What do you consider a decent salary for a grown man @ 36?

[gene cisco]

The reason I stated "Poor man's thinking" is because that $50k-$75k is not working for you in no way... Someone on BGOL gave a stock tip on VISA and it opened at $36 its trading at $76 a share..Now if you had that money working for you in some way that $50-$75k would be At $100k-$150k today...Thats within 90 days..

The only way a man can achieve wealth is that he listens and takes advateges of solid situations...

If your saving your dollars for some investment, thats one thing...But just to be saving for the heck of it...it makes your decision a poor one and your money is not working for you,,,

Your money is smarter than you at this point if that is the case...

by the way I just gave one of my sons a car with 400k miles that I hated to give up...I date and wifed the same woman from my High school college days...sure, i've chased other skirts, but there is nothing better than home...

I value my mission statement and my leisure and my time...Not materials.

I agree, you can flip the money. But thing is, outside our professions, most of us dont know the market to well to be fucking around, so why not take your 50-75k and continue stacking? In either of our scenarios they are better off than most americas population(who is in debt) wouldnt you agree? I dont think its saving for the heck of it, its saving so you can do what you want and if something goes wrong(car breaks) you aint worried bout shit.

 

[Chitownheadbusa]

I agree, you can flip the money. But thing is, outside our professions, most of us dont know the market to well to be fucking around, so why not take your 50-75k and continue stacking? In either of our scenarios they are better off than most americas population(who is in debt) wouldnt you agree? I dont think its saving for the heck of it, its saving so you can do what you want and if something goes wrong(car breaks) you aint worried bout shit.

good point
im one of the guys you just typed about.
i dont know much about stocks , investing, etc
but i am saving ...a lot....until i do learn about investing, stocks, ira's...cd's...etc.

if i never really get a full understanding of it all...at least ill have some money to sit back on when its needed.

 

[PoppaSo]

Peace fam. I know a lot of factors matter but here is the run down. I'm 36 living in Philly. I just got promoted to an awesome entry level position in Peoplesoft applications, but its only paying 45k.

I like to say 20 bucks an hour is the new minimum wage for adults. I cant seem to get much more than that. I feel so far behind my white counterparts too.

Own my own crib, got a 96 maxima in great condition. 2k in savings and 4500 in 401k.

Whats should a grown man really be making in your opinion?

I think you are doing great. Be thankful. Even you are not fully content.
If you feel you can do better, do so. Maybe get a side hustle to make up the difference. Maybe you can pop an extra $10K some where or it may turn into something bigger.

 

[bigblackafrica]

you doin' well man. i got two homeys in the same city. one makes 45k, has a wife and two kids. the other makes 105k and is single, no kids. strangely, the 45k brotha lives a lot better than the 100+. partly, because of debt, student loans, keeping up with the jones at work, etc.

it's not what you make, it's how you work it with what you make.

 

[gene cisco]

You know how I can tell a cat that is talking a good game, but has never been self-employed? Because before being self-employed means ANYTHING esle, it means struggling. I make WELL over 6 figures and the MAJORITY of my money goes back into my business (I made WELL over $250K last year and actually SAW about $60K on my personal tax return after expenses). Actually making that illusive 6 figure salary self-employed is illusive as fuck unless you put in work and accept the fact that you gotta crawl before you walk. Cats DO NOT understand, but they will. I check the job sites all the time and base salaries are dropping like STONES even in the highest paying fields.

Damn bruh. Aint you in the republican tax bracket?

 

[Delta7]

Yea, its easy to see who the posers and dumbazzez are typing from their moms basement, dorm rooms, and efficiency apartments. Its clear by the ample amount of absurd commentary that many repsonding have never had real life or workplace experience outside of a summer job or afterschool part-time gig. Its laughable how they sit and criticize this mans savings account without fully knowing his home equity situation or other expenses. Even more hilarious how they talkdown on his 45k salary when the average household member income was around 26K.

This fucking morons are even too stupid to realize that their bullshit reeks through the computer screen and anyone with half a clue has spotted them as the phoney in the room. Its so difficult to hold honest and helpful discourse here because there are just too many fucking members living on fantasy island.

Most people in America live check to check and have well under 1k in their name after the bills are paid and that's including savings.

So yea most people lying when they say "You should be at 150k...blah...blah...blah"

It's the BET mentality that alot of people have...

45k is fine for most people, nothing wrong with that, $20 per hour.... Some jobs never even top out at that.... so you're doing fine, don't make other people tell you you're not.

You have what they have which is a house/car and that's all that a man really needs these days.

Pm me more about PeopleSoft, I wouldn't mind trying that stuff out.

 

[MonkeyBlood]

If you got a roof over your head that you pay for and are feeding yourself then you all right. If you wanna compare what you got to the next man's then you'll forever be miserable and always feel that you'll never amount to anything.

 

[HALO2]

Peace fam. I know a lot of factors matter but here is the run down. I'm 36 living in Philly. I just got promoted to an awesome entry level position in Peoplesoft applications, but its only paying 45k.

I like to say 20 bucks an hour is the new minimum wage for adults. I cant seem to get much more than that. I feel so far behind my white counterparts too.

Own my own crib, got a 96 maxima in great condition. 2k in savings and 4500 in 401k.

Whats should a grown man really be making in your opinion?

You are asking us to venerate your decision to settle....take you ass to college and get a degree and make some damn money..

 

[Darrkman]

Listen my dude. I think I'm a well educated man. I live in jersey the most fucking expensive state to live in no matter what anyone tells you! I make 62k a year and I have a wife in Med school which just adds to my expenses. She is going to so a rotation in international medicine this summer and it's gonna cost me up to 75 hundred. I'm telling you we are BROKE!!!! I have 8 buck in my account as we speak and just got four hundred bucks from my fam to hold us over till my next pay. I think we don't live beyond our means but with both of us in school we pay alot in tuition, book and in my wife's case travel and exam cost. So it all depends on were you live. Stay out of JERSEY

Don't worry it gets better. My wife is a doctor. When they're in med school you get nothing, they live off their savings. However once she graduates and starts a rotation she will get a salary. Depending on the field it can be anywhere from $40k - $50k a year. Once she graduates residency the really money begins. Wifey went frm $50k a year to $250k instantly.

 

[sj808]

Peace fam. I know a lot of factors matter but here is the run down. I'm 36 living in Philly. I just got promoted to an awesome entry level position in Peoplesoft applications, but its only paying 45k.

I like to say 20 bucks an hour is the new minimum wage for adults. I cant seem to get much more than that. I feel so far behind my white counterparts too.

Own my own crib, got a 96 maxima in great condition. 2k in savings and 4500 in 401k.

Whats should a grown man really be making in your opinion?

like everyone says, it depends on what you want in life. Me, I want to be "very stable" by 30.


But dude, on the real.... 2k in savings and 4500 in 401k?? WTF?!?! I'm like 10 years younger then you and got more in my savings the both of those amounts combine. No disrespect, but you need to step your saving game up.

 

[Garifuna]

Peace fam. I know a lot of factors matter but here is the run down. I'm 36 living in Philly. I just got promoted to an awesome entry level position in Peoplesoft applications, but its only paying 45k.

I like to say 20 bucks an hour is the new minimum wage for adults. I cant seem to get much more than that. I feel so far behind my white counterparts too.

Own my own crib, got a 96 maxima in great condition. 2k in savings and 4500 in 401k.

Whats should a grown man really be making in your opinion?

$45k is low for PeopleSoft. You should be able to double in a few. Are you functional or technical? FMS? HCM? Take the classes.

I am impressed that you have a 12 year old ride but own your own crib. YOU HAVE YOUR PRIORITIES STRAIGHT.

I am confident that you will do well with PeopleSoft.

 

[Garifuna]

But dude, on the real.... 2k in savings and 4500 in 401k?? WTF?!?! ... No disrespect, but you need to step your saving game up.

Yeah, that too.

 

[Adam Knows]

You know how I can tell a cat that is talking a good game, but has never been self-employed? Because before being self-employed means ANYTHING esle, it means struggling.
I make WELL over 6 figures and the MAJORITY of my money goes back into my business (I made WELL over $250K last year and actually SAW about $60K on my personal tax return after expenses). Actually making that illusive 6 figure salary self-employed is illusive as fuck unless you put in work and accept the fact that you gotta crawl before you walk. Cats DO NOT understand, but they will. I check the job sites all the time and base salaries are dropping like STONES even in the highest paying fields.

lol your doing better then me. i've been avg 230-240'ish the past 3 years but this year i'm only going to do around 120k when alls said and done because i'm doing just that. putting a lot of money back into the business for expansion outside of ohio. that's why my ass is sitting here bored for the most part in carolina. but when all's said and done.....i'll my revenue and personal income will increase tremendously....

only to have to do it again.....

 

[Darrkman]

@ niggas who think 100k is alot. It's alot if your goal in life is to be mediocre. It ain't about comparing yourself to white folks. It's about making a choice to live the life you want & applying yourself. Some of us aren't content with just making 45k, driving a civic & living in alil ass house/apartment. That's why we start our own companies. Cuz we don't wanna be limited to what someone thinks we should make.

Having said that, at 36yo you should be making twice 45k. Step ya game up & don't let small-mindedness hold u back.

I love how so many in here think they know what the fuck they're taking about. I work in advertising and know what is the household income in the US. The median HHI (thats household not individual) in the US is $48,000. That means half the households in America make more and half make less. So please don't say that a $100K income isn't a lot. So many fake ballers in here its ridiculous.

Oh and in case you're wondering only 6% of all Americans have an income of $100K or more. Shit by the way some of yall talk all 6% are here on BGOL.

Here is a chart to help you figure it out. However cause you say such dumb shit I bet you won't know how to read this unless someone was holding your hand and walking you through it.

http://pubdb3.census.gov/macro/032007/perinc/new02_001.htm

 

[mercy0132]

If you got a roof over your head that you pay for and are feeding yourself then you all right. If you wanna compare what you got to the next man's then you'll forever be miserable and always feel that you'll never amount to anything.

You hit the nail on the head. In life there is always going to be some people making more than you and some people making less than you. I know it's hard, but it's best not to compare yourself financially with others, because everybody is different and everybody has different situations going on. So I say do you, meaning make as much money as you can without wearing yourself out physically and mentally, by getting your proper amount of sleep and exercise daily.

 

[Anothermind]

$45k is low for PeopleSoft. You should be able to double in a few. Are you functional or technical? FMS? HCM? Take the classes.

I am impressed that you have a 12 year old ride but own your own crib. YOU HAVE YOUR PRIORITIES STRAIGHT.

I am confident that you will do well with PeopleSoft.

45k for entry level peoplesoft isn't low; however, 45k for 2-3 years of Peoplesoft experience is. By then he could be pulling at least 70k if he's not afraid to move around from company to company. If you're dealing with any kind of technology, the only real way you're going to advance your career is to not be afraid to jump ship every 2-3 years. 5 years from now, if peoplesoft is still being used (which it probably will be) and you have learned alot about it, it's not unthinkable for anyone to be pulling 6 figures. Don't let these guys tell you to be content making 45k, you should be pushing yourself to do better.

Again, specialized skills.

 

[Crown&Coke]

You are asking us to venerate your decision to settle....take you ass to college and get a degree and make some damn money..

Unless he goes to college to be an engineer, doctor, nurse, or a lawyer most likely he still aint gonna be making 45K in an entry level job. Some of yall are talking out your ass about how much he should be making. 45K is good for somebody thats single without alot of debt.​

 

[jp2time]

This has got to be the dumbest question ever posted online. Go out and make what you need to make, everyone is not the same and don't have the same responsibilities.


The best advise I could give any of you and this is real talk. In this day and age, don't be afraid to leave your present company after about 2 years of working there. I have done that since my mid 20's and it's the best thing I could have ever done. Companies are usually going to bullshit you with 3 to 4 % pay raises per year but if you are looking at what's out there every couple of years, always shoot for at least a 20% increase to your salary. Doing this same thing, I was making $80,000 by 29 years old and now at 37 I'm well of 6 figures. Also don't be afraid to move out of state for a job. Remember you are only planning on doing the shit for a year or two for the experience and they are just a stepping stone.

This is not the day that your parents and grandparents grew up in where you stay with the same company for 30 years to get a fucking gold watch. I call it a "Get them before they get me" mentality.

I've even shared this same strategy with some of my own employees (the ones I gave a shit about) and now several of them over the years have gone from making like $25-30K to $75K and up. I know one young lady that I met 8 years ago making mid $40's and now she is making $150,000 base doing this exact same thing.

That's my good deed for the day.

 

[ScorpDiesel]

So what do you do and what did you gross last year?

I'm a self-employed IT consultant. I get contracts to do application development. I do six figures.

 

[tsud0nim]

That's a good start for PSoft entry. Once you get experience, you can go independent (1099) and start earning more. I chose that route and, like Scorp, I am well into the 6 figures, but it takes time so be patient. You're focus, for now, should be what everyone has already said:

Rule number one that many black people fail at is LIVE WITHIN YOUR MEANS. You have your own place and your own car so that's a head start versus some of the people i know up in the IRS working as GS-4 driving Range Rovers (GS-4 here in DC makes a little over 23k).

Rule two: Invest your money.

Rule number three: Save. I can't stress that enough. Make sure you have a fall back fund in case things go south. The average layoff is about 6 months now so you want to be able to cover whatever expenses you may have during that time and then some. Yep, break out a calculator and start going through your bills.

Rule number four: invest in yourself. If you don't have a degree and the company you work for is willing to pay for your education, go for it. It's a tax deduction and it works for you in the long run. I ain't saying that you need one, cuz i don't have one (but i'm working on it). I'm just saying if you do decide in for yourself whether it be your own business or being an independent contractor, it will help you win bids.

Peace

 

[ScorpDiesel]

You must be young. If it were that easy we'd all be rich. Those "college kids" are 1 in 300 million. How much do you make. Let me guess 6 figures? The fuck out of here. Niggas lie so bad on here.

Oh but, we s'pose to believe you're a fuckin' doctor, huh?

Bitch, read what I typed. I didn't say it was easy & apparently, everyone can't make 6 figures.

I'm 37, I have 15yrs+ in the IT field & I have no degree. I do Domino, VB, VB.Net, SQL, Java, Cold Fusion, & Flash. So yeah, I can command a 6 figure paycheck cuz I know my shit & I apply myself.

If you don't know me or know what I'm about, then stfu...DOCTOR.

 

[DAYNE]

you pulling six figures?

I'm not in my thirties, after i get this masters I will be pulling 6 figures and surely in my thirties.

 

[DAYNE]

Negro fucking please. I bet you don't make that bank



Nah he lying



You're doing good man, but to put it in perspective I'm above all your monetary numbers you put and I'm only 26. Hustle harder and longer bruh.

at you insecure broke niggas step ya game up.

 

[LogicBlack]

Peace fam. I know a lot of factors matter but here is the run down. I'm 36 living in Philly. I just got promoted to an awesome entry level position in Peoplesoft applications, but its only paying 45k.

I like to say 20 bucks an hour is the new minimum wage for adults. I cant seem to get much more than that. I feel so far behind my white counterparts too.

Own my own crib, got a 96 maxima in great condition. 2k in savings and 4500 in 401k.

Whats should a grown man really be making in your opinion?

Be blessed to making that much. Save up and get what you want. Almost at 2k savings myself but honestly if you fall on hard times 2K ain't gonna cut it if you wanna live like the Jone's. You seem to be doing pretty good. Plus u got that '96 Maximum so you have NO car payments. Live smart..... Live like tomorrow is gonna come because Tomorrow came for most of us!

 

[ScorpDiesel]

I love how so many in here think they know what the fuck they're taking about. I work in advertising and know what is the household income in the US. The median HHI (thats household not individual) in the US is $48,000. That means half the households in America make more and half make less. So please don't say that a $100K income isn't a lot. So many fake ballers in here its ridiculous.

Oh and in case you're wondering only 6% of all Americans have an income of $100K or more. Shit by the way some of yall talk all 6% are here on BGOL.

Here is a chart to help you figure it out. However cause you say such dumb shit I bet you won't know how to read this unless someone was holding your hand and walking you through it.

http://pubdb3.census.gov/macro/032007/perinc/new02_001.htm

Who gives a fuck what everyone else makes, bitch. I said 100k ain't alot from my own experience & from people I know. So, I know wtf I'm talkin' 'bout when it comes to MY experience. Bitches kill me thinkin' they know shit about another nigga on the internet. The fuck would I lie to a bunch of simple niggas on a fuckin' porn board? If you check my posts, there's very few things I speak on cuz I only speak of shit I know. And I know for myself & the people I know, 100k isn't alot.

 

[DickDastardly]

Oh and in case you're wondering only 6% of all Americans have an income of $100K or more. Shit by the way some of yall talk all 6% are here on BGOL.
http://pubdb3.census.gov/macro/032007/perinc/new02_001.htm

LMAO! I'm glad to have my measly peasly 2K savings... shit. I do spend like crazy though.

 

[Coldchi]

you're doin pretty well in your position....but like alot of cats have said....it all depends on where u live. some of these fools still stay with their parents. when u have your own crib and car (thats paid for),...your expenses arent that much per month and that allows u to save alot. from my regular job im pullin between 50-60k...i only spend about $100 a month in gas. my car and crib paid for. no wife or kids. all i concentrate on right now is saving...i dont really dont do any unnecessary spending.

 

[Adam Knows]

I'm not in my thirties, after i get this masters I will be pulling 6 figures and surely in my thirties.

you "hope"

unless your actually making it you can't say much of anything. not wishing bad on you, i want everyone to make far more then that. but don't go thinking just because you got a masters degree your owed that.

it's both white and blacks living in cardboard boxes and cars with doctorates and masters degrees.....real talk.

 

[Professor]

Sounds like a lot of YOUNG CATS new to the workforce are yapping.
Not even 4% of wage earners earn over $100k/year in America.

Yeah that is what struck me the most about these responses from people saying at 36 yrs he should be making way over 45k a year. The avg person does not make over a $100,000 US (or the equivalent, depending on what country u live in) a year. I assume the kats on here who are saying they make over 80k must live in a city where the dollar is highly inflated, or get paid in monopoly board game type money. If making 80-100k per yr was easy then everybody alive would be doing it.

From reading these repsonses the impression I'm getting is that everyone here is a baller, lawyer, doctor, stock brocker or in some profession that pays u top dollar right outta the gate except me. It sounds like there is no true middle class here and I'm the only one BGOL. So I'm the only "poor" motherfucker(figure of speech) on the board who is willing to truthfully admit it right???lol

Not eveybody makes $20 bucks an hour(or 45,000/yr) as an entry level for a job, the reality is that most people start off lower than that.

$45,000 sounds about right for the everyday average person u meet on the street, assuming u'r living within u'r means which is the only key thinng. If not, then it changes the whole meaning, complexity and scope of the Op's question.

Yours Truly.....Professor

 

[Professor]

I'm not in my thirties, after i get this masters I will be pulling 6 figures and surely in my thirties.

Unless u'r planning to spend 10 years studying to be come a doctor or lawyer & being the very proud & distinguish "paper champion" of u'r school, I will guarantee u will never be pulling six figures right outta the gate like that.

Having u'r masters opens doors in the sense it puts you right in the front of the line of other prospective applicants applying for the same job. It does not guarantee whatever salary expectations you had. It's completely 2 different things here and anybody will tell u that.


Yours Truly....Professor

 

[DAYNE]

you "hope"

unless your actually making it you can't say much of anything. not wishing bad on you, i want everyone to make far more then that. but don't go thinking just because you got a masters degree your owed that.

it's both white and blacks living in cardboard boxes and cars with doctorates and masters degrees.....real talk.

Unless u'r planning to spend 10 years studying to be come a doctor or lawyer & being the very proud & distinguish "paper champion" of u'r school, I will guarantee u will never be pulling six figures right outta the gate like that.

Having u'r masters opens doors in the sense it puts you right in the front of the line of other prospective applicants applying for the same job. It does not guarantee whatever salary expectations you had. It's completely 2 different things here and anybody will tell u that.


Yours Truly....Professor

I have contacts in the medical field that told me to my face that once I get the education they will start me off at 6 figures.

Have a nice day.

 

[Crown&Coke]

From reading these repsonses the impression I'm getting is that everyone here is a baller, lawyer, doctor, stock brocker or in some profession that pays u top dollar right outta the gate except me. It sounds like there is no true middle class here and I'm the only one BGOL. So I'm the only "poor" motherfucker(figure of speech) on the board who is willing to truthfully admit it right???lol

Yours Truly.....Professor

What are u saying? This is BGOL bro....I got 2 Phds. I am a lawyer at a top firm and a heart surgeon. I only pull dimes and have always only pulled dimes. I got my regular house and my vacation house in the caribbean. I am about to get a mansion in Italy in a few months. I also am into real estate. I pull in about 25 mil a year

I am also only 25 and grew up in the hood. ​

 

[Adam Knows]

I have contacts in the medical field that told me to my face that once I get the education they will start me off at 6 figures.

Have a nice day.

yeah..i was told a lot of things growing up too......

nothing happened until i made it happen. last thing you want to do is put it all on what someone might do.

 

[redsox]

Peace fam. I know a lot of factors matter but here is the run down. I'm 36 living in Philly. I just got promoted to an awesome entry level position in Peoplesoft applications, but its only paying 45k.

I like to say 20 bucks an hour is the new minimum wage for adults. I cant seem to get much more than that. I feel so far behind my white counterparts too.

Own my own crib, got a 96 maxima in great condition. 2k in savings and 4500 in 401k.

Whats should a grown man really be making in your opinion?

 

[THREAD_CRITIC]

so thats billy's screen name now