I don't mean to be rude but it seems to me that you are doing little to improve your station in life. What are you doing to improve your situation? If you're just getting up and going to work every morning and doing the grind then you will never get ahead. You need to get more or better skills. You need to get better educated or work harder to get where you want to go. You can't just dream about doing better and hope to win the lottery. If your job isn't getting you what you want then why are you not pursuing something else? Something better? Are you the best at whatever it is you do? If you can't say yes then you need to do better. Be the best or find something else that you enjoy doing that you are better at.
I commend you on the stay at home wife taking care of the kids. I consider that a success right there. Build on it.
I carry a bachelor's in mechanical engineering making about $83k a year. Guess that ain't shit nowadays.
My 'salary' is only 20k less and I didn't need to spend a boat load of money on 4 years of college to get it. I say 'salary' because I get time and a half pay for overtime (which I typically work a lot of).
Last year I made over 90k, so yes.. I would say $83k for any engineering job is trash.
I do have a crazy work schedule, but I don't have to travel.
You should probably ask for a raise or shop for a new job in my opinion. I have a relative who is a civil engineer, he was offered about 85k with no experience, and fresh out of college about 10 years ago. He turned the offer down and found a better offer.
Well I think it depends on the area too? I know there are positions that pay very handsomely but it's usually in higher cost of living areas.
Are you the best at your company? Are you keeping up with changes in the field? Can you take more courses to elevate your skills?
If you can't look in the mirror and say I'm the best fuckin engineer at my company then you need to do better. If you ARE the best, then you might want to move to a new company for better pay. 83K isn't bad at all. Seems like you should be able to afford those things you want since you said that you have very little debt.
I can afford it. But I just feel like it's just barely skipping by. Maybe I'm not giving it my all. I will be taking on a side hustle this year in hopes that will make me happier.