Afford Skylines

[32typeM]

I need a kick in the ass to get motivated...Again, I'm torn between High School Teacher or auto mechanic...and the fact I already wanna get out of crappy tire isn't helping much to get me my Skyline, or first car for that matter....job sites aren't helping much in finding me a decent weekend job working with my hands...

[32typeM]

Now I'm worried. I told my mom that I had no intention of coming to a second day of Crappy Tire, and I officially lost my ticket to my first car. She told me that it's driving school, and I'm on my own for my car. No help, no funding, and 100% of the car is now coming out of my pocket. Looks like I'm going to have to take the WORST path and get a Honda Civic. It's not that bad for me, but I hate Civics unless it's an EG Hatch, but I can;t afford one of those on my own on top of insurance.

In short, I have to find a weekend/PT job using my hands ASAP if I want to start saving up now. I did see a turbo 323 on Ricescene, which looks good for 400, but even on my own that's gonna be tough. So if anyone knows someone who needs an extra pair of hands on weekends in the Vancouver/Surrey area,close to public transit and is willing to take on a grade 11 HS student who did an 8-week work experience at a dealership, let me know. Right now, it's serious crunch time for me.

It's good that I get this off my chest because my inability to stay happy in work just cost me like 90% of my first car budget.

[falcon]

is the 323 white and have a blown headgasket? if so, I know who's it is. thats a kickass deal for a 323 turbo (they are AWD as well).

[32typeM]

It got sold, but didn't have a BHG....but if i knew the price and what went into fixing it (read: COST) then I'll have to find a job faster.

Otherwise I have my car after the PNE season...WAY too late for me. I want to be road-bound ASAP so I dont take transit to my home games for my school rugby team (our field isn't at our school)

[DeviantRebel442]

hey raijin i was just gunna say...im heading in the same direction as you...

however im approaching it a little differently...im hoping to head into investment banking...but before i do im getting my CA and my LLB

so ill be a lawyer/accountant/investment banker...

nice 14 years of school

oh well...its you and me who will own the first R34s...stick with it...the juice is worth the squeeze

I'm a manager lol don't insult me

like I said, I do EVERYTHING. my experience is incredible and right now that's more important than pay itself... looking long term...

so a couple months ago I finally found what I wanted to do, switched into the closest program available and have been nearly obsessed since with planning a path and then cutting a swath to make it. I'm hoping to land a paid placement/internship/summer job/part-time work somewhere closest to what I want to do later. experience experience experience. really makes you stand out on a resume, and the occupation I'm looking into in incredible competitive to break in to.

btw, I'm looking to be either a stock trader or an investment banker.
that's right. a fat cat. money money money. I'm obsessed with money and here are some figures that got me motivated lol:

(typical pay)
First year analyst (straight out of school with a bachelor's): $90,000/year
Second year analyst: $150,000/year
First year associate (MBA): $170,000/year
Third year associate: $300,000/year
Vice president (3-6 years of work): $500,000/year
Director (5-10 years of work): $700,000/year
Managing director (7-10 years): $800,000/year
Department head (10+ years): $2,000,000/year

note, again, that is TYPICAL pay. I'm aiming for the big banks. notably goldman sachs... retarded pay.
here's some real people with their pay: http://www.careers-in-finance.com/salexamples.pdf

so I'm 19 right now making $10.35/h. at age 30, I'll be aiming to be making ~$1,000,000/year. I could retire in one year's pay there. plop it in a 5% interest savings account and I could take $50,000 out per year and my 1mil wouldn't have gone anywhere.

ahhh thanks for rant space again. I love reminding myself of where I'll be in a few years :-D self-motivation FTW!

[mcfly]

(typical pay)
First year analyst (straight out of school with a bachelor's): $90,000/year
Second year analyst: $150,000/year
First year associate (MBA): $170,000/year
Third year associate: $300,000/year
Vice president (3-6 years of work): $500,000/year
Director (5-10 years of work): $700,000/year
Managing director (7-10 years): $800,000/year
Department head (10+ years): $2,000,000/year

I find your numbers need some tending.
Just coming from my viewpoint anyways where an accountant fresh out of school taking casb will only make 40k at a big firm such as kpmg.

Unless your wages take into account the 80 - 100 hour work weeks and are on the upper end of the scale, elite of the elite.
Regardless that is not typical pay for investment banking analysts. You can also expect those numbers to tank in the next while here.

[raijin-xiii]

oh well...its you and me who will own the first R34s...stick with it...the juice is worth the squeeze

ha for sure! first R34, then one-offs from Mine's and one from RIPS, then the only two Z-tunes in canada... because anyone else who earns this much money is bound to only want ferraris and lambos.. hell yess8) 8)

soo my route consists of:
3 years of financial planning at college,
1-2 years at a uni for an undergrad in finance
1-2 years for an MBA
finish the CFA (chartered financial analyst, can start on last year of bachelor's) exams that have 250h of studying recommended per exam (3x 6-hour exams) and a 30% PASSing rate,
and CFP (certified financial planner, during college mandatory lol)

I don't think it's all that much. I can manage. I might do monthly draws to win a full rebuild on GTRC stay tuned!

[raijin-xiii]

I find your numbers need some tending.
Just coming from my viewpoint anyways where an accountant fresh out of school taking casb will only make 40k at a big firm such as kpmg.

Unless your wages take into account the 80 - 100 hour work weeks and are on the upper end of the scale, elite of the elite.
Regardless that is not typical pay for investment banking analysts. You can also expect those numbers to tank in the next while here.

just pulled those numbers from here:

http://www.careers-in-finance.com/ibsal.htm

note the ranges (1st year $60k-$150k) and these numbers include the sacred BONUS lol.

yep the numbers will tank but by the time I'm out of school in 4-5 years I hope that it should be improving somewhat again. either way, I'd be happy doing what I do and I don't really have much expensive tastes, so not making the maximum... I'll be fine

until I get greedy. when I hit "retirement" I'll start up a hedge fund and make RETARDED AMOUNTS OF MONEY.
I mean, the top guy last year personally got to take home this much:

$3,700,000,000
yes. $3.7 BILLION IN ONE YEAR. WTF DO YOU DO WITH THAT???

[DeviantRebel442]

haha...ahhhhh yes the dreaded UFE...i will have to write aswell...

my dad told me all about it...horror story....18 hours over 3 days of biting nails and contemplating suicide...

my plan...and what is going on right now...

4 years undergrad at SFU for business administration with a double major in Finance and Accounting...finish MBA afterwards (1 year program at SFU)...overall 5-6 years depending on grades

Transfer to UBC for Chartered Accountancy...2 years schooling 2 doing my article...write UFE...

Then write LSAT

head over to Del-Housie complete my Law degree and finish up my education...

overall i will have a BBA with a double major in Fiance and Accounting, MBA, CA, LLB

ha for sure! first R34, then one-offs from Mine's and one from RIPS, then the only two Z-tunes in canada... because anyone else who earns this much money is bound to only want ferraris and lambos.. hell yess8) 8)

soo my route consists of:
3 years of financial planning at college,
1-2 years at a uni for an undergrad in finance
1-2 years for an MBA
finish the CFA (chartered financial analyst, can start on last year of bachelor's) exams that have 250h of studying recommended per exam (3x 6-hour exams) and a 30% PASSing rate,
and CFP (certified financial planner, during college mandatory lol)

I don't think it's all that much. I can manage. I might do monthly draws to win a full rebuild on GTRC stay tuned!

[Chris_RB]

I would like to have a life...I think if I went into banking it would consume me and I'd end up like Nicholas Cage in "The Family Man". Investment and different markets really interest me and when I get interested in something I have to learn everything about it before I'm content and greed might also start playing a role.

My buddy whom graduated one year ahead of me grossed 85K AND took 2 months of vacation. Another buddy whom has been doing it for a while longer has done over 100K (he wouldn't tell my exactly, just that it was over 100K, under 200K ...). He's crazy though...he has a regular full time job and then does agency jobs on his days off and vacation (so he was paid vacation time from regular job, and made 40+/hr +OT at second job). Working OT will increase your earnings a LOT in nursing. Some VERY desperate places will pay agency nurses extremely well. I'm doing my specialization in ER which is all paid for (yes, I will be paid to take more schooling!) and it doesn't really affect my current wage much at my current position (I work in Abbotsford ER), but working for an agency I will see a $5-10 increase hourly which is significant especially when offered OT.

Not to mention Nursing is 100% recession proof

I'm going to be where I'm at for a few years to gain experience before I start travel nursing. I may even just go back and do my Masters in Nurse Practitioner. That would open even more doors especially abroad (but should be well established in Canada soonish) not to mention a significant pay increase.

HOWEVER, the past few paychecks have been rapped by tax. The way I see it there really isn't much NET difference between 65-70 to 90K a year because you are taxed a lot more.

[Skym]

Businesses look for experience + education. Some take experience over education. Fresh out of school, nobody has any experience, unless you have worked in a business as part of the course requirements like MBA (Masters of Business Administration) students. It cost's businesses $$$ to employ someone, so has to be correct person for the position.

[GTRbrian]

just gotta plant a few hundred thousand trees man, no problemo.

[king_cobra]

(typical pay)
First year analyst (straight out of school with a bachelor's): $90,000/year
Second year analyst: $150,000/year
First year associate (MBA): $170,000/year
Third year associate: $300,000/year
Vice president (3-6 years of work): $500,000/year
Director (5-10 years of work): $700,000/year
Managing director (7-10 years): $800,000/year
Department head (10+ years): $2,000,000/year

note, again, that is TYPICAL pay.

typical pay?
VP 3-6 years of work?
$90k straight out of school?



what kind of crack are they smokin?

[GTRbrian]

I'm a manager lol don't insult me

like I said, I do EVERYTHING. my experience is incredible and right now that's more important than pay itself... looking long term...

so a couple months ago I finally found what I wanted to do, switched into the closest program available and have been nearly obsessed since with planning a path and then cutting a swath to make it. I'm hoping to land a paid placement/internship/summer job/part-time work somewhere closest to what I want to do later. experience experience experience. really makes you stand out on a resume, and the occupation I'm looking into in incredible competitive to break in to.

btw, I'm looking to be either a stock trader or an investment banker.
that's right. a fat cat. money money money. I'm obsessed with money and here are some figures that got me motivated lol:

(typical pay)
First year analyst (straight out of school with a bachelor's): $90,000/year
Second year analyst: $150,000/year
First year associate (MBA): $170,000/year
Third year associate: $300,000/year
Vice president (3-6 years of work): $500,000/year
Director (5-10 years of work): $700,000/year
Managing director (7-10 years): $800,000/year
Department head (10+ years): $2,000,000/year

note, again, that is TYPICAL pay. I'm aiming for the big banks. notably goldman sachs... retarded pay.
here's some real people with their pay: http://www.careers-in-finance.com/salexamples.pdf

so I'm 19 right now making $10.35/h. at age 30, I'll be aiming to be making ~$1,000,000/year. I could retire in one year's pay there. plop it in a 5% interest savings account and I could take $50,000 out per year and my 1mil wouldn't have gone anywhere.

ahhh thanks for rant space again. I love reminding myself of where I'll be in a few years :-D self-motivation FTW!

don't want to burst your bubble but those pay figures are in American dollars and are likely from before the economy took a turn for the worse. Also the source of it is "conversations with industry insiders" which is most likely bias and kinda takes away credibility of those statistics. Good luck making the big bucks though, there is a lot of money in the "green" industries right now and in Canadian banks. btw money doesn't buy happiness

[DeviantRebel442]

i disagree with the money doesnt buy happiness...

what makes you happy...car parts, traveling, having a home, having financial security...etc.etc...

all those things require money...

i can guarantee that if you had a million you would be happy...

now on the other hand...many cant buy love people just love money....THATS different...

also to add some more info...

the majority of the investment banking banks are going to the grave....Lehman brothers is a prime example times are a changing...

it will take about 4-5 years to get back to a normal stable economy....these figures are slightly skewed...as wage for investment bankers relies on performance greatly....then its hard to make an EXACT judgment...these are approximate...