What do you do that you earn six figures?

r/financialindependence • u/fidgit86 • Aug 13 '21

It seems like a lot of people make a lot of money and it seems like I’m missing out on something. So those of you that do, whats your occupation that pays so well?

15k Upvotes

90% Upvoted

View all comments

647

u/danxthexman 32M / 68% SR Aug 13 '21

Accounting

23

u/ScaredBorderCollie Aug 13 '21

Yup. Public for me.

4

u/wannabecpa93 Aug 13 '21

How long have you been in public? I left for industry last year and it has been a game changer.

4

u/Momoselfie Aug 13 '21

Same pay, fewer hours. Best change ever. I wouldn't stay in public unless I was fairly certain I'd make partner one day.

4

u/wannabecpa93 Aug 13 '21

I agree, I’d still rather be a CFO at a shitty mid-size company and make the same amount as a partner at B4 most of the time.

3

u/Momoselfie Aug 13 '21

Yeah our partners didn't have lives outside of work. It was obvious they were the type who preferred to be at work instead of home, which isn't me at all.

1

u/neaux2135 31 M - SR = 46% Aug 13 '21

Mid-market CFOs certainly don't make as much as B4 partners. Not even close, but I would much rather said CFO positions.

1

u/MinskyMomentum Aug 13 '21

Plenty do (and some substantially more) especially when you consider profits interest/equity grants. To your point, the median mid market CFO likely does make less.

1

u/MinskyMomentum Aug 13 '21

This is the way. Although if you’re at a “shitty” middle market private business, you probably won’t make as much as a b4 partner. Lots of mid market CFOs do though - there is a high pay variance based on skill set, role definition, company trajectory, etc.

3

u/ScaredBorderCollie Aug 13 '21

I'm definitely nowhere near big 4, and am on what I'd call an extended partner track, self imposed while my kids are little. I'll ramp up later. Or maybe not. I'm extremely happy now, and have a ton of autonomy. I reassess every year and regularly interview elsewhere but tbh I couldn't find the same flexibility and freedom I enjoy now.

1

u/wannabecpa93 Aug 13 '21

That’s awesome! Small firm? I worked at a small firm before I worked at B4 and I really liked the dynamics. It just sucked there was a mass exodus and it made the workload essentially same as B4 which is why I switched.