Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Definition of Household Income"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]People seem to exclude money that is not certain to be recurring, so bonuses, gifts from parents, inheritances and family payments for private school/college/house downpayments are not included. Earnings from investments, employer contributions to retirement savings, increase in value of investments and real estate also are not included in these discussions. Something I learned after moving to Washington is that the wealthy (I'm sorry, "comfortable") do not always have a lot of "income", they just end up with a lot of wealth. I think this leads to the disconnect in discussions about money.[/quote] We definitely include bonuses, as they are a large portion of my husband's compensation. I think anyone whose bonuses are large and fairly reliable (even if the amount varies) count them in HHI. For instance, DH's base salary is around $160k. At bonus time (once a year) he receives approximately $75-100k more. Hell yeah we count that. For his job/experience level, his base salary is below market compensation (which is probably $200k or so) but his company uses bonuses as a retention tool which works! Each time he is contacted by a head hunter, they tell him they can beat his base salary, but not his total comp. He is not unhappy, so he stays, but we DEFINITELY consider this part of his income. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics