Premium Essay

Frustrated at Age 30

In:

Submitted By tuanngo19
Words 748
Pages 3
Frustrated at age 30
Bob Wood is 30. But if you listened to him, you'd think he was 60 and washed-up. "I graduated college at a great time. It was 1996. I started as an analyst for Accenture, worked as a health-care IT consultant for two other firms, and then became chief technology officer at Claimshop.com, a medical claims processor." By 2001, Bob was making $80,000 a year plus bonus, driving an expensive European sports car, and optimistic about his future. But Bob Wood has become a statistic. He's one of 40 million Americans born between 1966 and 1975 whose peak earnings may be behind them. Bob now makes $44,000 as a technology analyst at a hospital and is trying to adjust to the fact that the go-go years of the late-1990s are history.
Like many of his generation, Bob is mired in debt. He owes $23,000 on his college loans and has run up more than $4,500 on his credit cards. He faces a world very different from the one his father found when he graduated college in the early 1960s.
"The rules have changed. And we Generations Xers are getting hit hard. We had to go to college to get a decent job. But the majority of us graduated with high student debt. The good news was, when we graduated, the job market was great. I got a $5,000 hiring bonus on my first job! The competition by employers for good people drove salaries up. When I was 28, I was making more money than my dad, who had been with the same company for over 20 years. But my dad has job security. And he has a nice retirement plan that will pay him a guaranteed pension when he turns 58. Now look at me. I don't know if I'll ever make $80 thou again. If I do, it'll be in 20 or more years. I have no job security. I'm paying $350 a month on my college loans. I'm paying another $250 a month on my credit card account. I've got 30 more payments on my BMW. And my girlfriend says it's time for us to settle down and

Similar Documents

Premium Essay

Fustrated at 30 [Question Paper]

...FRUSTRATED AT AGE 30 Bob Wood is 30. But if you listened to him, you'd think he was 60 and washed-up. "I graduated college at a great time. It was 1996. I started as an analyst for Accenture, worked as a health-care IT consultant for two other firms, and then became chief technology officer at Claimshop.com, a medical claims processor." By 2001, Bob was making $80,000 a year plus bonus, driving an expensive European sports car, and optimistic about his future. But Bob Wood has become a statistic. He's one of 40 million Americans born between 1966 and 1975 whose peak earnings may be behind them. Bob now makes $44,000 as a technology analyst at a hospital and is trying to adjust to the fact that the go-go years of the late-1990s are history. Like many of his generation, Bob is mired in debt. He owes $23,000 on his college loans and has run up more than $4,500 on his credit cards. He faces a world very different from the one his father found when he graduated college in the early 1960s. "The rules have changed. And we Generations Xers are getting hit hard. We had to go to college to get a decent job. But the majority of us graduated with high student debt. The good news was, when we graduated, the job market was great. I got a $5,000 hiring bonus on my first job! The competition by employers for good people drove salaries up. When I was 28, I was making more money than my dad, who had been with the same company for over 20 years. But my dad has job security. And he has a nice...

Words: 559 - Pages: 3

Free Essay

Group Work Intervention for Children with Autism

...lives ½ an hour away and, he has a new born with his partner Olivia. Pat’s side of the family live in Clare. His father passed away 7 years ago however, his mother is still alive and, lives with his sister Jessica her husband and, their 5 children in Clare.What has happened to this person? What is their present story?Lucy showed signs of delayed development since the age of 12 months, i.e no words at 18 months. She was noticeably disinterested in interacting with her siblings, cousins, family and peers and, was unmotivated to explore her environment.She was obsessed with eating organic non-food items (8 months) such as clay and sticks, Lucy would have severe tantrums and, proved to have difficulties with transitions. She lacked a comprehension about rules and consequences from an early age and, her behaviour was unpredictable. Is there anything in child’s past history that has relevance to this?Other parents assured Joan that Lucy would start talking when she was ready to do so. However, from 30 months both Joan and Pat along with friends who were parents suspected that developmentally Lucy wasn’t typical for her age in terms of speech, communication and play. Initially Joan and Pat thought it was a speech and language or communication difficulty.Lucy was brought to their GP at 24 months whereby concerns were expressed about her unusual eating habits and also her lack of verbal communication and social interaction. She was...

Words: 2405 - Pages: 10

Premium Essay

Sherman Alexie Diary of Part Time Indian Analysis

...man he wants to become. At the beginning of the novel he seems frustrated because he is told he must do as the others on the reservation and he seems to feel mistreated when he does exactly like the youth on the reservation. By the end of the story he seems to change his outlook and goes through a realization of reality and he seems to feel more hopeful that he isn’t the only one who isn’t perfect in this crazy and vast world.                 When he is in school upon the res he feels like there no way to get very far. He states that all the hope is with the white people. So he decided to change school after getting in trouble in the reservation math class for throwing a 30 year old math text book at the teacher. The teacher later talks to junior and gives him hope to see he can do better and the teacher believes he will but he needs to take advantage of all the resources her can. In that he finds himself looking into going to Reardon junior high school. Reardon is an all-white junior high which junior views as perfect. Though upon entering this school he comes to realize that’s not all true. He notices that the problems found on the reservation are also found off the reservation within this all white school which he though was perfect. That idea that something is perfect is almost a very naive idea of things in life and I feel that he sees at that point in life that the perspective on life changes.  A coming of age novel is so diverse in its issues and when Jr. is young he seems...

Words: 556 - Pages: 3

Free Essay

Academic Performace

...randomly selected thirty (30) student assistants from the College of Education. who worked in school year 2011 - 2012. The main objective of the paper is to present the relationship between the academic performance of the respondents and their level of physical and emotional stress. Spefically, this paper aimed to present the following: I. Profile of the Respondents Table 1.1 Frequency Distribution of the Respondents in terms of their Gender Gender|Frequency|Percentage| Female|25|83.33| Male|5|16.67| Total|30|100| Table 1.1 presents the frequency distribution of the respondents in terms of their gender. Based on the result, twenty five (25) which comprises 83.33% of the respondents were female and five (5) or 16.67% of them were male. The result indicates that majority of the respondents were female. This makes the researcher to affirm the fact that female were more inclined in teaching profession than male. Table 1.2 Frequency Distribution Of the Respondents in terms of their Age Age Intervals |Frequency|Percentage| 17 y/o - 18 y/o |3|10| 19 y/o - 20 y/o |12|40| 21 y/o and above|15|50| Total|30|100| Table 1.2 presents the frequency distribution of the respondents in terms of their age. Based on the results, fifteen (15) of the Student assistants or 50% of them were 21 years old and above. There were twelve (12) of them or 40% of the students aged between 19 years old to 20 years old while three (3) or 10% of them were belonged to age interval between 17 years...

Words: 2078 - Pages: 9

Premium Essay

Kelly in Japan

...saw was the issue of being a woman. With the Japanese culture, many Japanese men do not relate easily to women with authority. This presented a major problem with kelly as she was seen more as an "office lady" then the program manager of her start up internet services company. Her talent as a manager was being overlooked due to their culture. Women in Japan between the ages of 25-30 tend to leave the workplace to start families and may return eventually to a part-time job. Whereas the women in the United States accounted for a 51% workforce in high-paying management positions recorded in 2007. Japan is a highly masculine country. According to previous chapters, another culture clash was the fact that when the Japanese are confronted with a serious question or situation they tend to disregard the problem with either leaving the situation, lowering their heads and becoming quiet, or even leaving the room in a business meeting. This stems from Japan being a less assertive country and neutral in emotional orientation. This can make Japanese businessmen "hard to read". This was the reason Kelly became easily frustrated when her employees did not present the planned proposal. A business card to a Japanese businessman is a very prestigious thing. Kelly did not do enough research as a manager with a country she was entering into business with. Having disregarded her clients business card having all of his accomplishments along with profession and company he worked for was very disrespectful...

Words: 854 - Pages: 4

Premium Essay

Why Do We Need Captive Animals

...These animals are used to cold and icy temperatures and putting them in a place that is dry and humid is a cruel thing to do. As for animals that are taken away from their mothers at an early age, it is unjust and it is necessary for baby animals to be with their mothers for a certain amount of time until they are able to survive on their own. Animals also aren't given the proper nourishment they require and are confined to small cramped cages in which they cannot even walk about in. Animals also cannot defend themselves amongst other animals and are often denied vet care due to being poisoned from food thrown into their pens by visitors or being mauled by fellow frustrated animals. They aren't also taken care of in case of emergency. During natural disasters like floods, wildfires, and hurricanes, animals in zoos are often left without any help or ways to escape. For example, after Hurricane Katrina, most of the 10,000 aquatic animals at Audubon Aquarium of the Americas in New Orleans died after the power failed and employees were forced to leave. Most animals kept in captivity live shorter than animals free in the...

Words: 577 - Pages: 3

Premium Essay

Summary: The Process Of Gaining Schizophrenia

...of schizophrenia. Even if you obtain a few signs of schizophrenia, it might not mean you have schizophrenia. The main symptoms for schizophrenia are positive, negative, and cognitive. There are also symptoms for children, such as the change in friends or social isolation, difficulty at school, sleep problems, irritability, difficulty telling reality from fantasy (information on hallucinations and delusions), an increase in unusual thoughts, perceptions and suspicions or paranoia, and the odd manner of thinking and speaking. Schizophrenia usually comes around the ages of 16 and 30. The treatments for schizophrenia are still limited because of the unknown of the disorder. Treatments include antipsychotics, psychosocial treatments, and coordinated specialty care. The most effective treatment would be psychotherapy. Living the life of a schizophrenic can be very difficult and challenging. Most patients get really frustrated and angry at themselves because they can’t do simple tasks that other people ask of...

Words: 1308 - Pages: 6

Free Essay

Stable Money Markets

...Stable Money Makers - Alpaca Business Betty Parks, a 49 year old building code auditor, became frustrated as she watched her retirement investment in a 401K move in the wrong direction. Specifically, Betty lost approximately 50% of her investment in the 401K, she had planned to use for retirement. After three years of research, Betty decided to make an unconventional investment of $56,000 in tangible assets, the Alpacas. Fortunately for her, she had two new alpaca babies at the end of the first year. The market value of one show alpaca is averaged at $15,000. That equates to almost 26.79% return on her initial investment within one year. The alpaca market is stable, demand is high, and Betty has the assets to continue growth in the breeding business. Team B believes that Betty should make a capital improvement in purchasing two additional male and two additional female show quality Alpacas. Research reveals that alpacas, the llama look-alike, are easy to care for and require very low maintenance. Females become sexually mature between the ages of 12 to 18 months so purchasing ones that are at least twelve months old is key. Male alpacas become sexually active between 18 months and 3 years so purchasing two around 24 months would be ideal so the breeding could start whenever Betty wanted (Northwest Alpacas, 2014). The additional investment would be somewhere between $56,000 and $60,000 dollars for the additional four alpacas (two male and two female). With the additional...

Words: 556 - Pages: 3

Premium Essay

Child and Abuse and Who the Abusers Are

...while others are the apple of their parent’s eye. Why do parents who are supposed to love and protect their children, abuse them emotionally and physically? Many times children are abused because their parents are frustrated an venting their anger on the children. Children can also be abused when their parents are under the influence of drugs or alcohol. Under the influence, parents do not understand that they are doing especially if the child is standing between the parent and the substance they abuse, all they want is to acquire the substance that they are addicted to. (Saisan, Joanna 2012) If the parent has an anger management problem, depression, an anxiety disorder, bipolar disorder that also can be the cause of child abuse. (Joanna Saisan, 2012) Another reason that the parent would abuse their child is if the parent has a mental disability. Who are these people? What is their relationship to the child? The consequence of child abuse is very lasting. It can become a vicious cycle because many adults who were victims of child abuse, abuse their own children. In 2007, 899,000 children were confirmed to be victims of abuse or neglect. (U.S. Department of Health and Human Services, 2007) According to Child Maltreatment 2010 84.2% of the perpetrators were between the ages of 20 and 49, 45.2% of perpetrators were men and 53.6% were women. Also the race of the abuser was similar to the race of their victim, 20.0% of perpetrators were African-American, 19.0% of perpetrators were Hispanic...

Words: 1627 - Pages: 7

Premium Essay

Fas Paper

...A national survey once taken, reported that more than half of women ages 15-44 drank alcohol while pregnant. Of those, 66% reported drinking in the first trimester and 54% reported drinking in the third trimester. 1 in every 750 infants is born with symptoms of Fetal Alcohol Syndrome, while another 40,000 are born with Fetal Alcohol Effects also known as FAE. The research regarding FAS dates back to 1973. From 1973-1978, 245 cases of FAS were reported. The average cost to take care of a child with FAS is around 800,000. (Armstrong, Elizabeth M. Conceiving Risk, Bearing Responsibility: Fetal Alcohol Syndrome and the Diagnosis of Moral Disorder: Baltimore, MD: John Hopkins University, 2003.) Fetal Alcohol Syndrome is a mental and physical defect that a fetus can suffer in association with high levels of alcohol consumption during pregnancy. FAS was named in the United States in 1973 by two dysmorpholosgists, Dr. Kenneth Lyons Jones and Dr. David Weyhe Smith of the University of Washington Medical School in Seattle. The article identifying FAS was first published in 1973, in the British Medical Journal, The Lancet. The two doctors helped to define the morphological defects and developmental delays that can affect children born to alcoholic mothers. These observations include prenatal and postnatal deficiencies, facial abnormalities, and damage to the brain that can cause learning, behavior, and cognitive abnormalities. FAS occurs when a pregnant mother consumes alcohol. The...

Words: 2074 - Pages: 9

Premium Essay

Identity In Maxine Kumin's 'Woodchucks'

...Maxine Kumin’s “Woodchucks” is a genuinely shocking poem about a farmer or gardener who is rightfully irritated at these woodchucks, also known as groundhogs, that have invaded their garden. In the beginning of the poem, the speaker is trying to get rid of them in the most peaceful manner, while later on they become increasingly frustrated towards them and eventually plan to do anything in their power to get rid of these wild creatures. Throughout the poem, clues are given little by little about this speakers true identity. I have come to the conclusion that the speaker is a middle aged woman who may or may not be poor, but certainly views her garden as a necessity. As I did some research on this poem, I quickly found that Maxine Kumin, the...

Words: 590 - Pages: 3

Premium Essay

British Women In 1918 Essay

...How did British Women in 1918 gain the respect and recognition they deserved, and how did this lead to female suffrage? Congratulations to all the British women who are above the age of 30, women who are over 21 and own property or are married to owners. Last week, the Representation of the People Act became law, and nearly 9 million British women and all men aged 21 or above are now allowed to vote. For centuries women have been recognized as inferior to men as they weren’t “strong” or “skilled” enough. But, women believed that they should also have a say in parliament and government decisions by being allowed to vote. Just like men, women have to pay taxes and abide by the law. The fight for female suffrage in Britain began in 1866 when the first campaigns that supported women’s right to vote...

Words: 746 - Pages: 3

Premium Essay

Wic Pros And Cons

... for low income pregnant ,breastfeeding and non-breastfeeding postpartum women,as well as infants and children up to the age of five, who are at nutritional danger .To be eligible for WIC program individuals must meet certain requirements ,as well as going to thru a process.WIC program has benefited countless...

Words: 711 - Pages: 3

Free Essay

Life Cycle Paper

...when the individual grows. There are 9 to 12 stages of the life cycle if you include pre-birth and child birth, the first stages of the human cycle is when you are an infant ranging from the ages birth to one year old, after passing the infant stage you will then go through the early child stage ages 1 to 3 years old, middle childhood is from the ages 3 to 6 years old, being in the late childhood is when you are in the range of 6 years old to 12 years old. When you become a teenager you have become an adolescent until the age of 17, ages 18 to 30 is when you are becoming a young adult then first, second and then later adult before dying. If the individual is cared for the correct way they will learn how to carry them self with pride rather than shame and very sure of themselves. This is about the time individuals will start to wonder and explore the word why and start to experiment of what to believe to be an adult. Playing with Barbie’s and ken’s, also toys such has cars plays a role with wanting to know things and why. If you don’t have involvement with your child in this stage they can resolve problems such as struggles through social role identification. With this it can bring an individual frustrated over goals in life and also may feel guilt. Industry vs. inferiority stage is during age 6 to 12 years old. This is when learning new skills and understanding with developing sense of industry. This is too a stage of social development that you learn plus need throughout the...

Words: 848 - Pages: 4

Free Essay

What Are the Bases for Discrimination

...| THE BASES OF DISCRIMINATION. | What is discrimination. | By Charlotte Marie Herelle | | | | Many people would like to believe that Discrimination in the Health and Social care setting has no place. However it does happen. (Beryl Stretch and Mary Whitehouse Health and social care level 3, book 1 2010: 65) Discrimination can take on many forms. Working in this sector we need to understand and recognise when discrimination is happening in order to do this we first need to know what discrimination is and what the bases of discrimination are. What is discrimination? Discrimination is when a person shows prejudicial or unjust treatment towards someone due to their * Culture * Disability * Age * Social class * Gender * Sexuality * Health status * Family status * Cognitive ability Culture is the way of life people are brought up in. Culture is passed on from one generation to the next and is seen in peoples writing, music, clothes and cooking and what they do. (www.simple.m.wikipedia.org/wiki/Culture ) For example Mrs x is from the Caribbean where they take things slower and enjoy life at a slower pace. She enjoys a relaxed laidback attitude towards life. Because of this her family and friends joke she will be will be late to her own funeral. However when Mrs x recently when to a interview for a job she was turned away because they felt she would always be late due to her culture and where she was from. Disability...

Words: 1004 - Pages: 5