rudeguy
Lifer
- Dec 27, 2001
- 47,371
- 14
- 61
Hey... If I can make over 100K in a year by doing IT consulting, almost anyone can.
I still don't understand exactly what a consultant does.
Care to give me a penny tour?
Hey... If I can make over 100K in a year by doing IT consulting, almost anyone can.
That. I'd even venture to say, that if you have a family, then "barely making 6 figures" is still not comfortable. You probably need around $200k for that.
I still don't understand exactly what a consultant does.
Care to give me a penny tour?
Step back another ten years and the calculation changes quite a bit:
What cost $100000 in 1970 would cost $546391.77 in 2009.
Also, if you were to buy exactly the same products in 2009 and 1970,
they would cost you $100000 and $17213.11 respectively.
About 6% of Americans make 100k+ but 80% of ATOT makes 100k+.
I still don't understand exactly what a consultant does.
Care to give me a penny tour?
if i had 6 figures a year, i'd be typing this on an Alienware/Falcon NW or something and not this built myself wannabe box.
Alienware/Falcon NW are wanna be boxes. That's 2004 stuff.
Especially Alienware.
Alienware isn't much more than the Dell XPS line in a fancy case now. Falcon Northwest makes some pretty custom built systems if you have the money and don't feel like building it yourself, though.
It's a whole lot higher than that. Any decent sized city a high percentage of white collar professionals make more than that. After taxes and other payroll deductions it's less than 5K a month take home. Doesn't go very far after bills/savings. Also consider a nurse and a teacher or two factory workers will easily surpass 100k for the household. It's just not a lot of money anymore.
I don't know, I'm just in the thought that if you care about performance, you have to built it yourself. It's part of the culture.
My wife just finished her residency and is making around 400k now from about 50k before. Now its time to pay off the debt that accumulated in the last 5 years in residency. I don't see us living too differently at the moment. We bought a nice sized house and a new car, a toyota for her.
I lived in Austin making $60k, $100k is a ridiculous amount. You can get an oustanding house for $250k in the nice areas still within city limits.
As a kid, I imagined what it would be like making six figures a year. Private jets, hypercars, mansion... I always imagined it would be the life of easy come, easy go.
Nowadays, I realize that six figures is not a big deal. I know doctors, lawyers, and IB who are making six figs straight from school. Not just intro six figs, but well into six figs. They don't have the lifestyle as I imagined. Most of them live as normal people. Almost all rent a modest apartment, and drive Japanese ecoboxes. They may vacation in other countries, but they travel in discount economy and stay in cheap hotels and hostels.
So it seems to me that it is no longer that big of deal to be making six figs. Or maybe it never was. I know that their life must be better than the average Joe making the median salary of 50k. It just don't seem that much better. Or even special.
If six figures is no longer something to aspire to, then what is? Seven? Eight?
400k right out of residency? Damn, what did she specialize in?
Agreed.
I live in austin right now as a grad student making 1/3 of that, and i live pretty comfortably
33K/yr and living comfortable in Austin TX? How do you do that? Unless you get subsidized housing/living with a bunch of roomates and don't own a car or other allowances, I don't see how is that possible. Do tell because I am planning to move to Austin within a year or so.
About 6% of Americans make 100k+ but 80% of ATOT makes 100k+.
33k/yr gets you 100k mortgage, which is probably decent condo in Tx. With that, you won't be paying much in taxes. People manage.