/biz/ - Business & Finance

[Anonymous No.30088758]

My brother makes 55k a year doing a factory job that requires no degree and no experience in a low cost of living town. Did I fuck up by going to college?

[Anonymous No.30088840]

>>30088758
hes probably miserable

[Anonymous No.30088883]

>>30088758
That's not that much money desu

[Anonymous No.30088950]

I bet you he's been working for over a decade and was paid $16,000/yr when he first started

[Anonymous No.30088978]

>>30088758
Depends. If you end up working a job that you hate AND barely make more than him, then yes, you fucked up.
The point of going to college is to get to work with something your passinate about or make a lot of money.

[Anonymous No.30089020]

>>30088758
he probably works 60 hours a week on swing shift to make that much money.

t. former factory wagey (now white collar chad) whose faggot boomer team leaders routinely said "YUH CAN MAKE $50K A YEAR IF YUH WORK" (on $16/hour base pay)

[Anonymous No.30089078]

>>30088883
it's more than OP will be able to make. lol

[Anonymous No.30089082]

>>30088758
Yes.

[Anonymous No.30089086]

>>30088758
>College
Are you genuinely retarded anon?

[Anonymous No.30089104]

>>30088758
I’m 20 and have made more than that on an annualized basis since March of last year doing call center sales for a cable company. You more than likely fucked up if you went into debt.

[Anonymous No.30089165]

>>30088758
Depends. If you end up working a job that you hate AND barely make more than him, then yes, you fucked up.
The point of going to college is to get to work with something you're passinate about or make a lot of money.

I know a guy who is doing a ph.d. in physics. Physicist don't get paid well in my country, he will most likely never make >$100k in his life. But he's very passionate about physics and loves doing research and teaching. I'd say going to college was a very good decision for him. It's not all about money. Far from.

[Anonymous No.30089739]

>>30088950
No, he's only been working for a few years.

>>30089020
He works 42 hours a week on average.

[Anonymous No.30089808]

>>30089739
Okay then it's over for you. Ask him to get you a job there

[Anonymous No.30089812]

>>30088758
Yes. College is a fucking scam

>>30088883
Better to make 55k as a high schiol drop out than 30k as a college graduate in debt

[Anonymous No.30089850]

What does he do there making 27.50 an hour? Is he a manager or something?

[Anonymous No.30089870]

>Factory job
Listen anon, the good thing about college is you can get away from physical labor and save your body. Yes you can make good money working in construction or something, but it's blue collar and hard work. Office jobs are easy as fuck and pay just as well.

[Anonymous No.30090080]

>>30088840
>Better to make 55k as a high school drop out than 30k as a college graduate in debt

[Anonymous No.30090223]

>>30089812
The only schools that aren't a scam are ivy league or similar. Hiring departments coom over ivy league degrees, you can pretty much get a job anywhere with them from clout alone

[Anonymous No.30090238]

>>30088758
55k is not, and i am sorry to tell you this any real amount of money. 55k is "I don't live in a hut level". If it seems like a lot of money, you are very very very poor currently and i am sorry for you. You can do better. Differentiate yourself bro. 100k + a year is simple (not easy), but not by just "working a 9-5.. If the only thing you need to get the job is a piece of paper and a pulse NGMI.

[Anonymous No.30090290]

>>30088758
I make around 55k doing mostly fuck all at work because of my degree so uh there you

[Anonymous No.30090357]

>>30090080
This, plus you have those years of work experience over a college grad with little to no internship or work experience.

[Anonymous No.30090365]

>>30090238
Unironically the only amount of money that's going to be a major change in lifestyle is $300k+. You're not going to be able to save your way to an $8 figure portfolio on only $100k. $100k is still wage slave the rest of your life tier unless you make a very nice investment. Especially if you have kids.

[Anonymous No.30090370]

>>30088758
Ultimately the education you received can be done by anybody, you can teach yourself anything. The practice of commitment until completion, hopefully taught you to think conceptually and subjectively.

If after all these years of education, you can't think rationally with means the means of information that's available to you. Then yes, the money you spent went to waste.

[Anonymous No.30090397]

>>30090238
>low cost of living town.

[Anonymous No.30090398]

>>30089812
Going to college in America* is a fucking scam.
There is no shame in being educated/ skilled in a field you enjoy.

[Anonymous No.30090443]

>>30089104
>on an annualized basis
What did you mean by this?

[Anonymous No.30090506]

I made that being a Pepsi Merchandiser. How much OT does he work a week?

[Anonymous No.30090595]

College is half scam. Went for a bit for a meme degree. Applied for an electrical apprenticeship. Worked hard for 5 years to get my journeyman license. Have a chill position now at a utility company locating underground wire and gas lines. 117k base a year. Pretty comfy. Trade work isn't for everyone I barely use the shit I learned at this job.

[Anonymous No.30090647]

If I am to believe the stories on here, 55k is pocket money, lunch money, nothing. Anybody got any tips for a 19 year old trying to outdo his brother 10 years his senior who is making 100k a year? Zero wage slaving and only got 2k to my name. If I can find a 100x coin I outdid him big time.

[Anonymous No.30090690]

>>30088758

Uh... average college grad with at least a 3.0 makes $120k+ starting these days.

[Anonymous No.30090714]

>>30089870
>save your body
>Office jobs are easy as fuck
and yet office workers are so soft that they have back problems,carpal tunnel and tennis elbow from being effeminate liberal onions faggots who work on a pc and then go home and play/fap in front of ANOTHER screen

[Anonymous No.30090746]

>>30090595
wtf I make 18 pr/hr doing that stupid fucking shit. do you work for meade?

[Anonymous No.30090755]

>>30090690
Unironically if you live in New York or majored in CS

[Anonymous No.30090782]

>>30088758
Yes. I would have been a millionaire had I never went to college. No larp

[Anonymous No.30090785]

>>30090398
>>30090398
University made me enjoy my field a whole of a lot less.

[Anonymous No.30090808]

>>30090647
>I am to believe the stories on here, 55k is pocket money, lunch money, nothing. Anybody got any tips for a 19 year old trying to outdo his brother 10 years his senior who is making 100k a year?
It's literally more than the average household income in the US & most of Europe

[Anonymous No.30090821]

>>30088758
Judging by the information given: yes

Congrats on being the family fuck up

[Anonymous No.30090826]

>>30090647
Wrong attitude bro....

[Anonymous No.30090869]

>>30090690
They really don't though, at least not in smaller towns. 50k in a small town is equivalent to 100k or more in a big city.

My other brother had a 4.0 in mechanical engineering, a consistent work history, and an internship and is only making like 75-80k a year right now in a mid sized city.

[Anonymous No.30090879]

>>30090223
You are retarded. Ivy league are the biggest scams and the prestige of a college doesn't mean jackshit in the real world. Unless you're majoring in something very technical, all that piece of shit paper is good for is for the HR bitch to be able to check a box aka no auto rejection with jobs

[Anonymous No.30090887]

>>30090647
>it's another 19 yo with a poorfolio of shitcoins
>"just need that 100x bro!"
kys

[Anonymous No.30090889]

>>30090690

Rude awaking coming for this one.

What is the average salary for college graduates?
Recent college graduates still make about the same amount of money they have for the last several years despite tighter and more competitive markets. While there are a few outliers, the general average salary for college graduates comes to about $50,000 according to a recent National Association of Colleges and Employers (NACE) salary survey. Those who majored in computer science, engineering, mathematics, health sciences and business were the highest earners, with salaries ranging from $52,000 to $71,000.

[Anonymous No.30090949]

>>30090869
>My other brother had a 4.0 in mechanical engineering, a consistent work history, and an internship and is only making like 75-80k a year
I make 100k has a union electrician

[Anonymous No.30090967]

>>30090690
Good one

[Anonymous No.30090973]

>>30090887
And what you came out of the womb knowing everything?

[Anonymous No.30090974]

>>30090889
>http://www.thelightsinthetunnel.com/

[Anonymous No.30090983]

>>30090690
Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha
fucking WHAT? The FUCK? That's like senior engineer pay. Holy fuck, man. At best you can expect about 30-40k starting pay with very slow upwards mobility if you're lucky. Also capping at 60k

[Anonymous No.30091003]

A diploma is basically a license saying you're 99% safe for a company to employ. You've gone through the woke brainwashing and proven you aren't retarded enough to flunk out.

It's not a mistake if that "license" is practically useful in some way. Aggressively follow your field and you'll make it to manager by your mid-30's but you should be investing as well

[Anonymous No.30091019]

>>30090949
Again, it depends on where you live though. I am not saying he is making nearly as much as he could, although he is doing well for himself, but salary is rather meaningless without taking into account cost of living of your area.

[Anonymous No.30091036]

>>30090746
I don't know what meade is. Most of the locators around here make that, they locate att and comcast lines. I only do electrical and gas.

[Anonymous No.30091042]

forget about this cheap shit
don’t follow this scam
>you shouldn’t be genius to understand how to get profit on staking
check JustLiquidity on BSC
>no reason to pay 45% of your portfolio on fees and taxes

[Anonymous No.30091086]

>>30090879
This. I worked in a cubicle (software engineering) right next to a guy that went to MIT for his B.S. and Harvard for his M.S.. I didn't know his finances, but you can bet they were fucked with student debt.

[Anonymous No.30091103]

>>30088758
I got a degree and make 70k/yr in a low cost of living town

[Anonymous No.30091152]

>>30090869

lol no. If you live in a big city, you'll make $200k+ starting and save more in a year than you'd gross in 2 in s small city.

>>30090889

we have to pay college grads $110k starting and if they negotiate up to $130k. And they have like 2-3 other offers. Anyone who is not autistic that is.

[Anonymous No.30091160]

>>30088758
did you get any college pussy?

[Anonymous No.30091221]

>>30090595
>>30091036
I'm union inside wireman. Make 57 an hour and that is complete dogshit where I work. I take all the money home with me where that will go a long way.

[Anonymous No.30091238]

>>30090714
this is literally me except i dont use a pickaxe. 6th year journeyman ironworker, welded 4 years (easy as fuck) connector for 2. making $87/hr in michigan. I work 6 months, make $130k, then fuck off for 6 months.

[Anonymous No.30091336]

>>30091238
Based

[Anonymous No.30091357]

I make 140k as a developer. I didn't go to college. I barely do any work. Generally just fuck around on a Scandinavian underwater basket weaving forum and watch twitch all day. Was going to college a mistake? You tell me.

[Anonymous No.30091358]

>tfw fell for the boomer "all they care about is that you have ANY degree" meme advice and am stuck with a shit degree and no prospects (but no debt at least)

damnit i just want an ez white collar paper-pusher office space-tier job but i guess they all got automated away or just go to friends/family

[Anonymous No.30091362]

>>30091036
You're full of shit then, I locate comcast, att, verizon, electric + gas + various fiber networks in the midwest and it's the worst fucking gig ever I hate it. There's no way you're making that much doing that much less work than I do. desu I checked out actually and after a damage free year I've done a 180 and stopped caring, at all. hopefully i get fired sometime in the next few months and collect unemployment. all they gave me was a shitty fucking jacket for busting my ass 60+ hours per week and getting no damages to show for it. fuck this stupid fucking job.
>117k
you don't deserve it

[Anonymous No.30091373]

>>30090949
But that's not typical at all is the point.

[Anonymous No.30091401]

>>30091042
kill yourself pajeet

[Anonymous No.30091425]

>>30088840
this.

I worked a factory job and I can tell you factory jobs kill your soul, your joints, your back, and will to live. You think you have it bad, wait till you work in a manufacturing plant. breaks are strictly monitored, time is strictly monitored, quotas are increased which means you work overtime, you will make your quota or you're working the weekends, you will eat their food or with marked up prices or eat from a shitty ecoli food truck, you will enjoy and suck up to your foreman so he's off your back, you will show up on time NO EXCUSES or the line doesn't start and you're canned. You can't even take a shit break.

[Anonymous No.30091448]

>>30091238
Wage slave for 6 months 9 to 5 in the heat, yea have fun with that faggot. Tree work is bad enouh for me, blue collar shit sucks these days wouldnt be surprised your a mexican

[Anonymous No.30091533]

>>30091238
how'd you get into that and what sorts of things do you work on, if you don't mind my asking? My brother mentioned wanting to get into welding recently.

[Anonymous No.30091552]

>>30090973
>he's 19
>he has 2k
>he's looking for that 100x so he can retire
I'm telling you to reevaluate your plan. It's shit. Just buy BTC or get a fucking job.

[Anonymous No.30091559]

>>30091362
How am I full of shit? I live in commiefornia. 117k isn't jack shit a year. I mainly got hired for my license. Dumbass locators were throwing their leads down in electrical vaults and blowing shit up. I wouldn't do this shit for less it's pretty damn stressful and you put a lot of faith in contractors not ignoring my marks.

[Anonymous No.30091583]

>>30088840
>>30091425
This. I work at a factory right now. Been there for 3 years. Literally EVERYONE wants out but 70% of people are stuck. I'm trying to escape with crypto.

It is soulless, mind breaking work. If not for my adderall prescription I already would've walked (which people have).

I actually have a large amount of seniority for only being around 3 years.

The turnover is terrible and the company lies about it's quality. Pack-outs don't give a shit about quality after audit time. Everyone knows it, including them. If a quota is to be met, fuck quality.

It's sketchy, it's dirty and it's hostile. I make good money but FUCK.

[Go back No.30091625]

>>30091238
Based welder

[Anonymous No.30091639]

>>30090647
*Take your 2k and convert to crypto, buy drugs with crypto, sell drugs locally for profit. Repeat this until you have enough to make decent APY from staking.
Alternatively you could just swing trade. Less illegal (if you pay taxes), but takes much longer.

*This post does not constitute financial advice.

[Anonymous No.30091727]

>>30091425
Do you live in China or something? My experiences haven't been like that at all. The work is usually easy and the people are generally pretty chill.

Honestly I don't think the work itself matters much when it comes to happiness. It's more about the commute and what is waiting for you at home.

[Anonymous No.30091787]

>>30090714
This is a good point. Office jobs are shit if your only hobby at home is playing around on the internet.

[Anonymous No.30091870]

>>30091727
wait for it...

TESLA MOTORS in california. I'm dead serious.

[Anonymous No.30091899]

>>30091533
joining the union is like getting in the mob it is about who you KNOW and what you can DO for them

[Anonymous No.30091908]

>>30091357
I've always dreamed of having a gig like that, anon. I remember working on a guys house and he was heading off to his cyber security job and I noticed he had a bag of DVDs in his hand. Apparently he makes $80-100k/yr to sit in a room with his work bros and monitor shit, where nothing ever happens so they watch movies a lot of shifts.

[Anonymous No.30091942]

I make 60k+ in a mill being an electrician. Sit around for 2 hours. Meetings for 1 hour. 5 hours of walking around checking shit or diagnosing. Pretty sweet gig. And if i want. 50 dollars an hour on sunday. Yah. College degrees are for rich people who want to be desk pushers

[Anonymous No.30091969]

>>30090443
He's uneducated so he doesn't know the difference between calendar year and fiscal year

[Anonymous No.30091979]

>>30088950
Starting pay for me was 45k in a factory. You just have to not be a grunt.

[Anonymous No.30091984]

>>30091727

It's important to note Tesla doesn't allow unions.

[Anonymous No.30092155]

The american lifestyle is wild. You people massively overconsume and then complain about having to work all day and night to pay for it.

[Anonymous No.30092213]

>>30092155
Because we run things that's just the way it is if you don't like it there's the door simple as.

[Anonymous No.30092237]

I’ve never lived in a big city, as far as I can tell the biggest difference in cost of living between small towns and large cities is the cost of housing/rent.

Is this correct? You can rent a two bedroom apartment in Nebraska for like 650-800 dollars a month, what does that cost in, say, Dallas? Oklahoma City? LA?

What other COL differences are there? Does food cost a lot more? Because people saying 50k in Nebraska is equivalent to 100k in a city seem to be exaggerating. Are you speaking strictly about LA/SF/NYC?

Random factory grunts in Nebraska don’t make 55k, they make 14-18 dollars an hour. A fresh out of college engineer earns 55-60k here.

[Anonymous No.30092275]

>>30091727
Went to tesla motors the other day for a job. Big place, strict security. Also fuck that side road to get into the place. Taking a guess you worked at the Fremont spot?

[Anonymous No.30092278]

>>30089020

I've concluded that most 'motivation' techniques actually do the precise opposite, and this is by design. Whenever one of these faggots tries to motivate me, I want to quit. Why would they do this? I think it's to weed out the non-conformists, and humiliate the normies.

Many such cases.

[Anonymous No.30092422]

>>30092237
groceries are almost more expensive if you pay attention
parking, gas also, these things add up

[Anonymous No.30092574]

>>30092422
By how much? Twice as expensive for groceries? 10%?

[Anonymous No.30092578]

>>30092237
Multitude of things. Rent is more expensive, sometimes gas is more expensive, going “out” can cost a bit more, restaraunts charge more, etc. obviously everything isn’t across the board on those, you can live in an expensive area and be smart with your money/not wasteful. When I lived in ND during the boom, a shitty rundown 2 bedroom apartment was $1200. I still had to go to the laundromat.

[Anonymous No.30092622]

>>30092275
yes. it sucked balls, fucked up my back there from hitting it with the edge of car door frame and tried to get legit help from the doctor (provided by tesla) but said i was fine. Still have a tingling sensation in my right shoulder when it move it, that was 3 years ago.

[Anonymous No.30092794]

wildland firefighter for 6 years bros. i'm done. i'm out. i will wage in a fucking amazon cage before i do another summer of that shit. it puts your entire life on hold and gives you jack shit for marketable skills outside of it. it's the biggest career black hole i've ever seen.

do any of you former manual laborers who got into a better career have any advice? i'm a 30 year old boomer and my body is on its way out from the job. I have an interview with a fire alarm technician tomorrow, low voltage work, some lift work too, not entirely sure honestly.

[Anonymous No.30092891]

>>30089870
This
I'm retarded and majored in a social science and now have an office job making $55K. I worked construction during summers while I was in college and I'll take a bullshit office job with a retirement plan over manual labor any day

[Anonymous No.30093009]

>>30092891
>I'm retarded and majored in a social science and now have an office job making $55K
please anon please tell me how. i have a similar degree. i'm so fucking desperate. i've tried call centers, everything. I just need my foot in the door for the most basic white collar shit and i will be in heaven.

[Anonymous No.30093044]

>>30092237
Im from Nebraska. Im from a small town. 25 an hour. Double pay on sunday dude. And i just started with 3 years experience. And i sit around 3/8ths of the time. Im skilles labor but the grunts make about 18 an hour. Sweepers 15. Plus my rent is 525 a month. I pocket like 20k a year and buy stocks and crypto. I might retire before im 30 at this rate.

[Anonymous No.30093056]

>>30091533
If you work in a state that has strong unions, then that's the way to go. Applying for an apprenticeship is the first step. Find a trade you're interested in and look up the union for the trade in your area. For instance, I'm a ceiling guy up in the NW Carpenters union. I build and install the acoustical tile/grid systems you see in a lot of commercial buildings and do some cool custom wood ceilings on occasion. I'm making like 28 an hour as a first year apprentice, but when i journey out ill be making like 53 an hour. Its a good gig and the benefits rock

[Anonymous No.30093068]

>>30092794
I was in the same boat, but ended up going electrician. I have a few more years of doing this full time till I can hopefully manage to enter into building or GC work on the side and then hopefully will have enough saved so I can buy some property when the market collapses next and rent them out once it picks back up.

[Anonymous No.30093504]

>>30092237
I live in a big city and pay $800 a month in rent for a 2800 square foot apartment with two of my friends, 20 minutes on the subway from my office downtown. I don't have a car and shop at Aldi and spend $30 a week on groceries. I can't wait to someday leave the city and buy a house in the suburbs but it's pretty comfy for right now

[Anonymous No.30093535]

I used to work at a meat plant , money wasn't bad earned almost 800pw ,bl but my god it was a soul destroying job , you barely used any logical reasoning.. it felt dead end for those who never made it and are now stuck at the basement of society working... That said it did at least teach me how to skin/gut a cattle I guess that could be useful one day

[Anonymous No.30093747]

I make 80k because I’ve become a knowledge powerhouse in my my sector of o&g but it took a few years of being thrown to the wolves and coming out clean to get here. Now I really spend a majority of my time helping others get better at their job and ensuring projects get completed safely and efficiently. Pay doesn’t feel like a ton but it’s enough to play around with and I’m happy

[Anonymous No.30093953]

I’m 18 and install solar for my uncle, did it for under table cash since I was 16
Investing my money in stocks and shitcoins since I can afford it bc living with parents. I’ve 8x’ed my shitcoin money and done pretty good on stocks
Will I make it one day, bro’s..?

[Anonymous No.30094012]

>>30093009
Look into insurance companies, specifically underwriting jobs. Theres a ton of entry level jobs in insurance that don't require any skills beyond a college degree of any major. Some of my coworkers studied business but others were humanities/social science majors.

I'll be honest, you probably won't get rich, but you can easily start making $100K within 5 years if you work hard/take industry courses which most companies will pay for. Some of my co-workers do make over $200K too and started out with entry level and no actual skills. If you're as retarded as I am this is your best bet

[Anonymous No.30094102]

I make 180k TC in Boston with 1500 rent + 500 utilities/internet etc, so 24000 a year. 180k * .7 (taxes) is 125k

I would need to make 100k in a rural area and not pay any rent, utilities, or taxes to get the same take home.

[Anonymous No.30094505]

>>30094012
spectacular advice anon. any way i should shill myself to them? i don't care about getting rich from waging, just need enough to support myself. ill get rich off of side hustles, investments and gold digging rich women

[Anonymous No.30094573]

>>30090983
this is the truth

[Anonymous No.30094644]

>>30091984
Same with Amazon
they are trying to union bust a few states at the moment

[Anonymous No.30094780]

commercial hvac, 100k a year and they put 10 an hour into your 401k per hour worked, plus pension. Kinda sucks but better than a majority of jobs. Best job in the world is actually chicago fire department, literally work less than 40 a week after accounting time off and only drive to work a few times a day, and have 2/3rds of the year off while making 100k

[Anonymous No.30096087]

>>30088758
> Have a degree in geophysics.
> Environmental sciencist
> 45K - 50K a year
> In california

College is a fucking waste. I just want a pretty gf/wife and then earn enough crypto to stake and go to music school. Literally my fucking dream to just play

[Anonymous No.30096201]

>>30088758
Working at a factory sucks though
t. Worked at tire factory for 4 summers. Not worth the money