$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.
This is why some people will always be "poor", even if their income goes up. They just can't imagine putting away money each month.
Jump in the discussion.
No email address required.
Imagine not having enough money so that you can wait 'til tax time for your refund, instead of constantly stressing each month you're putting away enough to pay the taxman on the 15th
Jump in the discussion.
No email address required.
Imagine not owing taxes at the end of the year. Think I owed like $20k this year and I didn’t have to stress and save each month to cover the bill.
Jump in the discussion.
No email address required.
Owe? You dont owe them shit homie its theft 😔
Jump in the discussion.
No email address required.
They’re a bunch of thugs and will get their money one way or another. I’d rather hand it over than get shot by an IRS agent.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Jump in the discussion.
No email address required.
It's not a payout, its your own money they were holding onto interest free.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
I use the treasury department as my piggy bank
Jump in the discussion.
No email address required.
More options
Context
More options
Context