24 yr old Earns 140k/yr Welding

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Jeff7

Lifer
Jan 4, 2001
41,596
19
81
True and they get to deal with the elements. Many just wouldn't do it. $38/hr for welders at Plant Vogtle.

Sisters step son cleared over $100K as an electrician at Kimberly Clark. He was 27 at the time. Pretty good $$ for S.C.
And the intense shortwave UV radiation from the welding arc. Hopefully he takes the proper precautions against that stuff. Skin cancer doesn't seem like a nice thing to have.




Most likely, can't invest much in 401k unless certain conditions apply. Highly compensated employee status will most likely kill him.

Even with long hours, far better than McService jobs that many more are working, but you wouldn't guess it bases on replies to this thread.
There's nothing stopping him from investing in taxable accounts though.
 
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Blue_Max

Diamond Member
Jul 7, 2011
4,223
153
106
I am so sorry I learned electronics. Most things these days are cheap throwaway or sent to Korea for repairs.

Should have done welding, automotive, carpentry, plumbing, anything that people will always need.

You and me both. I finished my networking edjumcashun RIGHT after Y2K was over and the mass layoffs had begun. By that time, computers were already being replaced instead of repaired and I didn't stand a chance of getting a job against experienced people flooding the market and competing like sharks!

My computer usage impressed HR folks and I could do most office jobs very well... which angered most offices with 90% female staff because a man "didn't belong there."

*sigh*

At least I'm back on track now... but I don't think I have enough working years left to secure any kind of pension. Oh well.
 

Hayabusa Rider

Admin Emeritus & Elite Member
Jan 26, 2000
50,879
4,266
126
There's nothing stopping him from investing in taxable accounts though.

His opportunities for tax breaks would be limited, however investing is still something he can benefit from and paying capitol gains is better than ordinary income on interest income. I'm not expert in this but I know that compound interest would be his friend.
 

fskimospy

Elite Member
Mar 10, 2006
85,533
50,706
136
I am so sorry I learned electronics. Most things these days are cheap throwaway or sent to Korea for repairs.

Should have done welding, automotive, carpentry, plumbing, anything that people will always need.

I used to work at a defense contractor fixing 1kw radio amps. It was sad to see guys who had worked in electronics their whole lives feeling stressed because electronics repair is on the way out.

That being said, they didn't seem to mind working a shitload of overtime and in some cases were still clearing $100k+. I just wonder what will become of that ten years from now.
 

Hayabusa Rider

Admin Emeritus & Elite Member
Jan 26, 2000
50,879
4,266
126
I used to work at a defense contractor fixing 1kw radio amps. It was sad to see guys who had worked in electronics their whole lives feeling stressed because electronics repair is on the way out.

That being said, they didn't seem to mind working a shitload of overtime and in some cases were still clearing $100k+. I just wonder what will become of that ten years from now.

Ohh, those would have made nice amateur radio setups if they could be modded for the correct frequencies.
 

Carson Dyle

Diamond Member
Jul 2, 2012
8,173
524
126
I know two people employed doing "electronics" work.

One repairs audio equipment, mostly vintage stuff and doing upgrades to more modern gear.

The other is in the Air Force reserve, working in nuclear silos where much of the equipment is 35+ years old.
 

fskimospy

Elite Member
Mar 10, 2006
85,533
50,706
136
Ohh, those would have made nice amateur radio setups if they could be modded for the correct frequencies.

I don't know shit about amateur radio, but they are 3-30mhz amps, standard HF. My guess is amateur radio works on those bands for range purposes?

They could be run individually or chained into a 4kw setup, but they were also something like $20k a piece, so there's that. Haha. Not sure how much the exciter cost.
 

marvdmartian

Diamond Member
Apr 12, 2002
5,434
20
81
problem is jobs come and go. So he may work several years then hit a dry spell. Then many in those fields never plan long-term so they go bust faster and harder than others. Let alone the amount of time you have to put in and the health affects. Welding is not nice, esp if you do not use ALL the proper safety equipment.

Where I grew up there was a plant that paid well but every couple years they let people go due to slow times or lost contract. It never failed the week after that announcement boats, cars, motorcycles, and all the other toys went for sale in the paper as payment was due soon.

So its not as rosy as it sounds long-term for many and you have to move around a lot to keep good paying steady work. Like all things in life you have to give up something to get something else.

All it requires is the willingness to go where the work is located, a problem too many people have (due to buying houses, wanting to spend quality time with their family, etc).

However, if someone with a welding certificate (and the skill to learn, as well as the "touch") is willing, they can go on to learn more skilled welding, that's almost always in demand. I've spoken with guys that have nuclear field welding experience, shipyard welding experience, and underwater welding experience, and they can pretty much work when they want, and take time off when they want, because there's not too many welders with those skills.
 

Blanky

Platinum Member
Oct 18, 2014
2,457
12
46
He is selling his life for a decent salary. The better approach is to not have to sell it for one you can still live on. 72 hours/week is ridiculous. It is two full time jobs.
 

Rakehellion

Lifer
Jan 15, 2013
12,181
35
91
Instead, he attended Texas State Technical College in Waco, and received a two-year degree in welding. In 2013, his first full year as a welder, his income was about $130,000, more than triple the average annual wages for welders in the U.S. In 2014, Mr. Friend’s income rose to about $140,000.

So he's an edge case doing something most people can't ever hope to do. Cool story, bro.
 

shortylickens

No Lifer
Jul 15, 2003
80,287
17,078
136
I used to work at a defense contractor fixing 1kw radio amps. It was sad to see guys who had worked in electronics their whole lives feeling stressed because electronics repair is on the way out.

That being said, they didn't seem to mind working a shitload of overtime and in some cases were still clearing $100k+. I just wonder what will become of that ten years from now.

I used to see those guys a lot in the Navy. The ones still working were very grateful, but they always talked about having big teams with dozens of people and nowadays its one poor bastard running around all day in his truck trying to take care of everything without help. Which is some cases is outright dangerous.
 

zanejohnson

Diamond Member
Nov 29, 2002
7,054
17
81
he's doing very well for himself, that's how you have to be to get it like that.

i'm doing SOMETHING related to my work about that many hours a week, 70-90 some weeks, in the single digits others... but i'm not making 140K, i do well, my business is established and i'm comfortable, but profiting 140K as private contractor is pretty impressive, especially at his age.
 

Hayabusa Rider

Admin Emeritus & Elite Member
Jan 26, 2000
50,879
4,266
126
I don't know shit about amateur radio, but they are 3-30mhz amps, standard HF. My guess is amateur radio works on those bands for range purposes?

They could be run individually or chained into a 4kw setup, but they were also something like $20k a piece, so there's that. Haha. Not sure how much the exciter cost.

It would be perfect, but 20k is a bit steep Sometimes old surplus stuff comes up but I doubt this would every be up for a cheap purchase.
 

Tweak155

Lifer
Sep 23, 2003
11,448
262
126
So he's an edge case doing something most people can't ever hope to do. Cool story, bro.

Actually it indicates the regular rate is roughly $45k/yr. He would earn about $55k-$60k/yr or so without all that OT, so he's not THAT far ahead. Just means other welders should work more OT to raise the average
 

child of wonder

Diamond Member
Aug 31, 2006
8,307
176
106
Both my father and I are examples of not needing a 4 year degree to be successful. Both of us went back to school after starting a family and got an Associate's degree. Both of us are very successful at what we do and make good money.

College is an investment and too many people treat it like a golden ticket to happiness and fortune.
 

Mai72

Lifer
Sep 12, 2012
11,562
1,741
126
My ex BIL chose this path along with his best friend. They got certified (or however it is they term it) to weld oil and gas pipelines. Started out living in Colorado and traveling to sites and settled in Wyoming where he lives today. Along the way he accumulated enough to buy the company in partners with his best friend. The company was primarily building mining equipment on site at that point. Equipment that was too large when assembled to transport on roads.

He ended up with two airplanes, one suited for short trips and one for long so that he could visit job sites if needed. He and his partner sold the company for mega-millions maybe ten years ago. He was probably in his mid-forties at that time.

My sister had long since grown tired of his traveling and being away for a month at a time while he was still welding and divorced him. One of her many less than smart moves.

Spoken like a man. Women will either divorce or cheat on you if you go away for long periods of time. Money matters, but only to a certain extent. I've met a few women in their late 20s/early 30s who were going thru divorces. The one thing they told me was "My husband is a good provider, but..."
 

Mai72

Lifer
Sep 12, 2012
11,562
1,741
126
What if you aren't good at doing trade work?

What if you don't like to do trade work?

Should you be a trades person? If you don't like to do that type of work, what do you think the outcome will be? Are you going to put out good work? Will you have a successful career? How long are you going to last at your trades job if you don't like to do the work? What abut the stress from a job that you don't care about?
 

Mai72

Lifer
Sep 12, 2012
11,562
1,741
126
24 yr old Earns 140k/yr Welding

Millennials hate him!

He's good at his job. He found his calling.

Put someone else in his position who doesn't have the drive to work in the trades field and you'll see a different outcome.
 

pauldun170

Diamond Member
Sep 26, 2011
9,141
5,085
136
True but the trades beats the hell out of an art appreciation degree for $100K.

Plumbing has made my bro a lot of $$ but he's driven like no one I know. I didn't get that trait.

I remember back in my 20's where we'd joke about some of our friends who were art majors.

One is now living comfortably as a teacher and another drives a Mercedes and drinks a lot of pricey wine.
 

Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
106
londojowo.hypermart.net
What if you aren't good at doing trade work?

What if you don't like to do trade work?

Should you be a trades person? If you don't like to do that type of work, what do you think the outcome will be? Are you going to put out good work? Will you have a successful career? How long are you going to last at your trades job if you don't like to do the work? What abut the stress from a job that you don't care about?

Last I checked no one is forced to work any jobs in the US so should a person not like working in the field or a job they deem to be too hard and/or stressful they can seek a job elsewhere which could wind up being something they hate even worse and get paid much less as well.
 

Mai72

Lifer
Sep 12, 2012
11,562
1,741
126
Last I checked no one is forced to work any jobs in the US so should a person not like working in the field or a job they deem to be too hard and/or stressful they can seek a job elsewhere which could wind up being something they hate even worse and get paid much less as well.

True. There are no guarantees in life.
 

smackababy

Lifer
Oct 30, 2008
27,024
79
86
I remember back in my 20's where we'd joke about some of our friends who were art majors.

One is now living comfortably as a teacher and another drives a Mercedes and drinks a lot of pricey wine.

Oh, two people in the history of art degrees! That certainly disproves the idea that getting a degree in art is a bad one!
 

brhanks

Junior Member
Jan 12, 2015
4
0
0
I would like all the salaried employees on this thread to be honest about the amount of hours they are really working. What he is doing doesn't seem that unreasonable to me. I wish I was getting paid hourly.
 

smackababy

Lifer
Oct 30, 2008
27,024
79
86
I would like all the salaried employees on this thread to be honest about the amount of hours they are really working. What he is doing doesn't seem that unreasonable to me. I wish I was getting paid hourly.

I am salaried and I work maybe 43 hours a week tops. And, that is a maybe, because I regularly will simply lose track of time at the end of the day and work a half hour longer than I am scheduled. Never has it been asked nor is it required. It evens out, because I'll take a long lunch and not make up for it every once in awhile.
 
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