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How many people do you know IRL that make 6 figures? Specifically <35
05-08-2020, 10:54 PM
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#121
- FrankCostanza
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It depends on what state. You essentially need to earn at least 100k to be a home owner in California.
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05-09-2020, 12:27 AM
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#122
- Jasonw1178
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Median income was barely over $31K as of 2017 and that is only considering full time adults working.
Of all wage earners, only 8% made 100K a year or more. A vast majority are over 35. Somehow here on the Misc, guys making 60K a year doing warehouse work and such, seems everyone on here makes bank. If the Misc got a dime for every lie that was told on this forum it would have more revenue than Amazon and Walmart combined. 25 year old consultants and crap.
Guy I know is an electrician and he probably makes it, but I honestly don't know how he does it as far as he just works constantly and doesn't sleep.
At my work, three guys I work with make that, one just got fired, the other basically runs the place so to speak, and the other would make that if he worked a little more but he's comfortable in what he makes. I could make it if I really wanted to and came in and worked bell to bell every day just busting my ass the whole time. Made about 50K last year, probably about 45K but a lot of it had to do with the fact I was also my grandmother's caregiver so I barely kept my full time status and her death has left my kind of out of it and depressed this year but it was well worth it. I hoenstly love my job and it's more than just money to me.
A lot of people who obsess about income are basically giving away how miserable and shallow they are. More won't make you happier. Money is kind of like air, it's not all that important until you aren't getting any.
Of all wage earners, only 8% made 100K a year or more. A vast majority are over 35. Somehow here on the Misc, guys making 60K a year doing warehouse work and such, seems everyone on here makes bank. If the Misc got a dime for every lie that was told on this forum it would have more revenue than Amazon and Walmart combined. 25 year old consultants and crap.
Guy I know is an electrician and he probably makes it, but I honestly don't know how he does it as far as he just works constantly and doesn't sleep.
At my work, three guys I work with make that, one just got fired, the other basically runs the place so to speak, and the other would make that if he worked a little more but he's comfortable in what he makes. I could make it if I really wanted to and came in and worked bell to bell every day just busting my ass the whole time. Made about 50K last year, probably about 45K but a lot of it had to do with the fact I was also my grandmother's caregiver so I barely kept my full time status and her death has left my kind of out of it and depressed this year but it was well worth it. I hoenstly love my job and it's more than just money to me.
A lot of people who obsess about income are basically giving away how miserable and shallow they are. More won't make you happier. Money is kind of like air, it's not all that important until you aren't getting any.
05-09-2020, 12:55 AM
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#123
- OutdoorsBrah
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I got some bad new boyo.
100k (in the current economy), adjusted for inflation relative to cost of living and goods, isn't the magic bullet you think or were sold. Some make it (100K+), some don't.... but that metric is relative to the geographic region and other micro and macro economic factors, thus bares little significance as a means of measuring success.
At best, in the most optimal situation for a 100K a year brah, is to live largely below your means for 12-14 years, invest all in index funds to average 4-7% annually and with compound interest acquire at least 1 million in your fund. At such a point, you can begin to draw on interest and not touch principal (a retirement scenario).
Despite all this, where ever you go, there you are. Focus on relationships with others and yourself, never money. It won't make you happy or change anything... don't ask me how I know... take the advice. SRS
100k (in the current economy), adjusted for inflation relative to cost of living and goods, isn't the magic bullet you think or were sold. Some make it (100K+), some don't.... but that metric is relative to the geographic region and other micro and macro economic factors, thus bares little significance as a means of measuring success.
At best, in the most optimal situation for a 100K a year brah, is to live largely below your means for 12-14 years, invest all in index funds to average 4-7% annually and with compound interest acquire at least 1 million in your fund. At such a point, you can begin to draw on interest and not touch principal (a retirement scenario).
Despite all this, where ever you go, there you are. Focus on relationships with others and yourself, never money. It won't make you happy or change anything... don't ask me how I know... take the advice. SRS
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05-09-2020, 01:20 AM
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#124
05-09-2020, 01:43 AM
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#125
- MakeABanana
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I work in a hospital and I know a lot of young doctors, so a lot.
I was almost in that crew for the last fiscal year.
I was almost in that crew for the last fiscal year.
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05-09-2020, 02:25 AM
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#126
- samsbolton
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Originally Posted By r32gojirra⏩
Very true. It’s hilarious how much the average miscer needs validation by a bunch of strangers on the internetLol you could convert your minimum wage income to zimbabwe currency you still won’t hit 100k
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05-09-2020, 02:59 AM
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#127
- YoungMetro24
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If you’re not making 100k/year by age 30 it means:
1. You live in a low COL area (think Montana, Wyoming)
2. Your industry doesn’t pay that well
3. You’re not that great at your job
Pick at least two of the three.
1. You live in a low COL area (think Montana, Wyoming)
2. Your industry doesn’t pay that well
3. You’re not that great at your job
Pick at least two of the three.
All it takes is Mookie Betts, Steph Curry, and Joe Burrow all sitting in the same car in order for one drunk driver to make the world a significantly better place.
05-09-2020, 03:21 AM
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#128
- samsbolton
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Originally Posted By YoungMetro24⏩
Perhaps they live in a country with low wages (which is most places compared to the States)If you’re not making 100k/year by age 30 it means:
1. You live in a low COL area (think Montana, Wyoming)
2. Your industry doesn’t pay that well
3. You’re not that great at your job
Pick at least two of the three.
1. You live in a low COL area (think Montana, Wyoming)
2. Your industry doesn’t pay that well
3. You’re not that great at your job
Pick at least two of the three.
Perhaps they do a job they are passionate about but will never pay well, like a zookeeper..
Perhaps they are just honest about what they earn in a good job..
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05-09-2020, 04:45 AM
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#129
- YoungMetro24
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Originally Posted By samsbolton⏩
We are talking about professionals/white collar workers here. No one else cares about arbitrary salary numbers like these so that discussion is moot. Not surprised you’re still a dunce and couldn’t use context to figure this out either.Perhaps they live in a country with low wages (which is most places compared to the States)
Perhaps they do a job they are passionate about but will never pay well, like a zookeeper..
Perhaps they are just honest about what they earn in a good job..
Perhaps they do a job they are passionate about but will never pay well, like a zookeeper..
Perhaps they are just honest about what they earn in a good job..
All it takes is Mookie Betts, Steph Curry, and Joe Burrow all sitting in the same car in order for one drunk driver to make the world a significantly better place.
05-09-2020, 04:57 AM
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#130
05-09-2020, 05:16 AM
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#131
- r32gojirra
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Originally Posted By Evil_D⏩
Once you earn fees instead of wages or are an officer of a listed entity it’s often a matter of public record how much you earn. Also any senior job in government including consultancies.Anyone who tells you what they earn is lieing to begin with, idiot.
So there's no point in this thread.
So there's no point in this thread.
05-09-2020, 05:39 AM
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#132
Originally Posted By r32gojirra⏩
Commission/sales work, not even once...Once you earn fees instead of wages or are an officer of a listed entity it’s often a matter of public record how much you earn. Also any senior job in government including consultancies.
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05-09-2020, 05:58 AM
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#133
- samsbolton
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Originally Posted By YoungMetro24⏩
Who is WE? Because it’s not in the op, and it’s just as likely these days that blue collars earn as much as white, if not more.We are talking about professionals/white collar workers here. No one else cares about arbitrary salary numbers like these so that discussion is moot. Not surprised you’re still a dunce and couldn’t use context to figure this out either.
So by WE you must mean YOU.
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05-09-2020, 06:20 AM
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#134
05-09-2020, 07:58 AM
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#135
05-09-2020, 08:12 AM
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#136
05-09-2020, 08:30 AM
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#137
- RaphaelDeLaGhetto
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Originally Posted By patagucci⏩
But most are imports, thus most stuff you buy like black dildo are priced higher in CAD.How come other nationalities never seem to understand the concept of purchasing power parity when trying to rip on us for being paid in CAD?
It’s mind boggling
Our goods and services aren’t priced in pounds, euros or USD they are priced in Cdn dollars
It’s mind boggling
Our goods and services aren’t priced in pounds, euros or USD they are priced in Cdn dollars
I work in tech, started making 100k+ in mid 20s now I'm in 30s crew.
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05-09-2020, 10:20 AM
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#138
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Originally Posted By imbeingcereal⏩
Oh yea. The further you go out, the more drastic the difference a percentile is in terms of money. The middle is fairly flat, then it just shoots up.Wanna see something even more interesting? Try dicking with the higher end ranges of the percentiles, say 92% plus. It's absolutely pissening the incremental salary you have to earn to move up 1% as you go higher and higher. Concentration of wealth at it's finest.
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05-09-2020, 10:25 AM
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#139
05-09-2020, 10:39 AM
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#140
Originally Posted By Anachron⏩
You also have federal sales tax and a chit ton of green taxes in some provincesSo I did a bit of research, for "purchasing power" in CAD.
https://www.numbeo.com/cost-of-livin...country=Canada
However...
https://www.xe.com/currencyconverter...rom=CAD&To=USD
1 CAD = 0.717147 USD
So everything is 12.5% cheaper... but get paid 29% less if it's in CAD.
https://www.numbeo.com/cost-of-livin...country=Canada
However...
https://www.xe.com/currencyconverter...rom=CAD&To=USD
1 CAD = 0.717147 USD
So everything is 12.5% cheaper... but get paid 29% less if it's in CAD.
05-09-2020, 10:39 AM
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#141
- Destor
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- Destor
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Originally Posted By Anachron⏩
Some grocery products are probably cheaper here in CAD than USD. Overall things are a bit more expensive for sure, but it’s not 30-40% and it doesn’t change as the currency market values fluctuate. Canadians weren’t suddenly better off than Ameribrahs in 2007 or 2011 when the CAD was trading positively with the USDPlease post some examples of items that are cheaper to buy in CAD than USD.

The Aussie dollar is a fairer comparison since their PPP is more aligned with their exchange rate, Aussies legit pay a lot more to buy the same basket of goods
Canada actually benefits from the exchange, since we can export goods and services to the US with an advantaged rate compared to the purchasing power of our dollar. Our economic powers don’t want the CAD to be 1:1 with the USD. China does chit to benefit similarity, and that’s when you hear Trump come down on them for manipulating the value of their currency
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