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TopicWhy is it so many people dont have any sort of savings
Ivany2008
08/19/19 1:07:21 AM
#95:


JustMyOpinion posted...
Ivany2008 posted...
JustMyOpinion posted...
Going from $12/hr to six figures a year in 7 years sounds like an atypical story to me.


it shows you how much experience can help you. Mind you, you have to be like a hawk looking all the time so it isn't easy peasy, and you have to be willing to move.


How does it show that based on experience? Lots of people have 7 years of work history and aren't making six figures.


are those people staying in the same company? then that's probably why. Having work experience is only half the equation. You also have to be willing to constantly look for better, the drive so to speak. It's not about moving from one company to another that pays the same. Always be willing to sell yourself and promote yourself, remembering that companies don't give a shit about you as a person, they only want your skills. Never growing attached.

There was a great Dave Ramsay video where a guy straight out of medical school could work in New York for 300 grand as a general surgeon and live a decent life with his wife, or they could pack up and move to the middle of the Canadian tundra and earn 800 grand every year locked in a 3 year contract, so 2.4 million which would pay off his medical school expenses and flat out buy a house.

I don't think they said what they went with afterwards, but its about taking opportunities when you can, especially when your young. Lots of people(myself included) get stuck in a rut. So while experience is great, if you don't have the drive to press for better opportunities your going to stuck in that rut making less than what you could be.
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