Who here makes 6 figures? Vol. 2016 edition

al audi

al audi

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Don't need exact numbers or even your company name (before and after taxes don't matter also).....just give us maybe your job sector and what you did to get there to help other NT famb.


Kids (and hell some grown *** NT famb) out here want 1k+ Kanye Sneakers..........share the wealth of advice or pointers you may have........


Also........are you happy with your life and job? Do you have just 1 job?

:D
 
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1) Go to a target/semi target school
2) Do well in school(3.5+)
3)Network with alumni/firms
4) Learn how to interview and answer technical questions
5) Gain some experience prior to your junior year(networking or schools resources)
6) Ace OCR during the fall of your junior yr. with help from your network
7) Don't be an idiot and screw up a return offer during your junior year summer


Congrats, you just landed a job making over 100k/year in investment banking.

On a serious note, doing well in school and utilizing your resources really can make life a lot easier. If your school doesn't have a big presence in banking/consulting/AM/HF/PE or whatever you want to do, send anyone an email or phone call to discuss their past, what they do, and what tips they have for someone in your position. Obviously you won't get a lot of responses,but all it takes is one informational interview. You aren't asking them for a job directly at first. Finance people love talking about themselves, take down info and make sure you request something at the end of your informational interview like if they know any other people you should talk to. Stay in touch discussing your future endeavors or just talking about the market or something relatable. When the opportunity arrises at that firm, let that person know and things should tilt in your favor slightly.
 
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Never graduated college- I'm clearing exactly 6 figures tax free. Do the math to how much I would need to make to clear that after taxes.

Project administrator in the Middle East.

Big *** sacrifice to life and no doubt I would be much happier making that amount in North American. But it's all good. The world is ours, and God created for you if you can't make it one place you can definetly do it somewhere else.
 
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OnTheNephs said:
Never graduated college- I'm clearing exactly 6 figures tax free. Do the math to how much I would need to make to clear that after taxes.

Project administrator in the Middle East.

Big *** sacrifice to life and no doubt I would be much happier making that amount in North American. But it's all good. The world is ours, and God created for you if you can't make it one place you can definetly do it somewhere else.
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Thank You for sharing my man.


Props, I rather make it in America but sometimes things don't go our way.......
 
Half way.

Cool on the Investment Banking. Dudes work like slaves.
 
Yes I do. I am very happy with my life and job, and it's my only job. I work in pharmaceutical r&d. I've found that networking and developing relationships is the most valuable thing you can do. If you do that we'll and excel at your job, the opportunities will come naturally.
 
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If you graduate from college at 21, there is almost no way that you shouldn't be making 100k at age 30 if you stick it out with you career path and aren't a dummy.

For example, in auditing:

Staff: 55k (21-23)
Senior: 75k (23-26)
Manager: 95k (26-30)
Senior Manager: 145k (30)
 
ModernDarwin said:
If you graduate from college at 21, there is almost no way that you shouldn't be making 100k at age 30 if you stick it out with you career path and aren't a dummy.

For example, in auditing:

Staff: 55k (21-23)
Senior: 75k (23-26)
Manager: 95k (26-30)
Senior Manager: 145k (30)
Click to expand...
Working in corporate this is something I noticed after just two weeks.

You can be the most highly technical person in my field (IT), but unless you're a manager there is only so high you can climb. Most people don't hit that ceiling, but regardless it does exist.

That transition into management is the only way to get the cheddar.
 
ModernDarwin said:
If you graduate from college at 21, there is almost no way that you shouldn't be making 100k at age 30 if you stick it out with you career path and aren't a dummy.

For example, in auditing:

Staff: 55k (21-23)
Senior: 75k (23-26)
Manager: 95k (26-30)
Senior Manager: 145k (30)
Click to expand...
not all that easy in most fields..

most people don't ever make 100k.

it also depends on your location and career.  A salary of 100k in NYC is completely diff than 100k in NC.

focus on the happiness and being comfortable over an exact amount of money.
 
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I think one thing that people underestimate that there are a TON if ways to make crazy amounts of dough.

People say IB or investment management, and while that is true, anybody who has worked IB/PE/HF have been left dumbfounded by the myriad of ways to make money because you see all these companies and you're like "there's a market for that??"

1. Lady starts throwing corporate parties because she's a secretary at some marketing company... found out she was good and started finessing CEOs and CFOs to come to her parties.

A big magazine bought her company, then another PE firm bought that magazine company... I'd guess she made off with about 5mm to 15mm. Early 30s.

2. A dude started working at a senuor living facility out of high school and quickly moved up to manager and turned the place around. The owner of the SLF bought anther facility and dude turned THAT one around.

Saw that he was good at turning around bad facilities, so he created a management company and collects crazy fees...

Plus when a REIT buys one of his properties, he gets a cut.
 
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So basically, get good with management in your applicable field and improve your social skills to be 10/10 alongside competency. 

Sounds doable. 
 
penalize said:
not all that easy in most fields..

most people don't ever make 100k.

it also depends on your location and career.  A salary of 100k in NYC is completely diff than 100k in NC.

focus on the happiness and being comfortable over an exact amount of money.
Click to expand...



I agree with you, I just think this world is getting more expensive and to never set limits on yourself.

For facts, 100k job and stress I rather take the cozier job at 60k think that was actually a thread before. Ppl put too much focus on money and not their well being.
 
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ModernDarwin said:
If you graduate from college at 21, there is almost no way that you shouldn't be making 100k at age 30 if you stick it out with you career path and aren't a dummy.

For example, in auditing:

Staff: 55k (21-23)
Senior: 75k (23-26)
Manager: 95k (26-30)
Senior Manager: 145k (30)
Click to expand...

This is an incredibly presumptuous statement. You know how many people graduate college at 21 and aren't able to say for years that they make 55k? Not to mention different salaries in different fields, which is the most glaring issue with those estimations.
 
What about felons outchea makin bank? I know a few that are legal ballin, and most that are gettin by
 
Define six figures, because the notion that 100k is the "this is great money" benchmark has long since been incorrect. It's more like 160k now.
 
If you're in that 28% tax bracket you shouldn't be worrying about much at all...

Maybe im just thinking the Midwest, but 90k+ you can afford a castle.
 
I have 6 figures in savings, but want to build my own business to take me to the next level.
 
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