Area Man Finally Lands Dream Salary

Top Headlines

Finance

Tips For Cheaper Airfare

Whether the busy travel season, fuel prices, or airline collusion is to blame, airfare is currently very pricey, making traveling more difficult. The Onion walks you through some ways to reduce the cost of flying

Budget Wedding Tips

With Americans still feeling the effects of the recession, many engaged couples are looking for ways to save money on their wedding by holding a smaller ceremony, hunting for deals, and more.

Commonly Overlooked Tax Credits

As Americans rush to fill out their tax forms before the April 15 deadline, many may not realize that they are eligible for multiple tax credits that would earn money back from the government.

Man Completes Life $130,000 Over Budget

SAN FRANCISCO—Having drastically underestimated the expenses required for such an elaborate production, recently deceased local man Norman Dennison is said to have completed his 84-year life Tuesday approximately $130,000 over budget.

Newlywed Couple Looks So Deeply In Debt

CHICAGO—Saying that you could tell by the way they stared into each other’s eyes, friends and family of newlywed couple Patrick and Heather Vaughn told reporters Friday that the bride and groom look so deeply in debt.

How Powerball Works

With no winner from the previous drawing, the jackpot for Wednesday’s Powerball lottery is expected to surpass $450 million, as gamblers around the nation buy more tickets in hopes of drawing the lucky numbers.

The Pros And Cons Of Free Community College

As part of an effort to make higher education accessible to all Americans, President Obama has proposed offering two free years of community college to qualified students, a plan critics say is too expensive and misses the mark on education reform.

Allowance To Teach Child Importance Of Parental Dependence

MUNCIE, IN—Saying that they wanted to instill lifelong financial habits in their young son, the parents of 9-year-old Jeremy Lambert explained to reporters Monday that they give him a weekly $10 allowance to teach him the importance of parental depe...

Online Shopping vs. In-Store Shopping

While brick-and-mortar stores like Walmart and Target are advertising door-buster deals to get consumers in their aisles on Black Friday, many Americans are opting to take advantage of the ease and product variety of online shopping.

Scientists Receive $10 Million Grant To Melt Stuff

COLLEGE PARK, MD—Saying the money would help further researchers’ understanding of the awesome scientific phenomenon, representatives for the American Institute of Physics announced Tuesday that they had received a $10 million grant to melt st...

The Cost Of Raising A Child

According to a new report by the USDA, the cost of raising a child until age 18 now exceeds $245,000, after which many parents will also have to foot the bill for college.

How Public Schools Spend Taxpayer Money

Public school districts in the United States receive billions of taxpayer dollars in state and federal funding every year to pay for teacher salaries, school bus transportation, building maintenance, counseling services, and more.

Bank Of America Introduces New $50 Underdraft Fee

CHARLOTTE, NC—Saying the penalty will cover the costs incurred by the financial institution whenever a customer makes a withdrawal that results in a positive account balance, Bank of America introduced a new $50 underdraft fee Tuesday on all checkin...

How To Protect Your Personal Information Online

Following the recent data breach at retail giant Target, which exposed credit card numbers and personal information of as many as 110 million people, many Americans have grown concerned about their safety and privacy online.

Report: Gap Wider Than Ever Between Ultra-Rich And Reality

PHILADELPHIA—A report released Wednesday by economists at the University of Pennsylvania confirmed that the already massive gap between the world’s ultra-rich and reality is now at historic levels and only continues growing wider each year.

'That Seems About Right,' Says Soon-To-Be-Audited Man

CAMDEN, MN—While filling out a 1040 form and other documents Tuesday in preparation for filing his 2012 federal tax returns, local man Robert Moran, a blog writer who will shortly be audited by the Internal Revenue Service, announced that his calcul...

New Visa Talking Credit Card Urges Buyers To Go For It

SAN FRANCISCO—Financial services giant Visa held a press event Tuesday to introduce "Visa Voice," a new line of talking credit cards that urges shoppers to just go ahead and buy it if that's what they really want. "Whenever ...

Nicolas Cage Broke

Owing $6.3 million in back taxes and facing financial ruin, Nicolas Cage, star of such hit films as Ghost Rider,...

Wachovia's Record Losses

Last week, Wachovia posted a quarterly loss of $23.9 billion, the largest ever for a bank. Where did it lose the money?

Swaggering Down 87%

NEW YORK—A wide-legged gait accompanied by an overconfident smile and a jauntily raised eyebrow may soon be a thing of the past due to recent economic turmoil.

Protecting Our Banks

The Federal Deposit Insurance Corporation, the body that insures bank deposits up to $100,000, has raised the number of "troubled banks" to...
End Of Section
  • More News
Up Next
TV Listings
Just Like Everything Else!: Fox 8 p.m. EDT/7 p.m. ABC Pete's wife is still on him about building that darn shed, these kids are going to be the death of Sheila and Dave, and the hot next-door neighbor is up in EVERYBODY'S business! Sunday nights on ABC couldn't be any more familiar!

Special Coverage

House and Home

Deadline For Prior User To Remove Clothes From Dryer Extended 5 Minutes

JOHNSON CITY, TN—Upon finding the machine in her apartment building’s laundry room completely untouched since she last stopped by, exasperated local woman Sandra Hermus reportedly mounted all her magnanimity Monday and extended the deadline for the previous user to remove their clothing from the dryer by five minutes.

Area Man Finally Lands Dream Salary

LOS ANGELES—Since he was a boy, Michael Dvorak dreamed of one day earning $56,000 a year. Earlier this month, the law firm White & Case finally made that longtime dream come true, hiring Dvorak at just that salary.

"I am definitely one of the lucky few who wakes up every morning and gets to do something he loves: make $56,000 a year," Dvorak, 27, said Monday. " I can’t imagine making another amount of money, quite frankly."

Dvorak had the courage to "give it all away" to pursue the salary of his dreams—and he got it.

"Hell, I’d make $56,000 for free," Dvorak added.

Dvorak attributed his dream salary to an understanding in his gut from an early age of exactly what kind of money he wanted to make, "then just going for it." This drive and determination, as well as Dvorak’s passion for what he earns, impresses those close to him, such as friend Amanda Burnsworth.

"I wish I loved my salary as much as Michael loves his," Burnsworth said. "He inspires me to go out and see if one day I can’t make $42,500. Maybe it’s crazy, but at least I’d be following my heart."

Dvorak admitted that there were plenty of bumps along the way. Even after spending four years and tens of thousands of dollars on a college degree, Dvorak was still unhappy and unfulfilled by the income bracket he wound up in, and that dream amount was still in his head.  He jumped around from salary to salary, gaining valuable earning experience but never settling in any one income. In 2003, he even moved back to his hometown of Akron, OH to seek a pay that suited him.

"It wasn’t always easy," Dvorak said. "I certainly had my share of disappointing salaries. There were times when wondered if $56,000 was something I could attain, or if it was even what I really wanted. I guess it’s normal to question what you want to make for the rest of your life, but still, it’s embarrassing to admit that I once seriously considered $49,800."

But it was during his time in Akron that Dvorak was reminded of the importance of having an inspiring $56,000 in the first place. For more than 30 years, Dvorak’s father, Albert, who died last year, had continued to "plug away" at a salary he never truly liked, and had expressed his regret to his son.

"Dad’s income was secure, but boring and mind-numbing—the sad truth was, he never lived up to his earning potential," Dvorak said. "He told me that if he had to do it all over again, he would have listened to his heart and not made the salary his father wanted him to make."

Added Dvorak: "I see now that life is much too short not to earn the money you love."

The revelation prompted Dvorak to pack up his car and move to Los Angeles in pursuit of exactly what he wanted to gross every year. After a steady and encouraging climb up the earnings ladder, Dvorak applied for an entry-level position at White & Case.

"When he came in for the interview, I told him that new hires start out at $56,000, a fact that excited him very much," human resources supervisor and $72,000-a-year earner Ryan Mullaney said. "When I asked him where he saw himself in 10 years, he answered, ‘Making $56,000.’ Well, I hired him right on the spot."

When asked if he would ever consider switching gears and pursuing a different annual income, such as $62,750 or even $77,810.54, Dvorak responded with a firm "No way."

"I’m absolutely convinced that earning what you were meant to earn is the right thing, no matter what carrots they dangle in front of you," Dvorak said. "I was meant for $56,000."

Finance Video