<p>Anyone dig the idea of making 80,000 DOLLARS after 5 years? I sure do.</p>
<p>Yeah! I agree! Double that amount after 10 years. It’s definitely a stress-free career. And the reputation and prestige that surrounds it is amazing. It’s a hot career. And if you get bored of Accounting (although that is highly unlikely), you can go into any other field you want. I was an accountant for 5 years, now I am an investment banker.</p>
<p>I know what a cush job.</p>
<p>I am probably going to retire at 50 sitting in a nice little pool of money</p>
<p>YAY Accounting!</p>
<p>You two have a lot of time on a Friday morning. Losers.</p>
<p>I am only joking around. Laugh a little, Accountant.</p>
<p>Pretty bad thread.</p>
<p>Some accountants ouch. Probably got one suit, and they bought it from Men’s Warehouse.</p>
<p>creamgetthemoney, i liked the youtube thing so much i took the book out from the library</p>
<ol>
<li><p>“Anyone dig the idea of making 80,000 DOLLARS after 5 years? I sure do.”</p></li>
<li><p>"Yeah! I agree! Double that amount after 10 years. It’s definitely a stress-free career. And the reputation and prestige that surrounds it is amazing. It’s a hot career. And if you get bored of Accounting (although that is highly unlikely), you can go into any other field you want. I was an accountant for 5 years, now I am an investment banker. "</p></li>
</ol>
<p>For the majority of people this is true, but there are some exceptions. Yet, there is no need of being sarcastic.</p>
<p>Relax. Unfortunately after a few years in the business world you won’t think $80K is a lot! I was so excited to be making “a lot” in my first job until I saw how much needed to be saved for a down payment on a house, a decent car (and no, even 25 years ago a luxury car was not happening for me on $80K), good work clothes, meals out and a decent place to live meanwhile.</p>
<p>80k is a lot of money if you don’t get taxed. After taxes, 80k is about a 2k biweekly paycheck.</p>
<p>Debating what is good income is pretty stupid when you have people that live in different areas with different CoLI, isn’t it?</p>
<p>" meals out"</p>
<p>I can see why finances may have been troublesome for you.</p>
<p>Anyone in finance could laugh at all of you in this thread for comparing your numbers. Simple point is, don’t think because you’re making x-amount of money after x-amount of time you’re golden. Some of the people who’ve interviewed me for summer positions have pulled in more than your $80k in their last bonus.</p>
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</p>
<p>I know right? These accountants need to take their mouses and get back to making 60k a year (ohhhh that’s not a lot of money!)</p>
<p>Accountants make no where that much anymore, you guys are just saying this to each other to make your self feel better about picking a major that’s going to start you out on 20k… You know its true, give me 1 link of a job that shows 80k…</p>
<p>^And you doctors are overpaid.</p>
<p>That 20k is a gross underestimate. You’d be hard pressed to find a full time CPA making anywhere near that.</p>
<p>uhh, more like 50K doctor. And I believe they said 80K after 5 years, not right away. But I guess talking trash makes YOU feel better about yourself.</p>
<p>My wife has a job offer for next fall as a first year auditor at 53k a year, so only starting at 20k isn’t reality. </p>
<p>Is accounting going to get your rich? Certainly not, and neither will any other job that gives you a steady paycheck. You want to be rich, be an entrepreneur or inventor. You want to have enough money to be comfortable, accounting isn’t a bad choice along with countless other professions.</p>
<p>And 55-60K in accounting is only the starting salary (1-2 years of experience). By the time you hit manager you’ll make around 100K and move up after that (close to 200K if you’re senior manager, 200K-1 million if you make partner). And when you hit that 80K salary with 4-5 years of experience, you will most likely get a nice 6 figure salary (between 100-150K) if you move to industry working as a financial analyst or controller. </p>
<p>I know this by talking to family friends and my alum.</p>