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New Hire Living

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Medicryan

Well-known member
Joined
Jan 20, 2005
Posts
63
I just wanted to get an idea of what most of the single new hires do as far as living arrangements after getting hired by a regional. I have a buddy at Pinnacle and he and 3 other FO's got a townhouse in MSP. Is that what pretty much everyone is doing? With the pay as it is, I don't know how you could do it any other way. Any insight would be much appreciated.
 
Don't forget to apply for food stamps, and I am seriously not kidding.
 
funny how most other "white collar jobs" require food stamps and pizza delivery during the "early years" just to pay the rent

I seem to remember meeting lots of Dominos Pizza drivers who were in their apprenticeship as CPAs, Medical Doctors, Lawyers, etc

(not)
 
live in my house i've been living in since graduating college, building another one...nice to have a sugar momma
 
flyguy81 said:
nice to have a sugar momma

Gotta get one of those, that's the secret
 
Gotta get one of those, that's the secret


Yeah how's that working out for ya?
 
well if you don't have too many bills you will be ok. When i first got hired i had a car payment which was 30 percent of my take home. With the credit card and phone i could barely make it. there were times i had 30 bucks for two weeks of food! my rent all inclusive was 200 a month but of course i shared my room with two other dudes. i would just leave on my dayys off and mooch off my parents and friends. it was rough.

i since pai
d off my car and now live ina studio that i share. my total bills for living are 200 bucks a month (rent/internet/utilities). that does not include my food/gas/phone and other incidentals. I took a second job as a waiter. between the two i can SAVE. But i haven't even thought about touching my hugh jass student loan yet.

Good luck man. get ready to adjust your living standards or just go waaaaay into credit card debt.
 
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Good times...this job is for the affluent. You can make more being a street cop and a guaranteed pension with job security than you can flying for a career.

You have to be from a affluent background and very lucky for the privilege of paying to work for an airline. Good times...
 
I'm looking at buying a modest home on first year regional pay in the midwest. I have enough student loans that my monthly payment could buy an Corvette but no other debt. No, I am not crazy. Crunch the numbers - if you are single, live in a reasonable place (ie NOT most hubs), don't have debt or kids and don't live expensively its tight the first year but definately doable. With a roommate or two or a working spouse (for the income and tax deduction) its even easier.

UPT will be a nice raise, though :D
 
BoilerUP said:
I'm looking at buying a modest home on first year regional pay in the midwest. I have enough student loans that my monthly payment could buy an Corvette but no other debt.

I'll believe it when I see your numbers.
 
Flying Ninja said:
I'll believe it when I see your numbers.
Not that I have to justify my finances to you or anybody else, but...

A lineholder crediting 82 hours per month and 300 hours perdiem (conservative estimate for both credit and perdiem), taking out my medical/dental/life insurance/uniform costs and 5% 401k contribution, 25% tax bracket. $800 PITI mortgage payment, $430 student loan payment, utilities, cell phone, gym membership, food & gas for the car...with ~150-200 left over each month for misc expenses and savings. No landline telephone, no cable TV, all electric house so relatively cheap heating/cooling. I'm single but getting married in the spring, and since I can cover all my expenses, she'll need to make her gas & student loan money and the rest can go into savings.

Its not hard if you live lean...and believe me, I'm NOT a ramen noodles type guy.
 
Steveair said:
Which company has it in their contract that you can't use food stamps while in uniform??

That would be great if every pilot that was on food stamps used them while in uniform. Maybe that will help the public understand that we dont make $200,000 a year and work 4 days a month!!
 
gear goes down said:
That would be great if every pilot that was on food stamps used them while in uniform. Maybe that will help the public understand that we dont make $200,000 a year and work 4 days a month!!



Speak for yourself.
 

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