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Who would miss 5% of their pay check and what income bracket are you (or your household) in?
This is a spin off from the other thread and a two part question. select any of the top five choices of who you think would miss 5% of their paycheck and select any one of the bottom five choices that applies to you or your household total.
Who would miss 5% of their pay check
Upper class-above $500,000($25,000 and above) would miss 5% of their paycheck
Upper-middle class- between $250,000 and $500,000 ($12,500-$25,000) would miss 5% of their paycheck
Middle-middle class- between $125,000 and $250,000($6,250-$12,500) would miss 5% of their paycheck
Middle-middle class- between $125,000 and $250,000($6,250-$12,500) would miss 5% of their paycheck
Lower class- $0 to $50,000($0.00-$2,500) would miss 5% of their paycheck
and what income bracket are you (or your household) in?
I or my household would be considered upper class income bracket
I or my household would be considered upper middle class income bracket
I or my household would be considered middle-middle class income bracket
I or my household would be considered lower middle class income bracket
I or my household would be considered lower class income bracket
I say anyone regardless of income made would miss 5% of their paycheck because 5% is still at least two hours worth of work a week(assuming you work only 40 hours a week) of your life that you are never going to get back.
These numbers are based on this article. I realize that in different parts of the country the cost of living is higher. While in some parts of Oklahoma you can buy a decent home for around $20,000 while in NewYork city or California you could make $200,000 a year and still couldn't buy a decent home.
Next Income Bracket Economic Classes in the USA
This is a spin off from the other thread and a two part question. select any of the top five choices of who you think would miss 5% of their paycheck and select any one of the bottom five choices that applies to you or your household total.
Who would miss 5% of their pay check
Upper class-above $500,000($25,000 and above) would miss 5% of their paycheck
Upper-middle class- between $250,000 and $500,000 ($12,500-$25,000) would miss 5% of their paycheck
Middle-middle class- between $125,000 and $250,000($6,250-$12,500) would miss 5% of their paycheck
Middle-middle class- between $125,000 and $250,000($6,250-$12,500) would miss 5% of their paycheck
Lower class- $0 to $50,000($0.00-$2,500) would miss 5% of their paycheck
and what income bracket are you (or your household) in?
I or my household would be considered upper class income bracket
I or my household would be considered upper middle class income bracket
I or my household would be considered middle-middle class income bracket
I or my household would be considered lower middle class income bracket
I or my household would be considered lower class income bracket
I say anyone regardless of income made would miss 5% of their paycheck because 5% is still at least two hours worth of work a week(assuming you work only 40 hours a week) of your life that you are never going to get back.
These numbers are based on this article. I realize that in different parts of the country the cost of living is higher. While in some parts of Oklahoma you can buy a decent home for around $20,000 while in NewYork city or California you could make $200,000 a year and still couldn't buy a decent home.
Next Income Bracket Economic Classes in the USA
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