Money is very important though. For me it's been the difference between living in a place where I have over a 1-hour commute and have financial stress to worry about, and having a 15-minute commute and a beautiful apartment in a tower and being able to buy whatever I want.
@Wichael. But who sits through a law school education and thinks it will be a walk in the park? He seems ungrateful. He made it through school and actually landed a great job, but now he is like oh wait this isn’t the life I want? Was he not paying attention or doing some type of internship beforehand?
He also wants to lock people up in a cage. What I can't stand about the prosecutor side is that that's their focus...I find it incredibly upsetting that there's lawyers out there that would hide exculpatory evidence in order to win a case. F those people!
My husband made a great wage, but the hours were long, hard, and traveled to Asia and away from us. Something in his gut told him to quit. He did. He took less hours, less money, and spent A LOT more time with me and our 3 kids. And didn't even have a 5 minute commute. He actually had about 5 years solid with us until he passed away. If he had been traveling or working as he did, he would have likely died sooner and had less time to be a daddy to his babies. Go with your gut.
Seriously. Why don't people realize this. Like when someone tells me they they make 120k but they work like 80 hours... thats technically 60k for regular 40 hour job...
Exactly my thoughts. The whole point of a good career is overall value added to your life, it's not supposed to be your life. So it's all about what you make per unit of time because that's where the value comes from
@@matthewmedeiros5533 He could still add value to his life. If he saved that money could buy him a house and he then could be free to do what he likes.
I'd stay at that 200k per year job long enough to get out of that 88k debt and then find something else that's a lot less stressful, even if it pays me 100k less per year. No job is worth risking your health over no matter how good it pays. I'd much rather have a lower paying job that's a lot less stressful and gives me more free time to enjoy life, than a higher paying job that stresses me out and causes me to have no life outside of my work. It's just not worth it. Life is short enough as it is..
For firms on that level it's basically just a mix of continued education and a hazing ritual, it's a combination of making you learn as much as possible as quickly as possible while you're still young and making sure you can handle the stress. You have about 4 years of that lifestyle then you get moved into an easier, even better paying position. It's the same thing in finance, people wonder how you become a multimillionaire CEO? You either do well at a good school or make the right contacts and get in with a high-end finance/investing firm and work 100 hour weeks doing full time research and analytics, basically sleeping at the office for 4 years. Then you have the resume to gig as an executive assistant once you know enough to be useful and then you have the credentials for some c-level position and you move up from there.
80 hrs per week! I remember when I Was doing 75 to 85 per week for an investment firm and hated the work but the $180k pushed me. Since invested in some commercial and residential units plus do a home consulting business only 15 hrs a week now and make $140k. Life is good, no boss, wake when i want, watch a movie in day, go gym in day, read, learn, no commute, bs office politics and forcing to go to lunch with people you do not admire. Financial free and your own business is the goal!
Life is short! If you have anxiety every morning when the alarm clock goes off due to your job, do something else. I did and don’t regret it. A toxic job can actually be bad for your health. Good luck!
@@luthiengs exactly. I work in IT and it is exactly like that. Everyone goes on about how high the salaries are but the companies get their money's worth.
I took a $30k pay cut for a less stressful job! In fact I essentially begged my now boss to hire me so that I could get away from my old job... Best decision ever!
I hope you don’t have kids that still have yet to go to college, because if you do, you will certainly regret that decision when it’s time to pay their tuition.
@@johnmartin4641the kids can go to community college or trade school, earn money to pay for their college if they choose. I went to college and ended up working in a completely different career than what I studied.
My brother used to be an investment banker, making over 250k as a partner . He left the job abruptly because the insane hours, he missed all of his kids childhood journeys. He said he wouldn’t have done if he could go back in times. Now he’s doing much better working in corporate finance, he has normal 9-5 schedule and still making six figures.
On top of that, he's in California -- where the cost of living is insane! So the $200k he's making is like $100k in the Great Lakes region. And that's for a double-shift. If a normal 9-5 job, it would amount to only $50k.
Most jobs that make this kind of money we work more than 40 hours. A week. Even a business owner or entrepreneur puts in more than 40 hours a week on their investment.
unfortunately you also get used to living the life at that salary so when you contemplate a paycut for a better work/life balance, it can be difficult to give up the lavish lifestyle....that is what I have seen in my case as I work with lawyers
It doesn’t matter if you have or might have a family in the future. People owe it to their future wife and kids to provide the best life possible for them. It doesn’t matter if you actually enjoy it if you’re not single forever, all that matters is if it provides the best life life possible for your family. The problem with people today is that some of them are selfish and don’t think about their future family/dependents and don’t plan for the future and how their choices will impact them, they only think about themselves in the present moment which is why millennials are the poorest generation and claim they “can’t afford to have a family”. That’s the result of telling an entire generation to “follow their dreams” and ignore whether their major or job can support a good life for their future family.
Defending people is justice as well, especially those who have been wrongly or mistakenly accused. People seem to think that the only kind of justice is locking people up.
True, but the reality is that you will more often than not be defending guilty people. I think defending the accused is a vital and important duty, but I understand why it isn't for a lot of people.
Two years is cool. You will have your debt paid off and maybe 150k in savings. The beauty of being debt free is being able to choose what you want to do. 80k-100k per year is still a decent amount of money if your doing what you love to do.
Why not stay another two years on top of that hand have $300,000 saved and then go and work in his "animal shelter" or "Charity" that the desires. He could even work in McDonalds afterwards.
@Ya Mish There are many people with a prestige career who are happy. Nobody should ever look at someone in a situation like this and say to themself "see, it's too stressful and that's why I don't want to go to school because it wouldn't be worth it". It's always worth it, IF that's what you truly want. Loans shouldn't be the reason people are not wanting to go to school because education is a wonderful thing to have but just as Dave says "don't overpay for a degree that is not going to ROI". That's when the dream you had becomes a nightmare that you can't seem to wake up from cause at that point you're drowning. This man knew what he wanted which was to be in Law, maybe not to be in the position he's in at the moment but that's also a prime example of why you should "do what you want with your life, not what others want with it". Sure he took a high paying position earning six figures but as a result he did what others thought may be a good idea instead of following what he wanted to do. $200,000/year down to $80,000 is a large decrease in pay & some would call it crazy but what's the money worth if you aren't happy? Sure he's a smart man and he seems to have a plan and just needed some guidance, when you have a plan you don't feel stuck. In any career you choose to follow you must always find a balance to avoid burnout, he's miserable not due to the loans but because he's not doing what he wants.
I like this caller, do what your heart tells you to, especially the fact that he wants justice to be served. Sounds like a blue collar guy in a white collar career.
Agree and Dave is making him feel guilty for wanting to leave a high-paying job for a lower paying job. It’s not always about the money sometimes you realize that you hate what you do and he brings you no joy
I know several people who graduated from law school, and practiced law for a while. Not one of them works in the field anymore. One guy I knew who had a good job as a corporate attorney in San Francisco was drinking himself to sleep every night by his late 20s. Money isn't everything.
@AlaskanWhiskey Each day of working such a stressful job breaks down a person both physically, mentally, and even spiritually. I'm on the military wheel now and trust me, certain things can take a toll on one's health, quickly.
@@texan903 He's just beginning his career and lawyers typically work these type of hours. Not saying he should work there forever but long enough to pay off debt and have a nice savings. And when he does take a lower paying job with less stress, he has not right to complain about bills or how he feels he is entitled to more.
Can make out from his voice how desperately he wants someone to tell him it would be okay to leave to have a better life for himself. The paradox is, what makes a better life
@Lannie85 @Lannie85 I do refrigeration and AC repair in South Carolina on call 90 hours. if he worked with me for a week, he would be smiling every day with his Starbucks in his office job. But we have to remember he just came from college where he spent the last 8 years or more with spring break summer break fall break winter break. 🙃 mommy pays for everything. But he's so young that he doesn't realize that when he sees that 80k paycheck and he's working 90 hours for the prosecution office and even Dave knows that he'll be crying himself to sleep every night. Wait till he has to bring young girls to Grand Jury indictment to be interviewed by 20 plus strangers in the world doesn't even know these cases happen because they have to protect the identity of the child
@JacobsNews I don't think so. 🤔 Your job may be hard but it's not harder. The stress that comes with his job is insurmountable. Trust me I know. I work 80 hrs a week sometimes and it is hard. It sucks. You can't breathe because the stress is too much to endure.
@@charlesg7926 Who is going to manage all 5 properties while working 40-80hrs a week? You need to hire a property manager which would be $$$ for 5 properties.
@@blockaderunner No it wouldn't? What are specifically disagreeing about. I am confused. I am simply stating that it will cost $ to manage multiple properties. When did I ever involve numbers?
@@Brandon-nz7pd Many times quality of life is everything. My career has afforded me with grand opportunities; I've travelled to Germany, France, Spain, Holland, Poland, Greece, Italy, Bulgaria, have lived in England and Belgium. By one standard, people might say I'm blessed. I am. On the other hand, people might say I'm miserable as I have lost romantic relationships, enjoyed decreased quality of friendships, rarely see and communicate with family, though I've relocated nearer. It's all about perspective and what our needs are out of life.
I'm a court interpreter and yes these prosecutors make around 100k. Less than a firm. But let me tell you something, the amount of downtime that they have (me as well) is excessive. It is a lot less mental stress and more time sitting around doing nothing. There are always exceptions but for the most part, it is great.
Yes, my base pay is 84k annual. Besides that, because of all this downtime at the courts, I translate documents and make an extra 10-15k a year. Certification test is hard, but just don't give up. Many people don't pass BAR exam, interpreters for the most part can't expect to pass the first time. Totally worth it. You can freelance and make over 100k a year, easy. Many options are available after becoming certified.
I went to school and took the test, law library helped as well. Because we are kind of like firefighters. We wait around for fires (Spanish cases). We are paid for our availability more than the amount of things we interpret. While at work waiting, I take my computer out and translate documents.
The stress level at those big firms is difficult to manage. Constantly hustling to get those billable hours. It's only worth it if you can get on the partner track, where the real money is.
I don’t know if I’ll ever get up to making $80,000 a year so to me both options sound awesome, but I think Dave is right. There are a lot of paths in the field of law and he’s definitely got time to make connections and explore a more balanced path that can satisfy all sides of the equation.
I know what you're going through. I grinded it for ten years at a soul crushing job. It almost killed me. Try to make it for three years and leave. Money isn't everything.
I was a self employed farmer during the 70-80’s. Loved every minute of it but the 24/7 hours were getting hard as well as strain it was putting on my marriage because I spent all of my time in the barn. Eventually I sold out and took a job with the gov fish and wildlife which meant a 50% cut in income but I loved every minute of that too and was free after 4.00pm every single day. Now I’m retired and looking back, taking that job was the best decision of my life.
bighand69 No, I did not. I did not come from a farm family and rented an old dairy farm. I sold my herd yes... but if you think farming is lucrative you are wrong. But working for certain gov institutions is even less lucrative... But I do agree that you have a point. I’d stay and save as long as possible too.
I'm self employed too and when I'm working hard, making good money, but not satisfied and ask myself what I want to do when I am done with this that will truly make me happy; The answer is that I want to be working outdoors in some capacity , feeling like I am useful to the community, and fish and wildlife sounds like something I'd be interested in. Maybe I'll be there some day.
I can't imagine working two full-time jobs. That's the equivalent of what he's doing. He probably has barely any time to breathe. He probably called in on his lunch break.
An ex corporate lawyer here, yeah there's definitely no such thing as a 'lunch break'. You don't even have a dinner break. You eat lunch and dinner at your desk while working.
I would pay off the debt in a year and then go somewhere else, or demand fewer hours at my current job for a pay cut. I could live the life of my dreams on 80k a year with no debt! There is so much more to life than money.
Since watching Dave I've learned that 200K salaries are way more common than I thought. 🤔 Not jealous, just an observation that I'm old and behind the times. 🤷♀️
It's high, but not astronomically high. Born and raised in Southern California. I make half of what he makes and live very comfortably. 200k will give me a life to splurge in SoCal.
K G true, but there’s no doubt that $200k in SoCal is not equal to $200K in Kansas City or Dallas. $200k in SoCal is basically $140k in Texas, which is still very good.
Having a higher salary doesn’t guarantee a better quality of life, for you or your family. If the only thing your family gets from you is a paycheck, what kind of a relationship will you have with them 5, 10, and 30 years down the road? They don’t just need your money, they need you.
Yes the struggle can be harder for some than others but I'll tell you after blowing 100K in less than 12 months, money isn't everything. I say that because when all your needs are covered the things you buy or spend your money on oftentimes brings a sense of fleeing satisfaction. Yes experiences make it that much better but despite being fortunate enough to have a good paying job, it's the small things in life that bring me more fulfillment: wood in the fireplace, quality family time, low price entrees to cook, being outside and honing my survival skills. Money is just a tool. It enables you to be more of who you really are. If you're bad with money and you get more money, you're still going to be terrible with it. If you live a simplified life, save and invest, you'll grow a sizable nest egg that will offer you freedom and choice to do whatever and whenever you want.
@@mhaskins3769 it isn’t everything? What else is going to send your kids to the college of their choice and keep them out of debt and buy them nice reliable cars to get there? What else is going to buy your wife nice jewelry and take your family out to nice dinners every weekend? I can promise you simply enjoying your job won’t pay for any of these things.
@@johnmartin4641health is also an important factor that you're not adding in. A lot of people have health issues from their jobs when they prolong working too hard, be it physical or mental. It costs money, but most importantly your life. Having kids is your choice, but enough is not the same as luxury. You can provide them with enough money, maybe not much luxuries, from a normal job without working yourself to death.
My goal is to work a high paying job for 2 decades, invest, and buy property so I can retire early. I’d rather live frugally my whole life than work till I’m 70
I respect his sense of values and realizing that money isn’t everything when you’re not happy. This work schedule will eventually take its toll. I’d stay long enough to pay the loan and save a nice little nest egg, and I’d be out. Everyone’s path to happiness and fulfillment doesn’t always look the same. He could always teach a class or pick up a side job if he wants some extra income.
Which basically means they are not all high paying. The real question should be how much someone is making per hour. 🤷♀️ any other comparison depends on quality of life choices and personal preference
I dated a girl while she was in law school and then while she was working in big law. Never saw her, we ended our 4 year relationship about a year into her career. " Shes still single, but probably has a lot of money. I don't have the balls to ask her if it was worth it haha.
I have a relative who used to work as a lawyer. He made alot of money and lived very frugal, so he saved up and opened up a restaurant, which was ultimately his dream.
Defense lawyers are heroes. This misguided lawyer should defend people against the massive force of police, DA office, judges etc. Who always line up against the individual. Ask a wrongly convicted person - there are many.
when you dont love the game it takes toll on you mental health i worked at a job payed good but hated it now work alittle less but love what i do which people look at me crazy for but i rather be happy then miseriable in life by the way i live by needs and not all wants im not a materlistic person i love nice things but i just to look at it ,its not to die for
Lololo! That whole call confused me. You went to law school and actually landed a great job, but now he’s confused. At what point did he expect it to be a breeze?
This is one end if the curve for law school grads - the one for which law school is a good financial investment. A lot of new lawyers graduate every year from less reputable schools and end up trying to pay off 100k in loans on a 60k salary. Becoming an attorney isn't an easy road to riches.
I know I'm super late to this video, but caller - in case you see this, please feel free to reach out to me :). I did the big law thing too and understand exactly what you're going through.
It doesn’t matter if you have or might have a family in the future. People owe it to their future wife and kids to provide the best life possible for them. It doesn’t matter if you actually enjoy it if you’re not single forever, all that matters is if it provides the best life life possible for your family. The problem with people today is that some of them are selfish and don’t think about their future family/dependents and don’t plan for the future and how their choices will impact them, they only think about themselves in the present moment which is why millennials are the poorest generation and claim they “can’t afford to have a family”. That’s the result of telling an entire generation to “follow their dreams” and ignore whether their dream (major and/or job) can support a good life for their future family.
Early years in the career are the toughest, so hang in there until you pay your dept and get some experience. It pays to have the sacrifices earlier rather than later in life
Man I am not loving this take from Dave. Even economics acknowledges the value of things besides money, like time and even leisure. If the guy is prioritizing paying debt, and is willing to get himself debt free first, he is fine.
Dave can tell he's a child that just got out of college🎉 most likely from a rich family🎉 and Dave knows he just wants to go back to his parents taking care of him🎉
This felt like one of those conversations that would benefit a lot from being in person. More than most. Because a lot of the importance of the decision making was not about logical structures information and steps but rather his personal opinions on the two jobs and how he feels about it all.
It doesn’t matter if you have or might have a family in the future. People owe it to their future wife and kids to provide the best life possible for them. It doesn’t matter if you actually enjoy it if you’re not single forever, all that matters is if it provides the best life life possible for your family. The problem with people today is that some of them are selfish and don’t think about their future family/dependents and don’t plan for the future and how their choices will impact them, they only think about themselves in the present moment which is why millennials are the poorest generation and claim they “can’t afford to have a family”. That’s the result of telling an entire generation to “follow their dreams” and ignore whether their dream (major and/or job) can support a good life for their future family.
Ah the Paradox of life...making a lot of money and have no life. That’s usually how it goes sometimes... more money more problems. We give up time for money
Another avenue he could pursue would be to grind it out for say 6-8 years. Live frugally during that time and save/invest $600K. My assumption is that he’s in his late 20’s, so let’s say he’s 28 years old. Walk away at 35 with his retirement already accounted for. Go to the 100k/year job and just live within his means on that job for another 20-25 years. I actually understand his situation because I was miserable in my career when I was young. I didn’t get my career job until I was 37 years old, and I love my job now. Being miserable in your career will take years off your life.
Leaving the 80 hr week NYC legal grind was the best thing I ever did. I am out of law completely, have a life, and still make six figures a year. It's not worth trading your life and health for money.
@@nryanmusic You can make 40k/yrs as a lawyer or not get a job at all. There are too many lawyers and having a pulse and money will get someone into law school. You need to be at the absolute top of your game to get a big law job in a major city, FYI.
I would recommend 6 years. Why. ???? 1. Pay off debt. 2. Experience 3. Network development. 4. Savings 5. Make enough for a decent down payment for a house.
Dave is blinded by dollars. He can't see that this situation is killing this man. He doesn't want it. Just tell him to pay the 80+K, save a couple hundred thousand and move on!
Did you watch the whole video? Asking probing questions to get the guy really thinking whether this is a good move is not “blinded by dollars”. Also news flash, this is a UA-cam channel about getting out of debt lol In case you didn’t watch the whole vid, check out 4:55 where Dave clearly says he understands it’s not worth making $200k-$250k burnt out with a suffered marriage.
Dave didn’t actually tell him to do anything different than he was already planing to do, he just gave him tools to work with to decide better how and when to make the call.
The problem with these big law jobs is not just the 80 hour work weeks. Your work assignments are constantly increasing in complexity and intensity, so many never acclimate. Sticking it out for a few more years may not be feasible for him.
Exactly. So the best talent (or those can't afford to pay their education outright) choose to take higher paying jobs if they want to actually make enough money to live and pay their loans etc. and the public sector loses
He should stay for 2-4 years to gain work experience for his resume. Leaving really early will look bad to other companies but leaving too late you will look like you’ve stagnated.
I'm an otr truck driver we work 80 hours a week all the time and don't see nowhere near 200k yet our job is in the top 3 most important. Without us nobody has food or anything.
Well that's life man. Unfortunately the ability to fight over money and win is a high value skill. Everybody gets paid less than what they bring in and less than what it would cost to get the next guy to do it. Also they'll squeeze you for hours cos you need the money, which lowers the unit labor cost. Ironically the less you pay someone the better this works.
Best Dave Ramsey show I've seen. A lot of ppl here saying "go get your dream job." A lot of lawyers that go to top law schools and want to do litigation think there's two options: big law or federal prosecutors. And despite what they tell themselves, they are mainly driven by prestige. Now perhaps this guy is genuinely driven by the idea of "justice," but I can almost certainly guarantee that he has never sat down and really thought about other opportunities like opening his own boutique; 1) Lawyers are risk-averse and 2) law schools only ever talk about "prestigious" exit opportunities - not forms of law that are "beneath you" like private defense attorneys. Ramsey isn't saying don't be a federal prosecutor making 80k. Ramsey is rightly saying broaden your mind and think about whether there are other opportunities out there that would satisfy both your financial and personal interests -- you don't necessarily have to choose between the two.
I gave up this life only make 35k a year - that’s it/ I’m much happier- what made me change ? A heart attack - My wife and my children. Money is not the most important thing in this life- because that’s all it is - paper.
I got let go unexpectedly from a job that had started to become very tedious. It was such a relief and bittersweet at the same time because of the flexibility and money. I still talk to an ex coworker and I'm not very envious of what she's dealing with
I live in a low cost state compared to California and most of the country and that income range isn’t sh*t here unless you plan on staying single with no kids your entire life, which means it’s practically nothing in California.
I knew 2 people myself that were Lawyers and they quit because they were always working just like this guy... after hearing this Ill never be a lawyer lol
It really depends on the area of law and the firm culture. I'm a defense attorney and barely do 40hrs a week. Now there are times when I'm sitting on the couch doing research on a case at night, but I'm not counting that time. At these really big law firms, they expect you to work 80+ hours, but there's starting to be a shift away from that. If I'm in court from 8am-12pm, due to the mental exertion, I'm usually no good for the rest of the day, so I just go home.
I’m in plaintiffs personal injury as a first year making 80k. It’s 9-5 and my future earning potential is enormous. Plus, I enjoy the work for the most part. People who act like it’s big law or bust don’t really understand the field.
As a former prosecutor, I would tell this guy to pay off his debt before leaving the big firm. Its easy to live on $80k when your only payment is a mortgage, but it is considerably harder with student loan payments.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@BrandonIvan-c6e However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
It doesn’t matter if you have or might have a family in the future. People owe it to their future wife and kids to provide the best life possible for them. It doesn’t matter if you actually enjoy it if you’re not single forever, all that matters is if it provides the best life life possible for your family. The problem with people today is that some of them are selfish and don’t think about their future family/dependents and don’t plan for the future and how their choices will impact them, they only think about themselves in the present moment which is why millennials are the poorest generation and claim they “can’t afford to have a family”. That’s the result of telling an entire generation to “follow their dreams” and ignore whether their dream (major and/or job) can support a good life for their future family.
Long time ago a wise man told me..."don't become a lawyer..."; he was right and I didn't listen...so I will repeat what was said...DON'T BECOME A LAWYER...become something useful to society...
@@AJB_313 lawyers have created the huge need for lawyers. The law is so convoluted that there's little other option. It's the ultimate kingdom building.
The guy on the phone is right minded in general - he will have a nice life I bet if he can get where he wants to go (including getting out of debt) - also get out of California.
I'm in same position...live in CA and make over 200k but hate my job and the long hours. Except I'm almost 20 years older than this caller and have a family to support so I'm stuck...and it sucks.
Posting this from Los Angeles, CA; I am a new listener. My cousin in Houston bent my ear in this financial media direction. The most important thing first, God bless. It is a pleasure enjoying good faith from abroad in TN. Thank you for this whole production. It is absolutely wonderful. I look forward to the good that comes. Thank you. -Ingles, Los Angeles 10/19/19
I'm in a similar position passion-wise. I work in a government position. I saw a career counselor and she confirmed that I could be a higher-level analyst. The problem is, I don't have the passion of being that kind of analyst. An
I respect anyone who believes in themselves and isn’t motivated by money.
Money is very important though. For me it's been the difference between living in a place where I have over a 1-hour commute and have financial stress to worry about, and having a 15-minute commute and a beautiful apartment in a tower and being able to buy whatever I want.
It does not matter if he is motivated by it or not he has to live with it.
Kevin Benedic ngl man, I been a Jet fans since I was 13, I’m 29 now and I’m losing faith every year😞
Obviously you just live a low income life.
I mean do you really get a job that pays 200k if you arent motivated at money at all?
He just wants a better quality of life... seems like he is getting hammered at his new job
Who doesn't? I was hammered for 8+ years with misery but I could take it cause I was in my 30s.
@Wichael. But who sits through a law school education and thinks it will be a walk in the park? He seems ungrateful. He made it through school and actually landed a great job, but now he is like oh wait this isn’t the life I want? Was he not paying attention or doing some type of internship beforehand?
If he was getting hammeted during working hours he wouldnt want to quit
He also wants to lock people up in a cage. What I can't stand about the prosecutor side is that that's their focus...I find it incredibly upsetting that there's lawyers out there that would hide exculpatory evidence in order to win a case. F those people!
nin6246 not all do that
My husband made a great wage, but the hours were long, hard, and traveled to Asia and away from us.
Something in his gut told him to quit. He did. He took less hours, less money, and spent A LOT more time with me and our 3 kids. And didn't even have a 5 minute commute.
He actually had about 5 years solid with us until he passed away. If he had been traveling or working as he did, he would have likely died sooner and had less time to be a daddy to his babies.
Go with your gut.
This touched me. Bless your family and to your man♥️
Thanks for sharing your experience.
j juniper your husband sounds like me... I better listen to your advice
I'm sorry about your husband. Why did he have to go to Asia for his old job?
Touched sorry for your loss 🙏
half the salary for half the hours. is that really a pay cut. time > money
Seriously. Why don't people realize this. Like when someone tells me they they make 120k but they work like 80 hours... thats technically 60k for regular 40 hour job...
Exactly my thoughts. The whole point of a good career is overall value added to your life, it's not supposed to be your life. So it's all about what you make per unit of time because that's where the value comes from
That's a pay raise on an hourly basis because the lower salary is taxed at a lower rate.
@@matthewmedeiros5533
He could still add value to his life. If he saved that money could buy him a house and he then could be free to do what he likes.
@@bighands69 I suppose so yeah
I'd stay at that 200k per year job long enough to get out of that 88k debt and then find something else that's a lot less stressful, even if it pays me 100k less per year. No job is worth risking your health over no matter how good it pays. I'd much rather have a lower paying job that's a lot less stressful and gives me more free time to enjoy life, than a higher paying job that stresses me out and causes me to have no life outside of my work. It's just not worth it. Life is short enough as it is..
👏👏👏👏👏👏👏☝️
Couldn't agree more! Just left a 110k a year job I was with for something 70k because I was stressingg way too much it was affecting my life so badly.
I’m no lawyer but coming from similar situation. I chose life and resigned :) what’s the point of all that money when you can’t even enjoy it
For firms on that level it's basically just a mix of continued education and a hazing ritual, it's a combination of making you learn as much as possible as quickly as possible while you're still young and making sure you can handle the stress. You have about 4 years of that lifestyle then you get moved into an easier, even better paying position. It's the same thing in finance, people wonder how you become a multimillionaire CEO? You either do well at a good school or make the right contacts and get in with a high-end finance/investing firm and work 100 hour weeks doing full time research and analytics, basically sleeping at the office for 4 years. Then you have the resume to gig as an executive assistant once you know enough to be useful and then you have the credentials for some c-level position and you move up from there.
Pay off your debt, pay off the house, then leave.
80 hrs per week! I remember when I Was doing 75 to 85 per week for an investment firm and hated the work but the $180k pushed me. Since invested in some commercial and residential units plus do a home consulting business only 15 hrs a week now and make $140k. Life is good, no boss, wake when i want, watch a movie in day, go gym in day, read, learn, no commute, bs office politics and forcing to go to lunch with people you do not admire. Financial free and your own business is the goal!
Yessss this is my goal to attain someday!!!!
Good job! So u did real estate and rented out?
Way to make this about yourself
Well you just have everything and your life is perfect. Stop taking all of the good and let some other people have some.
Do you also smell your own farts when you want?
Life is short! If you have anxiety every morning when the alarm clock goes off due to your job, do something else. I did and don’t regret it. A toxic job can actually be bad for your health. Good luck!
The thrill of the money you make from a great job definitely fades over time...
Pay off the debt then leave!
Investing Engineered V true
Especially when you don't have time to spend any of it.
Know of any good bots? Lol
@@KMartha22 What? That's how you SAVE, by not having any time to spend it, duh.
Wait a minute what are you doing commenting outside a Graham Stephan video
Welcome to corporate world. if they pay you high, they make sure they get their money worth.
John Smitherson I laughed way to hard!
So true...software engineering is like this too
luthien_gs everything is like this sadly
You don't expect what you paid for?
@@luthiengs exactly. I work in IT and it is exactly like that. Everyone goes on about how high the salaries are but the companies get their money's worth.
I took a $30k pay cut for a less stressful job! In fact I essentially begged my now boss to hire me so that I could get away from my old job... Best decision ever!
I hope you don’t have kids that still have yet to go to college, because if you do, you will certainly regret that decision when it’s time to pay their tuition.
@@johnmartin4641 You obviously don't watch Dave Ramsey... he tells people to start college funds many many years before kids go to college...
@@johnmartin4641the kids can go to community college or trade school, earn money to pay for their college if they choose. I went to college and ended up working in a completely different career than what I studied.
@@johnmartin4641u say that money isn’t everything
But I liked to see u live with out itT
@@johnmartin4641they’re in their own lol
My brother used to be an investment banker, making over 250k as a partner . He left the job abruptly because the insane hours, he missed all of his kids childhood journeys. He said he wouldn’t have done if he could go back in times. Now he’s doing much better working in corporate finance, he has normal 9-5 schedule and still making six figures.
That's very true...when you have kids you dont have much time. They grow up so fast.
My nephew is now a partner after doing the meat grinder. High income but intense pressure.
Thats like 2 jobs
80 hrs is double normal jobs
So if u had 2 jobs each 100k its same as what he is doing
Its not a normal 200k a year
That's as normal as it gets for his industry especially when you're young
Well thought 💭
On top of that, he's in California -- where the cost of living is insane! So the $200k he's making is like $100k in the Great Lakes region. And that's for a double-shift. If a normal 9-5 job, it would amount to only $50k.
Can you think of any job where you make 200k working 40 hours a week? Certain types of medicine are all I can think of.
Most jobs that make this kind of money we work more than 40 hours. A week. Even a business owner or entrepreneur puts in more than 40 hours a week on their investment.
This guy is literally working from 8am-10-11PM 5-6 days a week. You can only do that so much before you burnout regardless of how much money you make.
Good way of putting it but he needs to stay there long enough to get rid of his $88k in debt and save enough for a buffer as well before you quit.
unfortunately you also get used to living the life at that salary so when you contemplate a paycut for a better work/life balance, it can be difficult to give up the lavish lifestyle....that is what I have seen in my case as I work with lawyers
It doesn’t matter if you have or might have a family in the future. People owe it to their future wife and kids to provide the best life possible for them. It doesn’t matter if you actually enjoy it if you’re not single forever, all that matters is if it provides the best life life possible for your family. The problem with people today is that some of them are selfish and don’t think about their future family/dependents and don’t plan for the future and how their choices will impact them, they only think about themselves in the present moment which is why millennials are the poorest generation and claim they “can’t afford to have a family”. That’s the result of telling an entire generation to “follow their dreams” and ignore whether their major or job can support a good life for their future family.
You pay for it with your health though
@@Essays4College Well said. Health is wealth.
"Don't get trapped in the nuanced thinking that there's two options". This is an eye-opener. Thank you
It’s funny because nuance is the opposite of seeing things in black and white.
Defending people is justice as well, especially those who have been wrongly or mistakenly accused. People seem to think that the only kind of justice is locking people up.
True, but the reality is that you will more often than not be defending guilty people. I think defending the accused is a vital and important duty, but I understand why it isn't for a lot of people.
@@TankAssTannerexactly. I’ve worked at both a criminal defense and prosecutors office. Criminal defense isn’t as virtuous as people assume it is.
@@JS-it3dxwhen you see that grand jury has a 99% conviction you realize the system's actually a joke
Two years is cool. You will have your debt paid off and maybe 150k in savings. The beauty of being debt free is being able to choose what you want to do. 80k-100k per year is still a decent amount of money if your doing what you love to do.
Why not stay another two years on top of that hand have $300,000 saved and then go and work in his "animal shelter" or "Charity" that the desires.
He could even work in McDonalds afterwards.
Happiness is the key, not the money. Prime example of that.
Flavio Medina once he’s happy, more money will follow from the pay cut.
@Ya Mish There are many people with a prestige career who are happy. Nobody should ever look at someone in a situation like this and say to themself "see, it's too stressful and that's why I don't want to go to school because it wouldn't be worth it". It's always worth it, IF that's what you truly want. Loans shouldn't be the reason people are not wanting to go to school because education is a wonderful thing to have but just as Dave says "don't overpay for a degree that is not going to ROI". That's when the dream you had becomes a nightmare that you can't seem to wake up from cause at that point you're drowning. This man knew what he wanted which was to be in Law, maybe not to be in the position he's in at the moment but that's also a prime example of why you should "do what you want with your life, not what others want with it". Sure he took a high paying position earning six figures but as a result he did what others thought may be a good idea instead of following what he wanted to do. $200,000/year down to $80,000 is a large decrease in pay & some would call it crazy but what's the money worth if you aren't happy? Sure he's a smart man and he seems to have a plan and just needed some guidance, when you have a plan you don't feel stuck. In any career you choose to follow you must always find a balance to avoid burnout, he's miserable not due to the loans but because he's not doing what he wants.
@@RichestYouTomSweeney I agree
Purpose is the key, not happiness. You want to be happy with your job you could easily wind up doing something that fulfills no purpose at all.
Money can't buy happiness, but it's a lot more comfortable to cry in a Mercedes than on a bicycle.
Agreed Dave...he should at least wait until he's debt free to take a job of his choice 👍
Did you read the comment? It said he agrees with Dave. Idiot.
I say pay debt ASAP! And get out. Those hours will kill you. 2 years is too long.
I like this caller, do what your heart tells you to, especially the fact that he wants justice to be served. Sounds like a blue collar guy in a white collar career.
Agree and Dave is making him feel guilty for wanting to leave a high-paying job for a lower paying job. It’s not always about the money sometimes you realize that you hate what you do and he brings you no joy
I know several people who graduated from law school, and practiced law for a while. Not one of them works in the field anymore. One guy I knew who had a good job as a corporate attorney in San Francisco was drinking himself to sleep every night by his late 20s. Money isn't everything.
We only go around once, enjoy it.
He should have never spent all those hours studying to be a lawyer if he is going to cry about it years later. Some people are just never satisfied.
Well said. People forget, or maybe we block it out
Don't quit until you pay off your debt & have a plan🤷
@AlaskanWhiskey Each day of working such a stressful job breaks down a person both physically, mentally, and even spiritually. I'm on the military wheel now and trust me, certain things can take a toll on one's health, quickly.
@@texan903 He's just beginning his career and lawyers typically work these type of hours. Not saying he should work there forever but long enough to pay off debt and have a nice savings. And when he does take a lower paying job with less stress, he has not right to complain about bills or how he feels he is entitled to more.
There is plenty of justice being a defense attorney. So many mistakes are made in law enforcement. I would know since I work in law enforcement.
Can make out from his voice how desperately he wants someone to tell him it would be okay to leave to have a better life for himself. The paradox is, what makes a better life
He just got out of college he hasn't worked a real job😂 he wants to go back to college where his parents pay for everything😂😂😂
@@JacobsNews Have you ever worked 80 hours a week?
@Lannie85 @Lannie85 I do refrigeration and AC repair in South Carolina on call 90 hours. if he worked with me for a week, he would be smiling every day with his Starbucks in his office job. But we have to remember he just came from college where he spent the last 8 years or more with spring break summer break fall break winter break. 🙃 mommy pays for everything. But he's so young that he doesn't realize that when he sees that 80k paycheck and he's working 90 hours for the prosecution office and even Dave knows that he'll be crying himself to sleep every night. Wait till he has to bring young girls to Grand Jury indictment to be interviewed by 20 plus strangers in the world doesn't even know these cases happen because they have to protect the identity of the child
@@Lannie85 yes I do refrigeration repair if he works with me for a week he would be smiling every day with his Starbucks in his office job
@JacobsNews I don't think so. 🤔 Your job may be hard but it's not harder. The stress that comes with his job is insurmountable. Trust me I know. I work 80 hrs a week sometimes and it is hard. It sucks. You can't breathe because the stress is too much to endure.
I’d work there and pay off the debt and buy a house in cash then move to the dream job
Jarrett Pierce depends where in California, the areas with high paying jobs are over 1million for a dump.
Instead of buying the house in cash, he could get five rental townhouse properties making $950 profit a month each.
@@charlesg7926 Who is going to manage all 5 properties while working 40-80hrs a week? You need to hire a property manager which would be $$$ for 5 properties.
@@Bonanzoo No it wouldn't, all it would do is eat into his cash flow, so 6-10% return instead of 8-12%.
@@blockaderunner No it wouldn't? What are specifically disagreeing about. I am confused. I am simply stating that it will cost $ to manage multiple properties. When did I ever involve numbers?
You will never see a man's tombstone read: "I wish I would have worked more overtime"
Im 30 and i can retire . Live below you're needs dont buy a depreciation automobile dont have kids with wrong women
Lol dont have kids with wrong women 😂😂😂😂😂
Don't buy a depreciating house.
@rvidal0001 make a lot, invest alot and spend very little, easy
@rvidal0001 well you need passive income, not too late to start
What do you do? I'm heading back to the US in sept and i will need a job
Ramsey, "That was Not the Question", He is a True Lawyer, Evading the Questions, lol.
Well I think that's the paradox most people find themselves in. They want another life but aren't really sure of the reasons why.
@@Brandon-nz7pd Many times quality of life is everything. My career has afforded me with grand opportunities; I've travelled to Germany, France, Spain, Holland, Poland, Greece, Italy, Bulgaria, have lived in England and Belgium. By one standard, people might say I'm blessed. I am. On the other hand, people might say I'm miserable as I have lost romantic relationships, enjoyed decreased quality of friendships, rarely see and communicate with family, though I've relocated nearer. It's all about perspective and what our needs are out of life.
@texan903 that's really cool I've always wanted a job where I can see the world and travel. Can I ask what is it you do?
I'm a court interpreter and yes these prosecutors make around 100k. Less than a firm. But let me tell you something, the amount of downtime that they have (me as well) is excessive. It is a lot less mental stress and more time sitting around doing nothing. There are always exceptions but for the most part, it is great.
I was wondering do court interpreters make a decent living? Is the certification test hard?
Yes, my base pay is 84k annual. Besides that, because of all this downtime at the courts, I translate documents and make an extra 10-15k a year. Certification test is hard, but just don't give up. Many people don't pass BAR exam, interpreters for the most part can't expect to pass the first time. Totally worth it. You can freelance and make over 100k a year, easy. Many options are available after becoming certified.
@@ivanroque7171 Did you goto school for the certification? Or just study and take the test? How do you have a whole bunch of downtime if you work FT?
I went to school and took the test, law library helped as well. Because we are kind of like firefighters. We wait around for fires (Spanish cases). We are paid for our availability more than the amount of things we interpret. While at work waiting, I take my computer out and translate documents.
The stress level at those big firms is difficult to manage. Constantly hustling to get those billable hours. It's only worth it if you can get on the partner track, where the real money is.
Pay off the debt, buy a car and house cash then go down in salary.
I don’t know if I’ll ever get up to making $80,000 a year so to me both options sound awesome, but I think Dave is right. There are a lot of paths in the field of law and he’s definitely got time to make connections and explore a more balanced path that can satisfy all sides of the equation.
I know what you're going through. I grinded it for ten years at a soul crushing job. It almost killed me. Try to make it for three years and leave. Money isn't everything.
what are you doing now?
I was a self employed farmer during the 70-80’s. Loved every minute of it but the 24/7 hours were getting hard as well as strain it was putting on my marriage because I spent all of my time in the barn. Eventually I sold out and took a job with the gov fish and wildlife which meant a 50% cut in income but I loved every minute of that too and was free after 4.00pm every single day. Now I’m retired and looking back, taking that job was the best decision of my life.
You had a farm to sell he does not. He needs to build his farm and could do it with a 5 years in the job.
bighand69 No, I did not. I did not come from a farm family and rented an old dairy farm. I sold my herd yes... but if you think farming is lucrative you are wrong. But working for certain gov institutions is even less lucrative... But I do agree that you have a point. I’d stay and save as long as possible too.
I'm self employed too and when I'm working hard, making good money, but not satisfied and ask myself what I want to do when I am done with this that will truly make me happy; The answer is that I want to be working outdoors in some capacity , feeling like I am useful to the community, and fish and wildlife sounds like something I'd be interested in. Maybe I'll be there some day.
I can't imagine working two full-time jobs. That's the equivalent of what he's doing. He probably has barely any time to breathe. He probably called in on his lunch break.
Haha
Wondering if he even has a lunch break of any kind ??
@@gardenofe12 "work while you eat" is what they told me when I worked in fast food and I imagine that's how they were treating him lol
Biglaw is like that, you pretty much sell your soul to them..
An ex corporate lawyer here, yeah there's definitely no such thing as a 'lunch break'. You don't even have a dinner break. You eat lunch and dinner at your desk while working.
I would pay off the debt in a year and then go somewhere else, or demand fewer hours at my current job for a pay cut. I could live the life of my dreams on 80k a year with no debt! There is so much more to life than money.
This caller is a good man I would want him as my lawyer
Since watching Dave I've learned that 200K salaries are way more common than I thought. 🤔
Not jealous, just an observation that I'm old and behind the times. 🤷♀️
windsongshf this is also California, probably in SoCal, where the income is basically double due to the cost of living
California cost of living is high with super expensive housing and taxes.
It's high, but not astronomically high. Born and raised in Southern California. I make half of what he makes and live very comfortably. 200k will give me a life to splurge in SoCal.
K G true, but there’s no doubt that $200k in SoCal is not equal to $200K in Kansas City or Dallas. $200k in SoCal is basically $140k in Texas, which is still very good.
Well these are the people who call. I really doubt that this is the norm
Once he said California I understood everything
That $200k salary is like a $100k salary in a reasonable city.
200k in SoCal is basically 70k in Houston.
@G Up idiot
Collins what states do you prefer?
timmd909 bus driver in San Francisco make 120k a year with benefits
Having a higher salary doesn’t guarantee a better quality of life, for you or your family. If the only thing your family gets from you is a paycheck, what kind of a relationship will you have with them 5, 10, and 30 years down the road? They don’t just need your money, they need you.
People who say money isn’t everything are people that have never truly needed it. In this country today... it is everything.
TouchéPadre I say money isn’t everything and I didn’t have it. I have earned every penny and I am here to say it isn’t everything.
until 3 mil, you don't have enough, but a 100 millionaire I know says 6 mil and he also says that inflation is at 6% not at 2 or 3 like "they say."
Yes the struggle can be harder for some than others but I'll tell you after blowing 100K in less than 12 months, money isn't everything.
I say that because when all your needs are covered the things you buy or spend your money on oftentimes brings a sense of fleeing satisfaction. Yes experiences make it that much better but despite being fortunate enough to have a good paying job, it's the small things in life that bring me more fulfillment: wood in the fireplace, quality family time, low price entrees to cook, being outside and honing my survival skills.
Money is just a tool. It enables you to be more of who you really are. If you're bad with money and you get more money, you're still going to be terrible with it. If you live a simplified life, save and invest, you'll grow a sizable nest egg that will offer you freedom and choice to do whatever and whenever you want.
@@mhaskins3769 it isn’t everything? What else is going to send your kids to the college of their choice and keep them out of debt and buy them nice reliable cars to get there? What else is going to buy your wife nice jewelry and take your family out to nice dinners every weekend? I can promise you simply enjoying your job won’t pay for any of these things.
@@johnmartin4641health is also an important factor that you're not adding in.
A lot of people have health issues from their jobs when they prolong working too hard, be it physical or mental. It costs money, but most importantly your life.
Having kids is your choice, but enough is not the same as luxury. You can provide them with enough money, maybe not much luxuries, from a normal job without working yourself to death.
Work for 10 years, invest and retire and get a normal job
nah making 200k if he invests as much of that as he can, like 150+ he could retire in 10 years
He could retire in 5 years.
@@mugiwara9507 well that is off investments with how young he is he would need to work at least 10 years
My goal is to work a high paying job for 2 decades, invest, and buy property so I can retire early. I’d rather live frugally my whole life than work till I’m 70
I respect his sense of values and realizing that money isn’t everything when you’re not happy. This work schedule will eventually take its toll. I’d stay long enough to pay the loan and save a nice little nest egg, and I’d be out. Everyone’s path to happiness and fulfillment doesn’t always look the same. He could always teach a class or pick up a side job if he wants some extra income.
JUST SAVE UP AND GET SOME RENTAL PROPERTIES UP AND RUNNING AND YOU CAN QUIT!!
He can quit and become a property manager?
Bingo...
Yeah, and if he gets any deadbeats who don't pay rent, he'll know how to evict them fast and furiously.
@@harrisonwintergreen1147more like real estate investing. A lot of folks get rich solely off owning real estate instead of slaving away at a job.
@@harrisonwintergreen1147 no you become a real estate investor and pay a property manager
I know a Harvard graduate lawyer that is now a CEO of a company. So many options for paths to success and life balance.
Time is the most valuable asset in our lives. 🙌🏽
Yup
I'm glad to hear this topic. We all want money but it's what you have to do to get it that messes with you.
High paying jobs can equal long hours even after work and working on the weekends
They usually have no life outside of being married to work. It’s a sacrifice ready to be made.
Which basically means they are not all high paying. The real question should be how much someone is making per hour. 🤷♀️ any other comparison depends on quality of life choices and personal preference
@Heinrich Himmler are you 100% sure you wont get sick and die? what if you die to tomorrow and didn't really live.
I dated a girl while she was in law school and then while she was working in big law. Never saw her, we ended our 4 year relationship about a year into her career. "
Shes still single, but probably has a lot of money. I don't have the balls to ask her if it was worth it haha.
I have a relative who used to work as a lawyer. He made alot of money and lived very frugal, so he saved up and opened up a restaurant, which was ultimately his dream.
@@karimzakaria9621 yup he is smart asf!
But do you have the guts to ask her out again?
Defense lawyers are heroes.
This misguided lawyer should defend people against the massive force of police, DA office, judges etc.
Who always line up against the individual.
Ask a wrongly convicted person - there are many.
@Bird Dawg then go become a defense attorney.
when you dont love the game it takes toll on you mental health i worked at a job payed good but hated it now work alittle less but love what i do which people look at me crazy for but i rather be happy then miseriable in life by the way i live by needs and not all wants im not a materlistic person i love nice things but i just to look at it ,its not to die for
Do what you love with responsibility
Prosecutor to avoid stress? Did I hear that right?
I’ll pretty to chill to pile on ridiculous charges on people until they squeal and you get them to sign your plea deal. Guilty or not...
Lololo! That whole call confused me. You went to law school and actually landed a great job, but now he’s confused. At what point did he expect it to be a breeze?
Hiram Bright this mega firms make associates work a ridiculous amount of hours 80-100 hrs a week is the norm. Public prosecutors don’t work that much.
if he has a big trial, he'll be prepping on Sundays.
He’s confused. He feels as though justice only exists on the prosecutor side
This is one end if the curve for law school grads - the one for which law school is a good financial investment. A lot of new lawyers graduate every year from less reputable schools and end up trying to pay off 100k in loans on a 60k salary. Becoming an attorney isn't an easy road to riches.
I know I'm super late to this video, but caller - in case you see this, please feel free to reach out to me :). I did the big law thing too and understand exactly what you're going through.
Hey Erica. I watch your channel
Did he ever "reach out?" Doubtful, but worth asking.
Is this Erika ? The Erika we all know ?
Leave it if you don’t like, life is too short
It doesn’t matter if you have or might have a family in the future. People owe it to their future wife and kids to provide the best life possible for them. It doesn’t matter if you actually enjoy it if you’re not single forever, all that matters is if it provides the best life life possible for your family. The problem with people today is that some of them are selfish and don’t think about their future family/dependents and don’t plan for the future and how their choices will impact them, they only think about themselves in the present moment which is why millennials are the poorest generation and claim they “can’t afford to have a family”. That’s the result of telling an entire generation to “follow their dreams” and ignore whether their dream (major and/or job) can support a good life for their future family.
Early years in the career are the toughest, so hang in there until you pay your dept and get some experience. It pays to have the sacrifices earlier rather than later in life
Man I am not loving this take from Dave. Even economics acknowledges the value of things besides money, like time and even leisure. If the guy is prioritizing paying debt, and is willing to get himself debt free first, he is fine.
Dave can tell he's a child that just got out of college🎉 most likely from a rich family🎉 and Dave knows he just wants to go back to his parents taking care of him🎉
This felt like one of those conversations that would benefit a lot from being in person. More than most. Because a lot of the importance of the decision making was not about logical structures information and steps but rather his personal opinions on the two jobs and how he feels about it all.
My friend I've heard many attorneys describe absence of justice in the American justice system. Wouldn't throw away 200k for throwing people in jail.
Wow, Mr. Ramsey REALLY LISTENS to the caller, he isn't in a rush to give some quick remedy, he listens, consults, asks and responds ❤
LIFE IS SHORT! For pete's sake do something you ENJOY! Wish I had the smarts that Steve has - well done sir, you're on the right track.
It doesn’t matter if you have or might have a family in the future. People owe it to their future wife and kids to provide the best life possible for them. It doesn’t matter if you actually enjoy it if you’re not single forever, all that matters is if it provides the best life life possible for your family. The problem with people today is that some of them are selfish and don’t think about their future family/dependents and don’t plan for the future and how their choices will impact them, they only think about themselves in the present moment which is why millennials are the poorest generation and claim they “can’t afford to have a family”. That’s the result of telling an entire generation to “follow their dreams” and ignore whether their dream (major and/or job) can support a good life for their future family.
I never could be a lawyer. I went to the oilfield during the 2012-2015 shale boom and cashed out to a 40 hr a week engineering office job.
Ah the Paradox of life...making a lot of money and have no life. That’s usually how it goes sometimes... more money more problems. We give up time for money
Another avenue he could pursue would be to grind it out for say 6-8 years. Live frugally during that time and save/invest $600K. My assumption is that he’s in his late 20’s, so let’s say he’s 28 years old. Walk away at 35 with his retirement already accounted for. Go to the 100k/year job and just live within his means on that job for another 20-25 years. I actually understand his situation because I was miserable in my career when I was young. I didn’t get my career job until I was 37 years old, and I love my job now. Being miserable in your career will take years off your life.
Next video “I make 400 billion and Im broke!!”
...sell the car!
- Elon Musk
Cami Harland hahaha
@@AryaRealty pizza delivery
😂
Leaving the 80 hr week NYC legal grind was the best thing I ever did. I am out of law completely, have a life, and still make six figures a year. It's not worth trading your life and health for money.
Can u expand on this? Because I am thinking of applying to law school.
@@nryanmusic You can make 40k/yrs as a lawyer or not get a job at all. There are too many lawyers and having a pulse and money will get someone into law school. You need to be at the absolute top of your game to get a big law job in a major city, FYI.
Pay the debt off in full, save a sizable emergency fund and quit that job to have the peace of mind to pursue the career you desire
Dave very well knows that little to no justice gets done in a state prosecutors office and doesn’t want this kid to find this out the hard way 😂
For a lawyer he doesn't argue his case very well!
Still not sure why he wants to become a prosecuter.
Shows your listening skills are not as great as you would like to believe. He actually does mention why he wants to be a prosecutor.
He rung for advice not to convince ramsey of his dreams. He is clearly not sure what he wants
@@placebo11000 True. I never thought of it that way
I would recommend 6 years.
Why. ????
1. Pay off debt.
2. Experience
3. Network development.
4. Savings
5. Make enough for a decent down payment for a house.
Dave is blinded by dollars. He can't see that this situation is killing this man. He doesn't want it. Just tell him to pay the 80+K, save a couple hundred thousand and move on!
Did you watch the whole video? Asking probing questions to get the guy really thinking whether this is a good move is not “blinded by dollars”. Also news flash, this is a UA-cam channel about getting out of debt lol
In case you didn’t watch the whole vid, check out 4:55 where Dave clearly says he understands it’s not worth making $200k-$250k burnt out with a suffered marriage.
@@mrcuboid You know I watched it in its entirety. You know it.
I agree. Jobs like that you have no life. You are highly paid for a reason.
Dave didn’t actually tell him to do anything different than he was already planing to do, he just gave him tools to work with to decide better how and when to make the call.
He said he appreciated the nobility of the call to serve on the side of justice so I would disagree that he is blinded by money.
Good for him. We need ambitious young talent on the side of justice.
The problem with these big law jobs is not just the 80 hour work weeks. Your work assignments are constantly increasing in complexity and intensity, so many never acclimate. Sticking it out for a few more years may not be feasible for him.
And that's why the public loses the best of the best. Because the salary is just ridiculous
Exactly. So the best talent (or those can't afford to pay their education outright) choose to take higher paying jobs if they want to actually make enough money to live and pay their loans etc. and the public sector loses
He should stay for 2-4 years to gain work experience for his resume. Leaving really early will look bad to other companies but leaving too late you will look like you’ve stagnated.
I'm an otr truck driver we work 80 hours a week all the time and don't see nowhere near 200k yet our job is in the top 3 most important. Without us nobody has food or anything.
Well that's life man. Unfortunately the ability to fight over money and win is a high value skill. Everybody gets paid less than what they bring in and less than what it would cost to get the next guy to do it. Also they'll squeeze you for hours cos you need the money, which lowers the unit labor cost. Ironically the less you pay someone the better this works.
How do you know you've made it? When a lawyer asks for your advice. Haha
Best Dave Ramsey show I've seen. A lot of ppl here saying "go get your dream job." A lot of lawyers that go to top law schools and want to do litigation think there's two options: big law or federal prosecutors. And despite what they tell themselves, they are mainly driven by prestige. Now perhaps this guy is genuinely driven by the idea of "justice," but I can almost certainly guarantee that he has never sat down and really thought about other opportunities like opening his own boutique; 1) Lawyers are risk-averse and 2) law schools only ever talk about "prestigious" exit opportunities - not forms of law that are "beneath you" like private defense attorneys. Ramsey isn't saying don't be a federal prosecutor making 80k. Ramsey is rightly saying broaden your mind and think about whether there are other opportunities out there that would satisfy both your financial and personal interests -- you don't necessarily have to choose between the two.
I gave up this life only make 35k a year - that’s it/ I’m much happier- what made me change ? A heart attack - My wife and my children. Money is not the most important thing in this life- because that’s all it is - paper.
I got let go unexpectedly from a job that had started to become very tedious. It was such a relief and bittersweet at the same time because of the flexibility and money. I still talk to an ex coworker and I'm not very envious of what she's dealing with
I got my PhD in gender studies and the only job that offered me was the sonic drive thru 😢
I understand I got a degree in animation and I make well below poverty level
80-100k is still good, stay in that high paying job until you pay that debt, save money and then leave.
I live in a low cost state compared to California and most of the country and that income range isn’t sh*t here unless you plan on staying single with no kids your entire life, which means it’s practically nothing in California.
I knew 2 people myself that were Lawyers and they quit because they were always working just like this guy... after hearing this Ill never be a lawyer lol
It really depends on the area of law and the firm culture. I'm a defense attorney and barely do 40hrs a week. Now there are times when I'm sitting on the couch doing research on a case at night, but I'm not counting that time.
At these really big law firms, they expect you to work 80+ hours, but there's starting to be a shift away from that. If I'm in court from 8am-12pm, due to the mental exertion, I'm usually no good for the rest of the day, so I just go home.
I’m in plaintiffs personal injury as a first year making 80k. It’s 9-5 and my future earning potential is enormous. Plus, I enjoy the work for the most part. People who act like it’s big law or bust don’t really understand the field.
I'm kind of in the same boat as well. I've recently been thinking about quitting my job to pursue my passion.
whats your passion?
That’s the definition that money don’t buy happiness TD jakes said I would hate to die and never do the things I was born to do
Two years ago that would take some discussion. Nowadays it's pretty standard to want to avoid burnout.
As a former prosecutor, I would tell this guy to pay off his debt before leaving the big firm. Its easy to live on $80k when your only payment is a mortgage, but it is considerably harder with student loan payments.
cadavison great advice
He already said he's going to stay for 2 years to pay off the debt
Money is not everything. Do what you love and you will make more money.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@BrandonIvan-c6e However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
@@Lourd-Bab Oh please I’d love that. Thanks!
@@BrandonIvan-c6e Clementina Abate Russo is her name
Lookup with her name on the webpage.
Depressing life vs a life where you can actually build yourself and become the best version of yourself is really a no brainer
It doesn’t matter if you have or might have a family in the future. People owe it to their future wife and kids to provide the best life possible for them. It doesn’t matter if you actually enjoy it if you’re not single forever, all that matters is if it provides the best life life possible for your family. The problem with people today is that some of them are selfish and don’t think about their future family/dependents and don’t plan for the future and how their choices will impact them, they only think about themselves in the present moment which is why millennials are the poorest generation and claim they “can’t afford to have a family”. That’s the result of telling an entire generation to “follow their dreams” and ignore whether their dream (major and/or job) can support a good life for their future family.
Long time ago a wise man told me..."don't become a lawyer..."; he was right and I didn't listen...so I will repeat what was said...DON'T BECOME A LAWYER...become something useful to society...
No one likes lawyers until they need one.
@@AJB_313 even then nobody likes them 😂😂😂
@@JohnDoe-gc1kt
I am sure the innocent who have been exonerated love their lawyers.
@@bighands69 yeah but its lawyers who put them behind bars
@@AJB_313 lawyers have created the huge need for lawyers. The law is so convoluted that there's little other option. It's the ultimate kingdom building.
Sounds like rock solid good advice to me . This is why Dave is the best in the business 😊
The guy on the phone is right minded in general - he will have a nice life I bet if he can get where he wants to go (including getting out of debt) - also get out of California.
I'm in same position...live in CA and make over 200k but hate my job and the long hours. Except I'm almost 20 years older than this caller and have a family to support so I'm stuck...and it sucks.
80 hour work week yielding 200k is like 120k plus OT, he’s essentially asking if Dave thinks it’s ok to not work OT.
Clear off the debt first, invest in some assets and when it starts making steady stable money leave. Not before all of that.
Posting this from Los Angeles, CA; I am a new listener. My cousin in Houston bent my ear in this financial media direction. The most important thing first, God bless. It is a pleasure enjoying good faith from abroad in TN. Thank you for this whole production. It is absolutely wonderful. I look forward to the good that comes. Thank you. -Ingles, Los Angeles 10/19/19
I'm in a similar position passion-wise. I work in a government position. I saw a career counselor and she confirmed that I could be a higher-level analyst. The problem is, I don't have the passion of being that kind of analyst. An