aroundtheom
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Make a strict budget and aggressively invest your savings...it's a good start but you can easily fall into the pitfall of living paycheck to paycheck |
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J.C.
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If you are breaking your back doing manual labor, then no, that's not a lot of money.
If at any point during the day, you seriously ask a customer, "would you like two apple pies for a dollar," then yes that's a lot of money.
If you are involved in any sort of politics in America, then you are being overpaid. |
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iwaann60640
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not a lot but you gottta start somewhere. |
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sunshine_today
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It depends on where you live and what your expenses are. If it's enough for you to pay your bills and save a little, then be happy with it and congrats on getting a job! |
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Mr Jiggle Pants
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It is if the year was 1986...that is what I made back then..today...it should be around 35-40 |
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SWH
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It depends.
Are you a college graduate --- No. Most college grads start from 30-50K.
Do you have work experience? --- Maybe $28K is good.
There's too many factors involved to say that $28K is a good salary or not.
/// |
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Geeeyaaa
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Some adults live off of $7 an hour or less and stay for years. (minimum wage)
That's like $16k and under per year if they maintain 40 hours per week.
I guess you're doing better than some people. |
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richard k
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Where ? With children ? Downtown ? Wich sector ?
What are your needs ?
Some are earning 28,000$ and are saving 5000$ a year.
Some are earning 280,000$ and are in debts... |
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Canadian Wisdom
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It is decent money, but nothing amazing.
Below average is $1000 for each year of age.
A better goal is to double your age in salary per $1000; so if at 22 you are doing $44,000 then you're doing good.
The idea is that by 50 you are doing AT LEAST $100,000 |
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1901pink
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I'm sure it seems like a lot to the 22 year old! It is all relative to what he/she is doing for a job, what bills they have, and what lifestyle they are looking for. I didn't make that much when I was 22!
Try this link it is to CNN Money and it has a lot of neat little ways to calculate how you are doing financially.
http://money.cnn.com/index.html
another one
http://cgi.money.cnn.com/tools/networth_ageincome/index.html |
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mx_hart
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It's a lot compared to someone not making any money (or less than 28K). But for practical purposes, it's on the low end of middle-income/high end of low-income. If you're talking gross amount, it'll actually come to about $1900/month take-home or $800 every two weeks or about $13.50/hour. It's certainly not doing too shabby - especially if you're single with no dependents. You likely would not be able to make an average mortgage payment (avg being about $1000 for a small/medium home depending on where you live). Especially if you're fresh out of college and this is entry-level wages, you're doing fair-to-middlin with this income. Hopefully it will increase exponentially sooner than later if you hope to have a family and a nice place to live before you're a grandfather. :) |
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Robert L www.gogreedy.com
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Age has nothing to do with the amount of money you make. the amount you make is based on your industry as well as the location. Example a job in LA would pay 65k a year but in Pittsburgh that same exact job would only pay 25k. So it really does depend on your situation. If you have not had a "real job" before then you need to look at it as a start and think about the future. 22 is young as far as a work force goes. Congrats on the job and good luck
Bob Laibach
www.gogreedy.com |
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treyprice04
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Your question has so many variable that come into play it is impossible to answer. As someone pointed out earlier it depends on what you are doing for $28,000 a year.
A) Do you have a college degree? The average job for a college graduate is around $35,000 right out of school. If you are not a college grad and just starting work then you aren't doing too bad.
B) How much work experience do you have? If you have been working in the same field since you were 16 and you now have 6 years of experience you might not be doing the best you could. If you have a bad work history and jump from job to job and your background isn' very strong then I say you might be doing better.
C) What kind of job are you doing? If you are a NBA player you aren't even making 10% of the league min. If you are a clerk at a grocery store then you are being paid high seeing as how the minimum wage is $6 or something.
D) What are your liabilities? If you have a new car payment, pay rent, and have a lot of credit card debt then what you are making isn't a lot of money.
E) Does the position you are in have good opportunities for advancement? If your job has a lot of opportunities internally then it might be worth sticking it out at the lower sallary to get a better position later on. Also if this position will help you get a better job later on then it might be worth it too. |
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candleman1982
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depends on where you are, in a city like DC (I have family there) its not much, but around hear (rural Maine) 25000 has been know to provide for family's of 6 (4 kids) |
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.
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depends
full time or part time
u should be making more or else u will be barely able to live
u do paycheck to paycheck |
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francisco
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Nope! you need to be at least making 34,000$ in a year. |
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