$350 shoes, multiple video games, out to eat a few times, Lego sets, $100 at the candy store, clothes.
This is what the OPs husband spent it on
I live in Texas (no state tax), have 2 kids, and make about 40k a year. I don't claim any exceptions for payroll taxes so my tax returns are usually 10-12k after the earned income credit.
Why wouldn’t you adjust your withholding rate ?
Because I prefer to get a lump sum of money once per year than extra income each month. I take that money and I put half into an emergency fund and the other half goes into an account for my kids that I use to pay for summer camp, field trips, extra curriculars, Christmas & bday presents, etc.
Why yes waiting a year to get 25% of my income makes sense.
By not planning properly. They are making mistakes all over the financial board most likely
-2
One MacBook pro. My wife and I bought two of them this year... Quick way to blow $6k
You see a lot of weird comments like this in a sub talking about poverty. Bunch of responses justifying Apple product after.
Jump in the discussion.
No email address required.
Boy I sure do love giving the government interest free loans with my money!
Jump in the discussion.
No email address required.
More options
Context