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Would you quit your job?

If you were guaranteed a $25,000 income would you quit your job and stay unemployed?


  • Total voters
    103
I've never made more than $25,000 a year in my life, even working full-time, and I'm no longer capable of working full-time or even keeping most part-time jobs. I wouldn't stop trying to improve my financial situation (or contribute to society), but I'd sure as hell stop trying to work "jobs".
 
Not a chance. At about $100K I might have to think about it but definitely not at $25K
 
I'm honestly sick of this anti welfare stuff. Why is ok for the Government to be dependent on other countries to pay their bills but not ok for the people to receive ANY help at all to SURVIVE?
 
The question would depend upon how that $25,000 compared to how much you were making at your job.
 
No, I would not. I like what I do. Though, I hope to retire a little younger than most people do. I have a HUGE stack of books I would like to read before I die...
 
I'm honestly sick of this anti welfare stuff. Why is ok for the Government to be dependent on other countries to pay their bills but not ok for the people to receive ANY help at all to SURVIVE?

It isn't alright The US Government should not be allowed to borrow money either.
 
I'm honestly sick of this anti welfare stuff. Why is ok for the Government to be dependent on other countries to pay their bills but not ok for the people to receive ANY help at all to SURVIVE?

It is perfectly ok for people to receive help to survive. It's just not ok for them to receive such help from unwilling members of society.
 
The question would depend upon how that $25,000 compared to how much you were making at your job.

I realize that is the way people think about it, but I honestly don't. If I have to spend my time working I want to get as much in return for it as possible, but if I'm doing nothing but spending time working out and being on the beach surfing the amount I will be willing to accept is far less. As long as I'm doing nothing towards the money I receive I have no reason to be picky about it.
 
If you were guaranteed a $25,000/year income by the government would you quit your job and stay unemployed?

I know I wouldn't, how about you?

No, and yes. I would continue to work off the books (tax free) but gladly accept my "fair share" of the wages of others. ;)
 
It would be tempting. Finding useful things to do with my free time would not be a problem.



I don't make all that much more... maybe 30 when all is said and done, but then there's taxes.

And for those wailing that 25k isn't enough to live on... Ok, I'm sure it isn't enough in NYC or LA, but lots of people live on less. I know lots of people around here that make less. Probably average household where you have a young couple with a two children, hubby makes 20-25k and wifey works part time for maybe 10-15k but shells half of it back out on child care expenses.
 
It would be tempting. Finding useful things to do with my free time would not be a problem.



I don't make all that much more... maybe 30 when all is said and done, but then there's taxes.

And for those wailing that 25k isn't enough to live on... Ok, I'm sure it isn't enough in NYC or LA, but lots of people live on less. I know lots of people around here that make less. Probably average household where you have a young couple with a two children, hubby makes 20-25k and wifey works part time for maybe 10-15k but shells half of it back out on child care expenses.

That's just one reason why I've been thinking of moving out of the northeast. Cost of living is REALLY expensive here. I was looking at Craig's List at rentals and Tennessee, and I was stunned at how cheap!
 
If you were guaranteed a $25,000/year income by the government would you quit your job and stay unemployed?

I know I wouldn't, how about you?
WoW players everywhere celebrate.
 
If you were guaranteed a $25,000/year income by the government would you quit your job and stay unemployed?

I know I wouldn't, how about you?

Lets see here.
Mortgage 900 x 12 = 10800
hm insurance 130 x 12 = 1560 12360
health ins 650 x 12 = 7800 20160
car pmt 350 x 12 = 4200 25360
car ins 90 x 12 = 1080 26440
utilities 325 x 12 = 3900 30340
IRA = 5000 35340
Gas 80 x 52 = 4160 39500
food 480 x 12 = 5760 45260

nope. Couldn't do it with out other hand outs.
 
It would be tempting. Finding useful things to do with my free time would not be a problem.



I don't make all that much more... maybe 30 when all is said and done, but then there's taxes.

And for those wailing that 25k isn't enough to live on... Ok, I'm sure it isn't enough in NYC or LA, but lots of people live on less. I know lots of people around here that make less. Probably average household where you have a young couple with a two children, hubby makes 20-25k and wifey works part time for maybe 10-15k but shells half of it back out on child care expenses.

25k is barley getting by in most places and won't buy you much especially in Canada as even in the cheapest places you might struggle, though I imagine it is much cheaper in the Southern U.S.. I also get family is different here as the average number of children in young families now is one child or none.
 
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Presuming it's after taxes, sure. Then I'd do a little but of off the radar work as well.
 
If you were guaranteed a $25,000/year income by the government would you quit your job and stay unemployed?

I know I wouldn't, how about you?

I could be wrong but isn't things like welfare and foodstamps tax free? If so that means in order for a single person to make that $25,000 a year after federal income taxes,ss, medicare,state income taxes you would need to earn roughly around $45,000 a year or $23.44 an hour for 40 hours a week.$4,991.25 + 25% for federal income taxes for making 45,000 a year, 7.65% for ss and medicare and 5.50% plus $246.50 state income tax if you live in Oklahoma. So I vote yes. I can get an apartment with all bills paid for $700 a month, so that is $8,400 a year for rent and utilities.Vehicle insurance is $744 a year.I pay roughly $120 a month in gas traveling back and fourth to work,so that is $1440 a year, but if I am not working I probably only have to spend half that or less so that is $720 a year.$120 a month on internet and cable, so that is $1440 a year, cellphone bill is $35 a month so that is $420 a year.That would leave me around $1106.33 for food and other expenses.




https://en.wikipedia.org/wiki/Rate_schedule_(federal_income_tax)
Social Security and Medicare tax rates; maximum taxable earnings
Oklahoma Income Tax Brackets 2013
 
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If you were guaranteed a $25,000/year income by the government would you quit your job and stay unemployed?

I know I wouldn't, how about you?

I probably would. Not permanently, but I'd take a few years off whenever I wanted to. The most fun would to be work 3-4 years then take 3-4 years off, using the free money and the money I saved to live quite comfortably.
 
No way; especially if I have a job that I love.
 
probably not for 25k, because it would be hard to support a family. however, there are situations in which i'd leave my job and consider doing writing and photography full time. i'd get a nice cabin out in the woods and really dedicate myself to it. i'm sort of doing that anyway, though.

as for jobs, i like mine a lot, but honestly, there really isn't much that i want to do eight hours a day every day of the year.
 
CC, that's a bold statement, and it's wrong. I make only a little bit more than that right now, and I live quite comfortably. So yes, I would do it. The only ones who wouldn't do it are those with a family or those who would do their job for no pay. But even those with a family, if both spouses were taking this home, would also be able to retire.

So yeah, it's more than enough. I'd be gone in a flash.

I live in NJ. From what I am aware, finding something decent for less than $1000/month is nearly impossible. That's half of what you would make right there. One could NOT live comfortably on $25,000/year here. Since it would make little sense to take the free $25,000 and live uncomfortably, when one could work, make more, and live comfortably, $25,000/year doesn't cut it.
 
2009 I made 11,200,
2010 I was down to $8800
2011 I soared to $14,000
2012 sky rocketed to $17,200 and put some in my IRA
2013 I'll be close to $20k

I live just fine, no govt hand outs, no debts, and my #1 expense remains gasoline.

$25,000/year is no where NEAR enough to live on, so even if I didn't like my job, absolutely not.

Regardless, I love my job, so no.
 
2009 I made 11,200,
2010 I was down to $8800
2011 I soared to $14,000
2012 sky rocketed to $17,200 and put some in my IRA
2013 I'll be close to $20k

I live just fine, no govt hand outs, no debts, and my #1 expense remains gasoline.

Where do you live... just the state and area?
 
If you were guaranteed a $25,000/year income by the government would you quit your job and stay unemployed?

I know I wouldn't, how about you?

That's not enough to meet basic necessities.
 
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