how the heck do mid 20 year olds make 100k+?

[xanis]

I'm guessing that it mostly has to do with location, degree, and employer. I could be working for some small company out in Bumblefuck, Arkansas making shit pay with a degree in something, while a friend could be working somewhere else making double what I do. Also, I'm sure connections have a lot to do with it. Knowing people helps.

 

[iGas]

It is possible to make that kind of money fresh out of college, however that kind of salary are not the norm. It greatly depends on who you know, working location, and career path.

I have met 18~19 year old kids that barely out of high school that bring in $100++K per year during the boom of Alberta oil patch (before the 2007 crash). There are a few guys that are on my crew were working on the oil patch as pipe-fitters and they regularly bring home $5~$9K a week after taxes & deduction on the oil patch (most contract range from 12~40 weeks, with 2~3 weeks on and 1~2 weeks off in between).

 

[sjwaste]

Honestly, its not entirely that hard, but it does require dedication to work and little else. It's doable as a consultant.

At my old firm, they hired out of college around 65k. If you stayed and hit your promotions on time, it'd take about 7-8 years to make 100k. That's just under 30 for most.

Otherwise, guys and gals who did the Quantitative Finance program at my alma mater were cracking 6 figures in their first few years if you included bonuses. Yeah, it took 5 years to do a bachelors, b/c it was basically a triple major in finance, econ and math, but it paid off for them.

 

[Rubycon]

You make that easy by being stupid!

http://www.youtube.com/fredFredhttp://www.youtube.com/fred

Fred makes $146k / year according to this article:

http://finance.yahoo.com/tech-ticke...-making-100000-plus-per-year-yftt_535349.html


I'm sure some of the gems here could be on that list! What are you waiting for?

 

[xanis]

You make that easy by being stupid!

http://www.youtube.com/fred Fred makes $146k / year according to this article.

http://finance.yahoo.com/tech-ticke...-making-100000-plus-per-year-yftt_535349.html


I'm sure some of the gems here could be on that list! What are you waiting for?

That guy infuriates me, but I have to hand it to him. The dude found away to act like a mentally-challenged chipmunk and get paid big bucks for it.

 

[zerocool84]

That guy infuriates me, but I have to hand it to him. The dude found away to act like a mentally-challenged chipmunk and get paid big bucks for it.

Yep these guys get paid infinitely more than we do for acting like weirdos for people on the net. For what they get paid I'd sell myself out like that.

 

[Cable God]

at age 25-26, people are making 100k+
assuming that they are not investment bankers or anything that is extremely hard to get into with large bonus payouts, what type of jobs do they have to make that much income?
At 30+ years old, it's very reasonable, but 25-26 is only 3-4 years out of college.

These are people with B.S. or M.S. degree at most. NOT considering specialized professional fields like M.D., J.D., Pharm.D, etc.

If you personally knew or know anyone making that much at mid 20s, can you be specific with what degree and major they studied in college and their position?

I am not in my mid 20's anymore, but I didn't go to college. I went into IT right out of highschool. I think we put far too much emphasis on degrees. There are far too many idiots out there with degrees and no people skills. I can teach anyone to manage servers, networks, or datacenter electrical & cooling systems, but I do NOT want to have to teach them people skills. I can guarantee you that I am not alone in that mindset. If I were you, I would NOT focus on "what pays the most". I would focus entirely on what you ENJOY doing the most. Find careers in that area or ways to make money in those areas. You can make $200k a year, but if you hate it, it will show in your work, and you won't be making $200k a year for long if you even get to that point. You have to love what you're doing or you're just wasting time.

 

[howlinmad]

Credentialed actuary.

 

[SacrosanctFiend]

Master's, Professional certification, mining industry on an upward trend = 100k+ at junior management level.

Trade-off: 24/7 operations, always on call, international phone conferences at 3:00am

 

[zerocool84]

Master's, Professional certification, mining industry on an upward trend = 100k+ at junior management level.

Trade-off: 24/7 operations, always on call, international phone conferences at 3:00am

Damn well so no life at all. I'd rather choose to make ok money and be able to go out than have to work all the time.

 

[rcpratt]

Hopefully I'll be at 100k while I'm still in my 20s. Just need to average like 4 percent ( FUCK YOU % ) raise per year. And I'll probably get my MBA sometime which should help. My goal that I just made up is now 28 years old.

 

[SacrosanctFiend]

Damn well so no life at all. I'd rather choose to make ok money and be able to go out than have to work all the time.

It's not so bad. I spend 8 hours in the office 4 days a week, the rest from home. Get four weeks vacation and 13 public holidays.

My field allows me to do a lot of work over the phone/VPN; the other junior managers aren't so lucky, but we all get paid the same (sans bonus %). Not to mention, I like what I do and I get to venture 1800 feet below sea level in a landlocked state one or two times a week.

 

[zerocool84]

It's not so bad. I spend 8 hours in the office 4 days a week, the rest from home. Get four weeks vacation and 13 public holidays.

My field allows me to do a lot of work over the phone/VPN; the other junior managers aren't so lucky, but we all get paid the same (sans bonus %). Not to mention, I like what I do and I get to venture 1800 feet below sea level in a landlocked state one or two times a week.

You don't make it sound that bad.

 

[InflatableBuddha]

It is possible to make that kind of money fresh out of college, however that kind of salary are not the norm. It greatly depends on who you know, working location, and career path.

I have met 18~19 year old kids that barely out of high school that bring in $100++K per year during the boom of Alberta oil patch (before the 2007 crash). There are a few guys that are on my crew were working on the oil patch as pipe-fitters and they regularly bring home $5~$9K a week after taxes & deduction on the oil patch (most contract range from 12~40 weeks, with 2~3 weeks on and 1~2 weeks off in between).

Well, yea, but then a lot of them are stupid enough to blow it on (hookers and) blow. Seriously.

 

[Leros]

Be one of the top people in your class at a top university. You can get starting wage of $80k+ easily.

 

[chedrz]

One of my chemical engineer buds started at $93K fresh out of college.

 

[tranceport]

Did you have the good sense to save or invest?

He invested in .com

 

[Cheesetogo]

http://swz.salary.com/salarywizard/layouthtmls/swzl_compresult_national_hc07000011.html

 

[Gibson486]

LOL...don't shoot for it. You are gonna see reports that say people of this major make that much a year. It's all fudged. I am pretty sure colleges pay those sites to make the reports so they can always get fresh blood into schools.

It one report, they said Enginners make an avg of 72K out of school with a BS. Avg? no way. I am pretty sure some do make that much out of school, but it's close to the high end. Avg would be more like 60K for an engineer.

 

[Powermoloch]

It's possible to make $130 K a year, working at home and post on AT.

of course, you WORK at home 24/7

vacations kiss them good bye.

 

[RPD]

If you get into 100% commissioned sales and are actually GOOD at it, you can make bank fast. Typically however it takes YEARS to build up the clientele.

 

[RPD]

And I'm not talking about knifes or vacuums here, medical supplies, HVAC equipment etc. Big ticket items.

 

[Imdmn04]

It is not the norm, but it is not that rare either.

In coastal cities or places with high cost-of-living, engineer undergrads can make 70k+ out of school at 22. If they change one job in between and got two step promotions, they are looking at 100k+ by the time they are 27.

 

[Ms. DICKINSON]

My sister's a registered nursing. 28yr old @ $130K. Started @ $70K 5yrs ago.

 

[Argo]

It's actually not that hard. For a lot of careers (computer science, for example) you make 100k after 4-5 years if you work for a top shelf company. You have to be good to work there, but it's nothing out of the ordinary.