Comments on: Your Kid Thinks He’ll Make $173,000 A Year http://www.savingadvice.com/blog/2007/05/02/101385_your-kid-thinks-hell-make-173000-a-year.html Bridging the gap between saving money and investing Tue, 24 Nov 2009 18:30:33 -0800 http://wordpress.org/?v=2.8 hourly 1 By: dan http://www.savingadvice.com/blog/2007/05/02/101385_your-kid-thinks-hell-make-173000-a-year.html/comment-page-1#comment-42727 dan Fri, 04 May 2007 03:52:24 +0000 http://www.pfadvice.com/2007/05/02/your-kid-thinks-hell-make-173000-a-year/#comment-42727 There are a lot of teenagers who are going to to a rude awakening in a few years. I'd bet that part of this is due to how easy it is for them to get money from their parents. There are a lot of teenagers who are going to to a rude awakening in a few years. I’d bet that part of this is due to how easy it is for them to get money from their parents.

]]> By: Silly kids, 6 figure incomes are not for newbies « Midspot http://www.savingadvice.com/blog/2007/05/02/101385_your-kid-thinks-hell-make-173000-a-year.html/comment-page-1#comment-42566 Silly kids, 6 figure incomes are not for newbies « Midspot Thu, 03 May 2007 15:31:09 +0000 http://www.pfadvice.com/2007/05/02/your-kid-thinks-hell-make-173000-a-year/#comment-42566 [...] May 3rd, 2007 · No Comments Teenagers today think that they are going to make quite a bit of money. The average teenager believes that they will be earning an salary of $145,000 a year. Boys believe that they will be earning a salary of $173,000 per year while girls believe they will be earning $114,000 per year. This despite the fact that the average annual salary for a worker in the US is about $40,000 today. Full Link [...] [...] May 3rd, 2007 · No Comments Teenagers today think that they are going to make quite a bit of money. The average teenager believes that they will be earning an salary of $145,000 a year. Boys believe that they will be earning a salary of $173,000 per year while girls believe they will be earning $114,000 per year. This despite the fact that the average annual salary for a worker in the US is about $40,000 today. Full Link [...]

]]> By: CT http://www.savingadvice.com/blog/2007/05/02/101385_your-kid-thinks-hell-make-173000-a-year.html/comment-page-1#comment-42508 CT Thu, 03 May 2007 11:30:52 +0000 http://www.pfadvice.com/2007/05/02/your-kid-thinks-hell-make-173000-a-year/#comment-42508 Why would a 14 year old know how much he or she would make 10+ years down the road? Yes $173,000 is a bad guess, but a lot of kids that age still genuinely beleive they will be a movie star or professional basketball player. The kids who think they are going to make $10 million a year are probably skewing the average (median would probably be more useful). I didn't know how much I was going to make until I looked up the average salary for my future job. Why would a 14 year old know how much he or she would make 10+ years down the road? Yes $173,000 is a bad guess, but a lot of kids that age still genuinely beleive they will be a movie star or professional basketball player. The kids who think they are going to make $10 million a year are probably skewing the average (median would probably be more useful). I didn’t know how much I was going to make until I looked up the average salary for my future job.

]]> By: Joey http://www.savingadvice.com/blog/2007/05/02/101385_your-kid-thinks-hell-make-173000-a-year.html/comment-page-1#comment-42493 Joey Thu, 03 May 2007 09:29:25 +0000 http://www.pfadvice.com/2007/05/02/your-kid-thinks-hell-make-173000-a-year/#comment-42493 Well these are all arbitrary numbers. These kids have nothing to base it on. Education is step one for any of these kids. My son knows that school does NOT end at high school, the way my parents taught me unfortunately. He knows there is at least 6 years of schooling once he gets his high school diploma or baccalauréat. With this plan already in the works, setting his lofty goals will be easier. Right now he doesn't think about salary. He just knows what he wants to do and if he likes it, the money will come. Well these are all arbitrary numbers. These kids have nothing to base it on. Education is step one for any of these kids. My son knows that school does NOT end at high school, the way my parents taught me unfortunately. He knows there is at least 6 years of schooling once he gets his high school diploma or baccalauréat. With this plan already in the works, setting his lofty goals will be easier. Right now he doesn’t think about salary. He just knows what he wants to do and if he likes it, the money will come.

]]> By: J.B.Slife http://www.savingadvice.com/blog/2007/05/02/101385_your-kid-thinks-hell-make-173000-a-year.html/comment-page-1#comment-42446 J.B.Slife Thu, 03 May 2007 05:52:29 +0000 http://www.pfadvice.com/2007/05/02/your-kid-thinks-hell-make-173000-a-year/#comment-42446 How crazy is that. Of course, I still think I'm going to be making $173,000 any day now. Anyways...my kids may have a little more than I as my father has already set up a college fund for them. I don't have a college degree. How crazy is that. Of course, I still think I’m going to be making $173,000 any day now.

Anyways…my kids may have a little more than I as my father has already set up a college fund for them. I don’t have a college degree.

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