Pima
10-Year Member
- Joined
- Nov 28, 2007
- Messages
- 13,900
LITS I am not saying it converts into 100K as an O3, but you'd be amazed at the amount of taxes people pay in NJ.
~RE taxes are on par with MD. My Mom owns a 1500 sqft home in Central Jersey (exit 8 A ) on a postage stamp lot and she pays almost 2x as much as I pay for my 4500+ on 10 acres in No VA. My home is also valued @3x the amount of hers.
In essence, between taxes and the commute (no slugging there) their take home is way less than one may think. My guess would be maybe 60k off a 100k salary. That is my point. The OP is looking at the $ signs without looking deeper. Kind of funny if you think about it...they want to be a banker, but doesn't understand net vs gross. I would also point out that it is common knowledge companies like Merrill Lynch use and abuse new blood....they may say the workday is 8-5, but it is like the Pentagon, the real day is much longer. Remember working at the Pentagon....you were considered late for work if you were there after 7:15, and leaving early at 4:45. Sequestration was a big shocker in that building when the GSs actually worked 8 hr days. IE what do you mean you won't be at the meeting....it is only 4!
I also was deferring to you regarding the fact that you have been very open and honest regarding your job search when you left, and of course I see you as comparable since you have an SA undergrad and a G'town grad.
~ IE how long did it take, how did you survive financially without your military paycheck?
Nobody here has a crystal ball and can tell the OP what the economy will look like in 5 years let alone a decade from now...can we all say the housing meltdown? Does the OP have a clue what most financial analysts expect to be the next bubble to burst? It will involve banking/loans again...student loan defaults. If it comes to fruition do you think banks will be hiring, or firing again?
I still feel the military is not a match for them because of my signature line. SERVICE BEFORE SELF. I am not sure they are ready to live a life 24/7/365 days a yr. Living, going wherever the Navy says to go, whenever they say go. It is a hard enough when you want to be in, harder when you are on the fence deciding if you want to be serving. Remember, they have the final decision where you live, what your career field will be and how often you will deploy, on top of that the crystal ball comes into effect again. Do you think anyone that commissioned from an SA in 97 saw 9/11 on their radar? Yet, it happened and many got caught in the STOP/LOSS sphere.
~RE taxes are on par with MD. My Mom owns a 1500 sqft home in Central Jersey (exit 8 A ) on a postage stamp lot and she pays almost 2x as much as I pay for my 4500+ on 10 acres in No VA. My home is also valued @3x the amount of hers.
In essence, between taxes and the commute (no slugging there) their take home is way less than one may think. My guess would be maybe 60k off a 100k salary. That is my point. The OP is looking at the $ signs without looking deeper. Kind of funny if you think about it...they want to be a banker, but doesn't understand net vs gross. I would also point out that it is common knowledge companies like Merrill Lynch use and abuse new blood....they may say the workday is 8-5, but it is like the Pentagon, the real day is much longer. Remember working at the Pentagon....you were considered late for work if you were there after 7:15, and leaving early at 4:45. Sequestration was a big shocker in that building when the GSs actually worked 8 hr days. IE what do you mean you won't be at the meeting....it is only 4!
I also was deferring to you regarding the fact that you have been very open and honest regarding your job search when you left, and of course I see you as comparable since you have an SA undergrad and a G'town grad.
~ IE how long did it take, how did you survive financially without your military paycheck?
Nobody here has a crystal ball and can tell the OP what the economy will look like in 5 years let alone a decade from now...can we all say the housing meltdown? Does the OP have a clue what most financial analysts expect to be the next bubble to burst? It will involve banking/loans again...student loan defaults. If it comes to fruition do you think banks will be hiring, or firing again?
I still feel the military is not a match for them because of my signature line. SERVICE BEFORE SELF. I am not sure they are ready to live a life 24/7/365 days a yr. Living, going wherever the Navy says to go, whenever they say go. It is a hard enough when you want to be in, harder when you are on the fence deciding if you want to be serving. Remember, they have the final decision where you live, what your career field will be and how often you will deploy, on top of that the crystal ball comes into effect again. Do you think anyone that commissioned from an SA in 97 saw 9/11 on their radar? Yet, it happened and many got caught in the STOP/LOSS sphere.
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