Quote:
Originally Posted by ScooTizzle
I need help with a life changing decision whether to quit my job at UPS or not.
1. Do not make life-changing decisions based on advice you get in a chat forum.
Quote:
Originally Posted by ScooTizzle
My stats are after 7 months:
1/2NL $18k over 730hrs $25/hr.
2/5NL $5k over 125hrs $39/hr.
Overall with drawing winnings $25k over 850hrs = $28/hr
2. Nice results. Good job.
Quote:
Originally Posted by ScooTizzle
I work at UPS part time 20hrs a week 4hrs a day Mon-Fri 1030pm-230am. It's ends up being only $11hr $180 a week $11k/year with the best insurance coverage you can get. I'm just turned 22 years old so the insurance is not important to me right now.
3. Yes, the insurance is important to you. It is insurance against you having to pay way more in medical costs than you can afford. It covers the cost of staying healthy. Don't be short-sighted; have insurance and take advantage of the benefits included. One reason there is less in your paycheck is because you are getting much more in benefits.
And isn't insurance coverage going to be mandatory soon? So if you leave UPS, you will surely be paying more for insurance in the near future.
Quote:
Originally Posted by ScooTizzle
So the question is should I quit my job since I'm making more money and it would take a while to make as much per hour as I do in poker and it feels like I'm going to quit eventually for poker.
4. The answer is no. What happens if you have a downswing? Are you going to be able to pay your bills? What is the long-term plan?
Quote:
Originally Posted by ScooTizzle
Another thing I am considering is letting the rest of the year play out and try to play as many hours as i would if I were a full time pro. That would be about 2000 hrs and at about $25hr it would add up to $50k. Right now I'm only on pace for about 1500 hrs. because of my job. I also love to travel and would be willing to move to where the action is if I need to.
5. This sounds reasonable. Just don't count that $50K until it is actually in your hands. You sound like a solid player but you never know.
P.S. Don't make life changing decisions based on advice you get on a chat forum.