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Old 09-02-2007, 11:20 AM   #41
voksveta

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I feel the same way. The cost of living here is really high. My one bedroom apartment (pretty nice place) is almost $1100 a month and then another $250 for utilities. I get taxed horrendously as well. And I am only in Sacramento, I can only imagine what SD is like [thumbdown]

I know what you mean. When I was living in San Jose, my rent for a two bedroom apartment was 1600 bucks. Now that I'm back in Siskiyou County, I have a three bed/two bath house with a 2 acre yard for only 850 a month.
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Old 09-02-2007, 11:25 AM   #42
RsQhyZyR

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I make more money then any of my friends but thats not saying much because most of them are jobless. I am 19 and a full time university student engineering to be exact and i made 18000 this year and it will go up by about 4 thousand next year.
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Old 09-02-2007, 11:31 AM   #43
Lillie_Steins

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Yes I do...
About 35K last year,,,and will be making almost 40K after commissions and bonus this year.

I am 25, considering I am immigrant from another country and been in US for 2 years only, I think so far so good, however I am feeling stuck now, I don't really like my job that much as customer service technical support, I have BSEE in electronics from my country, and I feel depressed till now not be able to get better job, VERY hard to get such good jobs in NY...I am still trying hard...I really looking forward for a change this year or I will become VERY VERY depressed [no]

Anyone else have college degree and having hard time getting a decent job at least $50K in US???
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Old 09-03-2007, 12:05 AM   #44
RaicickKida

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Mind if I ask what you do for a living ?

I only make about 10k a year..but I'm 18 and still in high school. Only have to pay for insurance and gas right now (that just about covers that 10k too).
I fix helicopters and yell atl people to get back to work. lol

I cheated though. That's norwegian currency. It turns into ~29.7 k GBP or 58 k USD, but still yes.
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Old 09-03-2007, 12:10 AM   #45
goolen4you

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I fix helicopters and yell atl people to get back to work. lol

I cheated though. That's norwegian currency. It turns into ~29.7 k GBP or 58 k USD, but still yes.
You guys still using krona etc?
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Old 09-03-2007, 12:18 AM   #46
RaicickKida

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Yes. Krone (crown).
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Old 09-03-2007, 01:30 AM   #47
QQQQQ-Trek

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USD yes, GBP, no.

Doesn't matter, US has a lower cost of living so it evens out.
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Old 09-03-2007, 02:36 AM   #48
pseusawbappem

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I just got my bonus (2 days ago) which was more than my age... I earn a **** load of money and I'll never be as old as what I get. When I complete my MBA I'll earn a **** load more. It's kinda embarrasing and sometimes you lose all notion of reality when it comes to money after a while.

I think when you get to your 30's to 40's in age, you cannot do the whole 'earn your age or better' formula. What's more important is how quickly and by what proportion your salary/income rises from when you leave your education and when you're 30.

If you're earning 20k when you're 20 and 30k when you're 30, you're probably not doing as well as you could be. Better to be earnign 20k when you're 23 (with a decent post-grad eduction) and 60k when you're 30 (or equivalent currency).

If anyone is interested in numbers, I am hiring someone new to my team who will be a fairly junior analyst for a large bank. He or she will work for me, earn 60,000 USD basic and get 10 - 20% of that on top as incentive based pay (bonus) and will proabably be around 23 years old with a decent Honour Degree. Within 5 years, this person will be earning 100k, plus 20% bonus and by the time they're 30 - 33, probably close to 150k and will have been sponsored through a 100k eMBA programme - not to mention health and insurance benefits worth several thousand dollars a year.

So... if you think messing about a college and spending your youth playing video games is the way to go... you might want to think about knuckling down and retiring aged 45... you can do it!
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Old 09-03-2007, 03:59 AM   #49
CuittisIL

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I earn about £20 and im 19 today so yes.
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Old 09-03-2007, 04:15 AM   #50
Mehntswx

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sage-like advice
preach it!!
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Old 09-03-2007, 04:21 AM   #51
QQQQQ-Trek

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...
If I were you, I would find a nice house in Connecticut if it wasn't too far from work.
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Old 09-03-2007, 04:35 AM   #52
pseusawbappem

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If I were you, I would find a nice house in Connecticut if it wasn't too far from work.
For some deranged reason I am obsessed with getting a Brownstone in Brooklyn, but I've been eyeing up some nice pads upstate nearer the mountains - only a 45 mins commute to central Manhattan and mountain biking bliss in your backyard!
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Old 09-03-2007, 04:59 AM   #53
cl004

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I earn about 2x (in thousands before tax) of what my age is... ;-)
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Old 10-02-2007, 01:03 PM   #54
SNUfR8uI

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I'm almost 25 and make ~$51k USD. Mechanical Engineer

I would say making your age is reasonable.
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Old 10-02-2007, 05:35 PM   #55
cl004

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I'm almost 25 and make ~$51k USD. Mechanical Engineer

I would say making your age is reasonable.
How much do you have left after you paid all taxes and insurances?? Because here in germany, a lot of money goes away for taxes and social insurances... :-/
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Old 10-02-2007, 06:42 PM   #56
twiffatticy

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I earn close to nothing, I'm just a poor student. Aiming for twice my age when I'm done with my Bachelor though (Mechanical Engineering, should be done with 24/25), and maybe a bit more afterwards.

EDIT: Oh, the German government will enjoy ~half my wage though, so I'll be left with my age then...
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