{"id":8442,"date":"2015-02-26T11:06:24","date_gmt":"2015-02-26T17:06:24","guid":{"rendered":"http:\/\/www.coolchecks.net\/blog\/?p=8442"},"modified":"2015-07-25T17:26:26","modified_gmt":"2015-07-25T23:26:26","slug":"what-would-40-do-for-you","status":"publish","type":"post","link":"https:\/\/www.coolchecks.net\/blog\/managing-money\/what-would-40-do-for-you.html","title":{"rendered":"What Would $40 Do For You?"},"content":{"rendered":"

\"A<\/a>
A $40 increase in income means a lot.<\/figcaption><\/figure>If Congress doesn\u2019t extend the payroll tax cut, it will mean a typical family earning $50,000 annually will lose about $40 per pay period to Uncle Sam. In this day and age, is $40 even worth quibbling about?<\/p>\n

A White House open survey of American households indicates that $40 can, in fact, mean a lot in some households. Responders to the White House<\/a> site offered these perspectives on what the loss would mean to them: <\/p>\n

To an individual in Oregon, \u201cForty dollars means the difference to me in buying gas or paying my electric bill. I am disabled and so I am on a very extremely tight monthly income.\u201d<\/p>\n

\u201cThe $40 means that my kinds can continue to wear decent clothes and I can afford to give them opportunity to participate in school programs that are not funded through the state and federal funding,\u201d said a Minnesota parent. <\/p>\n

A Massachusetts response indicated that the individual would be unable to help a brother in serious need. \u201cThe $40 I would lose is money I send to help my brother. He has had a myriad of health problems over the past two years and has only been able to work intermittently. He recently was diagnosed with inoperable cancer and has no health insurance. Some say it isn\u2019t a lot of money, but my brother wouldn\u2019t have food in his refrigerator without it.\u201d<\/p>\n

\u201dForty dollars less per pay check means I will have to pick between my insulin and the water bill. It means never being able to see my doctor, even though I have insurance,\u201d wrote a New Mexico resident.<\/p>\n

From Texas came a similar response: \u201cForty dollars per paycheck allows me to continue to pay co-pays to doctors for necessary medical treatment needed to control debilitating disease.\u201d<\/p>\n

For her family of five, the $40 means a home-cooked meal or new clothing for two of her children, explained a writer from Alaska.<\/p>\n

The amount is HUGE, according to a California resident. \u201cI am supporting my adult daughter and her four children.\u201d<\/p>\n

\u201cThis is nearly what a typical electric bill costs me each month,\u201d wrote a Floridian. \u201cMine usually runs $40-$50, even though I can\u2019t afford heat or air. <\/p>\n

The forty dollars per paycheck is what \u201callows my son to have hot lunches at school,\u201d said a responder in Hawaii.<\/p>\n

For many many Americans just a small amount makes a difference to the quality of their lives. <\/p>\n","protected":false},"excerpt":{"rendered":"

If Congress doesn\u2019t extend the payroll tax cut, it will mean a typical family earning $50,000 annually will lose about $40 per pay period to Uncle Sam. In this day and age, is $40 even worth quibbling about? A White House open survey of American households indicates that $40 can, in fact, mean a lot […]<\/p>\n","protected":false},"author":53,"featured_media":8449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[20],"tags":[458,583],"_links":{"self":[{"href":"https:\/\/www.coolchecks.net\/blog\/wp-json\/wp\/v2\/posts\/8442"}],"collection":[{"href":"https:\/\/www.coolchecks.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.coolchecks.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.coolchecks.net\/blog\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/www.coolchecks.net\/blog\/wp-json\/wp\/v2\/comments?post=8442"}],"version-history":[{"count":0,"href":"https:\/\/www.coolchecks.net\/blog\/wp-json\/wp\/v2\/posts\/8442\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.coolchecks.net\/blog\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/www.coolchecks.net\/blog\/wp-json\/wp\/v2\/media?parent=8442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.coolchecks.net\/blog\/wp-json\/wp\/v2\/categories?post=8442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.coolchecks.net\/blog\/wp-json\/wp\/v2\/tags?post=8442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}