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I need some advice!!!

rotaxpower
So I have been out of work for a while now. I was offered a job Monday that pays about 16 bux and hour, its the regular 9-5 type job, which is nice.


Now last night a good buddy phoned me and told me this one company was looking to hire guys desperatly (in the oil patch), and to send in my resume. So I e-mailed my resume to them this morning, and got a phone call this afternoon asking if I wanted the job. I asked how much it payed, and was told it can be in the low 5 figures a month, which is insane money! But the bad. I will have to move a hour away, and it I will be working crazy hours. Now I always said I wanted money. (I am young 25 years old) So now I dont know what to do. If I should take this new job I was offered, after all it is a once in a lifetime oppertuniy, or say no and make less money. I dont know what to do!!!

PLEASE HELP ME DECIDE!!!
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Comments

41 comments

Date Votes
  • big mango
    It seems that no one mentioned to the original poster about working for as long as possible with this job and then taking the money he saved and trying to further his education after the work is done.

    By enrolling in some junior college or even four college classes towards some type of university degree he might be able to get another better paying job that has a future to it.

    That way he might be able to steer clear of the jobs flipping burgers, because he has some further education skills beyond high school.

    Remember, Information / education (i.e. an education in a field likely to keep him employed for a longer time based on his partially completed degree or completed degree ) is power.!!
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  • MVP
    If I were you I wouldn't take the job. I would go hang out at the beach and wistle at the pretty girls and party all night. Who needs a good job when there are so many other things to do.
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  • spanielsells
    quote:Originally posted by rotaxpower
    So I have been out of work for a while now. I was offered a job Monday that pays about 16 bux and hour, its the regular 9-5 type job, which is nice.


    Now last night a good buddy phoned me and told me this one company was looking to hire guys desperatly (in the oil patch), and to send in my resume. So I e-mailed my resume to them this morning, and got a phone call this afternoon asking if I wanted the job. I asked how much it payed, and was told it can be in the low 5 figures a month, which is insane money! But the bad. I will have to move a hour away, and it I will be working crazy hours. Now I always said I wanted money. (I am young 25 years old) So now I dont know what to do. If I should take this new job I was offered, after all it is a once in a lifetime oppertuniy, or say no and make less money. I dont know what to do!!!

    PLEASE HELP ME DECIDE!!!
    Take the job.

    But, be smart about it. Spend only what you absolutely must live on. Don't go out and blow it all like you'll see some of the other young'uns do. Sock as much of it away into the bank as possible.

    So, eat Ramen, Mac & Cheese, McDonalds, etc. If you have to pay rent to someone, rent out a room in a house or find a roommate.

    In no time flat, your savings account will have more money than you'll know what to do with. You can then quit and live comfortably, maybe even buy your own home without a mortgage, etc.

    What do you get out of this?

    1. You'll be more attractive to women. Women tend to VALUE security over all other things.

    2. You'll have been very smart and given yourself a very nice rainy day fund. That way, should something happen, you won't be desperate for money.

    3. If you want to better your life even more, you can get a decent education and not have to take out financial aid.
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  • rotaxpower
    So, my dad knows the dad of the guy who offered me the job in the oil patch, and they got talking. He didnt recomend me takeing the job. I guess there were a few things that I wasnt getting told. So I got thinking, if his father doesnt recomned it, it cant be that great. I think I will take the lower payin job. After all it is something I enjoy doing.
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  • tsavo303
    take it or send my resume!
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  • He Dog
    Take the job. Set up a bank account with an auto deposit for the pay check, so you never touch it. Give yourself a reasonable amount to live on, say the aforementioned 3000 per month. Arrange the balance or x amount each pay day to auto transfer into a savings account. Set up a Roth IRA with a good investment company, and have them debit that savings account each month for x amount to be placed in your Roth. Stocks are running high now, so don't buy a lot of stock, what until the market crashes again, and then buy into stocks with your Roth investments. For now diversify into bonds, money markets and fixed interest funds.
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  • JackBwr
    quote:Originally posted by rotaxpower
    So, my dad knows the dad of the guy who offered me the job in the oil patch, and they got talking. He didnt recomend me takeing the job. I guess there were a few things that I wasnt getting told. So I got thinking, if his father doesnt recomned it, it cant be that great. I think I will take the lower payin job. After all it is something I enjoy doing.


    I thought there might be more to it than you're actually hearing. This is very common. Be sure you have ALL the facts straight before taking any job. Your dad won't always know the other guy's dad, so be prepared to ask lots of questions. When you do get serious about taking a job, try not to let the money factor go straight to your head like we all did here.
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  • texaswildman
    Rotax - i have been working for oil companies (E&P) for 20 years. Granted, i have a rather "different" job, but all the same i am employed by and in the Patch in field operations. You have been given lots of good advice through this thread. I will only add to it. The oil industry is an up and down business. You absolutely have to plan for the downs. I once lost my job three times in one year - but never missed a paycheck and never left the building where i work. I was extremely fortunate.

    I can tell you that tong operators are busy guys right now. Thats why they are out there recruiting like crazy right now. Ask yourself why they want someone with no experience. 8 years ago, they weren't busy at all.

    You are at the mercy of drilling activity in your area if it is a local company. If the outfit does other oilfield functions and is more diversified than just running pipe, you might have a little more stability.

    I leave you with this - when i broke in, i went to work with a very stable company that had 250 professional people. The parent company (8000 employees) went bankrupt, emerged, sold assets (including the group i worked with), and merged. The new company then split, acquired, acquired, sold, acquired, sold, acquired, etc.... Of those 250, there are 8 of us left. Since 1996 i have worked for a private mid-size independant and things have been somewhat more stable. The oil industry is very volatile. Save your money and plan for the rainy day....
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  • texaswildman
    Oh yes - i live 17 miles from work and sometimes my commute home takes an hour...
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  • Grunt2
    25 years old....out of a job.....and you have to ask? Stay at home and mooch off your friends and parents...
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  • fishkiller41
    U GOTTA GO WHERE THE $$$ IS MAN>> That's what you'll wind-up doin in the end anyhow !!

    JEFF
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