<p>i wouldnt call 60k a year with 4 kids really really poor</p>
<p>^lawl, that’s pretty dirt poor^</p>
<p>It’s not poor, but how are you saying you know how much their family makes? sounds like you’re making this little “story” up. Most people don’t even know what their own parents make, let alone 2 random kids in your brothers grade parents income.</p>
<p>the average SAT scores for the richest people in America is only like an 1160/1600 or something
there was a Forbes article about it a while back
perfect test scores dont make someone a smart business person. I would actually be willing to argue that perfect scorers as a whole make less money than people who score lower. i know this is a generalization but i would say that many perfect scorers don’t have the best social skills…important for business. and the super genius’s of the world are the ones who ultimately get hired by big companies and universities to do research. they dont make tons of money</p>
<p>I heard somewhere that after an 1100/1600 income level actually goes down. </p>
<p>Sorry for just throwing a random stat out, but I thought it was interesting…</p>
<p>Most people that get incredibly high scores have greater ambition than to make a lot of money. Why go into business when you can (try to) cure cancer?</p>
<p>A two-income household making a net 60k/year (before taxes?) with four kids is pretty poor, assuming both parents are working full time jobs and living in the US.</p>
<p>Business is way easier than cancer if you’re in the market for money, lol. </p>
<p>Back to the OP – there’s a direct correlation between parental income levels and SAT scores (which I imagine is caused by better educational resources with respect to the SAT and not intelligence but that’s not for here, lol) and a D.C. between parental income and offspring’s income, so unless their respective causal mechanisms are, like, diametric opposites, I’d think that there’d be some overlap. That being said, and assuming that higher SAT scores tend to be coupled with greater college opportunities and acceptances and graduation rates and whatnot, and there being some rather firmly established statistical correlations between education level and income, I would say that higher SAT scorers make more money on average than lower SAT scorers, lol.</p>
<p>Oh, and isolated instances are useless! ;D</p>
<p>Talk about ego boosting lol (just kidding ChoklitRain :))…</p>
<p>But to address, the topic. I’d say the make a good amount, maybe slightly above average. The ones who make the most are the well rounded people, with good book smarts and street smarts. People who know how to connect with other people, good social skills.</p>
<p>As an adult who took part in a 20 year study of kids with a certain IQ range I can give you an approximate answer. The final study results concluded that while we had a higher number of professionals in our group, had a greater representation at top colleges, we also had a greater number of suicides, dropouts and drug users than is the norm.</p>
<p>Ultimately it’s what you do with your talent, how hard you work and not some arbitrary score or IQ. I think that with a 2400 this is especially true because unless the stars align perfectly everytime you take the test you won’t be “perfect” each time.</p>
<p>^That’s why I think Flowers for Algernon is a great book.</p>
<p>My economics teacher got a 1600 on his SAT… but he’s a teacher.</p>
<p>Score doesn’t mean you’ll make anything, just mean you’ll likely get what you want.</p>
<p>I would hate to score a 2400. I’d gladly settle in the 2300s.</p>
<p>It’s not all about being robot-smart. I’m happy and content with my A- self. After all, if I was meant to be a genius, I am sure that Jesus would have made me Asian.</p>
<p>I know a lot of people who scored ridiculously high on the SAT and lack any common sense whatsoever. I wouldn’t be surprised if there was very little correlation between SAT scores and salary.</p>
<p>Meh, is SAT that big of a deal/that difficult? I wouldn’t know because I haven’t done a single SAT problem or even looked at one in my life, but eh, I’ll find out like 2 years later as a senior when I take it.</p>
<p>On a side note, I don’t know how much that PSAT thing related to the actual SAT, but I was forced to take the former and I slept through most, bsing a lot and etc and I ended up with a 205/260 (which is like a C+ or so, I heard, so it’s not bad IMO)…these standardized tests are meaningless.</p>
<p>That was my first encounter with a PSAT style kinda question, but meh.</p>
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<p>Are those your scores from this year? …because the PSAT is out of 240 points</p>
<p>I live in a two-income household that brings in 60k a year (pre-tax). We have three children in the family, and we aren’t considered poor. I think you guys might be a bit biased considering many of you saying that 60k is “dirt poor” probably live in Cali with affluent parents. We are middle-middle class. You have to look at geographic location too. We live in rural Iowa, where everything is less expensive. For instance, we live on a nice, 6 acre plot of land in a (I think, roughly) 2500 sq ft, two story house. It cost my parents 90k to buy back in 1990. We don’t live beyond our means and we also do not live an extravagant lifestyle. There’s stress in the house regarding finances from time to time, which I do not enjoy. But, I really wouldn’t want to live much different. I wouldn’t want to be a snooty, spoiled brat and I would not want to be any “poorer” either. So, to conclude, 60k is NOT dirt poor. It’s not even poor, it’s middle class where I am from.</p>
<p>Neal, just wait until you come out to one of the more expensive places to live. I had such sticker shock while looking at apartments. I’m paying about 50% more for half the apartment!</p>
<p>Lol, yea, I’ve heard of small apartments costing ~100-200k … I just laugh because around here, 100-200k in the country could buy you a very nice and very large house. Though, we do make less per year around here, so I think the smaller income/lower costs balances out.</p>
<p>NealJ2K…100,000 to 200,000 for an apartment? Try tripling that…for a one bedroom, if you are lucky. It’s very expensive out here which is why the perception of “dirt poor” is so off. In Los Angeles, a single person renting an apartment has to earn $50,000 to share an apartment and be able to semi-live.</p>
<p>100,000-200,000 for an apartment - Where?!?! Here, in New York, studio apartments in the Ritz were going for $750,000. </p>
<p>My family once thought of selling and going to Florida. We looked at the prices and what we could get. A 12,000 square foot house in a private community with an indoor pool. Say, what? That mansion for my… 1,700 square foot house in a city in New York? </p>
<p>The price always reflects how much can be made in a place. If houses are selling for 25,000,000 - People in the area make that much. When mansions are selling for not even a million dollars, then you can tell that the job market and income is rather dim in that area. </p>
<p>Nothing against it, either. If you make 20,000 and own a house worth 100,000 - It’s the exact same as making 200,000 and owning a 1,000,000 home. Just with a few added zeros.</p>
<p>To kill the cat - I am going to Century21 some homes in Wyoming. See what I can get there!</p>