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re: How to make 100k a year?

Posted on 11/6/19 at 2:20 pm to
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 Groundscrew85
Member since Oct 2018
685 posts
Posted on 11/6/19 at 2:28 pm to
No student loans, credit card debt or car note.
Posted by HamCandy
Team Meat
Member since Dec 2008
896 posts
Posted on 11/6/19 at 2:29 pm to
What specifically are you doing at this construction company? How long have you worked there?

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