Originally Posted by
Lab Rat
The majority of my friends outside of work do not fly for a living. They also make half or less of what we do too. Here is the irony: I know captains in the $200K+ range that
must pick up extra flying and still barely have their heads above water. At the same time, I know people who make a fourth of that and have money to put into their savings account at the end of the month. And they say we're smart because we fly jets.
I hear you... When I first got out of college, I had filled up credit cards, a new motorcycle, and a new car. Absolutely stupid. When my loans came out of deferment, I didn't have much money left over at the end of the month. It took years of busting my butt and sacrifice to get out of debt while also paying cash for my flight training. It was hard but very good lesson.
Now that I have my debts paid off, I am so anti-debt that I will be on the street collecting aluminum cans before I EVER carry a credit card balance.
Unfortunately, some people never get it and spend the rest of their life living paycheck to paycheck, even when they're pulling down significantly over $100k/yr.