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Employment Contract Negotiations

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  • lowthreeohz
    replied
    Originally posted by 8mpg View Post
    Apparently this crowd is cream of the crop... I forgot, we are the home of the $30k millionaire.
    nah, i made a shade over 75k last year and by no means am making 'GOOD' money.. i have enough to pay my bills, save, and have fun.. but i still dont think that constitutes 'GOOD' money. also location has a lot to do with it, as 100k/yr in cali isn't shit compared to 100k/yr in midland/odessa

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  • sc281
    replied
    Good money is enough to cover your expenses and to be able to put 6 months expenses away each year. The trick is limiting the amount of expenses, which is hard to do.

    I have my total expenses down to $16.200/yr and hope to have it down to $10,500 in another year. Once I have built enough savings to generate the after tax income of that at a safe withdrawal rate of 3%, I'll retire from my job and pursue my interests full time.

    High income would certainly help, but I see employment as golden handcuffs, and would be much happier on a boat in the gulf taking tourists out to fish for a few bucks to cover my fuel and maintenance on the boat.
    Last edited by sc281; 03-06-2013, 01:46 PM.

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  • BMCSean
    replied
    Originally posted by 8mpg View Post
    Apparently this crowd is cream of the crop... I forgot, we are the home of the $30k millionaire.
    DFWM, or DFW?

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  • 8mpg
    replied
    Apparently this crowd is cream of the crop... I forgot, we are the home of the $30k millionaire.

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  • BMCSean
    replied
    Originally posted by 8mpg View Post
    Being that national household income is $50k for two people... Id say making $40-50k for a single person good money
    I agree, but in the DFW area it isn't that hard to bring that in. The younger generation being lazy and pretty worthless just makes it that much easier.

    (Younger generation= most people under 25)

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  • Ruffdaddy
    replied
    I don't think GOOD money is any less than 150K/person.

    Good money maybe around 90.

    Decent...50ish

    Don't even get me started on CHOO CHOO money.

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  • lowthreeohz
    replied
    70k is respectable, but hardly GOOD money.

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  • 8mpg
    replied
    Originally posted by BMCSean View Post
    I'd say $40k is okay money, $75k and up into low six figures is good money, GOOD money to me is $200k or more annually.

    I left a job making roughly $50k/year to go back to school.
    Being that national household income is $50k for two people... Id say making $40-50k for a single person good money

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  • Shorty
    replied
    Originally posted by 8mpg View Post
    lol...

    Id say good money is $40k+ and GOOD money would be $70k+
    [Al P]I'd have to eat dog food if I made that much![/Al P]

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  • BMCSean
    replied
    I'd say $40k is okay money, $75k and up into low six figures is good money, GOOD money to me is $200k or more annually.

    I left a job making roughly $50k/year to go back to school.

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  • Roscoe
    replied
    Originally posted by 8mpg View Post
    lol...

    Id say good money is $140k+ and good money would be $270k+
    ftfy

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  • Ruffdaddy
    replied
    Originally posted by slow99 View Post
    Dude, I drive an effin' Yaris.
    Making good money doesn't mean you make good decisions.

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  • 8mpg
    replied
    lol...

    Id say good money is $40k+ and GOOD money would be $70k+

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  • bcoop
    replied
    Originally posted by slow99 View Post
    Dude, I drive an effin' Yaris.
    That's one small train, you non union scrub!

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  • slow99
    replied
    Originally posted by Ruffdaddy View Post
    Lol yes. And you're the only person on this site I know that makes GOOD money without it being family money...I know there have to be more.
    Dude, I drive an effin' Yaris.

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