Trudy, help me out here

Monello

Monello

Smarter than the average bear
PREMO Member
I know 1 of your beefs is your generation's inability to earn a living. What do you think needs to change for this to improve?

FWIW way back in 1975 I was getting $2 per hour under the table to be part of a tree service business' ground crew. Work all day Saturday for $16. But it was a good start as I learned to manage my working career. 5 years later I was out on my own earning 6 something per hour working in a casino in Atlantic City. I took a severe pay cut to go in the Navy. But it's not always about the money. Retired 21 years ago and the monthly checks keep coming in, so in hind sight the pay cut was a good trade off.
 
black dog

black dog

Free America
Monello said:
I know 1 of your beefs is your generation's inability to earn a living. What do you think needs to change for this to improve?

FWIW way back in 1975 I was getting $2 per hour under the table to be part of a tree service business' ground crew. Work all day Saturday for $16. But it was a good start as I learned to manage my working career. 5 years later I was out on my own earning 6 something per hour working in a casino in Atlantic City. I took a severe pay cut to go in the Navy. But it's not always about the money. Retired 21 years ago and the monthly checks keep coming in, so in hind sight the pay cut was a good trade off.
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Your Old......







I went to work in 73 in Bethesda at Community Paint & Hardware. Two of my guncles owned it, I made 1.65 an hour loading and unloading feed and Sac-Crete products. I lived large lol
In HS 73-76 I mounted tires at Eds Tire Mounting Service on Neble st in Rockville, we split a percentage of the weekly shop gross. It was part of the NTW family. Back then all NTW's had a Eds next door or close by.
I made more money working about 30 hours in HS than my father made.
 
Auntie Biache'

Auntie Biache'

Well-Known Member
There is always a job for someone who wants to work. I've worked some crap jobs in my lifetime, but I've worked consistently since I was 15 yo.
 
Gilligan

Gilligan

#*! boat!
PREMO Member
I was paid exactly 1.00/hour when I left the dairy (+ grain and hay) farm and jumped to a whopping $3.00/hour as a landscape nursery laborer in 1975. High cotton...
 
Chris0nllyn

Chris0nllyn

Well-Known Member
Gilligan said:
I was paid exactly 1.00/hour when I left the dairy (+ grain and hay) farm and jumped to a whopping $3.00/hour as a landscape nursery laborer in 1975. High cotton...
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$3/hr in 1975 is about $14.35/hr now. Not too bad for a nursery laborer. When I was one, my 2019 equivalent wage was $7.58/hr.

How much did your first house cost? How about your schooling?
 
Gilligan

Gilligan

#*! boat!
PREMO Member
Chris0nllyn said:
Gotcha.

You guys can go back to saying how hard it was.
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Me and my sister shared a pair of shoes. Hadda walk five miles to school, up hill each way, except for this one flat stretch..
142625
 
Monello

Monello

Smarter than the average bear
PREMO Member
Chris0nllyn said:
How much did your first house cost?
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My first real estate deal in 1982 came with a 16% mortgage. Based on today's low single digit mortgages, you could argue that a real estate purchase today is much more inexpensive than in years past. So that would be a disadvantage in the 1980s when compared to today's situation.
 
black dog

black dog

Free America
Chris0nllyn said:
I'm sure.

How much did your first house cost? How about your schooling?
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I didn't go to college, I enlisted.
My first home was in 79-80 in Gaithersburg in Hunters Woods, two story colonial with a family room and a attached two car.
It was 115,000 at 17%
 
Gilligan

Gilligan

#*! boat!
PREMO Member
black dog said:
I didn't go to college, I enlisted.
My first home was in 79-80 in Gaithersburg in Hunters Woods, two story colonial with a family room and a attached two car.
It was 115,000 at 17%
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Those insanely high interest rates were the reason I almost went bust with my first company....I owned and operated a landscape and pool construction company out of Marriottsville MD and we kicked major butt in '78 and '79. Then came the Carter years and interest went sky high..and guess what?..most of our pool/sauna/patio/fountain/planting/etc etc fancy expensive projects in Bethesda, Potomac and the like were financed with second mortgages. Our business dried up overnight almost. Fortunately a more financially sound fella that wanted me to run his company stepped in and bought my debt and equipment just before I tanked. Close call....too close.
 
Ken King

Ken King

A little rusty but not crusty
PREMO Member
Trudy, help me out here

Hey Monello, who is Trudy? Did you mean Truby20?
 
Gilligan

Gilligan

#*! boat!
PREMO Member
I know one thing fer sure...I wish I could take back what I paid to buy Swann's in 1995. ;-p Had always wanted a waterfront marina/hotel/bar/restaurant/store/cottages. Until I actually owned one..... :doh:

Had some good times though..and met some amazing people along the way.
 
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