How much money did you make in 2016? (1 Viewer)

[AAABatteries]

He certainly runs a wicked FBG t-shirt exchange.  100% compliance? 

That's because of his boxing skills.

 

[the moops]

100k barely gets you middle class on this board...this thread proves how out of touch most folks are in here with real America.

Your shtick is quite repetitive

 

[Ministry of Pain]

Your shtick is quite repetitive

It's the truth it's not schtick!

 

[Ministry of Pain]

I'm working poor, 40k :(

 

[xulf]

Its ridiculous how fast money disappears.  36k into 401k plans, 10k into 529s, mortgage, car payment and somehow we spend a ####ton on groceries because our CC bills are obscene.  I swear we saved way more on less than half/third our salaries (prekids and smaller house but still...).

 

[the moops]

I honestly don't know how someone making 80k a year in Boston DC etc makes a life off so little. 

Yea, a single person making more than a majority of HOUSEHOLDS make must be a real struggle

 

[AAABatteries]

Yea, a single person making more than a majority of HOUSEHOLDS make must be a real struggle

It's hard to know when MOP is schtick but that general point is a good one - must of us have no concept what it's like to try and live on 25k.  Many people on here get a yearly bonus that's exceeds that.

 

[TLEF316]

Base income is just under 6 figures.  401K matching (assuming we're counting that) puts me over as would any bonus I get. (not guaranteed, as it only goes to the top few performers  on the team and I'm probably mid-pack in my first and hopefully only full year on the job)

33 and single with no debt other than very reasonable car (a ford)and mortgage payments (2 BR condo that I bought when I was making like 55% of what I'm making now)   so I'm pretty comfortable. Cost of housing here in central Jersey is absurd, so upgrading to a much bigger place hasn't really been a priority (would be nice, but with the job uncertainty, I don't to commit)

 

[Dinsy Ejotuz]

Roughly four out of every seven people answering the poll make at least twice the average HH income in the US.

 

[Da Guru]

Its ridiculous how fast money disappears.  36k into 401k plans, 10k into 529s, mortgage, car payment and somehow we spend a ####ton on groceries because our CC bills are obscene.  I swear we saved way more on less than half/third our salaries (prekids and smaller house but still...).

I was just thinking the same thing. In the last 7 days my wife and I went out to dinner twice and the bills were 73.00 and 84.00 and the food was very average at best. Spent 105.00 at Kroger on a bunch of BS, went to Home Depot for some light bulbs and decorations and it was 75.00, met some friend for a couple cocktails and some apps and split the tab it was 65.00 a piece. Now I get up this morning and open the fridge and there is not chit in the house and I have to go to Costco and that will be at least 150.00

That will be around 500 for a bunch of nothing!

 

[ZenMaster]

Fortunately, Mrs. Galilei makes more than me 

Mrs. ZenMaster has a higher salary than me by about 45% but after adding in my stock options, bonus, and profit sharing we end up pretty close to each other. 

 

[matuski]

I've got Otis pegged around 200-300k/year plus some kinda bonus structure. Maybe 500-650k in a real good year. 

I'd use the same numbers for Otis but move them around - 500-600k plus 200-300k in bonuses.

 

[matuski]

My understanding of Uber from an admittedly very bias source (taxi drivers some of whom own the business) is that the rate charged by Uber if you take into account vehicle depreciation, they might be lucky to net minimum wage.  You are required to drive a fairly new and nice car for Uber, so while your cash flow may seem pretty decent, your net really is not all that good.  But take that with several grains of salt. 

I only Uber maybe a dozen times per year, but I have yet to meet an Uber driver that has it as their main source of income.

More like they have a job/student, have a car, have few hours a week... and are making some extra $ on the side.  This scenario also seems to be the target of the ads I see?

 

[Capella]

I was just thinking the same thing. In the last 7 days my wife and I went out to dinner twice and the bills were 73.00 and 84.00 and the food was very average at best. Spent 105.00 at Kroger on a bunch of BS, went to Home Depot for some light bulbs and decorations and it was 75.00, met some friend for a couple cocktails and some apps and split the tab it was 65.00 a piece. Now I get up this morning and open the fridge and there is not chit in the house and I have to go to Costco and that will be at least 150.00

That will be around 500 for a bunch of nothing!

Yup. Every month I set a budget for us and it routinely goes 25% over. Tired of even bothering. 

 

[Ignoramus]

I am a fairly risk adverse guy.  I would start small potatoes me thinks.

"Risk-averse"

 

[matuski]

Yup. Every month I set a budget for us and it routinely goes 25% over. Tired of even bothering. 

My game is to go under budget enough to offset the other half's over budget.

Yea right.

 

[matuski]

"Risk-averse"

He is experiencing adversity in a risky manner.  

 

[AAABatteries]

Mrs. ZenMaster has a higher salary than me by about 45% but after adding in my stock options, bonus, and profit sharing we end up pretty close to each other. 

Yep - I hate you too

 

[fantasycurse42]

My wife brought in roughly negative $125k, she's a solid earner.

 

[ghostguy123]

I took home darn near exactly HALF of my gross income. 

 

[Mr. Ected]

I make $0. It is mostly due to the difficulty for me to get a job out here in the suburbs without being able to drive.

My wife more than covers us ($250k+) as a CPA in a medium-sized national firm.

As my kids get older and have less need for a Mr. Mom during the school year, I will look to see about doing something home-based.

 

[Bruce Dickinson]

When I got out of college and started at Ford I hated my first job so finding side things to do got me through it.  Coached HS football for 6 years as an assistant, got paid 2K for the whole season but I loved it. Then did the same with hockey.  I would be at endless boring meetings and while people were taking notes I would be drawing plays and planning that nights practice. I am sure everyone thought "This guy is really taking good notes"

Love it.  

Had a couple winters coaching U12-U13 basketball on the side before marriage and parenting.  Many day job meetings spent mapping out practice schedules and different game lineup combinations in the margins of distributed printouts.  

 

[NewlyRetired]

I should come in right around 6k this year on my W2.

 

[NutterButter]

When I got out of college and started at Ford I hated my first job so finding side things to do got me through it.  Coached HS football for 6 years as an assistant, got paid 2K for the whole season but I loved it. Then did the same with hockey.  I would be at endless boring meetings and while people were taking notes I would be drawing plays and planning that nights practice. I am sure everyone thought "This guy is really taking good notes"

That's like me when I got my first house.  I'd be drawing up plans for my shed or basement or sprinkler system for hours.   Good times.

 

[Bruce Dickinson]

Yup. Every month I set a budget for us and it routinely goes 25% over. Tired of even bothering. 

My wife and I had to automate moving money to savings/investment accounts to protect us from ourselves.  Before that it was, "we could put this towards an IRA... or we could go out for fajitas and afterwards buy a television for the guest bathroom."

 

[shadyridr]

I make $0. It is mostly due to the difficulty for me to get a job out here in the suburbs without being able to drive.

My wife more than covers us ($250k+) as a CPA in a medium-sized national firm.

As my kids get older and have less need for a Mr. Mom during the school year, I will look to see about doing something home-based.

How do you play Mr mom without being able to drive?

 

[Mr. Ected]

I make $0. It is mostly due to the difficulty for me to get a job out here in the suburbs without being able to drive.

My wife more than covers us ($250k+) as a CPA in a medium-sized national firm.

As my kids get older and have less need for a Mr. Mom during the school year, I will look to see about doing something home-based.

How do you play Mr mom without being able to drive?

I take care of the house and the kids with the exception of driving them. My wife is able to work from home a couple days a week and takes them (mostly little girl) to events.

 

[Bruce Dickinson]

I make $0. It is mostly due to the difficulty for me to get a job out here in the suburbs without being able to drive.

My wife more than covers us ($250k+) as a CPA in a medium-sized national firm.

As my kids get older and have less need for a Mr. Mom during the school year, I will look to see about doing something home-based.

I spent some time as the stay-at-home dad during the preschool days, and once school started usually have been free to pick up after school and shuttle to activities or just be present.  Regret zero of those hours.

 

[Mr. Ected]

I spent some time as the stay-at-home dad during the preschool days, and once school started usually have been free to pick up after school and shuttle to activities or just be present.  Regret zero of those hours.

We are close enough to their elementary school that I can walk there to participate in activities, and meet them at school to walk home. I like this because it gets me out with adults for conversations.

I in no way regret this time, just as the kids all approach at least middle school, I need to find something to keep me better occupied. Money isn't really an issue.

 

[Capella]

My wife and I had to automate moving money to savings/investment accounts to protect us from ourselves.  Before that it was, "we could put this towards an IRA... or we could go out for fajitas and afterwards buy a television for the guest bathroom."

Yes. I justify it by saying we still save 18% each check. But it's sloppy. We have lived in substantially less. 

 

[General Malaise]

 Let me pause real quick to shed a tear for the poor hedge fund managers that suck at their job.  #### off - go work at Hardees with the rest of the ####### losers that can't kill enough to eat.  And the ones that don't?  Doesn't really justify the other end of the spectrum.

Just explaining the mechanics.  Using your analogy, hedge fund managers eat what they kill.  Don't kill, don't eat.  Not sure why people like you who will never invest in one care what the successful ones make....I mean, if their limited partners are ok with it, why does it bother you?  

 

[TheWalkmen]

I'd use the same numbers for Otis but move them around - 500-600k plus 200-300k in bonuses.

I thought I read his mortgage is $1.5M, so with some rough estimates his monthly mortgage payment with taxes, insurance, etc, is probably around $13k. So at a minimum he makes about $29k/month assuming the max DTI ratio for the mortgage is 45%. That would put him at a minimum of $350k year. I'd just guess his mortgage is 30-35% of his monthly salary, so my guess is $450k - $520k, with some variation depending on annual bonus amounts.

 

[Capella]

I don't want to speak for oats but if I understand correctly he is a partner at a very big Manhattan law firm. If you guys think he is only bringing in 350-500k you are damn near out of your minds. I would triple that easily. 

 

[Bruce Dickinson]

We are close enough to their elementary school that I can walk there to participate in activities, and meet them at school to walk home. I like this because it gets me out with adults for conversations.

I in no way regret this time, just as the kids all approach at least middle school, I need to find something to keep me better occupied. Money isn't really an issue.

Totally get it. I found a great fit at a nearby college.  Worked during the school day during the fall and spring semesters.  Had summers off, long break over the holidays, always done for the day in time for after-school pickup.

 

[coyote5]

Just explaining the mechanics.  Using your analogy, hedge fund managers eat what they kill.  Don't kill, don't eat.  Not sure why people like you who will never invest in one care what the successful ones make....I mean, if their limited partners are ok with it, why does it bother you?  

  I was drunk and cranky last night

 

[General Malaise]

  I was drunk and cranky last night

Lolz....I can respect that.

 

[matuski]

I don't want to speak for oats but if I understand correctly he is a partner at a very big Manhattan law firm. If you guys think he is only bringing in 350-500k you are damn near out of your minds. I would triple that easily. 

Yea I have no feel for NY salaries. 

Having said that, I have 2 lawyer buddies who are partners at firms here in San Antonio.  One does well - the other owned his firm, made multimillions suing insurance companies following all the Hurricanes in the last 10-15 years and retired at age 40 last month.

 

[bagger]

I don't want to speak for oats but if I understand correctly he is a partner at a very big Manhattan law firm. If you guys think he is only bringing in 350-500k you are damn near out of your minds. I would triple that easily. 

I wonder what his billable hours are here...that must be one tough bill Joe Bryant has to pay him every month for posting here.

 

[TLEF316]

And the thread has officially morphed into a discussion of how much our GB Oats makes

Mission Accomplished

 

[KarmaPolice]

I am a low end 1%er for the FFA.  0-10K here. 

 

[Doctor Detroit]

Dr D > how much do you net on uber after gas, expenses? 

My wife works about 60 hours a week at her job and I work a straight 40 (and we both telework) so I kicked it around to not feel so guilty, but decided with the gas and my general hatred of people it wouldn't be worth it. 

75% or better, need to get about $1 per mile driven and you're good. 

 

[Ignoramus]

And the thread has officially morphed into a discussion of how much our GB Oats makes

Mission Accomplished

I bet his donger is a good nine inches, too.  I mean, his hands are huge, so.... you know...

 

[AAABatteries]

I should come in right around 6k this year on my W2.

I hate you most

 

[NewlyRetired]

I hate you most

It is a great part time job

 

[Doctor Detroit]

And the thread has officially morphed into a discussion of how much our GB Oats makes

Mission Accomplished

I was thinking the same thing. 

 

[St. Louis Bob]

I bet his donger is a good nine inches, too.  I mean, his hands are huge, so.... you know...

Probably triple that too.

 

[Otis]

It is definitely not standard and not even a normal distribution in mathematical terms.  Certainly does not match typical distribution of average Americans.  It looks more like a sample of mostly white professional Americans who have 20 plus years of experience. 

Sorry Archimedes, I just meant I thought it looked kinda like a bell curve. 

 

[Otis]

Roughly four out of every seven people answering the poll make at least twice the average HH income in the US.

It may be the case that in many of these responses, the poster's earning IS the household income. That's true in my house.  I'm sure plenty of others. 

 

[Otis]

I'd use the same numbers for Otis but move them around - 500-600k plus 200-300k in bonuses.

X

This is kinda fun. Like the game where you guess how many jelly beans are in the jar. 

 

[Otis]

I thought I read his mortgage is $1.5M, so with some rough estimates his monthly mortgage payment with taxes, insurance, etc, is probably around $13k. So at a minimum he makes about $29k/month assuming the max DTI ratio for the mortgage is 45%. That would put him at a minimum of $350k year. I'd just guess his mortgage is 30-35% of his monthly salary, so my guess is $450k - $520k, with some variation depending on annual bonus amounts.

X