QuoteOriginally posted by: capafan2QuoteOriginally posted by: DevonFangsQuoteOriginally posted by: capafan2 they make way less money than people in other industries living outside of those areas. Other industries like what? I don't think there's another industry in which people on average make much more money.IT for example. If you are in the right kind of IT in independent consulting charging over-time and showing a little enterprise (not too much) you can make plenty. It does require a life long commitment to jumping on to the next big thing all the time but the industry pays a lot. Plus inside NYC or London $200K is not such a big deal. It is a huge deal elsewhere. The one thing people in finance, NYC and London are totally oblivious of is, there are plenty of ways to make a good living and NYC/London/Mumbai are way to expensive for the incomes they provide on average.One contractor in IT on Wall-Street (i know for over 14 years now) makes close to $150 per hour doing nothing but programming as a contractor for banks. It is underground economy which does not have a coolness factor to it but is very vibrant and folks who are in it are not considered cool but are closet rich (closet because they are invisible to the rest of the financial folks)You can also work as contractors in banks. Many banks gear up to develop risk systems in response to regulatory changes. Contractors who are good at math and programming are in high demand for these projects.