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From what net income does one count?

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Created: 6/2/2022 2:23 p.m

Von: Janine Napirca

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Have you ever asked yourself how much people who belong to the so-called upper class earn net?

Money alone may not bring happiness. But anyone who says it isn’t essential is lying to themselves. While some people feel like they think twice before spending it, others — at least in terms of salary — are so-called upper class.

What exactly does “upper class” mean?

To the Top earners To belong, you don’t necessarily have to drive a big car, fly on vacation twice a year or live in a swanky villa. According to Study by the German Economic Institute you belong to the top ten percent with much less income. For this study, private households were asked about their net income.

According to the German Economic Institute, a family with two children under the age of 14 belongs to the upper class with a net income of 7,412 euros or more. © Monkeybusiness/Imago

According to the study, at what net income does one belong to the upper class?

According to the results of the study, one single person already with a monthly net income of 3.529 Euro to the rich while childless couples from the age of 5.294 Euro belong to the net ten percent. In order to be able to include families with children, the German Economic Institute divided the net income of the parents by a quotient that also takes into account the costs incurred by the children. It follows that a Couple with two children under the age of 14 from 7.412 Euro belongs net to the upper class. (jn)

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