1st year pay (how to survive on it)
10-18-2010, 08:22 PM
#11
seeing the large hubs...
Joined APC: Oct 2006
Position: 73N A
Posts: 3,705
When I went to Delta, both cars were paid off, no credit card bills, no student loan debt, and I had saved low 5 figures in to cover the switch. I really wanted to go to a major from my cargo job, and figured it would be coming, but not sure which airline. Wife worked a bit, but not more than before. I took at 60% paycut to go to Delta, but it was worth it.
Yeah, the first two years was a lot of scrimping and delaying new items, but it's do-able.
If you can't get motivated to save and reduce debt, think how good this would sound in the interview, "I really want to work for your airline. I've paid down all my debt, paid off my cars and have money in the bank, so I ready for the first year." That sounds like a pilot who can plan ahead and make responsible choices.
Yeah, the first two years was a lot of scrimping and delaying new items, but it's do-able.
If you can't get motivated to save and reduce debt, think how good this would sound in the interview, "I really want to work for your airline. I've paid down all my debt, paid off my cars and have money in the bank, so I ready for the first year." That sounds like a pilot who can plan ahead and make responsible choices.
10-19-2010, 07:58 AM
#12
Gets Weekends Off
Joined APC: Jun 2009
Position: A320
Posts: 103
Just apply at Republic and gain some seniority then you wont have to take the career sacrificing paycut, you will then be able to jump on over and keep your longevity with Frontier and skip 1st year pay! Problem solved.
Last edited by F9er; 10-19-2010 at 09:38 AM.
10-19-2010, 08:03 AM
#13
On Reserve
Joined APC: Apr 2010
Position: Poser
Posts: 22
Originally Posted by gloopy
So in answer to your question, other than marrying rich, if you get a better long term job with a first year paycut, you should already be in a position to deal with it because you should already be living at that level. For the years you make more, or even a lot more, then pump up your savings, retirement, pay down debt and the like. But whatever you do, please do NOT leverage your credit during the good years to get your hands on things you couldn't afford if you lost your current job. Save and pay cash and then you can afford it.
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