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Old 12-17-2007   #1
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How much is 40k a year?

So i am getting ready to apply to radiology schools and talking more and more to people in the field it seems like the average salary is 40k.

I don't really know how much this is because i have never really had a steady job with set hours every week or salary to know.

Plus the last 2 years have really been the only ones i have kept an eye on what i have been spending and what not.

I am asking cause computer analyst jobs have been catching my eyes a lot, with the high pay and most part set hours, plus problem solving is something i like, i like to be challenged.

Down fall is that if you don't have a 4 yr in computer science you won't really make that much from what i have been reading the last few days.

I didn't persue computer science cause i was always told that the job outlook was low, as would be the earnings with so many people going into that field.

Thanks for listening.

Aaron
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Old 12-17-2007   #2
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Re: How much is 40k a year?

Computer science is tough right now, if you go into the business side of it, like MIS.. there are more oppurtunities. CS majors do alot more on the programming side, which I dont really enjoy.

You could probably get into a help desk job, or something similar in support and make 30-40k.

35k is about 1800 a month after taxes, just to give you an idea.
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Old 12-17-2007   #3
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Re: How much is 40k a year?

What specifically do you want to do as a computer analyst? What did you do in school, and what's your resume like? Send it to me, I'll help ya out: chris@snowsecurity.com. Also, feel free to list skills and whatnot here for further discussion.

$40k is a very nice starting wage. A good way to think of it is to convert every $20k/year into $10/hour wage, since this is probably what you are used to measuring your income in. Working a salary position at $40k/year will give you right around $900-1000 take-home every two weeks, or around $2k/month.
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Old 12-17-2007   #4
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Re: How much is 40k a year?

I'm done with school for good on thursday... yay. time for a "real" job... hello fast 1g? or hello evo? haha.

In a sense, $40k / year is NOT that much. You might be able to afford an OK house with that much, but that depends on your standards. Just get married to a sugar momma.
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Old 12-17-2007   #5
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Re: How much is 40k a year?

40K a year = $3,333 net a month, or about $1250 take home every two weeks, depending on taxes and health coverage costs.
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Old 12-17-2007   #6
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Re: How much is 40k a year?

Like said above, $40k/year is about $20/hour and is a decent starting salary. You won't be rich or living like a king, but its enough money to live comfortably and drive something decent. Another thing to remember are the other perks that generally come with good jobs like a 401k plan, medical benefits, paid-vacation days, etc.
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Old 12-17-2007   #7
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Re: How much is 40k a year?

$40k/yr ÷ 52/wks ÷ 40/hrs = $19.23/hr
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Old 12-17-2007   #8
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Re: How much is 40k a year?

I remember talking to you a bit about this when I bought your tranny. Next time to register for Radiologic Tech at Century is Jan. '09. Shitty thing about Century is that you have to do all these stupid pre-reqs that take about a year. So if you start Spring '08 you should be able to register when I do, but you'll probably have a better chance to get in than I do. My gpa is a little low from my first year fuck ups. Volunteer work is a + when you register along with a min. of 2.5 gpa.
Twenty Dollars per hour avg. for that 2yr, I think is a pretty good start but like someone mentioned you wont be living like a king. I guess it depends on the lifestyle you want to be living. Im going to be taking a career class next semester to see if I want to stick to Radiologic Tech. or not. Forty Thoursand a year might not live up to my expectations.
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Old 12-17-2007   #9
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Re: How much is 40k a year?

Don't forget on salary you can end up working more than 40hrs a week but you get paid the same amount. I'm glad I'm salary with overtime, my manager isn't.
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Old 12-17-2007   #10
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Re: How much is 40k a year?

Yeah your take home on 40k depends on your benefits and what-not. Whether you do 401k etc.
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Old 12-17-2007   #11
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Re: How much is 40k a year?

40k is 40k. What is there to know.
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Old 12-17-2007   #12
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Re: How much is 40k a year?

I think maybe he wanted a math breakdown?
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Old 12-17-2007   #13
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Re: How much is 40k a year?

$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.
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Old 12-17-2007   #14
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Re: How much is 40k a year?

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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.
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Old 12-17-2007   #15
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Re: How much is 40k a year?

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.
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Old 12-17-2007   #16
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Re: How much is 40k a year?

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.
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Old 12-17-2007   #17
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Re: How much is 40k a year?

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-Y.../dp/0805431888
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Old 12-17-2007   #18
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Re: How much is 40k a year?

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.
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Old 12-17-2007   #19
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Re: How much is 40k a year?

Thanks scheides, book is on the way, i need to start reading again anyway.
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Old 12-17-2007   #20
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Re: How much is 40k a year?

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.
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