The Harrington Family just took a 25% hit on our income

[shdw01]

sorry to hear that harry.....

but unless you guys made identical amounts, it really isn't 25% of your income....

hopefully you made more so the % drop is smaller....for example, if you made 100k and she made 50k, you go down to 95k and she is down to 40k....150k --> 135k and a 10% drop....

hang in there.....we are all feeling the pinch (some more than others)

 

[harrington]

sorry to hear that harry.....

but unless you guys made identical amounts, it really isn't 25% of your income....

hopefully you made more so the % drop is smaller....for example, if you made 100k and she made 50k, you go down to 95k and she is down to 40k....150k --> 135k and a 10% drop....

hang in there.....we are all feeling the pinch (some more than others)

We make the same amount of money.

 

[BAGIANT]

Think of the alternative!

 

[shdw01]

We make the same amount of money.

sorry to hear that.....and sorry I didnt read the thread (this was addressed earlier now that i look through)

 

[harrington]

what you all do harold?

Printing Industry

 

[X-Files]

sorry to hear that harry.....

but unless you guys made identical amounts, it really isn't 25% of your income....

hopefully you made more so the % drop is smaller....for example, if you made 100k and she made 50k, you go down to 95k and she is down to 40k....150k --> 135k and a 10% drop....

hang in there.....we are all feeling the pinch (some more than others)

How would it be a 25% drop with them both making the same?

 

[SportSavant]

Sorry about the news harrington.....

 

[Fishhead]

I would assume that the majority of us here at TheRX are worse off financially than they were 1.5 years ago.

 

[Donnybasbl]

I hate to be technical, but if you are both making the same amount, a 20% drop in one salary and a 5% drop in the other would result in a 12.5% combined reduction.

It still sucks, but 25% combined would be much worse.

 

[jeckll]

^Yep
If you both make $100k
You got cut 5% (to $95k)
Your wife got cut 20% (to $80k)

80,000 + 95,000 = 175,000

175,000/200,000 (old income) = 87.5%

 

[harrington]

I hate to be technical, but if you are both making the same amount, a 20% drop in one salary and a 5% drop in the other would result in a 12.5% combined reduction.

It still sucks, but 25% combined would be much worse.

Yes you are correct I miss calculated, 12.5% is correct. Hey I don't feel that bad anymore!!! Think I'll bet some NCAA hoop today. I wasn't trying to complain I guess I just meant this economy is really getting scary. I'm very grateful we still have jobs as some people have lost everything. One day at a time and enjoy this ride they call life.

 

[1cheater]

Harry, how did u enjoy all that rain last night? I was up till 2:30 draining my laundry basin.

 

[harrington]

Harry, how did u enjoy all that rain last night? I was up till 2:30 draining my laundry basin.

I have not seen it rain that hard and long in some time. Hey at least we got rid of all that salt.

 

[1cheater]

This is true, let's hope it's not needed again..