If you worked/are working before starting law school....

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eternallearner
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If you worked/are working before starting law school....

Postby eternallearner » Fri Jun 11, 2010 2:33 am

Just out of curiosity: how much did you earn/are earning before starting law school (per month basis)?

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bostelo
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Re: If you worked/are working before starting law school....

Postby bostelo » Fri Jun 11, 2010 2:36 am

None of your business.

stowhat
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Re: If you worked/are working before starting law school....

Postby stowhat » Fri Jun 11, 2010 2:37 am

A million an hour.

Kobe_Teeth
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Re: If you worked/are working before starting law school....

Postby Kobe_Teeth » Fri Jun 11, 2010 2:49 am

.

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im_blue
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Re: If you worked/are working before starting law school....

Postby im_blue » Fri Jun 11, 2010 2:51 am

Liberal arts majors are starting at about $33k this year.

http://www.nytimes.com/2010/05/25/busin ... djobs.html

eternallearner
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Re: If you worked/are working before starting law school....

Postby eternallearner » Fri Jun 11, 2010 8:45 am

im_blue: thank you for answering.

My potential boss wants me to give him/her a salary requirement. It is with a very worthy non-profit with major responsibility.

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angiej
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Re: If you worked/are working before starting law school....

Postby angiej » Fri Jun 11, 2010 8:49 am

eternallearner wrote:im_blue: thank you for answering.

My potential boss wants me to give him/her a salary requirement. It is with a very worthy non-profit with major responsibility.


Google search - I think there is a website where you can type in the type of job and your zip code to get a good range. It may be something like salary.com.

eternallearner
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Re: If you worked/are working before starting law school....

Postby eternallearner » Fri Jun 11, 2010 9:45 am

Thank you for your helpful link.

Can one live comfortably with $40K? I am trying to come up with a budget, but find it hard to do so.

HBK
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Re: If you worked/are working before starting law school....

Postby HBK » Fri Jun 11, 2010 9:50 am

eternallearner wrote:Thank you for your helpful link.

Can one live comfortably with $40K? I am trying to come up with a budget, but find it hard to do so.


If you can't make a budget for yourself, then you probably need more than $40K, but probably deserve much less than $40K.

Pearalegal
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Re: If you worked/are working before starting law school....

Postby Pearalegal » Fri Jun 11, 2010 9:51 am

eternallearner wrote:Thank you for your helpful link.

Can one live comfortably with $40K? I am trying to come up with a budget, but find it hard to do so.



Yes, unless you're in New York.

eternallearner
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Re: If you worked/are working before starting law school....

Postby eternallearner » Fri Jun 11, 2010 10:00 am

After tax, we are looking at $28000, which means that the monthly earning is $2333.

I live in a place where a safe, decent housing is around $1000/month. That leaves $1333 for everything else. Food is around $400/month. Thus, finally leaving us with $933 as monthly saving.

I just find it hard to swallow that my monthly saving will be around $900.

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MC Southstar
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Re: If you worked/are working before starting law school....

Postby MC Southstar » Fri Jun 11, 2010 10:03 am

xxxx after taxes, bad labor market really cut into it.

you're working for a nonprofit and you're a lib arts major? you're probs not getting much, bro.
Last edited by MC Southstar on Fri Jun 11, 2010 10:19 am, edited 3 times in total.

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HazelEyes
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Re: If you worked/are working before starting law school....

Postby HazelEyes » Fri Jun 11, 2010 10:05 am

im_blue wrote:Liberal arts majors are starting at about $33k this year.

http://www.nytimes.com/2010/05/25/busin ... djobs.html

That's about right.

k77
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Re: If you worked/are working before starting law school....

Postby k77 » Fri Jun 11, 2010 10:07 am

eternallearner wrote:I live in a place where a safe, decent housing is around $1000/month. That leaves $1333 for everything else. Food is around $400/month. Thus, finally leaving us with $933 as monthly saving.

I just find it hard to swallow that my monthly saving will be around $900.


Life has substantially more costs associated with it than "decent housing" and "food." HTH

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MC Southstar
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Re: If you worked/are working before starting law school....

Postby MC Southstar » Fri Jun 11, 2010 10:07 am

k77 wrote:
eternallearner wrote:I live in a place where a safe, decent housing is around $1000/month. That leaves $1333 for everything else. Food is around $400/month. Thus, finally leaving us with $933 as monthly saving.

I just find it hard to swallow that my monthly saving will be around $900.


Life has substantially more costs associated with it than "decent housing" and "food." HTH


healthcare is so goddamnfuckingexpensive.

HBK
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Re: If you worked/are working before starting law school....

Postby HBK » Fri Jun 11, 2010 10:11 am

k77 wrote:
eternallearner wrote:I live in a place where a safe, decent housing is around $1000/month. That leaves $1333 for everything else. Food is around $400/month. Thus, finally leaving us with $933 as monthly saving.

I just find it hard to swallow that my monthly saving will be around $900.


Life has substantially more costs associated with it than "decent housing" and "food." HTH


Seriously. OP, have you ever paid your own bills before? Also, where are you living?

eternallearner
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Re: If you worked/are working before starting law school....

Postby eternallearner » Fri Jun 11, 2010 10:14 am

I know that life has more costs to it than just rental/food. However, based on my observation regarding my own spending habits, those are the two areas that drain the wallet the most and on a monthly (unavoidable basis).

I am predicting to give Uncle Sam 33% of my salary.

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380yarddrives
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Re: If you worked/are working before starting law school....

Postby 380yarddrives » Fri Jun 11, 2010 10:17 am

eternallearner wrote:Just out of curiosity: how much did you earn/are earning before starting law school (per month basis)?


I'm in my early 30's and have been in TV advertising for 10 years. I'm giving up a salary that's fairly well into the 6 figures to pursue this. I'm not in it for the $$, decided to make a change in life.

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MC Southstar
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Re: If you worked/are working before starting law school....

Postby MC Southstar » Fri Jun 11, 2010 10:18 am

eternallearner wrote:I know that life has more costs to it than just rental/food. However, based on my observation regarding my own spending habits, those are the two areas that drain the wallet the most and on a monthly (unavoidable basis).

I am predicting to give Uncle Sam 33% of my salary.


33% tax with that low of a salary? wut?

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380yarddrives
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Re: If you worked/are working before starting law school....

Postby 380yarddrives » Fri Jun 11, 2010 10:19 am

eternallearner wrote:I know that life has more costs to it than just rental/food. However, based on my observation regarding my own spending habits, those are the two areas that drain the wallet the most and on a monthly (unavoidable basis).

I am predicting to give Uncle Sam 33% of my salary.


@$42K per year you're nowhere near the 33% tax bracket, even on a marginal basis.

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paratactical
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Re: If you worked/are working before starting law school....

Postby paratactical » Fri Jun 11, 2010 10:21 am

.
Last edited by paratactical on Wed Feb 13, 2013 9:21 pm, edited 1 time in total.

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ozarkhack
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Re: If you worked/are working before starting law school....

Postby ozarkhack » Fri Jun 11, 2010 10:21 am

eternallearner wrote:I am predicting to give Uncle Sam 33% of my salary.


Play with this doo-dad (LinkRemoved) to see your options.

If you're making $35k, you're take home CAN be roughly $2,200/monthly (that's about 75% of sticker salary). That depends on several things, though: withholding rates for fed/state income taxes, your health insurance premiums (if any; some non-profits, like where I work, are good about paying 100%) and your 401(k)/403(b) retirement contributions.

You are contributing to your 401(k)/403(b), yes? Good.

It's not a princely sum, for sure. But if you don't have any debt (c-cards, car payments), you'll be OK. ESPECIALLY if you have roommates/SO to split rent/bills. Me, I always preferred to live alone until my fiance came along. But I certainly paid for that preference.
Last edited by ozarkhack on Fri Jun 11, 2010 10:23 am, edited 2 times in total.

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MC Southstar
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Re: If you worked/are working before starting law school....

Postby MC Southstar » Fri Jun 11, 2010 10:21 am

paratactical wrote:
eternallearner wrote:Thank you for your helpful link.

Can one live comfortably with $40K? I am trying to come up with a budget, but find it hard to do so.


If this is a nonprofit entry level position, I would be surprised if you get 40k.

Entry level nonprofit positions in NYC start as low as 25k and, in my experience, rarely go above 35k. I would be really surprised if a nonprofit in a smaller market was willing to pay entry salary of 40k.


Live in the bronx.

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NayBoer
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Re: If you worked/are working before starting law school....

Postby NayBoer » Fri Jun 11, 2010 10:24 am

I live in California, make more than that, and "only" pay ~26% in taxes.

d34d9823
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Re: If you worked/are working before starting law school....

Postby d34d9823 » Fri Jun 11, 2010 10:28 am

.
Last edited by d34d9823 on Wed Aug 04, 2010 11:20 pm, edited 1 time in total.




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