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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
Muhammed

Muhammed

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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?
 
Muhammed said:
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?
Click to expand...

$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.
 
Hell no, I have kids!

Plus no money and too much time? That would drive me insane.
 
I'm semi retired and only make around 30k a year to avoid sucking to much out of my retirement savings so I guess I'd quit working for 25K a year except that a lot of my income is a result of cleaning up my land so I don't know what I would do with all the fire wood and lumber I now sell. That would be a problem.
 
sawyerloggingon said:
Too much time? Are you insane? :lol: You won't think that way when you get my age.
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Well I guess that makes me insane. I like to keep busy and feeling productive
 
Muhammed said:
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?
Click to expand...

I answered yes. If you asked me this question 2 years ago I would have said no. I don't have as much pride as I used to have. I used to live in fairy tale land. Now I live in the real world.

Just because you don't have a job doesn't mean you aren't allowed to work. You can get lots of stuff done if you had all day to do it.

You could become a muscle man. You could have an immaculate house. You could have an immaculate yard. You could read all the best literary works of all time.

This poll is not very unrealistic at all.

This decision is being made all over the place. I work at a hotel. The housekeepers make about $7.75 an hour and in our slow season they may work 25 hours per week. That's only $10,075 per year. If they have 3 kids and one is under six years old the government may offer them $8,000 to stay at home.
 
CaptainCourtesy said:
$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.
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Minimum wage in most US States is $7.25 per hour. That equates to $15,080 per year. Lots of people live on less than $25,000. Where do you live? Disneyland?
 
sawyerloggingon said:
I like to keep busy about 4 hours a day, then I like to take a nap and then read a book.
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I have way too much energy for that. I would be climbing the walls. I can usually read for about 45 minutes in a sitting, then my body has to go do something active and my social nature starts craving stimulation as well (which can get expensive)

Something like a good rum and coke and prolong that, but only so long, then I am in even worse shape, lol
 
CaptainCourtesy said:
$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.
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I live quite well on that. And that's even considering I don't have anyone to share costs with. I have a nice one bedroom in a nice part of town. I went to school and paid out of pocket. I spent fairly insane amounts of money on vet bills. Sure, I've had some tight months here and there, but overall, I don't want for much of anything, I don't worry when I go out, and if there's something nice I want, I can usually afford to get it.

It's perfectly livable as long as you're not in a hyper-inflated mega city (in which case it's tight, but still doable -- I've done it on less), and if you just have a bit of control over yourself.

But to answer the OP, no. And for me, it's not because I love my job. It's simply because I just don't have it in me to do that.
 
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No, and not necessarily for the sake of my finances. I wouldn't know what to do with my self without a full time job.
 
vasuderatorrent said:
I answered yes. If you asked me this question 2 years ago I would have said no. I don't have as much pride as I used to have. I used to live in fairy tale land. Now I live in the real world.

Just because you don't have a job doesn't mean you aren't allowed to work. You can get lots of stuff done if you had all day to do it.

You could become a muscle man. You could have an immaculate house. You could have an immaculate yard. You could read all the best literary works of all time.

This poll is not very unrealistic at all.

This decision is being made all over the place. I work at a hotel. The housekeepers make about $7.75 an hour and in our slow season they may work 25 hours per week. That's only $10,075 per year. If they have 3 kids and one is under six years old the government may offer them $8,000 to stay at home.
Click to expand...

Which may beg the question of who's going to maintain the motel rooms and at what price.

But I've been hearing what you're saying. I can see folks beginning to look at retirement from a different "Why not?" perspective now.
 
Muhammed said:
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?
Click to expand...

That wouldn't cover my mortgages, so no. If I were 18 and without big boy bills, I maybe would (....and then work under the table doing odd jobs while fleecing you). The average worker pay in the US is around $27K so that would probably get a lot of takers.
 
Ive lived on that, and could likely do it again, but only as money ive earned myself.
The goverment doesnt create that money from thin air. They would have to take it from someone else to give it to me, and in my world, that aint happening.
 
We have lived on less than that in the first few years of the business startup while my wife was in school and either not working or getting a few days a week part time. It wasn't easy but it can be done, we live in an area where the cost of living is low enough. But now we are at the point where we will make considerably more than that and we have a limited window in which to make our retirement. I plan on retiring in just over 10 years, the goal is $2million in assets. Right now we are pretty much break even, no debt and very little in personal assets with her making decent money and facing advancement while this spring marks 7 years for my business with everything but the building paid off. At this point the business values out at $340,000. And contrary to what Obama says, yeah, I DID build that.
 
Muhammed said:
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?
Click to expand...

No way. That's not nearly enough to live on comfortably.
 
Muhammed said:
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?
Click to expand...

never ,l am not sold
 
Muhammed said:
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?
Click to expand...

CaptainCourtesy said:
$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.
Click to expand...

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.
 
phattonez said:
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.
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Obviously you don't live in the northeast. It would be very, VERY difficult to live on that amount of money if you have a family in my area.
 
ChrisL said:
Obviously you don't live in the northeast. It would be very, VERY difficult to live on that amount of money if you have a family in my area.
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I live in Los Angeles. Is Los Angeles suddenly not one of the most expensive cities in one the most heavily taxed states in the country?
 
Fisher said:
That wouldn't cover my mortgages, so no. If I were 18 and without big boy bills, I maybe would (....and then work under the table doing odd jobs while fleecing you). The average worker pay in the US is around $27K so that would probably get a lot of takers.
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The average wage in the US is around 47K, not 27.
 
phattonez said:
I live in Los Angeles. Is Los Angeles suddenly not one of the most expensive cities in one the most heavily taxed states in the country?
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I live in Massachusetts. I'm telling you that you can't live comfortably here if you have a family to feed on $25,000 a year. You would be struggling to pay your bills.
 
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