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/biz/ - Business & Finance


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49870935 No.49870935 [Reply] [Original]

Is 74k/yr a good compensation for 24 year old?

>> No.49870949

>>49870935
Depends, which month did you turn 24?

>> No.49870960

>>49870935
It's acceptable.

>> No.49870986

If you live in a flyover/non-coast city: yes that’s pretty good.
Otherwise you are a poorfag.

>> No.49871034

>>49870935
it's decent starting salary
just be smart and invest + get promotions
hope this helps frendarino :^)

>> No.49871064

it sounds quite huge from an european pov. i guess there are drawbacks like health insurance cost or others ? i mean surely earning around 7k$ a month seems comfortable

>> No.49871079

>>49871064
he isn't taking home anything close to 7k a month, sweetie

>> No.49871157

>>49870935
That's about what I'm at OP. 23, Chicago, in tech.

>> No.49871182

Nothing is so good that can't get any better.

>> No.49871201

>>49871079
you are right it's more around 6,1k/month. But i mean it's still a lot. in France you are considered rich when you earn +3100€ per month. What are the hidden fees about US salaries or life ?

>> No.49871237
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49871237

It's all relative, I'm 25 and make less than half that before taxes

>> No.49871240

>>49871201
It's not 6.1k/month. You're forgetting he has to tip his employers.

>> No.49871262

>>49870935
There is no compensation which makes up for being a wagie sorry.

>> No.49871747
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49871747

>California
>Salary:87k
>After Taxes, Health Insurance, 401k: take home 4.1k every 4 weeks
>Take home: 53.3k a year plus 1k bonus

I thought it would be more

>> No.49871789

>>49871747
I'll probably get a couple thousand from my tax refund though, right.