$50K/year for a single 28 year old male.... (income, savings, average)
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A single male with a bachelor's degree is currently making $50k a year.... Would you...in ur opinion think that this individual is making a decent living for 28? or Is making $50k/ year pathetic?
Somebody told me...."sounds depressing" when I told them what I made..lmao now I know im not burning down the world with my salary, but I thought I was doing OK at the very least..... Now, I'm thinking I'm not......
what do u all think? How much should a college-educated 28 y/o be making?
i guess it depends on when he graduated and his career interests. some career interests are going to limit him to that amount or less and i think thats totally fine and respectable, esp if he enjoys his job and manages his money well. if he went back to school later and just started out within the past few years i'd also say it was respectable. it could be below average or average starting salary for some career fields, though, and if he had graduated at the normal 21-23 i'd wonder why he hadn't advanced. either way, he's making more than the median income so he's doing alright compared to the general population.
i wouldnt take what the other person said to heart. in fact i wouldn't even share your salary at all, especially with insecure jerks who are going to try to find any way they can to bring you down.
edited to add that my boyfriend is 31 and college-educated and i would be THRILLED if he was making 50k
Location, location, location... Please tell us where you are from and we could help you out better! I am in Chicago and I make above 50K a year. I am only 23. I like to think I am doing very good for my age but if your in the sticks, then you most certainly are doing well for yours.
Location, location, location... Please tell us where you are from and we could help you out better! I am in Chicago and I make above 50K a year. I am only 23. I like to think I am doing very good for my age but if your in the sticks, then you most certainly are doing well for yours.
50k/yr is solid. Anyone that disses it lives in a cave or thinks they are entitled to more because they had some preconceived notion they were going to automatically earn "x" coming out of school.
The trick is your ability to graduate from that 50k. Obviously working the same job because of lack of oppts for several years and earning the same amount is not ideal.
50k should be able to provide easily for a nice apartment/rental, a reliable car and room to buy some nice things once in a while and have money for savings. Personal spending is completely subjective to the individual, but on paper, when necessities are put on the table, you can see how YOU stand.
Have you done a monthly xls of your expenses? That should give you a good idea if 50k is ok for you.
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