Current Events > Is $30,000 a good salary?

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Cotton_Eye_Joe
06/06/23 12:21:53 PM
#1:


Is $30,000 a good salary?


Just out of college and pre-family,

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Bass
06/06/23 12:23:12 PM
#3:


Not even close, unfortunately.

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PerseusRad
06/06/23 12:23:23 PM
#4:


If thats take-home and you live in a low cost area, its okay for what it is. But an emergency will put you out pretty bad.

But if its just salary, thats not excellent, but also better than $0, which is what some people make if they cant find a job right out of college, which happened to me and people I know.

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#6
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RyukSan
06/06/23 12:26:47 PM
#7:


Average food service makes more than that, no.
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TheGoldenEel
06/06/23 12:27:11 PM
#8:


Thats less than $15/hour assuming you work a 40 hour week

so no

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Cotton_Eye_Joe
06/06/23 12:27:19 PM
#9:


[LFAQs-redacted-quote]

Could you survive on that if you had a wife with a really nice job?

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Samurai_Man
06/06/23 12:27:39 PM
#10:


Just out of college, unless you went highly specialized your probably gonna make 38-50k out the gate.

Get experience, certs. etc and can you get into 6 figures within a few years. I graduated in 2018 and make 6 figures as of now. IT sector pays well. Out of college I made 40k fresh out the door

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itachi15243
06/06/23 12:30:34 PM
#11:


That's literally around minimum wage here. Maybe 25, 50 cents more.

What's you degree in?

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NeonTentacles
06/06/23 12:31:09 PM
#12:


Hell no, I could barely get by when I used to make that

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Shadow_Don
06/06/23 12:31:37 PM
#13:


Out of college thats like really really bad.

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RyukSan
06/06/23 12:33:06 PM
#14:


Samurai_Man posted...
Just out of college, unless you went highly specialized your probably gonna make 38-50k out the gate.

Get experience, certs. etc and can you get into 6 figures within a few years. I graduated in 2018 and make 6 figures as of now. IT sector pays well. Out of college I made 40k fresh out the door
I'll take it a step further and say you don't need a degree to get into IT. Just a cert can get you in the door.
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EndOfDiscOne
06/06/23 12:34:14 PM
#15:


I was making that in 2008 and it felt okay at the time. I had roommates though.

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Samurai_Man
06/06/23 12:36:21 PM
#16:


RyukSan posted...
I'll take it a step further and say you don't need a degree to get into IT. Just a cert can get you in the door.
Your right, you don't but it helps. I got my current job just by having experience but they also required the degree. I have a nice title and salary now, degree definitely helped. But funnily enough I didn't even go to college for IT, it was only my Minor. I just enjoy it more and the benefits of WFH

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willythemailboy
06/06/23 12:43:18 PM
#17:


Depends where you live. I know people who have bought houses making that - last year, not 20 years ago.

If you're in a major city, no.

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Cotton_Eye_Joe
06/06/23 12:52:06 PM
#18:


willythemailboy posted...
Depends where you live. I know people who have bought houses making that - last year, not 20 years ago.


They probably paid the down payment with inheritance from grandparents or something,

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Samurai_Man
06/06/23 12:58:54 PM
#19:


Cotton_Eye_Joe posted...
They probably paid the down payment with inheritance from grandparents or something,
This. A lot of people don't state it publicly but they definitely have family or grandparents handing them 10-30k for down payments.

They will 100% act like they did it themselves though LOL

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willythemailboy
06/06/23 1:00:34 PM
#20:


Cotton_Eye_Joe posted...
They probably paid the down payment with inheritance from grandparents or something,
Some of them, maybe, but I don't make much more than that and I could drop a sizable down payment right now if I needed to. Bought my current car (used, obviously) with cash, not financing. It can be done if you don't have dependents and live like you are still in the college dorm.

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RyukSan
06/06/23 1:03:18 PM
#21:


Samurai_Man posted...
Your right, you don't but it helps. I got my current job just by having experience but they also required the degree. I have a nice title and salary now, degree definitely helped. But funnily enough I didn't even go to college for IT, it was only my Minor. I just enjoy it more and the benefits of WFH
Wasn't disagreeing with you that it can help.

Was just saying you don't necessarily even need it for those who didn't go, or like myself who didn't even bother to finish.

I just got a cert and started off at 50k about 3 years ago. Now I make a lil over 100k.
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Neo
06/06/23 1:08:21 PM
#22:


You're going to be struggling significantly on that salary.

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FL81
06/06/23 1:18:18 PM
#24:


inflation alone bumped my earnings above that

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Prismsblade
06/06/23 1:32:42 PM
#25:


No, especially with today's inflation. If you can find a roommate earning around the same I'd recommend doing so.

Also if your company has a 401k invest into whatever the company match is ASAP. And continue doing so for the rest of your working life.

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ReDaZnDraGoN97
06/06/23 1:37:17 PM
#26:


hell no thats trash

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