Originally Posted by
Mtnbikemike
The old saying was when got hired at a major.....
First year, live like you were at a commuter
As an FO, live like you were an FE
As a captain, live like you were an FO and you would always be prepared for a furlough or downgrade.
Probably doesn’t work nowadays for the need to have it all now generation.
Nope it still works, but in general I think you are correct if you are referring to the younger millennials or those outside of aviation. However, many of us came into this industry during the last big recession/age 65 debacle and we spent our 20s broke as a joke. I averaged less than 30k a year from finishing flight school at age 22 until I came off of first year pay at NK nearly 10 year later. That is what my dad made back in the 80s sans any adjustment for inflation.