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re: Live comfortably on $55,000 per year?

Posted on 4/16/14 at 11:43 pm to
Posted by Louie T
Member since Dec 2006
36710 posts
Posted on 4/16/14 at 11:43 pm to
I'll try not to get fired
Posted by liz18lsu
Member since Feb 2009
18042 posts
Posted on 4/16/14 at 11:43 pm to
Nothing worth noting
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
14583 posts
Posted on 4/16/14 at 11:45 pm to
This has been a very entertaining read.. but frick this thread for keeping me up late. I have to wake up tomorrow and earn my $55k. We all can't be pirates.
Posted by wildtigercat93
Member since Jul 2011
116161 posts
Posted on 4/16/14 at 11:45 pm to
I figure if i can live off of the ~15k i made last year, then you can do just fine on 55k with no kids or wife
Posted by Real Pirate
NE LA
Member since Apr 2013
1879 posts
Posted on 4/16/14 at 11:45 pm to
quote:

This has been a very entertaining read.. but frick this thread for keeping me up late. I have to wake up tomorrow and earn my $55k. We all can't be pirates.


There's always Halloween.
Posted by H.M. Murdock
B.A.'s Van
Member since Feb 2013
2113 posts
Posted on 4/16/14 at 11:47 pm to
I started out at 45k, engineering. Own a business now and college grads in every variety are almost worthless. The more time in school the more we need to retrain them to succeed. Colleges are the great money scheme of the century.
Posted by I Ham That I Ham
Oh Lord, it's hard to be humble
Member since Jan 2012
10773 posts
Posted on 4/16/14 at 11:47 pm to
quote:

I thought it would have been closer to a 75-80k a year average.


You are either extremely out of touch or just stupid
Posted by jg8623
Baton Rouge
Member since Aug 2010
13533 posts
Posted on 4/16/14 at 11:48 pm to
quote:

You mean if he has no social life, an 8 year old car, and a crappy apartment?

In that case sure. I guess that's comfortable to some people.







You're an idiot

55K right out of school with no kids/debt isnt bad, at all. If you cant live comfortably off that then you're a dumbass
Posted by Puffoluffagus
Savannah, GA
Member since Feb 2009
6466 posts
Posted on 4/16/14 at 11:48 pm to
quote:

My law/medical school friends are going to graduate in a month


Signing the papers and contract for my $51k 8-year degree job.

Posted by OMLandshark
Member since Apr 2009
120445 posts
Posted on 4/16/14 at 11:49 pm to
quote:

Get off your soapbox. No one has said anything about attitudes and professional expectations; that has no relevance to the topic. I'm simply speaking about starting salaries.

Grad school in my case isn't quite "bullshite" either



Come back to me in 3 years. You come out with a superiority complex out of a masters program, and I did myself, but in the end, you realize it is basically a program to make sure you make more money in the long term and nothing more.
Posted by OMLandshark
Member since Apr 2009
120445 posts
Posted on 4/16/14 at 11:52 pm to
quote:

Graduated in Accounting from LSU in 2004. First job was a small mortgage company - $32k. Next, moved to corporate tax - started at $36k. I bought my house on this salary (no kids, not married). I have always been comfortable. $55k in BR is good starting money. People's ideas seem a little skewed. You'll do great!



And this is an accountant. Do you really think that if an accountant makes this amount of money right of out college, that the average salary is 80K a year Pirate?
Posted by Real Pirate
NE LA
Member since Apr 2013
1879 posts
Posted on 4/16/14 at 11:52 pm to
quote:

Graduating next month, and will be making around 55,000 starting right out of school. Anybody been in this situation and would care to share how they did coming out of school?



I apologize for my first smart arse comment. It wasn't sincere, nor was it helpful.


I spent a year or two making $800 a month. It's doable, however I never felt comfortable in any way. Once I paid my bills I barely had change left over. I hated the feeling of how I was going to pay for gas and take care of other things in my life. I was younger, and I didn't handle my responsibilities correctly at the time. So there's that.

I will say that around the 60-70k mark is when I felt like I could take care of business. So, if you're a smart man with a good head on your shoulders you will be fine. There's a lot of life left ahead of you and it sounds like you're already headed in a decent direction.

My apologies to you, and only you, if you were offended.


To everyone else, minus the typos and flat out incorrect responses I have posted, I have been honest about my life and where I am right now.


I intend to move up in life and I hope that things get better. I hope the same for y'all.
Posted by Cs
Member since Aug 2008
10681 posts
Posted on 4/16/14 at 11:53 pm to
quote:

Signing the papers and contract for my $51k 8-year degree job.


8 years?

What specialty?
Posted by Louie T
Member since Dec 2006
36710 posts
Posted on 4/16/14 at 11:53 pm to
Having to train for a particular industry or for company specific nuances is not the same thing as not being able to hire people with the mental aptitude and work ethic to cut it in the "real world". If you're struggling to decipher which graduates will make successful employees that may be a you problem and not an every single college graduate problem.
Posted by jg8623
Baton Rouge
Member since Aug 2010
13533 posts
Posted on 4/16/14 at 11:54 pm to
quote:

Is it really? I'm not doubting you, I'm truly curious. That seems insanely low for a four year degree. I thought it would have been closer to a 75-80k a year average.




What world does this cat live in?

The only one of my friends whos pulling 80K after college is the one who finished in petroleum engineering. And that includes others with degrees in civil eng, finance, business mgmt, etc

Average is more like $45k out of college. Average is the key word here
This post was edited on 4/16/14 at 11:57 pm
Posted by Tigerdew
The Garden District of Da' Parish
Member since Dec 2003
15385 posts
Posted on 4/16/14 at 11:54 pm to
What is it exactly that you do again Pirate? Did I miss that?
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 4/16/14 at 11:54 pm to
nice recovery
Posted by Puffoluffagus
Savannah, GA
Member since Feb 2009
6466 posts
Posted on 4/16/14 at 11:56 pm to
quote:

8 years?


Undergrad 4 years, medical school 4 years.

quote:

What specialty?


It's a surgical subspeciality.
Posted by Louie T
Member since Dec 2006
36710 posts
Posted on 4/16/14 at 11:56 pm to
quote:

Come back to me in 3 years. You come out with a superiority complex out of a masters program, and I did myself, but in the end, you realize it is basically a program to make sure you make more money in the long term and nothing more.
No, I come out with an hour requirement that allows me to take a test that's a prerequisite for advancing after a few years in my field. Nothing more, nothing less

I have no delusions that my grad degree entitles me to immediate promotions and riches.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
150242 posts
Posted on 4/16/14 at 11:58 pm to
quote:

I started out at 45k, engineering. Own a business now and college grads in every variety are almost worthless. The more time in school the more we need to retrain them to succeed. Colleges are the great money scheme of the century.
say my man...wanna hire a smart cat that's a hard worker but never completed his degree?!


Fast learner, love to learn, don't mind being taught, dedicated.
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