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Old 05-19-2015, 11:00 AM
 
Location: Tennessee
23,800 posts, read 17,725,620 times
Reputation: 27872

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There is a line of thinking (not entirely unjustified) that wealthy, successful Floridians made their wealth outside of Florida then moved to Florida later. A lot of people think Florida is just awful for professional work and is nothing but people making $10-$12/hr.

Did you earn a good living in Florida and were you able to save a substantial amount? If so, do you think other places would have offered you the same opportunities as Florida? If you fell flat on your face, do you blame the troubles on Florida's economy?
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Old 05-19-2015, 11:22 AM
 
Location: Seminole County, FL
9,806 posts, read 6,711,964 times
Reputation: 12354
I currently make a decent living in Florida.
My wife makes a great income in Florida.
We both graduated from HS and college here, and both come from fairly low-income upbringings.

It's possible.
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Old 05-19-2015, 11:30 AM
 
1,897 posts, read 2,159,176 times
Reputation: 1016
To be honest it depends on your profession because I'm sure lots of people could save more here in their line of work than working somewhere else more expensive. Most tech jobs seemed to offer high wages regardless of where you live at least that what it seems. I guess you can say Californian's should blame their economy for such a high cost of living but of course that is not the case. Yes a lot of wealthy people come here from other states which is not a bad thing because that means they spending money on our local businesses and not where they come from. I find it funny when some states laugh at the notion when their retirees move here because they act like yay a another loyal taxpayer moves out is a good thing. Sorry for being off topic but I was reading a thread and one person said he was making $90,000 a year in South Florida. But guess what ? He couldn't afford a house down there so he was willing to take a pay cut in Alabama just to buy his first house. So just because one place may offer a better salary to work with doesn't mean it overrides the cons of living in a more expensive place.

P.S. This just my two cents sorry if it not a personal story.
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Old 05-19-2015, 11:56 AM
 
Location: Almost to FL
257 posts, read 141,090 times
Reputation: 479
I am curious to see more answers to this question. My family and I are currently in CT. I work in banking and my husband re-finishes furniture but originally came from a construction background up until last year. From what I understand, my profession (mortgage underwriter) is fairly on par with what I make up here but not sure of the hubby HOWEVER, the cost of living in CT is outrageous and just continues to get worse. We can't wait to move down there...lol
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Old 05-20-2015, 08:57 AM
 
473 posts, read 647,525 times
Reputation: 402
Quote:
Originally Posted by Emigrations View Post
There is a line of thinking (not entirely unjustified) that wealthy, successful Floridians made their wealth outside of Florida then moved to Florida later. A lot of people think Florida is just awful for professional work and is nothing but people making $10-$12/hr.

Did you earn a good living in Florida and were you able to save a substantial amount? If so, do you think other places would have offered you the same opportunities as Florida? If you fell flat on your face, do you blame the troubles on Florida's economy?

I can't speak from my own personal work experience (as I moved from FL prior to achieving a working age), but my father found that for the aerospace industry, salaries in SE FL were much better than they were in Middle TN. Not as high as NE salaries, but considerably higher than Middle TN.
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Old 05-20-2015, 11:16 AM
 
Location: SW Florida
9,788 posts, read 7,085,846 times
Reputation: 14379
Quote:
Originally Posted by Emigrations View Post
There is a line of thinking (not entirely unjustified) that wealthy, successful Floridians made their wealth outside of Florida then moved to Florida later. A lot of people think Florida is just awful for professional work and is nothing but people making $10-$12/hr.

Did you earn a good living in Florida and were you able to save a substantial amount? If so, do you think other places would have offered you the same opportunities as Florida? If you fell flat on your face, do you blame the troubles on Florida's economy?
Yes, yes and no.
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Old 05-20-2015, 01:32 PM
 
Location: Pompano Beach, FL
389 posts, read 504,445 times
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"Did you earn a good living in Florida?"
Yes, in 28 years as a Florida resident, I have earned a good (although not lavish) living. My wife and I certainly don't have everything we want -- but we have everything we need.

"Were you able to save a substantial amount?"
Yes. As we approach retirement, we have a nice nest egg. Much of that is thanks to workplace 401Ks that offer a company match. It's a slow way to accumulate savings, but pennies do add up to nickels, which add up to dimes, etc., over the years. We've also invested prudently and haven't splurged on things we don't need and/or can't afford.

"Do you think other places would have offered you the same opportunities as Florida?"
I've spent most of my career with two companies that have operations throughout the country and have had chances to transfer, so the answer is yes.

"If you fell flat on your face, do you blame the troubles on Florida's economy?

It hasn't happened yet, thankfully. If it did, I'd be more inclined to blame the situation nationally as my work really isn't tied to the ups and downs of Florida. This is a good question for those who work in sectors that Florida traditionally emphasizes, such as real estate, construction and tourism/travel.

Last edited by Papillons2; 05-20-2015 at 01:45 PM..
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Old 05-20-2015, 05:11 PM
 
Location: FLORIDA
8,964 posts, read 6,302,934 times
Reputation: 3380
Quote:
Originally Posted by 85rx-7gsl-se View Post
I can't speak from my own personal work experience (as I moved from FL prior to achieving a working age), but my father found that for the aerospace industry, salaries in SE FL were much better than they were in Middle TN. Not as high as NE salaries, but considerably higher than Middle TN.

It has to be. To attract people to live in SE FL, in a field like aerospace, and also to get those to move to a much higher cost of living area.

Example: People arent going to leave Charlotte NC or Austin TX or wherever...for a place like Miami (in many cases) unless there is a big difference in pay.
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