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166 Comments
- nixxed, on 04/13/2009, -6/+71Dugg for 100k-a-year guy crying because his salary went down in the worst financial *****-storm since the -30s.
- crimsoncircle, on 04/13/2009, -9/+58oh no! only $75,000 to live on!? Homelessness is at their door! Jesus... That's more than three times my salary and I live quite comfortably.
- Scotty87, on 04/13/2009, -5/+48This probably wont get many diggs because there's not a simple list and require to actually read the article...
- leamanc, on 04/13/2009, -6/+45That's right, he's not going to be homeless anytime soon. But $76K does a lot less with a wife, kids and a mortgage. Sure, you live well on $25,000, but what bills do you have?
And it always hurts to earn less, because you get used to what you were making. He lost 25% of his salary. That would be like if you suddenly made $19,000 this year instead of $25,000. I bet it would hurt a bit. - BobMysterioso, on 04/13/2009, -0/+31Don't be silly. 75k/yr is not some fantastical wealth. You don't buy an AMG on 75k a year. You live in a house (maybe - depending on location) and hopefully have little debt. You drive a nice enough car and have nice enough clothes, but 75k a year isn't going to buy you a mansion and a ferrari.
Still I'm surprised he's juggling bills. - slantyeyed, on 04/13/2009, -3/+33dear god, i don't know how anyone could live off only $76,000 a year
- pathouston22, on 04/13/2009, -2/+29Do not use logic on digg. This was an excellent oppourtunity to rip a more wealthy person - something these unwealthy people take great joy in doing.
- Cyberdactyl, on 04/13/2009, -3/+26I was thinking the same thing. I live in Raleigh, NC and 76K is PLENTY of money in this area to live quite well. I have zero sympathy that he's down from 100K. Pouting about being a car salesman making 76,000/year is just another example of a blurred sense of reality and is also a shining example of why the car industry is going down the tubes.
- crsnglb, on 04/13/2009, -6/+24I was going to say the same thing - he's had to "cut back on vacations, meals out, and other spending." I wonder how much debt he has that $76k plus his wife's salary is "struggling" to pay the bills. Can't judge too harshly though cus it doesn't state how many kids he has or how ridiculously large his home may be ::rolls eyes::
- inactive, on 04/13/2009, -0/+17$76K in Wendell, NC is still a bunch-o-money. The average income for Eastern Wake county NC is less than $40K.
- RadicalEdward, on 04/13/2009, -5/+22dudes still makin 75k a year, and he's "juggling bills"? try supporting a family on 16k a year and then come and cry about 75k.
Oh i'm sorry sweety, i wasn't able to buy you the new AMG for your birthday this year. *tear* - Solkre, on 04/13/2009, -4/+21People who didn't save squat, spent more than they earned are now getting bit and crying about it.
- BurgGuy, on 04/13/2009, -6/+17What was completely unmentioned in this article was the pay of unionized public employees of states like Ca. and NY. California has AVERAGE teacher salaries at $75k+, plus generous benefits, a health care program like no other, all at a nominal 190 day work year. Many Ca. prison guards are well over 100k, as are police and fire personnel.
Meanwhile California is going broke with a 10-30 billion dollar deficit, and no hope of curing same on the horizon. We're seeing cuts is services to those who need it the most, leaving intact the bloated salaries of the state workers. - Browzer, on 04/13/2009, -0/+11Is there a version of the list that doesn't require me to click 120 times?
- Tanktunker, on 04/13/2009, -0/+10#54 Dog Walker 100k/year
Really? - chanop, on 04/13/2009, -0/+10Meh, in NY 75k/year is a tenure teacher. Teachers usually start off at 30k. The unions definately are brutal, you can be the most worthless teacher and not get fired. As far as fiscal crisis goes, NY is right behind you
- crossmr, on 04/13/2009, -5/+15Not in every market its not.. you couldn't scrape by on $40K in manhattan unless you were living on the street.
People need to get a clue. You can't compare the salary of of joe blow in the middle of ***** nowhere to some family who already has an established life in a high priced market.
Yeah his $76k/year might be awesome out in the middle of the desert, but he probably couldn't move his job there. - ripter, on 04/13/2009, -4/+14Don't forget the 60+ hrs work weeks they do put in when their not off for 3 months.
- DivisibleByZero, on 04/13/2009, -1/+10***** didn't give me a raise this year. "Flat is the new up" says my boss.
- Scrollfx, on 04/13/2009, -7/+16I can haz job, plz.
- Squall06, on 04/13/2009, -2/+10Although, I agree with you, because by now, many of us understand the general "personality" of the Digg community; it's sad that an article that requires us to actually read and comprehend sentence and paragraph structure (and a pretty well written and researched article at that) will probably get overlooked by many because reading has become a nuisance and we'd rather have our general knowledge/learning spoon fed to us...
- icexe, on 04/13/2009, -2/+10it's not how much you earn, it's how much you spend. People naturally grow into their income bracket, so when the guy who makes $100k/year is suddenly making $75k, it's going to hurt.
You people pointing fingers at him, let me ask you this: if you were making $100k/year for the last several years, would you still choose to live in a crappy 1-bedroom basement apartment and drive a used 1991 CRX instead of buying a nice 4-bedroom house with an Audi in the driveway?
C'mon, get real people. - mr5150, on 04/13/2009, -1/+9the state will bleed the people dry before it does away with any of its jobs that ensures its power.
welcome to the 2 party craps game....no new players are welcome and if you try and take away our crap game we'll kill you. - inactive, on 04/13/2009, -9/+17"In Wappapello, Mo., high school English teacher Jerris Evans says she feels secure in her job, which pays $39,900 a year. But she is concerned that budget squeezes could lead to larger class sizes, a heavier work- load, and perhaps a freeze in pay. “I don’t feel that the teachers’ salaries are keeping up with the cost of living,” she says."
Nice to see someone who works 3/4ths of the year complain. Yes, I've seen massive budget squeezes in my hometown that forced elementary schools to drop like flies, but I'd be hard pressed to really complain about pay increases if I had decent job security and summers off. - markgl, on 04/13/2009, -1/+9Well I'm willing to be since they made 100k they have massive mortgage that fits a 100k salary and are in debt big time.
- enicholas, on 04/13/2009, -0/+7Why are you surprised? You buy a home, car, etc. based on your current salary, because of course you're going to keep making at least this much in the future. Then your income shrinks and suddenly you find yourself scrambling to avoid foreclosure. This happens at every income level -- from the guy making $45k who is now making $30k, the guy making $300k who is now making $150k. If you assume your current income rate will continue, and it doesn't, you're in trouble no matter what you were making.
Of course, "just suck it up and sell the house" and such... but surely you are aware of today's housing market? And, of course, all of people saying "well then he shouldn't have been spending so much of his income so a mere 25% drop in income would land him in trouble" are absolutely correct, but generally hypocrites... the vast majority of people out there would have trouble paying their bills if they lost a quarter of their income. - coffeerox, on 04/13/2009, -5/+12It's called living beyond their means. That's the reason why nobody ever takes these stories to heart and no one really cares. If you had a 100,000 a year job, would you go buy a home that costs 1,200,000 that takes over 12 years to pay off? Why would you do such a thing? Instead, you could go buy a nice roomy comfy home in a nice neighborhood for 100-200,000. Rich people get greedy, and want to hoard more, and live better and better and when it all starts crashing down they start to complain about it.
- nesagwa, on 04/13/2009, -0/+7You are a god damned idiot and it shows.
- greevar, on 04/13/2009, -5/+12I stopped reading after I read that the guy making $76,000 had to "juggle bills". If you can't afford to live on $76,000, then you have problems handling money.
- davdev, on 04/13/2009, -1/+7It depends on where you live. In New York, San Fran, Boston, $76K is not much at all, for a family.
I could live on it, but it would require me to sell my house and car and move into a much smaller place.
My wife and I make about $175K combined, cutting $100K out of that would really suck - nesagwa, on 04/13/2009, -4/+10You know they dont get paid for the summer months right?
And that even though they are "off" they still have to plan an entire years worth of class and have their lesson plans finished before august right?
They dont just sit around in their underwear for 3 months enjoy their cushy 35k a year.
How can you say the job has security when schools are laying off teachers and actually just plain shutting down just like everyone else. - honeybrass, on 04/13/2009, -0/+6You can makz hamburger.
- sofaKing812, on 04/13/2009, -0/+6I'm more than happy to take a pay freeze and have my health insurance costs go up this year so long as no gets laid off where I work (the budget gets released in May, so then we'll know what cuts are going to be made).
- nkassi, on 04/13/2009, -1/+7Except the cost of living in California is horrible. Frankly, the salary they pay teachers isn't why the state is going bankrupt. California needs to cut services that are really not essential. And they have many more than the average state.
- sciencelovesyou, on 04/13/2009, -1/+7I don't think so. The magic power of the Internet puts a two-bedroom apartment in downtown at about $1500 a month. Hell, you can get an apartment in the Cosmopolitan Building for $2500.
Burning a mere 1/4 of your yearly income on rent would be cloud-*****-nine for most people. - inactive, on 04/13/2009, -0/+6I live in Wendell less than five miles from the Dealership mentioned in this article. It's 10 minutes outside of Raleigh and five years ago you could get a 2500 sq. foot home for around $150K and still have local small town "Mayberry" charm (it's why I live there). The killer came last year when gas prices hit $4 a gallon because almost everyone commutes. It started running me about $120 a week to get back and forth to work in Raleigh.
But honestly, living in Wendell with an income of over $100K is like living in more metropolitan areas on $300K a year. This dude had the time to save a small fortune. If he didn't exercise it, that's his problem. - korvan504521, on 04/13/2009, -2/+8and what if he has 80 grand in college debt to pay off?
- KarateMedia, on 04/13/2009, -3/+9@crossmr. Right. Which is why we're discussing a man in North Carolina, not Manhattan. As Cyberdactyl noted above, "I live in Raleigh, NC and 76K is PLENTY of money in this area to live quite well."
And again, just because you make $100K/yr doesn't mean you have to spend it all. He's in the automobile industry, on the sales side, he should have known to be saving for a rainy day. - robinthehood, on 04/13/2009, -2/+8If I can come to the defense of someone making 75k a year... You all have to realize that everything is relative. That person probably bought a nicer car, bought a bigger house, may have a few kids, etc. 75k does not go a far way as your cost of living increases.
Now of course, the deriders will say the standard. "That person didn't need to increase their spending with their salary increases."
I personally would like to see anyone who will say "Oh, all I need is 50k a year and I'm laughing. Anything over that I don't need so I'll just weasel it away or give it to charity." and then when they make more they stick to what they say. It doesn't happen.
I used to be one of those people. Then I got married, got a house, got a car. Now I'm thinking about kids.
So am I to be publicly ridiculed because I'm making 56k a year because I didn't have to get married, buy a house, get a car and think about kids?
BS. You people need to stop thinking about things in B+W. - Cyberdactyl, on 04/13/2009, -1/+6I don't buy the comparison of someone losing 25% of their income making 100K vs someone making 25K losing 25%.
There is a minimum cost to live. Electricity, basic food and housing, health care, etc. eats up a very large portion of your income when you only bring in 25K/year. - DonAlfred, on 04/13/2009, -2/+7$100,000 for walking around with other peoples dogs.
$1,5 billion for having your own hedge fund.
But $100,000 for petting other peoples animals? WTF. Only in America. - MrSteamTank, on 04/13/2009, -2/+7Hey liar maybe do some research instead of just picking the highest number to support your argument.
http://www.aft.org/salary/2007/download/SalarySurv ...
63, 460 dollars a year is the average for California. California has one of the highest teacher salaries in the nation because the living costs there are absurd.
Do you want teachers to be have teaching as a part time job? If you've ever lived in a place where teachers are paid jack ***** you'd know that only the worst of the worst remain.
Can things improve? Sure but don't lying doesn't help prove your point at all. - katorga, on 04/13/2009, -1/+6Welcome to wage slavery.
- SJZero, on 04/13/2009, -0/+5In 2005, I predicted that high debt-load and record low interest rates would create a "an economic holocaust the likes of which the US has never seen."
Savings is exactly what we need. This collapse was caused by people over-extending themselves. The banking regulations are the piece of dirt the crystal formed on, but the root cause of the problem was that people were taking out more debt than they could afford, and the government and the banks were helping them.
Once people have savings again, they'll start spending again, and they'll start investing those savings. Some people will lose their savings, but they can rebuild. Some people will make a lot of money. Unlike this speculative investment with debt, malinvestment won't hurt anything but people's savings. - crossmr, on 04/13/2009, -0/+5So I shouldn't talk about how my income has gone up 25% this year....?
- smemily, on 04/13/2009, -0/+4Exactly. Anyone in sales, especially car sales, should live under their means and have a healthy cushion in the bank. Everybody knows that commission-based incomes fluctuate wildly.
Edit: and really EVERYONE should do that, but in sales it is even more of a necessity. If you're making a big comfy sales income, spend it all and save none, you're an idiot. - nepidae, on 04/13/2009, -2/+6If you think that 100k is a lot of money for a family to live on then you probably live in a really cheap area and have no kids (I don't have kids either, but I understand that they can be expensive).
- samssf, on 04/13/2009, -0/+4I don't know how anyone with student loans and a kid could live off $76k living in NYC.
Oh wait, I'm detecting sarcasm.... Ok, I know the dude lives in Raleigh... but still, $76k for a lot of people is nothing. And I don't mean people who have big homes and nice cars. In expensive cities it's barely enough to get by. - crod23, on 04/13/2009, -0/+4....because they're not working....
What's stopping them from picking up summer school classes or another means of supplemental employment while they're not working at their job that pays them "X" number of dollars PER YEAR?
It's not like teachers are duped into thinking that they're going to get 50K per year and then only get 3/4 of that amount. - Rain12913, on 04/13/2009, -0/+4Seriously, where do you live where 75k a year will remove the need to worry about money? Around here (Boston) that kind of salary is really the absolute minimum at which you can even start thinking about buying a house in a suburb.
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