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View Poll Results: If you had a guarenteed income of $1,500 a month you would....
Yes I would keep working 86 64.18%
I would quit and live off 1500 a month 10 7.46%
I would quit to start my own business 12 8.96%
I would work part time-maybe 20 hours a week 11 8.21%
None of these choices would match my behavior 15 11.19%
Voters: 134. You may not vote on this poll

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Old 11-12-2014, 07:45 AM
 
Location: Santa Monica
36,853 posts, read 17,368,921 times
Reputation: 14459

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Quote:
Originally Posted by Seacove View Post
$1500. in Seattle doesn't go far. You could do it in the south or midwest though. I bet $1500. in Oklahoma is a lot of money.
Income to debt ratio and lifestyle play a role.

My $800 studio apartment in Southern California would be about $375-$400 back in my home area in Ohio. But in Southern California I can actually go outside when I want. I'm no longer a prisoner to weather and boredom.
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Old 11-12-2014, 07:45 AM
 
4,288 posts, read 2,060,202 times
Reputation: 2815
Quote:
Originally Posted by greywar View Post
So we've heard a lot of folks here say that if they had a guaranteed income everyone would quit and never work again. This amazes me. most of my friends would keep working! So I wondered...how much of that is projection onto others, vs's how many here would....

ps...yes I know...a typo in the header. If a mod see's this, can you fix the typo as I cant edit it apparently. Sigh.
I have not heard many (if any) people say they would quit working if they had $1500 a month guaranteed income. I am sure there are some people with low drive and needs who would.

If you are referring to government subsidies I believe it could be more than $1500 a month and and there are people who would take that while working off the books.
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Old 11-12-2014, 07:49 AM
 
4,288 posts, read 2,060,202 times
Reputation: 2815
Quote:
Originally Posted by lilyflower3191981 View Post
I get more than $1,500 guaranteed income (trust fund and other sources), I still work like a dog.
My dogs just lie around, go outside to play and eat. Very little work from them. And don't even get me started on my lazy cat. Although on occasion he will catch a mouse but only to play with until I catch it and release it.

All kidding aside I agree with your ethic.
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Old 11-12-2014, 07:54 AM
 
Location: Santa Monica
36,853 posts, read 17,368,921 times
Reputation: 14459
Quote:
Originally Posted by Eeyore1954 View Post
I have not heard many (if any) people say they would quit working if they had $1500 a month guaranteed income. I am sure there are some people with low drive and needs who would.

If you are referring to government subsidies I believe it could be more than $1500 a month and and there are people who would take that while working off the books.
I would quit if the money just "appeared" in my account each month.
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Old 11-12-2014, 08:00 AM
 
Location: Newport Beach, California
39,232 posts, read 27,611,062 times
Reputation: 16072
Quote:
Originally Posted by Eeyore1954 View Post
My dogs just lie around, go outside to play and eat. Very little work from them. And don't even get me started on my lazy cat. Although on occasion he will catch a mouse but only to play with until I catch it and release it.

All kidding aside I agree with your ethic.
lol

I also work because I want to save money and invest. I love working, makes me feel productive.
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Old 11-12-2014, 08:05 AM
 
5,110 posts, read 7,141,538 times
Reputation: 3116
That's $18,000/year. That's not a livable income.
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Old 11-12-2014, 08:28 AM
 
34,300 posts, read 15,656,546 times
Reputation: 13053
It's a lot easier to work when you know you don't have too. I had a guaranteed income three times that amount and worked . I have a friend that gets $ 70 to $ 80 thousand a year from a trust and has for over 20 years and he still works at his own business. He says he loves to get his statement and watch it grow and you know it's true when you see his eyes light up when he talks about it. I get the feeling he thinks he's taking it with him when he goes.
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Old 11-12-2014, 08:30 AM
 
21,989 posts, read 15,716,760 times
Reputation: 12943
Quote:
Originally Posted by iowa4430 View Post
Rest assured, the socialist liberal whackos want a cradle to grave welfare system for everyone so you need not worry. The gub'ment be here to help!
I notice a lot of Republicans like to say gub'ment. I get that it is supposed to be mocking but who is it mocking? Blacks? Southerners?
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Old 11-12-2014, 08:34 AM
 
Location: Santa Monica
36,853 posts, read 17,368,921 times
Reputation: 14459
Quote:
Originally Posted by JoeP View Post
That's $18,000/year. That's not a livable income.
Depends on the person.
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Old 11-12-2014, 08:58 AM
 
24,832 posts, read 37,348,515 times
Reputation: 11538
Quote:
Originally Posted by No_Recess View Post
Depends on the person.
And where they live.
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