Reply to At what salary is it not worth it to work?

Forum Index » Jobs and Careers

Reply to "At what salary is it not worth it to work? "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP - right now $45 works out like this. I am getting $20 an hour unemployment. So actually $25 an hour. I am all in since live in MoCo so almost 30 percent tax bracket so like another $7 off. Plus payroll taxes. SS etc another buck off.

So making $17 an hour.

If job had medical would do it. Cobra and mortgage are my biggest expenses. If unemployment ran out would do it.

My bills are at point $17 does nothing. In fact if I wanted Obama care might also be an issue.

[b]I need around $145k to pay the bills. [/b]Remember that is taxable. But even at $145 can’t contribute much to 401k as need the income.

I think I can land a job soon. But to be honest it may be my last one. [/quote]

Why? This seems insanely high. Are you the primary breadwinner?[/quote]

I have a stay at home wife and three kids, three cars and a mortgage. 
Right now living off 
$2,800 unemployment 
$1,500 rental income 
$2,000 interest income

But once unemployment runs out and cobra dies I am in trouble.

My wife wants me to land a good job, make it last 3-5 years and get rid of mortgage. I have two ok college right now but that was saved for already.

She is absolutely positively not going back to work ever if I am unemployed.

I am also screwed as can’t refinance or move with no income.

Am I crazy? I Can’t downsize as youngest four years to HS graduation and can’t sell rental as I use that income. My town rents are sky high. I could not afford to rent my own house.

[/quote]

You're on unemployment. You're only supposed to receive that until you find work. You found work, now go work. Beggers don't get to be choosers.

Congrats, OP, for being the poster child for why Republicans didn't want to extend pandemic unemployment benefits. [/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