Cincinnati Babies

s/o income poll

So a few years back we did a giant poll about income and expenses and other demographic information - do you want me to put another one together this week? If so, what questions do you want answered?
Charlie 8.06.08
Emeline 5.28.13

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Re: s/o income poll

  • I can't believe it's already been 2 years since we did that.
    Justin Thomas joined us on 8.4.07
    Tyler Anthony arrived on 9.21.09
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  • net worth - equity in property, retirement savings, investments
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  • imageMeg41208:
    net worth - equity in property, retirement savings, investments

    Ooh, that is a good one!

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  • Total household income, divided by total # in household. Does that even make sense?
  • imageTtimes3:
    Total household income, divided by total # in household. Does that even make sense?

    per capita income 

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  • imageMeg41208:

    imageTtimes3:
    Total household income, divided by total # in household. Does that even make sense?

    per capita income 

    Duh - yes, that's the term. Brain still = mush. 

  • imageMeg41208:
    net worth - equity in property, retirement savings, investments

    Yes, but make sure it's called out as liquid net worth. It means less to me that you "own" 17 homes than it does what they are worth vs what you owe. 

  • imageTtimes3:

    imageMeg41208:
    net worth - equity in property, retirement savings, investments

    Yes, but make sure it's called out as liquid net worth. It means less to me that you "own" 17 homes than it does what they are worth vs what you owe. 

    Yes, that is definitely what I meant, I just don't know the fancy financial term for it - for example, owning a $100K house having a $50K mortgage vs. a $300K house w/ a $290K mortgage. 

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  • I'd be interested in seeing the income and spending of families who have one income vs. two.
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  • imageMeg41208:
    imageTtimes3:

    imageMeg41208:
    net worth - equity in property, retirement savings, investments

    Yes, but make sure it's called out as liquid net worth. It means less to me that you "own" 17 homes than it does what they are worth vs what you owe. 

    Yes, that is definitely what I meant, I just don't know the fancy financial term for it - for example, owning a $100K house having a $50K mortgage vs. a $300K house w/ a $290K mortgage. 

    Duh - I see that you specifically said "equity" in your response. Again...zombie mush brain. I just want(ed) to make sure we are all speaking the same language when we are reading/interpreting the questions.  

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