How much do you earn? - FMVperformance.com : The site for all your Ford Mazda and Volvo needs
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post #1 of 63 (permalink) Old 07-20-2005, 12:15 AM Thread Starter
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How much do you earn?

<- Hey all, n00b here.

I'm going to buy my 3 before the end of the month, and its going to be a significant expense for me. I'm wondering how much the average 3 owner earns and what they do for a living. I searched out for a similar topic, but only found one about jobs, not earnings.

I'm currently a professionally certified Human Resources Generalist and I earn $35,500 (which is a little low, but my benefits package rocks)
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post #2 of 63 (permalink) Old 07-20-2005, 12:22 AM
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Re: How much do you earn?

To be honest, it doesn't really matter how much you earn; it's how you invest it that matters. If you could take that 35grand a year and invest it instead of putting it in the bank where it earns you a couple bucks a year then you could have a lot more money to do what you will!

However, I shouldn't be talking, because I am only 17 and my daddy is paying for everything right now. Anyways, I'd say that a mazda3 would be an awesome car for you, just because it's the best bang for the buck + less than 20k sedan!
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post #3 of 63 (permalink) Old 07-20-2005, 12:33 AM
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Re: How much do you earn?

Well Last time i checked if you made 35 grand a year you probably spent most of it on living. Not investing. If you had 35 g per year in the clear then yes anyone could make more money by investing it. I make around 50 g per year but I still am about a month away from going broke just like alot of people. I dont mean to disrespect you but if your 17 yrs old you need to live a little before you tell someone else how to spend their money. The guy didnt ask how much money you could make him he asked how much you made per year. Well??

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post #4 of 63 (permalink) Old 07-20-2005, 12:50 AM Thread Starter
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Re: How much do you earn?

[quote author=No Clue link=topic=25763.msg348869#msg348869 date=1121833982]
Well Last time i checked if you made 35 grand a year you probably spent most of it on living. Not investing.
[/quote]

Thank. You.

Rent + Utilities + Insurance + Cell Phone + Cable + 401(k) deferrals + Flex Spending Account deferrals + medical/dental benefits + credit card payment + food + gas + business dress + dry cleaning + student loans + a million other little things = Not a lot left for investing.
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post #5 of 63 (permalink) Old 07-20-2005, 12:52 AM
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Re: How much do you earn?

To the lounge!

Enjoy your spahgetti, you're very rude.


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post #6 of 63 (permalink) Old 07-20-2005, 01:10 AM
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Re: How much do you earn?

I'm a student but I'm lucky in that my parents agree to cover tuition (minus what my scholarship pays for). That leaves my savings and my co-op money to pay off the 3, which is entirely my own expense. I've been working for about 7 years now, so I have money saved up. I live at home, and my only expenses are my car, cell phone, internet bill, insurance, and whatever I spend on eating and going out and things that I want. Luckily, I have no debt whatsoever, other than my car loan which I expect to have paid off within the next 6 months or so. 6 months out of the year I go on co-op (which is basically a paid internship to get real-world experience related to my major, and something to put on my resume). My co-op this time around pays $800/week. It's nowhere near as much as full-time employees make, obviously, but it helps.

Anyway, that's how my 3 gets funded.


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post #7 of 63 (permalink) Old 07-20-2005, 02:06 AM
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Re: How much do you earn?

Sorry if I sounded like a know-it-all, I am not. However, if you invest a little now, you will have a lot later.. but if you spend a lot now, you won't have much later.

My grandpa had a hefty some of money that he earned.. he spent it all (more than 3 million) and now he's workin for my dad making just enough to live. He didn't invest it right, therefor he has no money anymore
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post #8 of 63 (permalink) Old 07-20-2005, 03:32 AM
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Re: How much do you earn?

My cousin's grandmother had a saying about this. Translated, the saying was: "I'm not asking you how much you make. I'm asking you what you do with what you make."


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post #9 of 63 (permalink) Old 07-20-2005, 03:42 AM
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Re: How much do you earn?

[quote author=Unheard link=topic=25763.msg348956#msg348956 date=1121839575]
if you invest a little now, you will have a lot later[/quote]
Investing doesn't help with making car payments now. *I have a little money invested however by the time i see any of it, my car will already be paid off. So as you can obviously tell the amount one earns plays a great deal in how much one can spend on a car, which is why BrianS began this thread. And as No Clue pointed out 35g doesn't leave much left to play with (you will learn that life is expensive once
Quote:
daddy
stops paying) and as the saying goes "it takes money to make money". and just cause you invest money doesn't mean you'll have alot later, since investing involves risk in which you can also lose alot of money. And not to mention my Vanilla Ice avatar kicks your Eminem avatars ass

As far as BrianS question I earn in the same vacinity *however my car payment isn't a signifigant expense since i was able to put a large amount down so my payments are only $165 a month
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post #10 of 63 (permalink) Old 07-20-2005, 03:46 AM
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Re: How much do you earn?

I am 17 and I earn 50/hr doing comp stuff... not bad, eh?

[size=9px]NEW! 2006 Ti Gray Mazda 3s GT // 2.3 L Engine // 5-speed MT // Automatic HID headlights // Heated Leather Seats // Automatic Climate Control // Rear Lip Spoiler[/size]
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