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re: Job situation. WWTOTD

Posted on 8/15/17 at 10:29 am to
Posted by poochie
Houma, la
Member since Apr 2007
6289 posts
Posted on 8/15/17 at 10:29 am to
quote:

140K is not balling in lafayette


Shut up
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
83940 posts
Posted on 8/15/17 at 10:30 am to
I'd move to the freaking Delta if it meant doubling my salary.
Posted by CHEDBALLZ
South Central LA
Member since Dec 2009
21934 posts
Posted on 8/15/17 at 10:37 am to
How old a Baw are you?


You realize Ville Platte has the Swamp Pop Museum?

Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 8/15/17 at 10:41 am to
quote:

I'd move to the freaking Delta if it meant doubling my salary.



yep, you should chase the money around early in your career, gives you more leverage as you move up the ladder, a lot harder to do when spouse/kids enter the equation
Posted by Hacker
19th Hole
Member since Jan 2009
3239 posts
Posted on 8/15/17 at 10:42 am to
It's the truth. If you are single then you can have a nice lifestyle but it's by no means balling. I'm 32, live in Lafayette, and make more than that and am no means balling.
Posted by poochie
Houma, la
Member since Apr 2007
6289 posts
Posted on 8/15/17 at 10:50 am to
Then apparently you're terrible at money management.
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 8/15/17 at 10:51 am to
quote:

Then apparently you're terrible at money management.

maybe he's good at it by not trying to maintain baller status?
Posted by poochie
Houma, la
Member since Apr 2007
6289 posts
Posted on 8/15/17 at 11:27 am to
quote:

maybe he's good at it by not trying to maintain baller status?


i don't think baller status has to do with what you own... you can dress in potato sacks and still be a baller.
Posted by Hacker
19th Hole
Member since Jan 2009
3239 posts
Posted on 8/15/17 at 11:38 am to
I do just fine with money management but i think our definition of baller is different. I see "baller" status as someone who is independently wealthy and not someone that has decent cash flow from a low 6 figure income.
This post was edited on 8/15/17 at 11:40 am
Posted by Broski
Member since Jun 2011
70999 posts
Posted on 8/15/17 at 11:40 am to
quote:

The problem is it's in fricking ville platt.


Dude, you're fricking living in Thibodaux.
Posted by poochie
Houma, la
Member since Apr 2007
6289 posts
Posted on 8/15/17 at 11:41 am to
i would define baller as someone that can easily pay for all their normal expenses then have thousands left at the end of the month to piss away on random stuff. If you're single and make $140k in louisiana, you are that. I'm not saying spend those thousands, just that it's there. The smart thing would be to bank that.
Posted by TheFlyingTiger
Member since Oct 2009
3994 posts
Posted on 8/15/17 at 11:56 am to
quote:

Until you knock up some ville platte lifer and end up on bayou chicot Rd looking forward to the smoked meat festival every year
:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:
Posted by TheFlyingTiger
Member since Oct 2009
3994 posts
Posted on 8/15/17 at 11:59 am to
quote:

140K is not balling in lafayette. It'll get you a spec home in youngsville and maybe help you pull a little tail at corner bar.



100%

check out housing prices in lafayette. it's stupid over there.
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 8/15/17 at 12:03 pm to
Do it. Buy a house. People have left. Bargains abound. You are equidistant l.c. laffy and alex. Decent. Laffy has shopping, d1 sports.

Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 8/15/17 at 12:05 pm to
quote:

d1 sports.


?
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32530 posts
Posted on 8/15/17 at 12:13 pm to
quote:

check out housing prices in lafayette. it's stupid over there.



Housing prices in Lafayette aren't bad at all, but I'm coming from a New Orleans perspective.
Posted by lsucoonass
shreveport and east texas
Member since Nov 2003
68466 posts
Posted on 8/15/17 at 12:19 pm to
Wtf? Like thibodaux is that much better than ville platte?
Posted by yellowfin
Coastal Bar
Member since May 2006
97651 posts
Posted on 8/15/17 at 12:43 pm to
quote:

check out housing prices in lafayette. it's stupid over there.


Housing prices are pretty reasonable or on the low side for a city the size of Lafayette
Posted by poochie
Houma, la
Member since Apr 2007
6289 posts
Posted on 8/15/17 at 12:58 pm to
$140k
less 20% 401k
less 30% uncle sam
$78,400
say you have expenses of $4k/month ($1000 rent + $750 vehicle note w/ maint and insurance + $500 utilities/bills + $2250 for food, going out, fun money, whatever.) ->$48k/year (this is crazy high but for the sake of the argument)
leaving you with ~30k/year of lagniappe after savings taxes expenses and a good bit of fun.

you could have a damn nice house down-payment in two years and buy something nice for $300k.

Assuming you were renting at $1000/month, your new cost if you finance for 20 years would be maybe $500 extra/month on top of what you were paying for rent including tax and insurance.

So starting from scratch as a single guy making $140k/year after two years you'll have expenses of $4500 and just throw away money of $25k/year.
Posted by Brageous
Member since Jul 2008
107724 posts
Posted on 8/15/17 at 12:59 pm to
complaining about living in ville platte while living in thibodaux, making half the money
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