Post # 1
I just want to vent and see if anyone else is in the same boat as me…..
So I just turned 20, I graduated high school 2 years ago, I finished Cosmetology school and about to take my state board. But i honestly don’t like doing hair. I feel like i just wasted a year of my life and a whole lot of money that I have to pay back. I thought going to school would give me a better future, but I was wrong. I used to waitress for 3 years, i was out of a job for almost 4 months before my moms friend had a Temp. job. But i did such a good job that they let me stay here, which is great. I’m making good i thought, but i realized that after i get my paycheck its gone within 4 days, from numerous bills i have to pay and things that we need around the house. I never have any money just to relax with or spend on myself.
My fiance works on cars. but he gets paid the same hourly rate as me. Which is better then his last job, but it still sucks!!!! I mean our pay together annually is only $37K a year!!! thats probably less then some of yalls weddings!!! I mean our honeymoon is only $1,000 and i can barely afford it…sad right???
We really want to get a house next year. And I’m so scared because we can barely afford our bills now.
I just dont know what to do, I dont want to go back to school, and my fiance wont either. I just wish we had better paying jobs. I get jealous of the Bees on here that make crazy amount of money and they are unhappy!
Post # 3
I’m sorry to hear you’re going through this. I think a lot of people make very little money when they’re just “starting out” in the professional world; it takes a few years to settle in and start climbing the income ladder.
What don’t you like about doing hair? If it’s a skill that you have, it may be worth pursuing, at least for a while, since it’s something that can earn you money. You should try to like what you do, but it doesn’t have to be a head-over-heels thing. Nobody is going to have fun at work every single day.
What do you think you would *like* to do? And why don’t you want to go back to school?
Post # 4
I think most people feel “poor” around 20 because they are beginning their careers and start low on the todem poll. It takes a few years to get established and see some salary increases either through promotions or finding better paying jobs after you gain experience. Just hang in there. 🙂
Post # 5
I think everyone feels poor when they’re starting out! Even with small salaries, it IS possible to save, although it may take longer to save up enough to buy something you want. Unfortunately, I’m not sure you’ll be able to buy a house without having enough for the down payment. BUT, if you can buy the house, a lot of times mortgages are cheaper than rents. Keep in mind that in addition to mortgage and utilities, you’d also need to pay property taxes. This doesn’t mean you can’t afford it, it just means it’s something to remember when planning.
As for going back to school, if there’s something you want to do and not having the right degree is holding you back from it, then you should go back to school. The best piece of advice I ever got was to get the highest degree you can get in your chosen field because if not, you’re closing doors for yourself. I agree with the PP… think about what it is you really WANT to do, and then think about your options.
Post # 6
You are only 20 right now and just starting to go into the working world. It takes time to climb the ladder. What is it about hair do you not like? Maybe you could freelance so you have more control over you schedule?
I did makeup for weddings for a few months and realized it just wasn’t for me. I got paid fairly well for it, but not ever having your weekends, A LOT of driving, and it can be stressful depending on the bride and bridal party started to affect my health.
I’m almost 10 years older than you now and it does take time. I would only go back to school if you find some career that doesn’t make you want to not wake up and go to the job, and if you are able to pay back the loans. It is sad that school costs so much these days.
Just work hard and save as much as you can and you’ll get there!
Post # 7
@koveline: honestly I have never had a hobby, So thats why i just picked something, which was cosmetoloy. I just dont want to mess up someones hair, and i’m not very creative. I dont know, I’m confused I guess. My fiacne is 25, almost 26 which means he should be doing better then me. But i have a better credit score and can save money better. He just jumps around from job to job whenever he gets bored. Which is another reason I’m scared to buy a house.
Post # 8
Would you consider going to college? You could start now and finish at 24 or 25. Think about what interests you. Would you like to be a teacher? A nurse? flight attendant? A doctor? Do you like computers? business? Do you love sprots? Travel? Any interest in joining the military? Just think about what interests you, research it and go for it. 20 is a very young age and you have some time to think about what you want to do. I think that it’s very good that you can look at your situation and see that you want more out of life. The world is your oyster. but if you want more money you may need to think about your professionl path. As you can see, money doesn’t come easy.
Post # 9
@s.renea9: Unfortunately, age doesn’t make people better savers, nor does it mean you earn more money! Maybe you two can sit down and work out a budget so you can make sure you’re saving a little bit each month.
Post # 10
im 22 and im an office manager and i have a babygirl, if we can manage trust me you can too.
Post # 11
Dude, your 20. If you and your FI are making 37k a year thats amazing for your age. Your still having a wedding, your having a honeymoon, your thinking about buying a house, you both have jobs. This makes you lucky and better off than a lot of people, people who are way way older than you. You are just out of highschool and don’t have a degree, how much did you expect to be making? Im assuming the other Bees worked hard to have what they have, for most people, it’s not just handed to them.
Im not meaning to sound harsh, but this post comes of as extremely entitled. You have to start somewhere and work up to things in life. At your age, you still have soooo much time to change your situation.
Go back to school to do something you love doing. Don’t live above your means, if you can’t afford a house (I dont know ANYBODY who could at 20) they don’t buy a house. Dont spend money that you don’t have for non necessities, and save up. You will not be in this situation for ever, but you need to work to make it better. And honestly, I would rethink the relationship if your FI cannot maintain a stable job because he gets ‘bored’ and is unreliable. It also seems like both of you don’t really know who you are or what you want in life yet, maybe this is not the best time to get married.
Post # 12
Seriously, you’re supposed to be broke when you’re 20.
Post # 13
Honey you’re only 20! It’s never too late to go back and get a college degree (especially before you have kids). You don’t have to know what you want to do yet, you’ll find interests when you’re there. In state schools and community colleges are reasonable, especially in GA.
Post # 14
Also: You’re young with a whole lot of life ahead of you. If you want to go back to school for something else, it’s definitely not too late…it wouldn’t be too late if you decided you wanted to work a few years THEN go back once you know what you want to do with yourself.
Post # 15
I am nineteen and my husband is twenty-one. Combined we make about $20,000 according to 2011 taxes. I honestly think we are pretty well off. None of my friends make nearly as much as us. This year is a little better because I finally got a real job instead of babysitting and my husband just got a raise. We have our own apartment, pay our bills, and have money left to eat. It helps that my mom still pays for my insurance and gas but we could easily cover it if neccesary. We live in a good neighborhood, go out sometimes, and do what we want. On the other hand we also make budgets and try to stick to them as much as we can.
My husband is also starting school again in the fall but he has scholarships plus since we make so little he gets grants too. I am also starting school in the fall but again, its covered.
Sorry to be blunt here but what on earth do you spend your money on. I get that times are tight but maybe move to a smaller place? Make cheaper dinners? Cut the cable bill? Downgrade phone plans? Can you do some side jobs? If you find the right people, babysitting can pay a lot.
Anyways, I get were you are coming from but I just wanted to let you know it does get better, just take it on step at a time.
Post # 16
You’re still really young, you haven’t had a chance to build up savings, so that is why you feel poor (also, being on WB and seeing people spending a lot on weddings will make you feel poor by comparison anyway).
The thing is that the economy is tough right now and the things we always assumed would be true aren’t anymore–especially in terms of home ownership for many people. If you’re not feeling comfortable with your financial situation, don’t overextend yourself and end up house-poor (you own a home but all your money goes into the house). Do your research carefully for the area where you live to see whether renting or buying is a better option. Ask around to get advice from a lot of people in your area, especially those who may have recently purchased a home to get their take.