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 "Support a family of 4 on $55k/year"
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][quote=Anonymous]Not without some type of govt assistance - reduced fee daycare, food stamps, housing assistance, disability income,etc[/quote] Earning 55K doesn't qualify you for govt assistance. You must be one of those "I am barely getting by with my 250K HHI" nutters.[/quote] Since so many of those with 6 or 7 figure incomes have no clue what government assistance is based on, many government assistance programs are only available for people who earn less than a certain amount. WIC is available to those making 185% or less of poverty income. Other programs are based on earning less than 200% of the poverty level. AFAIK, 200% of poverty level is the highest eligibility for federal aid. 2011-2012 poverty level for 1 is $10,890. For family of 2 is $14,710. For a family of 4 is $22,350. You would need a family of 6 to qualify for only the most leniant (200% of poverty) of government benefits at an annual income of $55K. [/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
