually quite common
Posted on 1/22/14 at 10:10 am to HeadyMurphey
Why are you upset that someone has a family safety net?
Posted on 1/22/14 at 10:10 am to Salmon
quote:
to be fair, a $100k salary for a 25 year old engineer in O&G is not an absurd statement and is actually quite common
we must have a lot of those on the OT
Posted on 1/22/14 at 10:10 am to yellowfin
quote:
petroleum engineer?
Biological by education. O&G by trade.
Posted on 1/22/14 at 10:10 am to LNCHBOX
Sorry to upset you with reality. Continue Mr Know it all.
Posted on 1/22/14 at 10:11 am to Salmon
quote:
to be fair, a $100k salary for a 25 year old engineer in O&G is not an absurd statement and is actually quite common
It's also an incredibly small percent of the workforce too.
Posted on 1/22/14 at 10:11 am to Goldrush25
I was making 27k @ 25yrs old
Posted on 1/22/14 at 10:11 am to yellowfin
quote:
I live off of about 100k and do fine
Plus 1. I'm not sure I even want the next position. And that's with 4 kids and a stay-at-home wife.
Life is what you make of it.
Posted on 1/22/14 at 10:11 am to yellowfin
quote:
we must have a lot of those on the OT
We always do.
eta: You could raise the figure in the OP to $250K and you'd still have people lining up in here saying how they hit $250K @ 22yrs old.
This post was edited on 1/22/14 at 10:12 am
Posted on 1/22/14 at 10:11 am to seawolf06
I have no idea what fricking planet yall live in.
In 2000, I made around $85k and I lived quite well. I make a lot more now, but live off less. I live better than I did on the 85k. Its about two things
a) not having debt - debt service kills you
b) prioritize your spending - spend money where you like to, not on everything
My guess is if you were to look at inflation, it would probably be about $115-120k, if that. Tech costs have plummeted, but housing is up and so is food.
In 2000, I made around $85k and I lived quite well. I make a lot more now, but live off less. I live better than I did on the 85k. Its about two things
a) not having debt - debt service kills you
b) prioritize your spending - spend money where you like to, not on everything
My guess is if you were to look at inflation, it would probably be about $115-120k, if that. Tech costs have plummeted, but housing is up and so is food.
Posted on 1/22/14 at 10:11 am to yellowfin
family combined is like 110k. I feel like we dont struggle for money but I also feel like I dont have near the savings I should. Not sure how much my life would change if I boosted that up another 30k but there are also no children in the picture yet.
Posted on 1/22/14 at 10:11 am to Epic Cajun
quote:
According to the inflation calculator that I just looked at it's $135,000.
Problem is that salaries and wages have not kept up with inflation.
Posted on 1/22/14 at 10:12 am to NOX
Got you beat. 
This post was edited on 1/22/14 at 10:12 am
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