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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I would've chosen a much higher paying one!

-a teacher[/quote]

I have a lot of respect for teachers but you had to know it didnt pay well when you studied to do it, right?[/quote]

DP here, I'm not a teacher but I can say that at 18 years old I was pretty ignorant of how expensive life is and what I would need to get by. I didn't have any idea how much money my dad made to support our lifestyle, and what different lifestyles would be offered by different jobs. I mean, I kind of knew intellectually that teachers are paid less than bankers but honestly it didn't feel like the differences were that big. I was also an idealist who thought that being motivated by passion and helping people was more important than salary. I was raised in a total bubble suburb though and was kind of sheltered/dumb. [/quote]
This was true for me as well. I grew up LMC with parents who didn't make much money. $42,000 seemed like a huge amount to me at the time[/quote]

Also no financial education here.  My undergraduate degree was in languages because to my parents any college degree was going to get me a job--they had only been to high school.  They had no idea how to advise me about majors and my dad was under the old government pension system so he had no idea about self-funded retirement either.  I also grew up under that "motivated by passion" umbrella since I knew my parents hated their jobs and I didn't want to be like them.  Now I know though that any job that is motivated by passion also means they get to pay you less.[/quote]

Additional evidence that the teaching industry attracts idiots. Seriously?! You couldn’t even do the basic math that showed 2 + teacher = middle class?!  Didn’t you notice that all the teachers in your high school were either married well or driving Mazdas?  IT is and always has been COMMON KNOWLEDGE that teachers struggle financially, it’s in every movie, book, and tv show. To ignore this is willful ignorance. [/quote]

Teachers can make decent money depending on the region.  Veteran teachers in Montgomery County make low six figures and can start working on their early 20s.  They can have the county subsidize their master's degree while still working.  I'm married to another educator and we make $225,000.  We will have 2 pensions at 55 and pull in around $160,000 in pensions.  We both had full scholarships to school so no student debt.  We started investing our money as soon as we began working and had over 1 million in assets before we turned 40.  It's not crazy dcum money but it is a very comfortable living.[/quote]

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