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How to make 100k a year?

Posted on 11/6/19 at 1:54 pm
Posted by Groundscrew85
Member since Oct 2018
685 posts
Posted on 11/6/19 at 1:54 pm
Just looking for some advice. I’m stuck in a shitty job. I’m 32 years old. Make 50k a year. Have a degree in political science. The company I’m with has no room for advancement. I’m miserable. I love paycheck to paycheck. I just want a job with some room for advancement and growth. Scared I’m going to be like this forever. I go on job boards and don’t know where to begin. Any ideas on a career path? Going back to school is not an option because of my mortgage.
Posted by MrJimBeam
Member since Apr 2009
12457 posts
Posted on 11/6/19 at 2:08 pm to
What’s your degree? How long have you owned the house? Relationship status? There are ways to lower your monthly costs, but I imagine it depends on what you feel is worth changing in your life.
Posted by bayoubengals88
LA
Member since Sep 2007
19265 posts
Posted on 11/6/19 at 2:11 pm to
quote:

How to make 100k a year?


quote:

I’m stuck in a shitty job. I’m 32 years old. Make 50k a year.


Marry someone who also makes 50k a year.
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41912 posts
Posted on 11/6/19 at 2:19 pm to
I used to be in your shoes. I made between $24,000-$45,000 working full time from the time I got out of LSU with a fricking humanities degree until this year when I decided to FINALLY take a leap of faith while holding my nose and went out on my own. I am in the financial services industry and always worked for someone else, juggling my schedule around their mandated schedule, getting sick often from stress and burn out. I went from job to job thinking something was wrong with me. Once I went out on my own and started working for myself my stress level is much lower, I don't think burn out is even possible at this point, and as long as I continue on the pace I've been at I'm on track to gross $120,000-$140,000 a year. I also work half as much as I did before.


Maybe you just need to start something yourself instead of continuing to fund someone else's lifestyle.
Posted by bayoubengals88
LA
Member since Sep 2007
19265 posts
Posted on 11/6/19 at 2:20 pm to
50k isn't bad for a poli sci degree that's not a PhD.

Do you have an income problem or a spending problem?

1. If your mortgage is upwards of 1,050 you bought too much house.
2. Do you have a car note?
3. Do you have credit card debt?
4. Do you have student loans?

These factors will severely limit wealth building and cause you to live paycheck to paycheck.
Many are surprised when a higher income doesn't solve their financial problems.


ETA: with a $1,400 mortgage you're spending at least 40% of your net pay on housing. That's simply too much.
This post was edited on 11/6/19 at 2:23 pm
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89798 posts
Posted on 11/6/19 at 2:37 pm to
quote:

Have a degree in political science.


You need either a side hustle or get into sales.

And sales is something you're born to.

You can try to go slow with something like real estate, but this may require a significant lifestyle adjustment.

Good luck.
Posted by Groundscrew85
Member since Oct 2018
685 posts
Posted on 11/6/19 at 2:44 pm to
I could shoot myself for getting a poli sci degree. I had a scholarship and a prime opportunity to take advantage of a good education.
Posted by Groundscrew85
Member since Oct 2018
685 posts
Posted on 11/6/19 at 2:55 pm to
Thank you all for your solid advice. I’m going to keep trying just getting frustrated with the job search.
Posted by notsince98
KC, MO
Member since Oct 2012
18157 posts
Posted on 11/6/19 at 3:01 pm to
quote:

Have a degree in political science.


Based on this I would guess the easiest way would be to move to California.
Posted by GEAUXT
Member since Nov 2007
29333 posts
Posted on 11/6/19 at 3:11 pm to
quote:

How to make 100k a year?


Don't get a

quote:

degree in political science
Posted by lnomm34
Louisiana
Member since Oct 2009
12640 posts
Posted on 11/6/19 at 3:55 pm to
quote:

How to make 100k a year?



Step 1: Don't have a shite degree.

quote:

Have a degree in political science.


Welp. You're fricked.
Posted by ellesssuuu
Baton Rouge
Member since Mar 2016
2826 posts
Posted on 11/6/19 at 4:05 pm to
If you can’t get into sales you may want to look into working in a plant. Those operators make good $$$
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
66521 posts
Posted on 11/6/19 at 4:17 pm to
industrial construction
Posted by dandan
Member since Nov 2007
4365 posts
Posted on 11/6/19 at 4:22 pm to
Ever considered your own business? Plenty of plumbers, welders, tradesman make a good big.
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 11/6/19 at 4:35 pm to
Tough love here: sell the damn house. You bought too much house for your present income, and now you’re unhappy with your pay cause you’re spending too much on that mortgage. You know that an advanced degree or training in a new field will boost your income, but you say it’s not an option because you’ve got to pay that mortgage. See the theme here?

You’ve decided to pin your frustrations on your poli sci degree, when the problem is that you’re in a dead end job by choice. You choose to go there everyday. Choose to do something else. You could land a job teaching and get an alternative certification leading to an MA/MEd in 24 months....but NOOO, you’ve got that big fat mortgage. The poli sci degree and mortgage are excuses that allow you to feel frustrated and give you permission not to do anything about it.

What have you done/are you doing, right now, to improve your skill set? What’s your side hustle? Why are you worth $100k to an employer? Get off your couch in your too expensive house and do SOMEthing—learn to code, become a youth sports official, teach piano or guitar, do small job home repairs, study to be building inspector or real estate appraiser....

In short, do something with your free time that makes you more marketable. I like the appraiser/inspector angles, personally. They’re related to your construction world experience and you can work your contacts in that arena.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167886 posts
Posted on 11/6/19 at 5:41 pm to
Single? Willing to travel?

Chase storms as an insurance adjuster.

Posted by Upperdecker
St. George, LA
Member since Nov 2014
30676 posts
Posted on 11/6/19 at 6:18 pm to
Work your way up at Chick Fil A

Be a plant baw

Invent something marketable
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 11/6/19 at 6:53 pm to
Construction. Work overtime. I know guys who are 25 with no college degree sitting in A/C’d excavators making easy 6 figures.
Posted by Groundscrew85
Member since Oct 2018
685 posts
Posted on 11/6/19 at 9:51 pm to
Just want to thank everyone for their input and advice. The responses have been truly awesome. I was a little hesitant coming on here and asking such a direct lazy question.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 11/7/19 at 7:57 am to
Sales.
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