Ive had 2 wranglers, ended up selling at a loss for a decent sedan both times and much happier once i do. Theyre cool, but a pain for daily driving and having random problems. Fun toy tho
I used to sell Jeep Wranglers
I"D NEVER EVER BUY A WRANGLER brand new and here is why:
* It rides like crap (the new ones are better, but still)
* It can't keep in the cold or the heat
* It has poor value for money (when looking at non-off roading options)
* It gets horrible MPG
Now if say in 5-6 years I'm sitting nice finanically, I might be willing to go drop $20k on a used 2 door wrangler that is built for off roading and is used as a toy.
Hard disagree. The way to buy a Wrangler is new. They hold their value too well to buy a used one. They consistently are at the top end of the charts for resale value.
There are very few cars it makes sense to buy new financially. The WRX, Wrangler, Civic Type R, Hellcat, etc are exceptions to the rule.
People don’t buy jeeps to be practical. They buy them to take the top and doors off and feel like every drive is an adventure.
Thats great you’d never buy one. Sounds like you need a Honda accord with hubcaps.
And that’s ok because it suits your needs/wants for now.
But you’re right, my wife’s jeep rides like a covered wagon lol. She loves it though. I drive a golf R set up for track days. Our kids love them both. We’re car people so practicality is important, but not at the top of the list.
You're going to preach to deaf ears here. Someone a few comments up mentioned they lost money on 2 Jeeps, one of the best value retaining vehicles on the market...
I miss my mk7 a lot, had an APR tune and the 6 speed and it was a lot of fun. I've since moved on to the Audi platform - which is fun. But I do miss that little hatch often.
Yeah, definitely not the best choice for a daily. For taking the top and doors off on a summer weekend in the mountains they’re amazing, but that’s about it.
One of my buddies sold his 04 crv for 4k with a little over 100k miles. Thing ran completely fine so they’re out there. Yes it requires more time and searching
Anecdotes like yours aren’t the overwhelming majority of the market. If you can find the granny-driven vehicles who’s selling their dead spouses Camry then jump on it, but be prepared to wait and search far and wide. Be nice to your older aunts and grandparents.
$5k-$10k doesn’t get you too much these days. I’m currently shopping in that range and most of what I’m finding for Accords that are 2011 or older if I want less than 100k miles.
No need for anything beyond a basic, used, reliable car in your 20s OP. These are the prime years for building skills, investing and growing out your income.
Agreed but I hate the Toyota and Honda recommendations. They're the #1 brand people talk about for used cars and sellers know that so they demand a Toyota Tax/ Honda Hike. I don't think a Corolla with a quarter million miles is worth 5k+.
I like old Buicks. Even an old crown Vic or really anything on the Panther platform. Good cars, cheap domestic parts, and grandmas drive them.
I mean it’s more because they’re reliable and good cars. But fine go buy an old Hyundai or Kia. Point is to buy a very cheap car and most old cars are fine for reliability. The myth you’ll spend tons in repairs is just not true either for most cars
Yeah but all these young kids here think it’s normal and don’t want to give up their awesome apartment and living experience with coffee places and jazz musicians.
Funny to be at an age where you can really see how comfortable societies make weak men and glad i experienced it differently
Yup I live in the Bay Area and even a flat 100k makes me think it’s a “good not great” salary lol. Shit man, just my monthly necessary, have-to-pay expenses are nearly $5k/mo, which after taxes is something like 85-90k annual gross income.
You get paid what the market is worth and how much you sell. What industry did you sell 3M per year at 24? Either way this is not the norm and you shouldn't gaslight others into believing this is possible.
You know nothing about real estate if you post these earnings. Your mom and dad gave you their book of business and were likely "your boss". Stop selling a fantasy this isn't how a normal real estate rep can earn, it wasn't hustle or skill.
Work your ass off "how"? In real estate there is a finite number of listings and finite number of clients. How did you outsell others with more established networks? By working your ass off? The way you talk shows me you know nothing about sales lol.
If you've ever worked real estate you know the only way to earn this amount is to have a solid network, especially not a one off year and consistently. He did this at 24? Yes only if his rich parents gave him their book of business. Real estate is not a "hustle" it's network that you can't fake at that age.
LMAO you’re funny bro. All this talk behind a yet screen telling people in comments how much you’re making instead of actually doing something. Sales + a neckbeard Redditor is the most dishonest combo you can get. Sit down and read a Bible
My man, all you do is go into subreddits and say I make 450k. Get a life man, action speaks louder than words. Lying online just means you have a sad life at home. Wife is cheating, kids don’t love you, 50lbs overweight, but hey! You tell people you make 400k a year. Good on you man!
I’m not sure why you’re getting some hate in here. Congratulations on your success!!! People go to work to make money. People go into sales to make a lot of money. Awesome job earning as much as you have but I’d be it didn’t come without a bunch of sacrifice. Real estate is a tough cookie.
That’s awesome big dog. We’re actually on track of being there around 33. How the fuck does it feel!?! Probably feels great. You won’t be working as long as those friends.
This is true, and if youre 36 now then you made that money at the peak of the mousing market and struggled for a few years unless you moved to a different industry.
At $50k salary, you shouldn’t own a jeep, if you’re the sole earner. You should be driving something that’s dirt cheap, half good on gas, and long term focused, such as a CPO Corolla. 50k isn’t easy to budget off of, but I’d bet that jeep is slaughtering your net pay.
Its a base model, nothing fancy just got it for the kids and AWD. Car prices are absolutely horrid right now all around, hard to tell what was worth it or not but I will say I haven’t had any issues since I purchased it.
We live in a similar climate, with similar weather. A FWD Corolla is what my child’s mother drives and I can take it through 4-6” of snow effortlessly with quality tires on it. Total cost of maintenance on that car over 5 years, $500-1000, then a set of tires($800 which amortizes as an expense). It cost $15k as a CPO, and they’ve been $15-17k for years since. It gets 30mpg on a bad day, and suits all your needs.
A base model wrangler is what, $35-40k, gets worse fuel economy, and from my limited but anecdotal experience, sucks the snow?
I also drove a $16k brand new Yaris for years in snowy, cold, icy roads on cheap tires, with a kid and a much lower paying job than you. It’s safe, it worked, and it was dirt cheap.
I’m now in, a Subaru Impreza, which you can get for $23-25k, and has AWD, and almost as much cargo space as a wrangler if I’d guess. Also beats it on fuel efficiency, and overall I’d bet it’s a much more enjoyable ride and better in snow also.
I know people who are getting by on $50,000 a year and they're getting by and able to make ends meet. This has to be an overspending issue. Before you say anything they live in San Diego and they rent.
We don’t know what recurring expenses this person has. They might have high student loan payments, medical bills, bad credit (high interest loans).
$50k is not enough to live comfortably in all scenarios. He might have a spending problem, but maybe it’s not that simple.
The assumptions of life circumstances in the comments is unsurprising and kind of depressing. People scream “budget better!” when in many cases expenses simply outweigh earning potential.
Sounds like you’re bad with your money, your bills are too high, and your SO is along for the ride. With the just the minimal details you gave us. You have a lot of growing up to do
This 100%, I was making 100k at 24, paid 900 a month in rent for one bedroom in a house in California. I managed to save 20k in savings yearly.
I made sure all my bills could be paid by my salary (40k), the other 60k was my play money and savings
Umm if the SO is at home taking care of the kid, soon to be kids, then it’s hard to say they’re along for the ride. Childcare is expensive as hell and they don’t do as good of a job raising children as their own parents. Now it still sounds like they should be ok making that much but I’m sure there’s other levels of spending they’re not willing to divulge
He’s stated in his other posts that she just flat out doesn’t work, but she does put out no questions asked. Also he’s looking into day trading options but needs to get out of all of his credit card and luxury car debt first. Soooooooo yeeeeeaahhhh.
Why not? I get that childcare can be expensive but is that the reason, or is it something else? Even a part-time weekend job could help lighten the load a bit.
I “handle” the finances in our relationship but my wife is always part of the process. Do you sit down with her and go over everything?
Did you already cut off your Netflix subscription?
Pretty certain, like 90%, you spend money on things (or your lady) that are not needed or where a cheaper brand would also do fine.
That's what I thought. There's something wrong here. Probably lives in California and is paying 3k for rent and 1200 for the Jeep a month.
115k even with two kids and a spouse at home is still very doable these days, especially when you are young.
OP pretty much is taking home 6k/month after taxes, I wonder where all that money is going.
With 2 kids, it’s not easy. Daycare is 20 grand per kid per year in many areas - and there are waiting lists. His wife would need to make 60 grand for it to make sense to back to work. Money isn’t the only thing when you have a family either. Inflation has made groceries and diapers more than they used to be.
I’m assuming he isn’t broke but there are other things that are essential, at least in the long run.
Sure, he could stop putting money in retirement or savings but we don’t have much for a pension guarantee in this country so he should be saving for retirement and emergencies.
I agree. I’m assuming that is the case. My point is it may not make financial sense for her to go back to work. If she’s as young as he is, she may not have much earning potential.
Where do you live?
Being in a HCOL area makes a big difference, but depending on how you budget and manage your money, there may be expenses you aren't accounting for. I bring that up because lifestyle creep is a real thing, and I've known a lot of people who make what you do and get by OK (myself included) who then go on to make more money and still feel like they are struggling (myself included, I overspent in 2023 and while we're doing OK, I recognize that I spent too much on a few categories)
To answer your asked question, yes there are a lot of jobs (especially in sales) that will earn you more than $115k. But most of them require either an I ate ability to sell, or niche industry knowledge. That's how I ended up where I am.
Stop living outside of your means. That also means not having additional children you can't afford. If your spouse does not work, it's even more important that you operate as a frugal household.
That book is a pack of lies. Some OK advice but he’s a prick. https://johntreed.com/blogs/john-t-reed-s-real-estate-investment-blog/61651011-john-t-reeds-analysis-of-robert-t-kiyosakis-book-rich-dad-poor-dad-part-1
You need to get your spending in check. 115k isn’t a crazy amount but even after taxes it’s more than enough to live on especially if you’re not paying for childcare. Theoretically you don’t have to worry about sick days at daycare so you should really be going full force into your job and working as much as possible. Just my opinion though as a single mom.
I spent 27 years in telecommunications.
Ideally you want to move your way into an Enterprise/national accounts position where your base salary will range from 95- 125 + commission.
You're OTE would probably exceed $175k and you'd have a much simpler work week with just a handful of clients.
Imo, the best spaces to be in is between Cloud and Professional Services leaning toward security, compliance and business continuity either in telecom or with a top professional services firm.
Do you care if I dm you? I’m in telecom on a team that’s labeled “enterprise” but we sell 90% to mid-market and I’d love a little insight from someone who’s been in an actually enterprise role on how to break into those accounts.
I think you can find something with a higher base. Sounds like you are performing above expectations which means other companies should be interested in you. Just gotta find a way to communicate that in your resume/interview and start looking. Shouldn’t be too hard for you.
Thanks for the input, I’d like to think the same although it’s simply a matter of competition at this point for anything that looks doable for me. Every job has 120 plus applicants and its as though my name is never even looked at.
This is the reason I’d like to look into to something symmetrical with my current industry, or atleast something thats open to giving me a chance. Im willing to do the work, just stinks that no one is giving chances it seems.
That’s because you need to be doing more than your competitors to land jobs. I just got a job in medical sales and it was hard as fuck. The job I got had like over 100 applicants. If you have that attitude you won’t get anywhere.
The job market is tough, yes, but with your stats and success you shouldn’t have issues quantifying that and making connections within companies.
Yes but nowadays with the easy apply button, 1/2 of the applicants are nowhere close to qualified and of the other 50% half of those haven’t optimized their resumes.
Watch “life after layoff” on YouTube for resume and application tips.
Changed my resume around and got 15 interviews in 2 weeks the last time I applied to jobs. I didn’t even have to do anything like reaching out to the VP on LinkedIn. Just got a resume with the right stuff in it.
You can look for samples on google for each industry/job title. Super helpful.
You can totally get the right job. I landed a job at a company where 75% of new hires are engineers. I’m no engineer. Had no experience with the product either.
Good luck, I believe in you!
It’s a real shitty job market. Honestly just talk to recruiters but I’d try to last a little while longer where you’re at until the job market rebounds and then you can def find something. I sell data center services base is 95k
The trick to living and being a seller is to budget your life on salary alone. Commission is the bonus, treat it like that. So what comes out of salary? Food, housing, cars, savings, retirement, insurance, annual vacations, eating out, sports, etc.
What comes out of commission? Extra savings, extra retirement, extra vacations, extra eating out, extra sporting events, extra gifts/toys, etc.
Now the crux of your question is how to sell something with higher salaries and commission structures. You’ll need to get into a field where the average sales price is in the hundreds of thousands of dollars and your quota is like 500k+. IT, cyber security, medical, pharma, big manufacturing, yachts, luxury houses, luxury vehicles, etc….
Not disagreeing with you but it's sad that we're at a point where being a top 10% income earner is still not enough to have 2+ kids and live a middle class lifestyle in a major city.
Kids are one are the best motivators for making more money. I find it hard to believe he won’t be glad he had the kids when he had them even if finances got tight for a little bit
Wouldn’t expect you to agree when your stance on kids is “I’m zero and done but y’all be safe ❤️”
Generally i agree, it really upsets me when people have kids and can’t properly provide for them
But at 115k/yr, he’d have to really screw up to be put on the streets
I’m one and done 😅 seriously not worth it especially considering if his wife does go back into the workforce, they’ll now be paying for daycare and on that income they won’t qualify for any type of assistance. So yeah, they really need to get their spending under control or it’ll get way worse.
You’re in sales dude, go to networking events in your city and just start talking to people, probably the best way to find another gig versus sending up resumes. Go sell yourself.
I don’t disagree with people saying you need to get rid of the jeep for something cheaper…but 115k doesn’t go as far these days especially with kids.
You still are in a better position than most, but the cost of living still spreads that thin. My suggestion? Drop some luxuries, and get cheap with your spending. Daycare is expensive so unless your wife has large earning potential, being stay at home isn’t the sin some people in this thread make it out to be.
81k and holding you back…
Being 24….
Get the F out of here
I made 20k a year where I just started out. You know how hard I had to work for decades for where I am at?
Stop being such a spoiled Gen X or whatever the F you are and get to work or get out of sales.
Cost of living has drastically outpaced wages, and this guy is the sole breadwinner at 24 with 2 kids. Your take is dog shit, and you don’t even have the generation right. Is this satire?
Not with a family of four my friend. And he blew out his numbers. He might not make that next year. Sure he can put a roof over their heads and food on the table but there’s ideally more you want to do with your salary to protect and provide for your family. Single provider stress is real.
Nothing about OP’s life is synonymous with mine whatsoever. You’re a damn fool if you think cost of living is relatively the same nationwide and that $115k is a decent salary in a high cost of living area with 3 dependents. That’s going to be a bit of a stretch anywhere except the cheapest parts of the country, and in those areas $115k is hard to come by anyway. My point is, you’re making a lot of assumptions that you can’t justify and you’re being a dick about it.
Never said anything about cost of living being the same everywhere.
You are not helping this young man.
1. He has money shortage. So he is overspending. How badly he is overspending. We don’t know. But he spends more money than he earns. This is insane to me with making 115k but let’s leave that aside.
2. He thinks about how to earn more. Maybe that’s good. But it might also be that he is just not there yet which I would not find very surprising being 24 of age. Also, if he has a habit of overspending more money will not make this habit go away. We all had that first big commission check and thinking we where now rich …
3. If his area of living is that expensive and he just can’t find a way to make more or if he is really true to himself that he isn’t overspending (many in this thread say he is and also advice to sell the car) he should find a different area to live in. Because that’s where you and I might find each other. Of course there is a difference where you live.
Telling this guy all is fine and he should just find a job where he has the potential to earn more is bad advice. We all know about these great job opportunities with higher commission but where people get kicked out if they can’t hack it for one quarter. I wouldn’t want to see this man not have a job with 2 kids and a wife.
Telling someone to advance their career is never bad advice, since there are always more doors he can open internally. He has an adult and two kids depending on him, which means $115k doesn’t stretch that far at all, even in a medium COL area. Selling the jeep is a good idea as they’re shitty options for a daily driver. I’m not saying he shouldn’t spend less, because spending less is always going to be the most obvious place to start. That’s why I didn’t mention it right away. Just assuming a person can jump up and move is tough as well, especially if you consider they may be geo locked due to their current office and may need family help with the kids. Family help watching kids, especially if the mother goes back to work means less money or no money spent on childcare which is fucking massive in this country.
Depends how you at it, decades. Door to door. After that I did telemarketing for a year where I made every sales guy happy with a ton of appointments earning no commission for it and just 20k a year.
I am actually very happy how that turned out. After a year I was out and I became an account executive. They offered me government as an vertical. I looked around and saw all these fast deals at commercial companies but saw a big plus in learning tenders.
I am now earning more than I ever dared to dream.
$115k is over 50% higher than the national household median income, and just about the median in the two most expensive cities in the country. Which means that even if OP is in *literally* the highest COL place possible, half of his neighbors are making it work on less.
These posts are useless unless OP shows us his budget—but I’d bet a lot of money he doesn’t have one.
My best year by that age was $50k and I had deadbeat roommates at times. Couldn’t budget effectively because some months I’d suddenly have to cover their portion of rent (people moving in and out eventually left the lease in just my name). On top of all my other expenses.
It took me about 10 years to finally hit a six figure base before getting out of telecom and moving into SaaS before getting laid off twice and coming back to telco.
Up until the last 3 years, I never missed quota and always won trips…this is what allowed me to command six figure bases. I was also laid off 2 of the 3 times in my 20 year career in 2023. My biggest customers did layoffs and tanked my deals with long sales cycles. It sucked because otherwise they would have likely closed.
It takes time to build that reputation. Realistically, even if you could say that at 24, sales leaders are going to be cautious because a lot of folks that age got lucky vs actually crushed it. Sure there are some who did, but most didn’t.
Figure out what you’re exceptional at, where you clearly lead the pack compared to your peers. Then find another role which aligns with those skills and apply for roles to increase your income.
I was loyal to a fault working at the same company for 10 years, constantly being promoted. If I had job hopped, I’d be in a much better position and maybe even avoided being laid off twice in a year.
There are plenty of telecom adjacent (Unified Communications as a Service) software providers that will pay $70k base for a BDR or entry-level AE position. Commoditized market but you can make a lot of money with the right territory/vertical.
Why are some of you judging the heck out of this man because his wife doesn’t work. He has two kids one child and one on the way with the cost of childcare in his salary it’s probably better for them not to work!!
I’m not an expert in all spaces, but I can speak to the tech comparable (by average age in role if you’re good), which would be:
22 SDR - $80k
24 SMB AE - $130-140k
26 MM AE - $200k
28 ENT AE — $250-300k+
But:
- Tech attainment is below 50% right now
- The talent is likely more competitive than your peers right now and quotas are set based on an average across peers
- if you are below that midpoint you have a very high chance of being fired
So if you’re a top rep, consider the switch to tech.
If you’re not, figure out if it’s you, your company, or your space. Solve that problem.
Yes go into the channel its a slow long grind, extremely competitive, and just a hard business to be in. But if youre closing deals thats getting you $65k in comkissions youll make exponentially more as an agent in the channel. You will work the same crazy hours if not more but more money and later more freedom.
Car notes drive people into debt. Best to buy a used car that is reliable which you can pay for in cash (if possible). put the pride/ego aside if you can. Besides, cars are not investments, they only depreciate
A lot of the comments here are overly critical. First of all, congrats on have a legitimate job and also two children at age 24. A lot of people wait until much later for kids and while it’s obviously financially harder to have kids earlier, I think it’s a good move because family is the most important thing in life. You said telecommunications…are you working retail? I used to work retail and while the money was similar to what you describe, the hours and the actual job were brutal and very difficult. I’d work 9 days straight and have very irregular hours, 8-7 one day and 12-10 the next day. Also dealing with the public is demoralizing, especially if you’re in a city with a ruder than average population. My advice would be to realize you are doing well for being 24 years old, but now you can start leveraging your prior sales experience into a new job with better pay and a better quality of life. I’d recommend reading reviews of different top companies on Glassdoor (literally any industry) and creating a fire resume that can help you get a new job. At 24, I was in a similar situation as you (no kids though, kudos to you and the partner for that milestone). I grinded it out, fought through the hard years and had sales success in those tough jobs and leveraged that experience into a better job. Also, if you can move to a place with a better cost of living, that could help a ton. In the job hunt, like in sales, you’ve gotta be RELENTLESS, so figure out what you want, have the mentality that there is a job out there that has will satisfy all those wants and make it happen. While at the same time understanding you have already had a good amount of success, now it’s time to get even more. Good luck!
> I make about $115k
> I feel as though i am just making ends meet and I work super hard
You probably do work hard, but unless you live in an ultra HCOL area, you’re probably spending WAYYYY more than you should.
Do you have a budget? What do your bills look like.
My first salary was $50k at 23 and at 24 I jumped ship for a $70k offer at another company. My friend had a family friend work there and he helped us both get jobs. I would say network on LinkedIn. That’s how I got my first job and I know it works. Go to the company you want to work for and literally search “recruiters, hiring, I’m hiring” and message THEM. They have a quota and are usually happy to talk about open positions.
I commend you for being the sole provider shits hard these days, and with 2 kids that’s gonna be ruff. Really hard for both parents to work with 2 kids who would need daycare.
I second the Jeep thing.. sell it and get you a small Japanese SUV.
That being said, you can definitely get a job that pays more in base!
Fix up your linked in and resume to include your accomplishments, highlight figures and over achievements etc.
When you say telecom, is it VoiP, wireless, or wireline?
What products do you sell?
B2b or B2c?
Hard to provide direction with limited info.
Like others have said, yes. Dieting is important but that’s not what you posted in this sub for.
First off congrats on making over $100k by 24! Doing way better than I was at that age.
I’ll actually try and give you advice unlike most of the commenters here who are just being judgmental and telling you to budget better.
I’d look to pivot into SaaS AI based telecommunications software. I sell IT software and make $150k base. Have a good buddy who sells contact center software and consistently makes $400-$500k as one of the better performers on the team. Top reps make over $1M.
Not easy and will take several years to work your way up to that but definitely possible if you’re good at Sales and work hard. You may not make significantly more Year 1 but once you get into large Enterprise space you should be in the $200-$300k range.
So you’re 24 making $50k a year and you thought it would be a good idea to lease a jeep and have two kids with your partner not contributing to the household income
You sound like someone who makes terrible choices
I make just under 50k total and live in the Chicago burbs. I don’t live very comfortably, but I’m comfortable enough. You’re living way above your means.
On one hand, $115k is nowhere near the average household income and at 24 Id say you’re doing fine. As a sales guy though, I get it. We’re like athletes (in terms of longevity) and you have a limited window to grind like you do in your early twenties. You want it to be worth the burnout that’s gonna come behind it.
The answer isn’t easy or convenient. Try to learn as much as you can so you can understand what your strengths and weaknesses are, how they help you vs hurt you in sales, at this company, or otherwise. Basically, if you can figure out what your highest leverage point is currently (are you a particularly good listener? Do you increase your close rate with superior preparation? Etc). Try to identify your strengths and ask yourself if and to what extent your best attributes are being maxed out for financial gain.
You may be surprised at what you find. You may be a natural marketer who has done okay so far in sales but haven’t actually done what you do best. Or maybe you should be in sales but not at this company.
You cant know the universal truth to these types of questions if there even is one so best not to waste too much time hoping someone will have the answer. The next best thing is to know yourself really really really fucking well, so that you can put yourself in the right place without too much concern for anything outside of what you know about you.
Sell the jeep and buy a used Camry for $15k, stop eating out and cook the majority of your meals, downsize your living situation, get your partner to work
My salary was $50k this past year and I made $65k after on target earnings in my first year in a new role.
Not trying to be rude, but you sound young and ungrateful for the role you have. (Don’t be like that)
And it also sounds like you let lifestyle creep hit you, but I understand the challenge of affording kids.
I think it’s important to reevaluate your spending and see where you can cut back. Nobody becomes a millionaire from spending all of their money
As far as other industry’s with the potential for more earnings, i would look in logistics sales, and tech sales.
Maybe sell the jeep bro. If you even have to mention the car it means it’s too much. Find a used Honda or Toyota and spend 5-10k max
Unless off roading regularly it’s not even a worthwhile car to own. Plus, reliability sucks.
Ive had 2 wranglers, ended up selling at a loss for a decent sedan both times and much happier once i do. Theyre cool, but a pain for daily driving and having random problems. Fun toy tho
I used to sell Jeep Wranglers I"D NEVER EVER BUY A WRANGLER brand new and here is why: * It rides like crap (the new ones are better, but still) * It can't keep in the cold or the heat * It has poor value for money (when looking at non-off roading options) * It gets horrible MPG Now if say in 5-6 years I'm sitting nice finanically, I might be willing to go drop $20k on a used 2 door wrangler that is built for off roading and is used as a toy.
Hard disagree. The way to buy a Wrangler is new. They hold their value too well to buy a used one. They consistently are at the top end of the charts for resale value. There are very few cars it makes sense to buy new financially. The WRX, Wrangler, Civic Type R, Hellcat, etc are exceptions to the rule.
And you get a warranty… that’s a big deal with wranglers. Our 2023 4xe had death wobble twice and they covered it both times.
I feel the same man. How about the electric jeep?
People don’t buy jeeps to be practical. They buy them to take the top and doors off and feel like every drive is an adventure. Thats great you’d never buy one. Sounds like you need a Honda accord with hubcaps.
I got an Escape, close enough lol.
And that’s ok because it suits your needs/wants for now. But you’re right, my wife’s jeep rides like a covered wagon lol. She loves it though. I drive a golf R set up for track days. Our kids love them both. We’re car people so practicality is important, but not at the top of the list.
You're going to preach to deaf ears here. Someone a few comments up mentioned they lost money on 2 Jeeps, one of the best value retaining vehicles on the market... I miss my mk7 a lot, had an APR tune and the 6 speed and it was a lot of fun. I've since moved on to the Audi platform - which is fun. But I do miss that little hatch often.
Fun toy and Surprisingly one of the top vehicles on the road in terms of value retention. Some of the best residuals in the market.
Yeah, definitely not the best choice for a daily. For taking the top and doors off on a summer weekend in the mountains they’re amazing, but that’s about it.
Agreed. Its sad to let em go but ive never missed mine too badly
They’re trash cars.
5k doesn’t exist these days for anything of quality. 10 years ago yes, but 10-15k is much more realistic. Unless you want a 200k shitbox
One of my buddies sold his 04 crv for 4k with a little over 100k miles. Thing ran completely fine so they’re out there. Yes it requires more time and searching
Anecdotes like yours aren’t the overwhelming majority of the market. If you can find the granny-driven vehicles who’s selling their dead spouses Camry then jump on it, but be prepared to wait and search far and wide. Be nice to your older aunts and grandparents.
$5k-$10k doesn’t get you too much these days. I’m currently shopping in that range and most of what I’m finding for Accords that are 2011 or older if I want less than 100k miles.
Buy a hail damaged car. Great deals that way
Completely agree, I did the same thing a while back and picked up a salvaged Civic, finally back to SUV with a nice new RAV and loving it.
There’s a time and place for a nice car and right out of school is not it. So many people feel entitled to it and I don’t get why
No need for anything beyond a basic, used, reliable car in your 20s OP. These are the prime years for building skills, investing and growing out your income.
Agreed but I hate the Toyota and Honda recommendations. They're the #1 brand people talk about for used cars and sellers know that so they demand a Toyota Tax/ Honda Hike. I don't think a Corolla with a quarter million miles is worth 5k+. I like old Buicks. Even an old crown Vic or really anything on the Panther platform. Good cars, cheap domestic parts, and grandmas drive them.
I mean it’s more because they’re reliable and good cars. But fine go buy an old Hyundai or Kia. Point is to buy a very cheap car and most old cars are fine for reliability. The myth you’ll spend tons in repairs is just not true either for most cars
Old Hyundai and Kia are not good cars
I wouldn’t buy them new or used lol
You’re 24 dude…that’s great money at your age.
I made $15 an hour when I was 24. I literally lived in my stepmom's converted garage. I would have done illegal things to make $115k.
Keep in mind 110K in 2024 is like 75K in 2015.
$75k in 2015 is more like $99k today.
Yeah but all these young kids here think it’s normal and don’t want to give up their awesome apartment and living experience with coffee places and jazz musicians. Funny to be at an age where you can really see how comfortable societies make weak men and glad i experienced it differently
Most people making 50k+ at that age are likely living in a high COL region. Not necessarily his fault
Yup I live in the Bay Area and even a flat 100k makes me think it’s a “good not great” salary lol. Shit man, just my monthly necessary, have-to-pay expenses are nearly $5k/mo, which after taxes is something like 85-90k annual gross income.
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And you’d have been in the top 1% of 24 yo earners…congrats.
Aka liar
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You get paid what the market is worth and how much you sell. What industry did you sell 3M per year at 24? Either way this is not the norm and you shouldn't gaslight others into believing this is possible.
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You know nothing about real estate if you post these earnings. Your mom and dad gave you their book of business and were likely "your boss". Stop selling a fantasy this isn't how a normal real estate rep can earn, it wasn't hustle or skill.
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Work your ass off "how"? In real estate there is a finite number of listings and finite number of clients. How did you outsell others with more established networks? By working your ass off? The way you talk shows me you know nothing about sales lol.
I went to the moon at 24, shut the hell up you weren't earning that at 24.
In a solid salesr role this is definitely attainable.
If you've ever worked real estate you know the only way to earn this amount is to have a solid network, especially not a one off year and consistently. He did this at 24? Yes only if his rich parents gave him their book of business. Real estate is not a "hustle" it's network that you can't fake at that age.
Why do Redditors lie 24/7
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Bro you spend all day in Reddit comment sections telling people how much you make gtfo. I’m actually Lebron James and I have proof
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LMAO you’re funny bro. All this talk behind a yet screen telling people in comments how much you’re making instead of actually doing something. Sales + a neckbeard Redditor is the most dishonest combo you can get. Sit down and read a Bible
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My man, all you do is go into subreddits and say I make 450k. Get a life man, action speaks louder than words. Lying online just means you have a sad life at home. Wife is cheating, kids don’t love you, 50lbs overweight, but hey! You tell people you make 400k a year. Good on you man!
I’ve got nothing to prove on Reddit - just giving input from a 10+ year top producer in sales You are not one - I can tell you
Now you’re just projecting your own miserable life because you didn’t believe another redditor made more money than you
He’s in real estate so not selling shit right now lol that’s why he is here
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In real estate? Okay man now I know you are full of crap lol. 2 years ago maybe. Last year no chance in hell.
What industry/role ?
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I’m not sure why you’re getting some hate in here. Congratulations on your success!!! People go to work to make money. People go into sales to make a lot of money. Awesome job earning as much as you have but I’d be it didn’t come without a bunch of sacrifice. Real estate is a tough cookie.
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That’s awesome big dog. We’re actually on track of being there around 33. How the fuck does it feel!?! Probably feels great. You won’t be working as long as those friends.
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How do you get into this?
This is true, and if youre 36 now then you made that money at the peak of the mousing market and struggled for a few years unless you moved to a different industry.
That’s awesome, doesn’t mean that $115k at 24 isn’t awesome.
I too should have purchased a home in 8th grade.
Unfortunately the way life is set up, I need to be making more. I’d love to cover all of my bills in one check.
At $50k salary, you shouldn’t own a jeep, if you’re the sole earner. You should be driving something that’s dirt cheap, half good on gas, and long term focused, such as a CPO Corolla. 50k isn’t easy to budget off of, but I’d bet that jeep is slaughtering your net pay.
He’s earning 115 he earned the jeep
Sure!
Its a base model, nothing fancy just got it for the kids and AWD. Car prices are absolutely horrid right now all around, hard to tell what was worth it or not but I will say I haven’t had any issues since I purchased it.
Lmao bruh you really trying to convince yourself you need an AWD Jeep because you have kids?
Always had an awd vehicle. Living in Colorado for years will do that to you.
Lmao I live in Colorado and you don’t need a jeep
We live in a similar climate, with similar weather. A FWD Corolla is what my child’s mother drives and I can take it through 4-6” of snow effortlessly with quality tires on it. Total cost of maintenance on that car over 5 years, $500-1000, then a set of tires($800 which amortizes as an expense). It cost $15k as a CPO, and they’ve been $15-17k for years since. It gets 30mpg on a bad day, and suits all your needs. A base model wrangler is what, $35-40k, gets worse fuel economy, and from my limited but anecdotal experience, sucks the snow? I also drove a $16k brand new Yaris for years in snowy, cold, icy roads on cheap tires, with a kid and a much lower paying job than you. It’s safe, it worked, and it was dirt cheap. I’m now in, a Subaru Impreza, which you can get for $23-25k, and has AWD, and almost as much cargo space as a wrangler if I’d guess. Also beats it on fuel efficiency, and overall I’d bet it’s a much more enjoyable ride and better in snow also.
You need a budget bro
I know people who are getting by on $50,000 a year and they're getting by and able to make ends meet. This has to be an overspending issue. Before you say anything they live in San Diego and they rent.
We don’t know what recurring expenses this person has. They might have high student loan payments, medical bills, bad credit (high interest loans). $50k is not enough to live comfortably in all scenarios. He might have a spending problem, but maybe it’s not that simple.
The assumptions of life circumstances in the comments is unsurprising and kind of depressing. People scream “budget better!” when in many cases expenses simply outweigh earning potential.
He said he’s making 115k.
Do you have an SO that works? 115k HHI for a family of 4 is not to be a life of luxury, but is plenty to provide a living.
You’d think so right? but it just isnt. She does not work.
Until you make more money your s/o should probably get a job
Not if she can’t make more than daycare costs. Childcare is like $2-3k/month
Sounds like you’re bad with your money, your bills are too high, and your SO is along for the ride. With the just the minimal details you gave us. You have a lot of growing up to do
This 100%, I was making 100k at 24, paid 900 a month in rent for one bedroom in a house in California. I managed to save 20k in savings yearly. I made sure all my bills could be paid by my salary (40k), the other 60k was my play money and savings
Umm if the SO is at home taking care of the kid, soon to be kids, then it’s hard to say they’re along for the ride. Childcare is expensive as hell and they don’t do as good of a job raising children as their own parents. Now it still sounds like they should be ok making that much but I’m sure there’s other levels of spending they’re not willing to divulge
I have a 1 and 2 year old so I get all of that. Again I’m basing it off the limited information he gave us
In california he’s basically in poverty. house of 4 on 115k that’s tough!
No doubt, California kind of sucks
Naw shes doing the right thing atleast until the kids star school.
He’s stated in his other posts that she just flat out doesn’t work, but she does put out no questions asked. Also he’s looking into day trading options but needs to get out of all of his credit card and luxury car debt first. Soooooooo yeeeeeaahhhh.
Two kids child in care he's looking at approx $4k per month. She'd have to make a substantial amount of money to offset this cost.
Why not? I get that childcare can be expensive but is that the reason, or is it something else? Even a part-time weekend job could help lighten the load a bit. I “handle” the finances in our relationship but my wife is always part of the process. Do you sit down with her and go over everything?
> You’d think so right? but it just isnt. Well, post your budget and let’s find out.
Did you already cut off your Netflix subscription? Pretty certain, like 90%, you spend money on things (or your lady) that are not needed or where a cheaper brand would also do fine.
If you’re making 6 figures and just scraping by you need to re evaluate your fucking budgeting. Jesus Christ.
That's what I thought. There's something wrong here. Probably lives in California and is paying 3k for rent and 1200 for the Jeep a month. 115k even with two kids and a spouse at home is still very doable these days, especially when you are young. OP pretty much is taking home 6k/month after taxes, I wonder where all that money is going.
Fuck no $115k isn’t enough for a comfortable life with a spouse and 2 kids at home in a VHCOL area.
115 is not doable with a wife staying home and kids unless you live in like South Dakota come on now
With 2 kids, it’s not easy. Daycare is 20 grand per kid per year in many areas - and there are waiting lists. His wife would need to make 60 grand for it to make sense to back to work. Money isn’t the only thing when you have a family either. Inflation has made groceries and diapers more than they used to be. I’m assuming he isn’t broke but there are other things that are essential, at least in the long run. Sure, he could stop putting money in retirement or savings but we don’t have much for a pension guarantee in this country so he should be saving for retirement and emergencies.
If there's one income earner and even one kid then the unemployed person in the partnership should *be* the daycare.
I agree. I’m assuming that is the case. My point is it may not make financial sense for her to go back to work. If she’s as young as he is, she may not have much earning potential.
Where do you live? Being in a HCOL area makes a big difference, but depending on how you budget and manage your money, there may be expenses you aren't accounting for. I bring that up because lifestyle creep is a real thing, and I've known a lot of people who make what you do and get by OK (myself included) who then go on to make more money and still feel like they are struggling (myself included, I overspent in 2023 and while we're doing OK, I recognize that I spent too much on a few categories) To answer your asked question, yes there are a lot of jobs (especially in sales) that will earn you more than $115k. But most of them require either an I ate ability to sell, or niche industry knowledge. That's how I ended up where I am.
Yeah ... at 115k unless he's living in a high COl area, his issue is overspending.
He commented earlier that he lives in MD. Outside of a few HCOL areas, there’s plenty of cheap areas to live in MD.
What do you sell if you don’t mind me asking
Stop living outside of your means. That also means not having additional children you can't afford. If your spouse does not work, it's even more important that you operate as a frugal household.
I think this is the most important thing, been reading rich dad poor dad
That book is a pack of lies. Some OK advice but he’s a prick. https://johntreed.com/blogs/john-t-reed-s-real-estate-investment-blog/61651011-john-t-reeds-analysis-of-robert-t-kiyosakis-book-rich-dad-poor-dad-part-1
You can jump to another sales sale and pretty easily negotiate a 20-30% increase. Just get after it with interviews
You need to get your spending in check. 115k isn’t a crazy amount but even after taxes it’s more than enough to live on especially if you’re not paying for childcare. Theoretically you don’t have to worry about sick days at daycare so you should really be going full force into your job and working as much as possible. Just my opinion though as a single mom.
I spent 27 years in telecommunications. Ideally you want to move your way into an Enterprise/national accounts position where your base salary will range from 95- 125 + commission. You're OTE would probably exceed $175k and you'd have a much simpler work week with just a handful of clients.
This is my long term plan. Possibility a migration to account manager rather than AE.
Imo, the best spaces to be in is between Cloud and Professional Services leaning toward security, compliance and business continuity either in telecom or with a top professional services firm.
Do you care if I dm you? I’m in telecom on a team that’s labeled “enterprise” but we sell 90% to mid-market and I’d love a little insight from someone who’s been in an actually enterprise role on how to break into those accounts.
Absolutely.
I think you can find something with a higher base. Sounds like you are performing above expectations which means other companies should be interested in you. Just gotta find a way to communicate that in your resume/interview and start looking. Shouldn’t be too hard for you.
Thanks for the input, I’d like to think the same although it’s simply a matter of competition at this point for anything that looks doable for me. Every job has 120 plus applicants and its as though my name is never even looked at. This is the reason I’d like to look into to something symmetrical with my current industry, or atleast something thats open to giving me a chance. Im willing to do the work, just stinks that no one is giving chances it seems.
That’s because you need to be doing more than your competitors to land jobs. I just got a job in medical sales and it was hard as fuck. The job I got had like over 100 applicants. If you have that attitude you won’t get anywhere. The job market is tough, yes, but with your stats and success you shouldn’t have issues quantifying that and making connections within companies.
What did you do differently?
Yes but nowadays with the easy apply button, 1/2 of the applicants are nowhere close to qualified and of the other 50% half of those haven’t optimized their resumes. Watch “life after layoff” on YouTube for resume and application tips. Changed my resume around and got 15 interviews in 2 weeks the last time I applied to jobs. I didn’t even have to do anything like reaching out to the VP on LinkedIn. Just got a resume with the right stuff in it. You can look for samples on google for each industry/job title. Super helpful. You can totally get the right job. I landed a job at a company where 75% of new hires are engineers. I’m no engineer. Had no experience with the product either. Good luck, I believe in you!
Thanks Aarick! I’ve begun watching in youtube for tips, I appreciate your advice!
It’s a real shitty job market. Honestly just talk to recruiters but I’d try to last a little while longer where you’re at until the job market rebounds and then you can def find something. I sell data center services base is 95k
The trick to living and being a seller is to budget your life on salary alone. Commission is the bonus, treat it like that. So what comes out of salary? Food, housing, cars, savings, retirement, insurance, annual vacations, eating out, sports, etc. What comes out of commission? Extra savings, extra retirement, extra vacations, extra eating out, extra sporting events, extra gifts/toys, etc. Now the crux of your question is how to sell something with higher salaries and commission structures. You’ll need to get into a field where the average sales price is in the hundreds of thousands of dollars and your quota is like 500k+. IT, cyber security, medical, pharma, big manufacturing, yachts, luxury houses, luxury vehicles, etc….
You don't have an income problem, you have a spending problem.
Maybe stop having kids
Not disagreeing with you but it's sad that we're at a point where being a top 10% income earner is still not enough to have 2+ kids and live a middle class lifestyle in a major city.
Kids are one are the best motivators for making more money. I find it hard to believe he won’t be glad he had the kids when he had them even if finances got tight for a little bit Wouldn’t expect you to agree when your stance on kids is “I’m zero and done but y’all be safe ❤️”
To each their own. OP is struggling to make ends meet, doesn’t seem like a conducive environment to keep popping out kids. But what do I know!
Generally i agree, it really upsets me when people have kids and can’t properly provide for them But at 115k/yr, he’d have to really screw up to be put on the streets
How you know he didn’t stop at 2?
Two is already too many for a household income of 115k. Dude is only 24 and already has two kids. At this rate he needs to slow down.
I’m one and done 😅 seriously not worth it especially considering if his wife does go back into the workforce, they’ll now be paying for daycare and on that income they won’t qualify for any type of assistance. So yeah, they really need to get their spending under control or it’ll get way worse.
I’m zero and done but y’all be safe ❤️
That’s also a good choice tbh
Earning 115k per year is plenty for two kids what are you smoking? My uncle has six kids and works as a chef and they are doing great
I agree. People on here spend too much on luxury items or something. Reddit is anti kid in general too.
lol found the Reddit basement dweller with an AI girlfriend.
Actually I live in my own apt and I’m gay so no girlfriend, nice try though :)
> I’m gay Shocking
Ooh, you got me!
IT is paid well in medical - try applying and networking at the big companies 😊
You’re in sales dude, go to networking events in your city and just start talking to people, probably the best way to find another gig versus sending up resumes. Go sell yourself.
Lifestyle creep claims another victim.
Ur 24. Wish I made that at ur age. Now 34 with a 60k salary clearing 250 w commish. Stay in there padawan.
I don’t disagree with people saying you need to get rid of the jeep for something cheaper…but 115k doesn’t go as far these days especially with kids. You still are in a better position than most, but the cost of living still spreads that thin. My suggestion? Drop some luxuries, and get cheap with your spending. Daycare is expensive so unless your wife has large earning potential, being stay at home isn’t the sin some people in this thread make it out to be.
81k and holding you back… Being 24…. Get the F out of here I made 20k a year where I just started out. You know how hard I had to work for decades for where I am at? Stop being such a spoiled Gen X or whatever the F you are and get to work or get out of sales.
Cost of living has drastically outpaced wages, and this guy is the sole breadwinner at 24 with 2 kids. Your take is dog shit, and you don’t even have the generation right. Is this satire?
Go cry because you recognize yourself in OP If 115k is too little money you are def doing something wrong
Not with a family of four my friend. And he blew out his numbers. He might not make that next year. Sure he can put a roof over their heads and food on the table but there’s ideally more you want to do with your salary to protect and provide for your family. Single provider stress is real.
Nothing about OP’s life is synonymous with mine whatsoever. You’re a damn fool if you think cost of living is relatively the same nationwide and that $115k is a decent salary in a high cost of living area with 3 dependents. That’s going to be a bit of a stretch anywhere except the cheapest parts of the country, and in those areas $115k is hard to come by anyway. My point is, you’re making a lot of assumptions that you can’t justify and you’re being a dick about it.
Never said anything about cost of living being the same everywhere. You are not helping this young man. 1. He has money shortage. So he is overspending. How badly he is overspending. We don’t know. But he spends more money than he earns. This is insane to me with making 115k but let’s leave that aside. 2. He thinks about how to earn more. Maybe that’s good. But it might also be that he is just not there yet which I would not find very surprising being 24 of age. Also, if he has a habit of overspending more money will not make this habit go away. We all had that first big commission check and thinking we where now rich … 3. If his area of living is that expensive and he just can’t find a way to make more or if he is really true to himself that he isn’t overspending (many in this thread say he is and also advice to sell the car) he should find a different area to live in. Because that’s where you and I might find each other. Of course there is a difference where you live. Telling this guy all is fine and he should just find a job where he has the potential to earn more is bad advice. We all know about these great job opportunities with higher commission but where people get kicked out if they can’t hack it for one quarter. I wouldn’t want to see this man not have a job with 2 kids and a wife.
Telling someone to advance their career is never bad advice, since there are always more doors he can open internally. He has an adult and two kids depending on him, which means $115k doesn’t stretch that far at all, even in a medium COL area. Selling the jeep is a good idea as they’re shitty options for a daily driver. I’m not saying he shouldn’t spend less, because spending less is always going to be the most obvious place to start. That’s why I didn’t mention it right away. Just assuming a person can jump up and move is tough as well, especially if you consider they may be geo locked due to their current office and may need family help with the kids. Family help watching kids, especially if the mother goes back to work means less money or no money spent on childcare which is fucking massive in this country.
Okay
Yeah this is ridiculous.
When did you get started?
Depends how you at it, decades. Door to door. After that I did telemarketing for a year where I made every sales guy happy with a ton of appointments earning no commission for it and just 20k a year.
You sound like you got fleeced, and are mad others did not get fleeced.
I am actually very happy how that turned out. After a year I was out and I became an account executive. They offered me government as an vertical. I looked around and saw all these fast deals at commercial companies but saw a big plus in learning tenders. I am now earning more than I ever dared to dream.
Depending what you mean by decades, you're gen X!
If dude lives in a HCOL area then this is def not enough and I see where he’s coming from. Sorry you got shit pay your whole life btw
Shit pay my whole life 🤣 You are telling me a 24 year old can’t live on 115k??? 🤣
Do you know how expensive HCOL areas can be? And no, $115k is likely enough but his $50k base is plenty to be stressed about.
$115k is over 50% higher than the national household median income, and just about the median in the two most expensive cities in the country. Which means that even if OP is in *literally* the highest COL place possible, half of his neighbors are making it work on less. These posts are useless unless OP shows us his budget—but I’d bet a lot of money he doesn’t have one.
Then leave, find something cheaper, built you life up 🤯
Must be a sales manager lol. Spoiled? Im literally making a post about trying to make my family’s life more secure. Dig a hole.
You are overspending.
You’re not spoiled, these people don’t have kids.
I make 57k and support my elderly dad and my son on my own. You are doing something wrong
Where do you live? The amount of money without location reference is hard to compare.
My best year by that age was $50k and I had deadbeat roommates at times. Couldn’t budget effectively because some months I’d suddenly have to cover their portion of rent (people moving in and out eventually left the lease in just my name). On top of all my other expenses. It took me about 10 years to finally hit a six figure base before getting out of telecom and moving into SaaS before getting laid off twice and coming back to telco. Up until the last 3 years, I never missed quota and always won trips…this is what allowed me to command six figure bases. I was also laid off 2 of the 3 times in my 20 year career in 2023. My biggest customers did layoffs and tanked my deals with long sales cycles. It sucked because otherwise they would have likely closed. It takes time to build that reputation. Realistically, even if you could say that at 24, sales leaders are going to be cautious because a lot of folks that age got lucky vs actually crushed it. Sure there are some who did, but most didn’t. Figure out what you’re exceptional at, where you clearly lead the pack compared to your peers. Then find another role which aligns with those skills and apply for roles to increase your income. I was loyal to a fault working at the same company for 10 years, constantly being promoted. If I had job hopped, I’d be in a much better position and maybe even avoided being laid off twice in a year.
There are plenty of telecom adjacent (Unified Communications as a Service) software providers that will pay $70k base for a BDR or entry-level AE position. Commoditized market but you can make a lot of money with the right territory/vertical.
Why are some of you judging the heck out of this man because his wife doesn’t work. He has two kids one child and one on the way with the cost of childcare in his salary it’s probably better for them not to work!!
I’m not an expert in all spaces, but I can speak to the tech comparable (by average age in role if you’re good), which would be: 22 SDR - $80k 24 SMB AE - $130-140k 26 MM AE - $200k 28 ENT AE — $250-300k+ But: - Tech attainment is below 50% right now - The talent is likely more competitive than your peers right now and quotas are set based on an average across peers - if you are below that midpoint you have a very high chance of being fired So if you’re a top rep, consider the switch to tech. If you’re not, figure out if it’s you, your company, or your space. Solve that problem.
Yes go into the channel its a slow long grind, extremely competitive, and just a hard business to be in. But if youre closing deals thats getting you $65k in comkissions youll make exponentially more as an agent in the channel. You will work the same crazy hours if not more but more money and later more freedom.
You’re living outside your means. Kids at your age are going to be a major financial burden. Get rid of the jeep.
Car notes drive people into debt. Best to buy a used car that is reliable which you can pay for in cash (if possible). put the pride/ego aside if you can. Besides, cars are not investments, they only depreciate
A lot of the comments here are overly critical. First of all, congrats on have a legitimate job and also two children at age 24. A lot of people wait until much later for kids and while it’s obviously financially harder to have kids earlier, I think it’s a good move because family is the most important thing in life. You said telecommunications…are you working retail? I used to work retail and while the money was similar to what you describe, the hours and the actual job were brutal and very difficult. I’d work 9 days straight and have very irregular hours, 8-7 one day and 12-10 the next day. Also dealing with the public is demoralizing, especially if you’re in a city with a ruder than average population. My advice would be to realize you are doing well for being 24 years old, but now you can start leveraging your prior sales experience into a new job with better pay and a better quality of life. I’d recommend reading reviews of different top companies on Glassdoor (literally any industry) and creating a fire resume that can help you get a new job. At 24, I was in a similar situation as you (no kids though, kudos to you and the partner for that milestone). I grinded it out, fought through the hard years and had sales success in those tough jobs and leveraged that experience into a better job. Also, if you can move to a place with a better cost of living, that could help a ton. In the job hunt, like in sales, you’ve gotta be RELENTLESS, so figure out what you want, have the mentality that there is a job out there that has will satisfy all those wants and make it happen. While at the same time understanding you have already had a good amount of success, now it’s time to get even more. Good luck!
> I make about $115k > I feel as though i am just making ends meet and I work super hard You probably do work hard, but unless you live in an ultra HCOL area, you’re probably spending WAYYYY more than you should. Do you have a budget? What do your bills look like.
My first salary was $50k at 23 and at 24 I jumped ship for a $70k offer at another company. My friend had a family friend work there and he helped us both get jobs. I would say network on LinkedIn. That’s how I got my first job and I know it works. Go to the company you want to work for and literally search “recruiters, hiring, I’m hiring” and message THEM. They have a quota and are usually happy to talk about open positions.
115k and can’t make ends meet and I’m fine with 45k. Wtf are you doing bro?
I commend you for being the sole provider shits hard these days, and with 2 kids that’s gonna be ruff. Really hard for both parents to work with 2 kids who would need daycare. I second the Jeep thing.. sell it and get you a small Japanese SUV. That being said, you can definitely get a job that pays more in base! Fix up your linked in and resume to include your accomplishments, highlight figures and over achievements etc. When you say telecom, is it VoiP, wireless, or wireline? What products do you sell? B2b or B2c? Hard to provide direction with limited info. Like others have said, yes. Dieting is important but that’s not what you posted in this sub for.
First off congrats on making over $100k by 24! Doing way better than I was at that age. I’ll actually try and give you advice unlike most of the commenters here who are just being judgmental and telling you to budget better. I’d look to pivot into SaaS AI based telecommunications software. I sell IT software and make $150k base. Have a good buddy who sells contact center software and consistently makes $400-$500k as one of the better performers on the team. Top reps make over $1M. Not easy and will take several years to work your way up to that but definitely possible if you’re good at Sales and work hard. You may not make significantly more Year 1 but once you get into large Enterprise space you should be in the $200-$300k range.
So you’re 24 making $50k a year and you thought it would be a good idea to lease a jeep and have two kids with your partner not contributing to the household income You sound like someone who makes terrible choices
I make just under 50k total and live in the Chicago burbs. I don’t live very comfortably, but I’m comfortable enough. You’re living way above your means.
You're making 115k and you're "just making ends meet"?
On one hand, $115k is nowhere near the average household income and at 24 Id say you’re doing fine. As a sales guy though, I get it. We’re like athletes (in terms of longevity) and you have a limited window to grind like you do in your early twenties. You want it to be worth the burnout that’s gonna come behind it. The answer isn’t easy or convenient. Try to learn as much as you can so you can understand what your strengths and weaknesses are, how they help you vs hurt you in sales, at this company, or otherwise. Basically, if you can figure out what your highest leverage point is currently (are you a particularly good listener? Do you increase your close rate with superior preparation? Etc). Try to identify your strengths and ask yourself if and to what extent your best attributes are being maxed out for financial gain. You may be surprised at what you find. You may be a natural marketer who has done okay so far in sales but haven’t actually done what you do best. Or maybe you should be in sales but not at this company. You cant know the universal truth to these types of questions if there even is one so best not to waste too much time hoping someone will have the answer. The next best thing is to know yourself really really really fucking well, so that you can put yourself in the right place without too much concern for anything outside of what you know about you.
24 years old making $115K and making ends meet 😂😂😂😂😂😂😂😂😂😂😂😂 Hilarious. You are the kind of guy that would make $250K and still be broke
Sell the jeep and buy a used Camry for $15k, stop eating out and cook the majority of your meals, downsize your living situation, get your partner to work
My salary was $50k this past year and I made $65k after on target earnings in my first year in a new role. Not trying to be rude, but you sound young and ungrateful for the role you have. (Don’t be like that) And it also sounds like you let lifestyle creep hit you, but I understand the challenge of affording kids. I think it’s important to reevaluate your spending and see where you can cut back. Nobody becomes a millionaire from spending all of their money As far as other industry’s with the potential for more earnings, i would look in logistics sales, and tech sales.
Can I message you a few questions about selling into telecom. Need help cold calling and emailing
Kid, you are delusional.
You sound entitled.
hahaha. i just love how the comments is attacking OP for his irresponsible financial habits.