Reply to My wife’s friend makes $100,000 as a nanny

Forum Index » Money and Finances

Reply to "My wife’s friend makes $100,000 as a nanny"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I was absolutely floored to hear this. She recently went through a divorce and had been out of the workforce for 15 to 20 years. She does not have a college degree as far as I know.

She now works about 45 hours a week earning $47.50 per hour taking care of one kid. Apparently, the kid is difficult, which is why the family feels the need to pay such a high rate.  I don’t know if there are benefits, but 45 x $47.50 per hour alone works out to north of $100K per year.

The most surprising thing is that she refuses to do any light cleaning or even throw a load of laundry in the washer when the kid is resting or there’s downtime.  She apparently quit working for another family who asked her to do that.

[b]So $100K+ with no degree, minimal or no experience, and you can be very picky about what tasks you will and will not do? Is this for real? [/b] If I had a daughter, I would 100% suggest she consider this as a career unless she had outstanding academic credentials or a strong interest in a potentially high-paying field. WTF?[/quote]

I'm Gen Z and it's absolutely hilarious watching older people find out that yes, you can make good money without going to college and burying yourself in debt.

I feel bad for the Millennials who were told that the only way to succeed was to go to college.

I'm a bartender and I made $108k in 2022. That is my reported income on my W2 with tips listed. 90% of my tips are via credit cards. I deposit between $1200-$1800 each week in cash tips into my savings account and then a portion of that into my Roth IRA until I max it out each year.

I started working in a restaurant as a busser at 15/16. I moved up to waiting tables at 17. I started as a barback at 19 and then became a bartender at 21. I did some courses for Hospitality Management at NOVA but they were a joke. The people teaching hadn't worked in the industry in years and what was being taught wasn't relevant to the current industry. I did the courses to please my parents but once they saw I was able to work and support myself, they eased up. Would they rather I had a college degree? Sure. But they also like that they don't have to assist me with my bills as they do for my sibling who went to college but struggles in this area to live on her $52k/yr teacher salary.

At my job, I get to pick my shifts, have set days off (Sun-Tue), and don't have to do any tasks I don't want to because that's what barbacks are for. So yes, you can have no degree and call the shots. [/quote]

How long do you plan to be a bar tender?  Goingto keep that going to 62?

Look, its great there are plenty of jobs that don't require degrees, but to posters above noting Bill Gates and youtubers/ticktockers as examples of not needing a degree to make a lot, how many of those people are there relative to the general population?  Kind of like dreaming of joining the NBA or MLB, IMO.  Great if it works out, but it won't for most.[/quote]

Clueless post. Perhaps the bartender will eventually earn enough to open their own restaurant and bar that you will eat and drink at. There are millions of entrepreneurs crushing it and they didn't need a college degree to do it. Entrepreneurship encompasses a very wide swath from the Nanny, to the kid shoveling snow for his neighbors, to people who have multiple AirBnBs, landscaping businesses, to store owners, online influencers, and company founders, etc. None of these require a college degree but many of them make a lot more money than you realize. Do you ever watch Shark Tank? Of course, not all will succeed.  Just an idea, drive, luck, and work ethic.  Bottom line, you don't need a college degree to make serious money and do most things with certain professions being an exception.[/quote]

You don't need a college degree to become a commercial airline pilot. Just need time and money for flight school and to acquire the hours and ratings. Or you can join the military and they'll train you to fly. Just remember that the next time you fly on a commercial aircraft. You put your life into the hands of someone who may not have a college degree. Oh the horror.[/quote]

I have a kid who upon college graduation just joined to navy. So you have any awareness of how incredibly hard it is to get a job as a pilot  in the military? They don’t just teach you to fly if you want. And doing it without a degree costs as much as a degree. Especially if you want to fly commercial. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics