How do you survive?????

[atpcliff]

Hi!

Options:
USA Jet loves mil guys. If you mostly have rotor time u start as a Falcon 20 FO $34K base and 11 hard days off. If u have mostly FW time U may get to start as a -9 FO $39K base and 13 hard days off.

Overseas carriers:
If you have 500 on the -320, there's a million contracts available, including DEC (Direct Entry Captain-called "Street Captain" in the US). You'll make $100K plus with housing, transportation, schooling for your kids, etc. Even if you just have the -320 type, there are some contract jobs paying decent money.

Other jobs:
U may be able to find some other jobs with that time. Flight Options???

Regional Street Captain:
Go to Colgan, Big Sky, Great Lakes, Pinnacle, TSA or somewhere else that has low capt upgrade mins, because you won't be an FO long at those places.

Good luck!

cliff
LRD
PS-Join aptap.org if you haven't already. It's Army Pilot To Airline Pilot. It was originally designed for Army helo guys, but there's lots of mil guys there including FW guys. Great networking and advice. I got a job and an interview there and can get help for more if I want.

 

[Amish RakeFight]

If it isn't frozen, canned or boxed for consumption within the next 3 years it's NOT what's for dinner.

 

[jmreii]

You don't NEED a new cell phone-
You don't NEED a car payment-
You don't NEED to eat out-
You don't NEED to have the big screen TV-
IPOD
Hair gel
$360.00 Leather jacket

It's not that hard. you just don't get to live like your friends. You can't HAVE IT ALL.

My niece.......26 years old.
$220,000 interest only mortgage
$400/month car payment X 2 (for boyfriend)
every cable channel available on her 42" flat screen
600 pairs of shoes
Just bought a Coach dog collar for her puppy "cause at 40% off $50 is not much for this collar"

She is a hairdresser
Live-in boyfriend is a landscaper but a really "talented artist" She constantly complains about having no money

Where is the fiscal responsibility?

It's really not that hard

Interest only mortages is one of the reasons that so many people are in trouble with their home loans in the United States.

If your name is Donald Trump it is usually not a problem to have a interest only loan.

 

[RemoveB4Flght]

Interest only mortages is one of the reasons that so many people are in trouble with their home loans in the United States.

If your name is Donald Trump it is usually not a problem to have a interest only loan.

yeah really.... why build equity when you can just shovel money into the bank.... just not into your account


I dated a girl in college who didn't fully grasp the concept of an ATM... she knew it gave her money, but not that the money was deducted from some type of account (it was her daddy's card).. When I explained this to her she looked at me funny, and said "so the bank goes around and puts some of your money in each ATM machine?"...

i remember she had real big....

 

[Papps]

I don't have any great advice for you. I know that most married guys need to have their wives work at least for a while. I think alot of regionals will pay CA pay if you are doing training on your days off (i think). So especially with a military background you could help teach the security classes. You could get involved with HR interviewing potential new hires.

Some guys go to places where seniority builds fast then they do work in real estate or morgage stuff.

I know the market in real estate is flat right now, but you could do minimal training and do home inspections on your days off. I think that is a few hundred bucks per inspection, and in alot of states the training is like a week or two long.

If your place pays 150 or 200% for picking up trips on your days off that may be an option to kick up your hourly pay rate. Sorry dude thats the best advice i have, the first year is tough.

 

[deadstick]

Ditto what atpcliff posted. APTAP is a great network, and, if I could move to MI I would have applied to USA Jet. How long until you ETS? Start tightening the belt now for the lean times to come.

Also, what about the Reserves?
"+" Keep the pay grade/time in service.
"-" That's pretty obvious.

I hear Best Buy is a good place for non-standard work schedules.

 

[capt. megadeth]

Interest only mortages is one of the reasons that so many people are in trouble with their home loans in the United States.

I think there really is a place and time for interest only mortgages.

For the average homeowner though, I really think if you take out interest only vs. fixed rate regular mortgage, you are a f***ing moron! I mean, you only pay down about $100 a month on principal, but at least in 30 years, you will have a paid off house at least. If you are pushing it so tight, that you can't afford the extra $100 a month and you need an interest only, you are a moron because you cannot afford the place you are buying.

 

[say again]

I survived by getting out!! My expenses far exceeded my income. I tried to budget myself, but honestly, the job just wasn't worth giving up my previous lifestyle!

 

[big_al]

you can sell yourself on time off to make up for the lack of cash

 

[Dharmesh1231]

Hey thanks a lot guys...I know the first year F/O pay really hurts, but I guess I'll bite the bullet and see how it goes....as ATPcliff, deadstick and papps mentioned I guess the only way is to pick up more time, get into real estate or work within the company if there are other positions available. I am getting out of the US Marines in a few months....have to brace for impact. Thanks....wish me luck

 

[PAPA FOX!]

Here's my question....how do you survive first year regional pilot pay.

This might help you out! Fun to boot!

http://www.safesexgetpaid.com/

 

[TOGA]

My wife quit her $35/hr Flight Attendant job to be home with our new baby when I was hired at a regional, at $18/hr, seven and a half years ago. We braced for impact & we've survived, even after having a second (and final!) baby just after my post-9/11 downgrade from Captain to FO. It has not been pretty, but we've maintained good credit & we're pulling out of the financial death spiral. As has been mentioned here, there are many options for 'side' jobs . . . I worked at a funeral home for a while. That was interesting!

A few months ago, I came upon a concept that completely amazed me. It's called a Money Merge Account, or MMA. It's a way to pay off your mortgage at a greatly accelerated rate without ever paying any extra. It's not a bi-weekly payment program, a refinancing scheme, or anything like that. It's basically a calculator on steroids. If you visit the website in my signature, you can learn all about MMAs. There's a great video that explains the system if you click on the "MMA Video Tour" link. The best way to get your head wrapped around this is to click on the link titled "Free MMA Analysis" and take the time to fill out all the info it requests. When you click "Submit", your info comes directly to me . . . noone else. I'll run an analysis on your numbers, email you the report, and give you a call. With a copy of the report in front of each of us, we'll go over every detail of what an MMA can do for you, specifically. The results are guaranteed and noone ever has any access to any of your accounts. This program has changed the way I look at money management and, if you have a mortgage with at least a few years left on it, I'm certain you'll feel the same. If you're looking for a way to supplement your income, you can do that, too. I'm almost evangelical about MMAs because I know that, for every dollar I'll make in commission, my client will save hundreds. Every American homeowner needs to know about this program, but few do . . . the market is basically untapped. Please visit my website & email me through the link you'll find there. Free yourself from the burden of a mortgage and/or help others do the same!!

 

[cldsfr79]

Here's my question....how do you survive first year regional pilot pay.
quote]

When I first got hired flying turbo props at a regional, I was making $1120 a month (including perdiem) after taxes and other dedections.

Here's how year one went: I counted every penny I made. I lived with 5 other people and rented a small room in an attic of a house. I had "bunny ears" on my tv, my furniture consisted of a bed, a night stand, a clothing rack, a folding table (used as a tv stand), a computer, and several boxes to hold my clothes. That's it. For food I ate lots of ramen noodles, PBJs, pasta, and anything else that was cheap. I brought my food with me, in a small cooler, when I was at work bc I couldn't afford terminal food everyday. I needed to use my per diem as supplemental income. I didn't own a car, and used my bicycle and public transporation to get around.

Year two: I made about $200 more a month and was able to have cable TV! That was a big improvement.

Thankfully I was single and only had to support myself. If I had a family, I hope my wife is a "sugar momma" with lots of money.

 

[greyskyracer]

toga do you have a few moments to talk about amway?

 

[TOGA]

Boy, do I have some soap for you!! You can pay off your mortgage while you clean your floors!!