Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
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? 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?
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.
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.
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.
Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
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? 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?
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.
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.
Anonymous wrote:Anonymous wrote: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.
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? 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?
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.
Anonymous wrote: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.
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? 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?
Anonymous wrote:Anonymous wrote:Anonymous wrote:You seem like you've had your head buried in the sand. Taking care of small children is hard.
OP here. No one's saying taking care of kids is easy. But if I recall correctly, the median income for PhD holders nationwide is also around $100K, so it's crazy to me that someone with no training or experience can just wake up one day and start earning that. DCUM seems to live in a bubble where everyone is a $300K/year lawyer and doesn't realize that $100K is actually a hell of a lot of money.
More education does not guarantee a higher salary. Many CPAs with just a BS or a 1-year master’s degree make far more than English PhDs.
Anonymous wrote:Anonymous wrote:You seem like you've had your head buried in the sand. Taking care of small children is hard.
OP here. No one's saying taking care of kids is easy. But if I recall correctly, the median income for PhD holders nationwide is also around $100K, so it's crazy to me that someone with no training or experience can just wake up one day and start earning that. DCUM seems to live in a bubble where everyone is a $300K/year lawyer and doesn't realize that $100K is actually a hell of a lot of money.
Anonymous wrote:Anonymous wrote:It certainly beats teacher salary
Pension, benefits for teachers.
Anonymous wrote:Anonymous wrote:Anonymous wrote:You seem like you've had your head buried in the sand. Taking care of small children is hard.
Plus 100.
OP, Child care providers deserve to make a good living just like other fields.
OP is describing all of this like it's a bad thing.
Being a nanny is harder than plenty of deal jobs that pay $100k (I say this as someone with a higher paying desk job myself, but I have little kids and taking care of them is way harder!)
This seems like a good match for this particular nanny and that family.
Anonymous wrote:Anonymous wrote:You seem like you've had your head buried in the sand. Taking care of small children is hard.
Plus 100.
OP, Child care providers deserve to make a good living just like other fields.
Anonymous wrote:I didn't read the comments, but I have a nanny agency and many of our nannies make $90-100k. They almost alway work 50+ hours per week so overtime really adds up. We get many clients that want a nanny living close by (Bethesda, Chevy Chase, NW DC, Mclean) with a car big enough to transport kids, a college degree, etc.
If you want someone that lives in a high COL area, you have to pay them a livable wage to afford housing, health insurance, car payment and insurance, student loans, etc.