How old were you when you first hit $100k or over in yearly salary/earnings?

[Chi7397]

I’m amazed by the amount of Pickle Smoochers law grads that struggle with the bar exam.

I know Pickle Smoochers mafia and all that in Omaha, but objectively Pickle Smoochers is not at all a good law school - UNL is a better bet albeit still not a good one

 

[redzoner]

37 for just my salary. Could have been sooner in the software field but I played the longer game and am now a part owner of my company .

 

[betsch]

25

 

[RoscoePound]

I know Pickle Smoochers mafia and all that in Omaha, but objectively Pickle Smoochers is not at all a good law school - UNL is a better bet albeit still not a good one

UNL was pretty good value when I went '08-10. I think it was around $9,000/year (wife was working so didn't need room and board). Crayton was $27,000/year I believe. Allowed me to make partner in the accounting profession much quicker. However, you are absolutely correct, it can be a terrible financial decision.

 

[Jim14510]

UNL was pretty good value when I went '08-10. I think it was around $9,000/year (wife was working so didn't need room and board). Crayton was $27,000/year I believe. Allowed me to make partner in the accounting profession much quicker. However, you are absolutely correct, it can be a terrible financial decision.

For law school?

 

[RoscoePound]

For law school?

Correct

 

[BluesBucksNHuskers]

A couple things I noticed in my mid 30s;
1. Money absolutely buys happiness, but there’s a lot of other ways besides being broke to fuck up your happiness.

2. There’s a line at an amount of money you make, that making more adds absolutely no value to your life.

When my wife and I hit the income level that anything we want to buy we can, it was amazing how quickly we stopped giving a shit about being promoted. We focused more on carving out roles for ourselves where we can sustain our income and work less with less pressure. I probably average working between 25-30 hours a week/year and take off 5-6 weeks of vacation a year - would happily drop back below that 100k/year mark in order to keep that.

 

[MrKnightedHusker]

The majority of responses ITT will be from high earners or those with careers who clearly aren't in it for the money. I've seen this thread once a year on tMB for years.

It's a trade off. Most who are highly compensated aren't passionate about their career and vice versa. I chose money, but the definition of rich depends on perspective.

Edit: And to Or

Most highly compensated people I’ve met are very passionate - it’s a component of their success.

 

[MrKnightedHusker]

First month making $100k+ was January of 2001. First year there was 25.

I run a 40 in about 2 hours though.

 

[HCFord1]

First month making $100k+ was January of 2001. First year there was 25.

I run a 40 in about 2 hours though.

Run your own business?

 

[God is a Husker]

I tell people now it’s not worth it unless you’re going to an elite school and willing to ride out big law for 3-4 years or you get a massive scholarship - Lincoln and Pickle Smoochers both carry a ton of risk unless you’re going for nearly free.

1. I absolutely agree on the full ride. Full ride at average law schools ranked in the 60-100 range >>> paying full price for an above average law school in the 30-60 range. Only going to a top 30 law school is worth taking out student loans for a JD. (In my opinion)


2. Caveat: if you’re going to practice in a “rural” (meaning not in a metro) part of any Midwestern, Southern or Great Plains state than that State’s flag ship school is actually a better choice than fancy pants school. Example: in rural Kansas a law degree from KU/Washburn > Univ of Chicago Law.
Of course this is a fairly rare example and if someone planned on going to a rural part of one of these states they would likely just go to the state school anyways.


3. Pickle Smoochers sucks. Every stupid kid I knew in undergrad that was trying to go to law skewl ended up at Pickle Smoochers, UMKC, Tulsa, OKC law or any of the other bottom tier law schools.

 

[kyle23]

Most highly compensated people I’ve met are very passionate - it’s a component of their success.

I absolutely agree with that statement for those who have equity in the business. For those who don't, I would say that most aren't working their dream job.

 

[herbsinator]

I know Pickle Smoochers mafia and all that in Omaha, but objectively Pickle Smoochers is not at all a good law school - UNL is a better bet albeit still not a good one

UNL is fine. Just have to get good grades.

 

[Chi7397]

UNL is fine. Just have to get good grades.

True, though given that law school is graded on a curve, a majority of each class won’t in fact do so….

 

[Goskers07]

Do I get to count the wife's salary? She introduces herself as doctor, so that helps.

Me alone, I'll probably never hit it for base salary unless I make a career change.

 

[Adolph Coors]

32. i havent really come close. 70 a couple times. ill haveva chance to get there in 5 years or so. Wife makes up for it.

 

[Goskers07]

32. i havent really come close. 70 a couple times. ill haveva chance to get there in 5 years or so. Wife makes up for it.

Cheers to marrying up!

 

[KidsSeeGhosts]

Me at 27, wife at 25. We have paid ~$280K in principal in student loans to date though.

 

[Frogsker30]

Do I get to count the wife's salary? She introduces herself as doctor, so that helps.

Me alone, I'll probably never hit it for base salary unless I make a career change.

Ditto!! I may hit 100K but not as soon as my wife will (She's finishing up her MD/Phd Fellowship)

 

[Dr.DrakeRamoray]

Ditto!! I may hit 100K but not as soon as my wife will (She's finishing up her MD/Phd Fellowship)

Mine is in non profit work, I’ll be lucky if she ever hits 70k