Home
Log in / Sign Up
    Private Messages   Advanced Search   Rules   New User Guide   FAQ   Advertise   Contact Us  
Forum -> Household Management -> Finances
Gross household income adjusted for household size



Post new topic   Reply to topic View latest: 24h 48h 72h



Adjusted gross income
<1k  
 2%  [ 1 ]
1-5k  
 2%  [ 1 ]
5001-10k  
 7%  [ 3 ]
10001-15k  
 19%  [ 8 ]
15001-20k  
 11%  [ 5 ]
20001-25k  
 7%  [ 3 ]
>25k  
 50%  [ 21 ]
Total Votes : 42



imanotmommy




 
 
    
 

Post Mon, Nov 23 2020, 12:42 pm
Subtract 30k from your gross household income and divide by number of household members. For example: 100k income, 3 kids and 2 parents. 100-30=70. 70/5=14.
Back to top

amother
Periwinkle


 

Post Mon, Nov 23 2020, 12:48 pm
imanotmommy wrote:
Subtract 30k from your gross household income and divide by number of household members. For example: 100k income, 3 kids and 2 parents. 100-30=70. 70/5=14.


why do you subtract 30K?
Back to top

imanotmommy




 
 
    
 

Post Mon, Nov 23 2020, 12:54 pm
amother [ Periwinkle ] wrote:
why do you subtract 30K?

The amount I chose is a bit random but it's meant to account for a certain amount of expenses which are relatively fixed regardless of the number of people. For example, you need to pay the same amount for turning on the light in a room for one person or for ten. You also need to pay a certain amount for housing whether there are 4 people living there or 7. (obviously more people are probably using more lights and a much bigger family will probably have higher housing costs. But it's not totally proportional.)
Back to top
Page 1 of 1 Recent Topics




Post new topic   Reply to topic    Forum -> Household Management -> Finances

Related Topics Replies Last Post
Seeking hand me downs boys size 6-7
by amother
5 Yesterday at 9:18 pm View last post
How much income for 3m home
by amother
25 Yesterday at 12:02 pm View last post
S/o List your income and expenses breakdown
by amother
15 Yesterday at 1:54 am View last post
Can someone help me find my size in dress blank clothing?
by amother
4 Wed, Mar 27 2024, 12:44 pm View last post
I’m a size 0 and nothing fits me in the frum stores
by amother
29 Wed, Mar 27 2024, 9:14 am View last post