$30 an hour is the new poor
- Thread starter jawnswoop
- Start date
He's complaining about 30/hour in a country where the minimum wage is 7.25. Which is in fucking insane in America. 200 a week after taxes is barely enough for food. Imagine getting out of Jail and the only job you can get is making 7.25 an hour. How the hell do you ever come up.
30/hour is at least 750 a week you may have a chance with that.
30/hour is at least 750 a week you may have a chance with that.
I believe it's because shit is so damn high now, that you would still have little left and that's also including bills and shit.
I believe he needs overtime. But you got some people don't like working overtime.
I keep my wages low to save for retirement. I still live off what I made 10 years ago. Kept my cost of living down.
I save 26 percent of every paycheck off the top. Helped me get my retirement savings up quickly.
I have coworkers that don't even use the 401k. I have a traditional and a Roth, and that's just what I use from work.
I save 26 percent of every paycheck off the top. Helped me get my retirement savings up quickly.
I have coworkers that don't even use the 401k. I have a traditional and a Roth, and that's just what I use from work.
$30/hr is poverty wages.
The Federal Minimum wage adjusted for todays inflation rates should be around $25/hr.
Living in Los Angeles or New York comfortably, you gotta be making more than $50/hr.
$100/k a year is basically working class wages in this economy today.
The Federal Minimum wage adjusted for todays inflation rates should be around $25/hr.
Living in Los Angeles or New York comfortably, you gotta be making more than $50/hr.
$100/k a year is basically working class wages in this economy today.
Thanks for the advice.
Exactly, location means a lot when it comes to wages.
A lot of times people don't mention the part that managing your money is an important part of this. What you buy, when you buy, what you buy matters a great deal. There are sometimes you can't have the biggest best of everything. Sometimes you have to grab that Panburger Partner instead of that Hamburger Helper. Sometimes you gotta get that Mazda instead of that BMW. Sometimes you might have to not get the J's. Errbody want to go to Heaven, but nobody wants to die.
Yeah, gotta live within your means and make sure to save. A lot of people don't like to sacrifice when they feel they aren't making enough money.
Keep in mind that these stats are based on FULL-TIME workers
Average salary statistics: Key findings
- National average income: The national average salary in the U.S. in Q4 of 2023 was $59,384, according to the U.S. Bureau of Labor Statistics.1
- Average salary by age: The highest average earners are aged between 35 and 44, earning 13.8% more than the national average salary.2
- Average income by state: On average, Mississippi is the lowest-earning state with an average income of $48,048, and Massachusetts is the highest-earning state with an average income of $86,840.1
- Average salary by occupation: The highest earners in the U.S. in 2022 were cardiologists ($421,330), and the lowest earners were shampooers ($27,870).3
- Average income by race and ethnicity: The lowest earners in the U.S. were Hispanics and Latinos, with an average of $45,968, and the highest earners were Asians, with an average of $79,456.4
- Average household income: The average family household income was $74,755 in 2022.5
- Average income by gender: The gender pay gap decreased by 0.7% in the last year, but it grew by 1.3% between 2021 and 2022.6
- Average salary by education: Full-time workers over 25 years old without a high school diploma earned an average of $47,580 per year.4
- Wage growth vs. inflation: The average salary grew by 4.4% in 2023, according to WTW,7 while there was a gain of 3.4% in the Consumer Price Index for All Urban Consumers.8
Average salary in the U.S. in 2024
The highest average earners are aged between 35 and 44.
www.usatoday.com
There are areas in this country with folks making $100k a year and living in their car.
A lot of these homeless people you see living in tents and raggedy RV’s have full time jobs.
They ain’t “Bums” the way the news media likes to portray them.
A lot of these homeless people you see living in tents and raggedy RV’s have full time jobs.
They ain’t “Bums” the way the news media likes to portray them.
I was saving 25% before I retired.
Well, flossing The Gram is always an option.
I would like to know what type of car he's driving because those are nice leather seats.
-car
-subscriptions
-bad habits
-eating out
-buying something gives some of us a high just like when you were a child,no matter what it was as long as someone brought you something from the store.
-friends,hanging out can cost you
-family,you love em but you can't help em all the time,children getting rewarded for just being your child....america doesn't work like that.
I provide everything for my kid but I also make him play sports,go to the playground,ride his bike,skateboard,summer camp,fish,go to our local boys and girls club,sell candy,yardwork and whatever else that's mostly free that keeps him busy and he's not sitting around in the house on a cellphone, tablet or video games.Instead of netflix we go to the movies...two for one deals.
i have kids in my family that are close to his age and they don't do a half the shit he does and I would love to add them but I can't deal with em and their loser attitudes of not even trying to do nothing.
-car
-subscriptions
-bad habits
-eating out
-buying something gives some of us a high just like when you were a child,no matter what it was as long as someone brought you something from the store.
-friends,hanging out can cost you
-family,you love em but you can't help em all the time,children getting rewarded for just being your child....america doesn't work like that.
I provide everything for my kid but I also make him play sports,go to the playground,ride his bike,skateboard,summer camp,fish,go to our local boys and girls club,sell candy,yardwork and whatever else that's mostly free that keeps him busy and he's not sitting around in the house on a cellphone, tablet or video games.Instead of netflix we go to the movies...two for one deals.
i have kids in my family that are close to his age and they don't do a half the shit he does and I would love to add them but I can't deal with em and their loser attitudes of not even trying to do nothing.
Yep you light good in Dallas too with that.
It’s a good point. I know somebody who lives out there car and they have a job. They just would rather stack their money than waste money on rent. I thought it was crazy but factor how much they are saving? Not that stupid.
I have lived off of that amount before but that was when I first started working at the job I am still at.
Of course I make way more than that but I remember starting off, I could live. Post-Covid is another issue...
Of course I make way more than that but I remember starting off, I could live. Post-Covid is another issue...
True story:
I mentored a couple of young dudes and of course they would always ask me about how to get that paper straight.
I first tell them figure out what's coming in and where it is going. Deal with necessities first (Food, Shelter; clothes are important but most americans have more than enough), then utilities (Phone; electric; water). Factor in insurance and then see what's left. You should at least be able to sock aside $50-100 a month without flinching.
One of the young men landed a job making 6 figures (still more than I make) yet he wouldn't listen to reason when I told him to keep his overhead low and expenses under control. Nope! He went out and got an apartment that ran him $2300 a month (NoVA) when he could have had the same apartment for at least half of that over on this side. Then he had car notes and subscriptions...I told him drop the subs and be more creative. Then he got himself a GF and simped his way out of a lot of money. Don't even get me started on the schemes him and his silly ass friends were getting involved with. A lot of Millenials think with this "I want it now" mentality and want to appear like they are living some lavish as IG influencer life.
Can't tell a lot of folks anything though. You just have to let them fuck up or level up.
this J. Cole stunt double talkin all that shit, yet he makin $27/hr.
so basically he's a speeding ticket away from being in the dark on that light bill.
If you make $30/hr and know how to budget,........you str8 depending on where you live.
But there are some places in the US where if you make $30/hr....u gonna need 1 or 2 roommates to survive out in this bih......lol
so basically he's a speeding ticket away from being in the dark on that light bill.
If you make $30/hr and know how to budget,........you str8 depending on where you live.
But there are some places in the US where if you make $30/hr....u gonna need 1 or 2 roommates to survive out in this bih......lol
When I hear folks complain about food prices, I know it's because they don't know how to shop.
They also need to learn how to cook.
They also need to learn how to cook.
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He'll be alright. He's in his hustle years and should be thinking like this. He has not kids so it's the time to get his bread up. Also we have no idea where his lives so all this is relative. In Texas $30 an hour is good money and should be able to get you a house and car note. with money to spare.
He ain't never been the same since he bowed out of that K. Dot battle.
I mean shit is high now, bills, basic needs, internet, gas for car, haircut, just naming stuff off the top of my head of what people would have to pay for which would leave a person with little bit money left for themselves. That's why I agree with $30 an hour is the new poor.
People are still homeless who be making that having a full time job.
Had a young buck that finished law school, plus his grandma kicked and left him a chunk of change. He told me he was looking at a brand new Bimmer, and I tried to talk him out of it. He said he wanted to "look the part" and I told him why look the part, when you don't live the part. He ignored me. He got the Bimmer, and since he wasn't too established, he needed a co-signer and didn't get a good APR. Plus, he joined that Orangetheory health club joint and moved into an expensive apartment. Turns out, his first gig as a lawyer ain't hitting like he thought it would, and now he's singing the blues. I told him, "I hate it for you, but I'm going to leave you with this: There's an old West Indian saying, 'Act your age and your wage.'. You need to re-calculate."
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And that’s b4 overtime
People in here calling that a poverty wage don’t know what poverty is. Some ridiculous ass replies in this thread.
That's pretty good in Atlanta and a lot of other places.