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re: Currently laid off from oilfield related job, time to move?

Posted on 5/8/20 at 11:26 pm to
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 5/8/20 at 11:26 pm to
Yes
Posted by euphemus
Member since Mar 2014
560 posts
Posted on 5/8/20 at 11:49 pm to
quote:

I appreciate it and I've just about convinced myself to make the move. I really know nothing about the area but if you wouldn't mind answering a question every now and then that would be a big help. My email is dukemonstersearch@gmail.com. Thank you for the help.

I just emailed you. Happy to answer any questions that you have.
Posted by crazyLSUfan
LA (Lower Alabama)
Member since Aug 2006
6698 posts
Posted on 5/9/20 at 12:02 am to
Can you do new job remotely? I think many employers/employees are finding that to be possible in this situation and I’m sure you being single no kids you’d have no reason you couldn’t match productivity WFH long term.
Posted by DaBike
Member since Jan 2008
10297 posts
Posted on 5/9/20 at 10:32 am to
quote:

and $0 is enough to live in Louisiana?

I cannot believe the advice in this thread. Do you guys not see that the job market is going to be rough for a while?
O&G background and no family make this a no brainer really.


There are job opportunities in other markets with a better cost of living.
Posted by thermal9221
Youngsville
Member since Feb 2005
14569 posts
Posted on 5/9/20 at 11:20 am to
Move man. Can always come back.
If you can sell the house do it. Renting will leave you on the hook if no one rents and you still owe $$ on mortgage.
Posted by AUCE05
Member since Dec 2009
44636 posts
Posted on 5/9/20 at 11:33 am to
I am mid career. Engineering degree/MBA. Have the itch for moving to northern California. My anxiety is around my three kids. Did you have yours while living out there?
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
45069 posts
Posted on 5/9/20 at 11:37 am to
quote:

You could easily save 40-50k if you live a moderate life style


No chance. City and state taxes will be around 35%. That leaves OP with $85k. Let's say he spends $2,500 per month just on housing. He is now down to $4,500 per month take home. Then you've got food, insurance, student loans, car payment, extraneous spending. He won't be starving, but he sure as shite aint saving $40-50k
This post was edited on 5/9/20 at 11:38 am
Posted by DaBike
Member since Jan 2008
10297 posts
Posted on 5/9/20 at 2:11 pm to
quote:

No chance. City and state taxes will be around 35%. That leaves OP with $85k. Let's say he spends $2,500 per month just on housing. He is now down to $4,500 per month take home. Then you've got food, insurance, student loans, car payment, extraneous spending. He won't be starving, but he sure as shite aint saving $40-50k This post was edited on 5/9 at 11:38 am


This is why I would look for opportunities in other in other states.
Posted by lsu xman
Member since Oct 2006
16671 posts
Posted on 5/9/20 at 2:20 pm to
Take it without thinking twice. It could be a great job or can open doors to other opportunities.
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27879 posts
Posted on 5/9/20 at 3:09 pm to
I’m not in California but COL is very high where I live. It will be an adjustment for sure because you’ll be going from a home to an apartment or condo, but don’t listen to these idiots saying it’s not doable.
Posted by Sun God
Member since Jul 2009
49496 posts
Posted on 5/9/20 at 3:12 pm to
It’s definitely doable and I’d be doing everything I could to get away from O&G if you’re relatively young
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27879 posts
Posted on 5/9/20 at 3:15 pm to
Agreed. I’m just laughing at all of these responses from people who have no idea what they’re talking about acting like with $130k as a single man he’ll basically be living in a van down by the river.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
52883 posts
Posted on 5/9/20 at 3:16 pm to
quote:

It’s definitely doable and I’d be doing everything I could to get away from O&G if you’re relatively young

It's hard to argue that demand won't continue to decline over the next few decades with more electric vehicles etc.
Posted by Vlatket
Member since Oct 2016
7475 posts
Posted on 5/9/20 at 4:09 pm to
How you gonna tell me when I'm living in the motherfricking area. I was saving 35k on 100k when I first got there. You listing high end shite like apartments to justify your bullshite narrative when I'm paying $1625 in the Willow Glen area for a 1 one bedroom 500 sq ft apartment. Then you over here listing petty shite some recent graduate would have when the man already spent 15 years in the oilfield and is established. Total income tax is about 30%. His extra 30k is going to go a long way. How bout you stick to assessing cost of living for Opelousas LA instead of a place you could never make it in.
This post was edited on 5/9/20 at 4:11 pm
Posted by MLU
Member since Feb 2017
1685 posts
Posted on 5/9/20 at 4:11 pm to
Median income in San Jose is $85k for a family, so you should have no issues living off $130k no matter what people who have never lived in California say. Money and cost of living won't be the biggest adjustment. That will be the culture in the area.

California (or anywhere out west) is large and varied enough that anyone can find something they enjoy. North CA has quick access to beaches, mountains, vineyards and everything in between. If you enjoy the outdoors, it's a no brainer move. We missed the seafood, the festivals and being surrounded by Saints and LSU fans. We didn't miss the terrible politics, trashy people, devalued education, crime rate and humidity. On the whole, the vibe is less stressful, people seem to get along better and appreciate different cultures and are more open minded. There's a reason why it's expensive to live there and it's because it's such a desirable place to live. For us, the wide range of outdoor activities out west made it a more desirable place to live than Louisiana.

Rent out the house in Louisiana and give something different a chance. Worst case is you return to Louisiana in a year or two, but I bet you dont.
Posted by euphemus
Member since Mar 2014
560 posts
Posted on 5/11/20 at 1:42 am to
quote:

I am mid career. Engineering degree/MBA. Have the itch for moving to northern California. My anxiety is around my three kids. Did you have yours while living out there?

My kids are 4 and 2. We had them a few years after we moved out here. Both my wife and I are in our mid-late 30s now. Note that housing in good public school districts here are ridiculously expensive. You will certainly need two incomes/both spouses working (making $300K together at the minimum) to lead a relatively comfortable life style with owning a home with a yard in a good school district and having 3 kids.

Not sure what your wife does, but for you with an engineering degree + MBA, it shouldn't be too hard to find opportunities out here to make the type of money that I mentioned above, especially if you can get into one of the FAAMNGs, as they usually tend to pay more than other companies.

My recommendation to anyone trying the move out here is to rent for a couple of years to get the lay of the land and the opportunities and then decide for yourself if this is indeed the place for you long term.

Given your family situation, you certainly have to think hard before making the jump. For someone that's single like the other poster, its a no brainer to at least try it out for a few years with almost no downside. It is a great way to check out a new part of the country with great career opportunities that has quick access to unparalleled diversity of natural beauty - you have mountains/snow/Lake Tahoe 3.5 hours to the north east, Yosemite to east, beaches and surfing about an hour to the West along the pacific shoreline.
This post was edited on 5/11/20 at 2:02 am
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
38781 posts
Posted on 5/11/20 at 1:59 am to
quote:

Get a nice apartment which is guess runs $2500/month.
frick that nonsense
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
38781 posts
Posted on 5/11/20 at 2:05 am to
quote:

I also had a full time job when I was 14 and I've been working ever since. This is the longest I've ever gone without a job.

Full time job at 14? I'm sorry your parents hated you
Posted by Lima Whiskey
Member since Apr 2013
22594 posts
Posted on 5/11/20 at 2:17 am to
quote:

You will certainly need two incomes/both spouses working (making $300K together at the minimum) to lead a relatively comfortable life style with owning a home with a yard in a good school district and having 3 kids.


I don’t think I really understand the cost of living you’re dealing with.

Posted by Ponchy Tiger
Ponchatoula
Member since Aug 2004
48664 posts
Posted on 5/11/20 at 4:19 am to
It says here the average income in Silicon Valley is 140,000 a year LINK
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