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Message

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

Posted on 4/16/14 at 10:27 pm to
Posted by JumpingTheShark
America
Member since Nov 2012
24739 posts
Posted on 4/16/14 at 10:27 pm to
That's pretty good right out of school man. Don't listen to most people on here. I started at less than that and I didn't have to alter anything in my lifestyle.
Posted by Jrv2damac
KS (mountain time)
Member since Mar 2004
72409 posts
Posted on 4/16/14 at 10:28 pm to
and he's only 26

Posted by Real Pirate
NE LA
Member since Apr 2013
1879 posts
Posted on 4/16/14 at 10:28 pm to
quote:

My reading comprehension is just fine.



Yes, I wrote that, yes it is wrong.

I left college in 08. 100000 apologies on behalf of me and my typing.
Posted by Real Pirate
NE LA
Member since Apr 2013
1879 posts
Posted on 4/16/14 at 10:29 pm to
quote:

You need to work on yours


Sweet comeback bro.
Posted by UGATiger26
Jacksonville, FL
Member since Dec 2009
9128 posts
Posted on 4/16/14 at 10:29 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?


Dude, you'll be more than fine. That's even assuming you have the typical amount of student loan debt.

Don't get sucked into the common yuppie thought process that you're not "successful" unless you're driving a BMW, have a 50" flatscreen on your wall, and regularly take trips to St. Barts. That's the kind of thinking that will lead someone to ask whether they will be OK or not making $55,000/year.

Save as much as you can early on, live within your means, and don't be a fool with your money.

Have fun. Live life. But don't obsess over the need to possess overhyped trinkets like luxury cars and rolex watches.
Posted by Real Pirate
NE LA
Member since Apr 2013
1879 posts
Posted on 4/16/14 at 10:30 pm to
quote:

So you make double the average Survey Coordinator? You must be the best in the world at it.



I honestly have no idea what they make. I know what I make, and I know what I do. That's enough for me.



Should I add it's pipeline surveying to quench your thirst for knowledge?
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 4/16/14 at 10:31 pm to
I am 25, make about $15k less than that a year (went to a 2yr technical college and have 5 years experience in my field), and I live comfortably even with a small car note. Granted, I have a roommate to save myself some money, but to answer your question: yes. As long as you're not completely stupid with your money, 55k/yr for a single guy with no kids is substantial. You should have no problem making it on that salary.
This post was edited on 4/16/14 at 10:32 pm
Posted by Jrv2damac
KS (mountain time)
Member since Mar 2004
72409 posts
Posted on 4/16/14 at 10:31 pm to
quote:

Sweet comeback bro.


It's only a suggestion in response to your story of ending up here.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
136389 posts
Posted on 4/16/14 at 10:31 pm to
quote:

Dude, you'll be more than fine. That's even assuming you have the typical amount of student loan debt.

Don't get sucked into the common yuppie thought process that you're not "successful" unless you're driving a BMW, have a 50" flatscreen on your wall, and regularly take trips to St. Barts. That's the kind of thinking that will lead someone to ask whether they will be OK or not making $55,000/year.

Save as much as you can early on, live within your means, and don't be a fool with your money.

Have fun. Live life. But don't obsess over the need to possess overhyped trinkets like luxury cars and rolex watches.


Extremely good advice. Upvote.
Posted by Pectus
Internet
Member since Apr 2010
67302 posts
Posted on 4/16/14 at 10:31 pm to
If your single...that's more than enough.
Posted by TigerBait1127
Houston
Member since Jun 2005
47336 posts
Posted on 4/16/14 at 10:32 pm to
quote:

have a 50" flatscreen on your wall, 


Well that's only a few hundred these days. Just buy a vizio instead of a Samsung
Posted by StrawberriousJackson
Member since Nov 2012
141 posts
Posted on 4/16/14 at 10:32 pm to
quote:

ave a 50" flatscreen on your wall,
Is this really a big deal? They are well under $1,000 now
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467586 posts
Posted on 4/16/14 at 10:32 pm to
quote:

unless you're driving a BMW, have a 50" flatscreen on your wall, and regularly take trips to St. Barts. That's the kind of thinking that will lead someone to ask whether they will be OK or not making $55,000/year.


bro, owning a 50" flat screen is out of place on that list
Posted by Real Pirate
NE LA
Member since Apr 2013
1879 posts
Posted on 4/16/14 at 10:32 pm to
quote:

It's only a suggestion in response to your story of ending up here.



Fair enough.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 4/16/14 at 10:32 pm to
I think grad assistants make $14k a year and i'll live fine, in a pretty dope apartment.

55k should be cake

albeit I don't have to pay for health insurance and have no car note
This post was edited on 4/16/14 at 10:34 pm
Posted by RileyTime
Gulf Breeze, FL
Member since Oct 2008
7057 posts
Posted on 4/16/14 at 10:32 pm to
I make about $60,000 a year and I have no problems living in a city near Seattle. I basically have enough money to do whatever I want. You'll be fine as long as you spend your money wisely, and right out the gate means your money will only go up.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467586 posts
Posted on 4/16/14 at 10:32 pm to
quote:

Well that's only a few hundred these days. Just buy a vizio instead of a Samsung


back
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467586 posts
Posted on 4/16/14 at 10:33 pm to
quote:

Is this really a big deal? They are well under $1,000 now

to back
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 4/16/14 at 10:33 pm to
quote:

Don't get sucked into the common yuppie thought process that you're not "successful" unless you're driving a BMW, have a 50" flatscreen on your wall, and regularly take trips to St. Barts. That's the kind of thinking that will lead someone to ask whether they will be OK or not making $55,000/year.


dude, you can get a refurbished 60" vizio for like $600
This post was edited on 4/16/14 at 10:34 pm
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467586 posts
Posted on 4/16/14 at 10:33 pm to
quote:

bro, owning a 50" flat screen is out of place on that list

to back
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