Make a plan and execute. You won’t go from 50k to 100k overnight and you won’t get there just hoping you will.

Another thing to note to is that $100k is in the 88th percentile of median income for 32 year olds. I only say that to point out that because it may seem like everyone is pulling in $100k a year, but that’s not necessarily the reality.

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Posted by hungryone

river parishes

Member since Sep 2010

11987 posts

Posted on 11/7/19 at 8:17 am to southernelite

quote:
Another thing to note to is that $100k is in the 88th percentile of median income for 32 year olds. I only say that to point out that because it may seem like everyone is pulling in $100k a year, but that’s not necessarily the reality.

Excellent point. Also consider, do you want to put in the hours necessary to get to $100k? Most ppl in that income bracket without advanced degrees or specialty credentials are spending more than 40 hrs a week working. Would you rather have money or time?

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Posted by TDsngumbo

Alpha Silverfox

Member since Oct 2011

41714 posts

Posted on 11/7/19 at 8:39 am to southernelite

quote:
Another thing to note to is that $100k is in the 88th percentile of median income for 32 year olds. I only say that to point out that because it may seem like everyone is pulling in $100k a year, but that’s not necessarily the reality.

This is true. $100k is a lot of money for anyone but especially a 32 year old. Also, folks who make that aren’t necessarily taking home as much as you’d think. Working for myself, I’m responsible for tons of taxes. If I make $125,000 a year, I’m only bringing in $62,000 a year after expenses, write-offs, and taxes. Point is making $100,000 is not necessarily doing better than most.

This post was edited on 11/7/19 at 8:40 am

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