(Closed) For those of you who make more than $50k per year

posted 10 years ago in Career
Post # 17
11324 posts
Sugar Beekeeper
  • Wedding: February 2011

I’m a lawyer (law school, bar, etc). I don’t care for it most of the time. 

My husband is a corporate accountant. He works for an insurance company in the investments area doing derivatives stuff. I don’t fully know what that means 🙂 He works pretty regular hours (9-6ish or sometimes 9-8 when it is busy). He likes it. He doesn’t have any advanced degrees, just a bachelors in accounting.

Post # 18
1565 posts
Bumble bee

DH and I are both in finance and each make significantly over 50K. We only have bachelors degrees but we went to a well-known business school for undergrad. One way to get into finance is to get an MBA at a good school. However, the hours are really, really long and travel may be involved.

I think PP brought up a good point about location – both salaries and cost of living are going to vary depending where you are. 

Post # 19
274 posts
Helper bee
  • Wedding: October 2011

I am 30, have worked my way up at a large corporation over the past 7 years.  I function as either a business analyst or project manager.  I do not have an undergrad degree.  I was probably in my job for 4+ years before I was able to move within the organization and see substantial increases in pay.

I am fairly satisfied with my job and hope to continue to working here particularly since I work from home.  Sometimes the hours are long but I’m paid on an hourly basis so it’s not bad especially when i can do it in my pajamas.

My Fiance was in your position.  He went back to school for a MBA in business.  This has definitely increased his opportunities.

Post # 20
2111 posts
Buzzing bee
  • Wedding: July 2010

I’m an Admin Assistant at an electricity company. I make $63K. BUT this company pays extremely well and all my other Admin friends don’t make nearly as much. It sounds like the average is $35-45K

ETA: Forgot to mention my schooling. I have a diploma from taking a 2 year program for Administrative Assistant at college.

Post # 21
8734 posts
Bumble Beekeeper
  • Wedding: September 2011

Fiance and I each have 4 year degrees from a top 10 university.

I work in operations/technology project management for a financial firm. Hours are usually 9-6 M-F with weekend work once ever 6 weeks or so. (I have my Series 7 and Series 63 certifications.) I was a biology major. My career has nothing to do with my actual degree.

Fiance works in technology & computer forensic investigations at a small private company. He works longer hours (and often has weekend work) but also gets paid overtime as well as getting company stock. (He was a comp sci major and has some other specialized certifications but no extra schooling)

However, we currently live in NYC and are looking to move to London so cost of living is very high for us even with our higher salaries.

I am 26 and he is 27. He’s been doing the same type of work since graduating college, I did 2 years in my line of work, 2 years in financial servicing, and am now back to project management work.

I’m thinking about getting my MBA, but more because I’m interested in getting a graduate degree and more schooling then for the change of career/bump in salary.

Post # 22
3563 posts
Sugar bee
  • Wedding: August 2010

My Dh makes over 50K…he works in finance, for a hedge fund. He actually doesn’t have any additional formal training besides college. He started interning while in college at a mutual fund or bank or something, and then got a part time job/internship while in college at a hedge fund. The starting salary in finance tends to be pretty high (not including bonus), so it’s definitely a lucrative field. However it’s not for everyone–I personally have no interest in learning about currency exchange rates and market trends, lol. He also works hard–12 hour days on the regular, with longer hours if something big is going on.

Post # 23
340 posts
Helper bee
  • Wedding: September 2010

I have just a B.A. – previously worked as a paralegal making $70k (if I chose to work OT, I could have made upwards of $90k+). Currently working in marketing in a law firm making same. Husband is a 10th year attorney so he makes significantly more, but did have to go to school to get his J.D.

Post # 24
3942 posts
Honey bee

It really depends on where you live. I  work about 40-45 hours a week and don’t travel (I traveled a lot in my old job). I have a B.S. degree and about 5 years in the field. I live in MA where the cost of living is ridiculous so even though I earn over $50K, it doesn’t get me very far.

Post # 25
1557 posts
Bumble bee
  • Wedding: June 2011

We don’t have high paying jobs yet (We’re both in grad school) but after graduating Fiance is hoping to get about $40-50,000 working full time for an architecture firm. Once he becomes a licensed architect (that will take several years and lots of tests) his salary will go up. I don’t really know how much b/c the market isn’t great right now, but some of the people he used to work with made about $80,000 a year. 

Post # 26
968 posts
Busy bee
  • Wedding: June 2011

I have a bachelor’s degree and Fiance has a GED. We both hold the same position in a marine transportation company (he worked his way up, while I used my degree to get the position). We both make six figures (he makes about $3K more due to longevity). We are both relief captains on towboats that push barges full of different cargoes to chemical/gas docks. Our hours keep us away from home a lot, but there are other options in the marine transportation industry that pay well but also don’t have as rigorous work schedules.

Post # 28
2512 posts
Sugar bee
  • Wedding: August 2011

I will be the odd one out here and say that I don’t have a degree. I have a 2 year diploma and make a bit over 55k.

I have been working straight out of college. I work in social services (social work). I work for a school board so that is why I get paid A LOT better then most people in my field. I work 8-5.

Post # 29
2214 posts
Buzzing bee

I will be a lawyer in a few months! Already have a job lined up, and I will be making over $50k.  It’s an 8-5 job.

Post # 30
3613 posts
Sugar bee
  • Wedding: May 2010

I make six figures but I’ve working in my field for 13 years. I have an MBA and work in financial/data analytics. I’m a Vice President (actually not that impressive of a title, there are hundreds of other VP’s where I work) and manage a small group of analysts. It was mostly seniority and promotions that got me to my current salary level. When I started here 9 years ago, I was making exactly half of what I was making now (but still more than $50K). My job is pretty comfortable in that I can make own hours (I choose to work 10 am to 7pm) and I can work from home one day a week.

My husband works for the same company in IT, specifically server support. He makes mid 60K’s. He complains it’s not much but he has it much easier than I do. He can work from home everyday if he wants to. He’s on call a lot and sometimes works nights and has to carry a pager most weekends, but he gets paid overtime for those. He has a bachelor’s degree in sociology so he was lucky to land a job in that field. He got it through independent study and certification exams that qualified him for the position. I wouldn’t mind switching to a lower paying job if it meant I can work from home all the time.

Post # 31
861 posts
Busy bee
  • Wedding: November 2011

I’ve been interning with a company for over 2 years now and a beginning analyst starts around $57k-$59k.  This particular position requires an engineering degree, but I’m also interviewing for a financial analyst position with a different company.  This other company could care less what your degree is in as long as you obtain the necessary analytic skills to get the job done (basic algebra, critical thinking, problem solver, detail oriented, good with Excel, etc.)  The starting pay is comparable.

ETA: it can be a little stressful to meet deadlines, but work hours are normal 40/week unless a major deadline is coming up.

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