Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My cousins wife (he is 60) made $40k a year as a nanny in 1991 in NYC and she was live in with her own bedroom and all meals and expenses paid for. She even did vacations with family paid for. When she got married they gave her a $5,000 wedding gift.
That is 1991 money.
And 100k is peanuts in 2023.
100K is certainly not peanuts. I’ve been teaching for 15 years (with a masters) and I make 3/4ths that.
I’m seriously considering a career change…
Try being a teacher in Nassau County NY. They make $300k to $400if double dipping. Half my daughter teachers did 25 in one school district got full pension then moved to second school district to double dip. You can collect full pension and work full time at same time
Insane if true. No teacher - not even the Teacher of the Year for the entire US - is worth $300K-$400K a year.
Of course they should if the demand is there.
FYI the avg property taxes in those rich Long Island/CT/NY/NJ towns on a basic house are about $30k/year.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My cousins wife (he is 60) made $40k a year as a nanny in 1991 in NYC and she was live in with her own bedroom and all meals and expenses paid for. She even did vacations with family paid for. When she got married they gave her a $5,000 wedding gift.
That is 1991 money.
And 100k is peanuts in 2023.
100K is certainly not peanuts. I’ve been teaching for 15 years (with a masters) and I make 3/4ths that.
I’m seriously considering a career change…
Try being a teacher in Nassau County NY. They make $300k to $400if double dipping. Half my daughter teachers did 25 in one school district got full pension then moved to second school district to double dip. You can collect full pension and work full time at same time
Insane if true. No teacher - not even the Teacher of the Year for the entire US - is worth $300K-$400K a year.
Anonymous wrote:Several years ago--maybe a decade back--the NY Times Magazine did a feature articles on nannies in NYC area earning $150,000 per year. Many had Ivy League degrees and tutored the child or children.
Anonymous wrote:If a nanny isn’t supposed to do household duties, what does she do all day?
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: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:Anonymous wrote:My cousins wife (he is 60) made $40k a year as a nanny in 1991 in NYC and she was live in with her own bedroom and all meals and expenses paid for. She even did vacations with family paid for. When she got married they gave her a $5,000 wedding gift.
That is 1991 money.
And 100k is peanuts in 2023.
100K is certainly not peanuts. I’ve been teaching for 15 years (with a masters) and I make 3/4ths that.
I’m seriously considering a career change…
Try being a teacher in Nassau County NY. They make $300k to $400if double dipping. Half my daughter teachers did 25 in one school district got full pension then moved to second school district to double dip. You can collect full pension and work full time at same time
Anonymous wrote:Anonymous wrote:Anonymous wrote:My cousins wife (he is 60) made $40k a year as a nanny in 1991 in NYC and she was live in with her own bedroom and all meals and expenses paid for. She even did vacations with family paid for. When she got married they gave her a $5,000 wedding gift.
That is 1991 money.
And 100k is peanuts in 2023.
100K is certainly not peanuts. I’ve been teaching for 15 years (with a masters) and I make 3/4ths that.
I’m seriously considering a career change…
Try being a teacher in Nassau County NY. They make $300k to $400if double dipping. Half my daughter teachers did 25 in one school district got full pension then moved to second school district to double dip. You can collect full pension and work full time at same time
Anonymous wrote:Anonymous wrote:My cousins wife (he is 60) made $40k a year as a nanny in 1991 in NYC and she was live in with her own bedroom and all meals and expenses paid for. She even did vacations with family paid for. When she got married they gave her a $5,000 wedding gift.
That is 1991 money.
And 100k is peanuts in 2023.
100K is certainly not peanuts. I’ve been teaching for 15 years (with a masters) and I make 3/4ths that.
I’m seriously considering a career change…
Anonymous wrote:My cousins wife (he is 60) made $40k a year as a nanny in 1991 in NYC and she was live in with her own bedroom and all meals and expenses paid for. She even did vacations with family paid for. When she got married they gave her a $5,000 wedding gift.
That is 1991 money.
And 100k is peanuts in 2023.