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slackmaster

(60,567 posts)

31. My income and net worth were both zero for the first seven months after finishing my BA

Reply to hfojvt (Original post)

Mon Apr 30, 2012, 02:11 PM

Apr 2012

My income was very low for about the next 15 years.

In early 2000 when my divorce became final, my net worth dropped back to zero. I've had decent income for most of the time since then.

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about poverty - how poor have you been, as an adult? [View all] hfojvt Apr 2012 OP

Graduated in 1982, didn't have a job until February 1984 liberal N proud Apr 2012 #1

How did you survive on your own? hfojvt Apr 2012 #2

Lived on some money I had made the summer of 81 liberal N proud Apr 2012 #5

Wow you own a house free and clear? dkf Apr 2012 #3

well, it is only a $35,000 house hfojvt Apr 2012 #7

Smart smart smart! dkf Apr 2012 #12

Pre baby boomer here - saved by an accident of timing. tularetom Apr 2012 #4

timeing was pretty good for me some 18 years later hfojvt Apr 2012 #11

simple.... madrchsod Apr 2012 #6

If one accepts $10,890 as the poverty line for an individual, I'm just above that at $14050.80 Kaleva Apr 2012 #8

I never saw the point to life insurance hfojvt Apr 2012 #32

I am about at that level with my social security. RebelOne Apr 2012 #34

Very. nt Honeycombe8 Apr 2012 #9

I've never been poor. Johnny Rico Apr 2012 #10

Three tough periods Lydia Leftcoast Apr 2012 #13

I have had low income hfojvt Apr 2012 #17

been to the food bank & owned multiple commercial, residential properties upi402 Apr 2012 #14

I had some pretty lean times in the early 70's HeiressofBickworth Apr 2012 #15

Always have been loyalsister Apr 2012 #16

although I like movies, I consider going to them a waste of money hfojvt Apr 2012 #20

Being able to do "something" loyalsister Apr 2012 #33

I'm on disability, which for me is less than a minimum wage job. Fire Walk With Me Apr 2012 #18

Could someone help me out with the percentages here? joshcryer Apr 2012 #19

Maybe I am just a poor explainer hfojvt Apr 2012 #22

Ahh, OK, thank you, that is fine, it explains it well enough. joshcryer Apr 2012 #24

I was living on two big macs a day for about a year and couldn't afford to take a polly7 Apr 2012 #21

that does not sound like a good diet hfojvt Apr 2012 #23

No, it wasn't a good diet. polly7 Apr 2012 #25

Couldn't say for sure... meaculpa2011 Apr 2012 #26

To the point of relying on a soup kitchen pecwae Apr 2012 #27

ouch hfojvt Apr 2012 #30

You're absolutely right! pecwae May 2012 #35

I have always ranged between below the poverty level to 300% of the poverty level Marrah_G Apr 2012 #28

yes, the poverty line does not account for higher rents hfojvt Apr 2012 #29

My income and net worth were both zero for the first seven months after finishing my BA slackmaster Apr 2012 #31