How much is 40k a year?

[At-Least-It's-An-Evo]

40k is 40k. What is there to know.

[X Factor]

I think maybe he wanted a math breakdown?

[JET]

$40k isn't a bad starting wage at all, especially for a 2 year degree. For some general future planning, a $200k house is going to cost you about $2,000/mo including all the expenses (elec, heat, insurance, taxes, mortgage).

Do you know what future potential is in a job like that? I know the medical industry is hurting for people, so the pay is good. If pay is $40k-$60k then you should be in good shape, $60k is a nice salary for only a 2 year degree. You could always get some experience under your belt and go back to school part time and further your degree also.

[X Factor]

You could always get some experience under your belt and go back to school part time and further your degree also.

Basically what i'm doing... I make 35 though. I only have 1 year of my degree.

[SLOW_V]

Making 40k/yr is pretty good money....making allot more for what you don't have experience yet is very unrealistic. If you are in a field who gets paid high off the bat your ceiling will probably be max pretty fast....Just remember as you make more allot of employer will required more and you will compete with other who will have more years.

[turbotalon1g]

For those with helpful words thank you so much.
The job i was looking at was at wells fargo for a analyst, and it was 78k starting and it said 105k midpoint(whatever that means)

With radiology, i wanted to do the 2 year get some experience, then head back for a specialty and make the big $$$. $30/hr+ for MRI techs and other stuff.

The computer thing just straight up interests me more though, and i want money.

The money thing.
I grew up not really having a lot, i just don't want to have to worry about money like i do now and like my parents did when i grew up, that is why i am scared about 40k not being enough.

[scheides]

Fuck radiology then. Do what makes you happy, and you will make more money and live a better life. You can make a lot of money doing IT stuff, and if that's what makes you happy then stick with it. I honestly think 78k starting is not gonna happen, just because of what the market is like right now, but if you want, I know enough people to get your foot in the door at a few places.

I've yet to read this book, but it comes highly recommended:
http://www.amazon.com/48-Days-Work-You-Love/dp/0805431888

[MitsuChick]

40k a year is not that much if you are the only one bringing in money for a family, but if its combined, then who knows. It also all depends, like everyone is saying, how you want to live. I can say, since I work as a NA and I am going to school to be a nurse, that there is a LOT of opportunity in the medical field and if you want to make more that 40k a year it will be easy by just doing overtime and picking up shifts. It may be different for radiology, but I get huge incentives for picking up shifts, coming in on weekends and for pulling doubles. There is also a lot to do in the medical field and a lot of opportunities so that you wont ever get bored with your job. Chances are if you go to a hospital with a 2 year, work there for a while and tell them you want to expand your education that they will pay in full or at least a good portion for you to go back to school.

So with that said, although 40k is not that much it is good to begin with, I know you will be able to make more if you have the drive too. Also if it is more than you are making now, that’s always good. You are still young and have a lot of time to make more money. I think you would like the job, you get to meet a lot of interesting people and have a chance to potentially help change a persons life, which you don’t get to do in every job.

[turbotalon1g]

Thanks scheides, book is on the way, i need to start reading again anyway.

[AJ]

The only suggestion I'll give it don't let $$$ control what you decide to do and don't worry about $40k a year not being enough. I hit that mark about 6 years ago working in the tellecomminications area and I hated it. I could of stuck with it and probably be making an easy figures by now and could have picked where I wanted to work in the US. I'm really happy I didn't go that route, worked a few odd jobs, started a business, and then found what I wanted and went back to school. Now I'm back where I want to be financialy and doing something that makes the day fly and that I actually enjoy.

Do what you want to do and if it pays good it's a bonus. You're still young enough to give a few things a shot yet and see where they lead. Hell, if radiology sounds cool, roll with it, see what happens. if it doesn't make you happy, keep it as a fall back and use things you've learned through that path to rock the next venture.

Man, I sound like a soap opera. lol

I agree that money makes people happy, it provides comfort, and there is nothing wrong with wanting to have it, it's yeilding the control it can have that's key.