youngatheart
Carpal \'Tunnel
Reged: 09/03/05
Posts: 9400
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Re: Child support modification when a new baby comes
09/12/11 11:24 AM
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>>>Nothing personal, but are you sure you don't get $40k or more?<<<
I'm quite positive I know what my income is a year.
>>>Good family medical insurance is almost $2K/month out of pocket, or are you paying your own? Then there's child support, spousal maintainance (if that applies), working family credit, earned income credit, daycare assistance, subsidized housing, food assistance, ect.<<<
I don't get subsidized anything, except for EIC, which puts me right at what her husband makes...AFTER his taxes and child support.
>>>I only state this as I've heard many say they only had 10 or 20 thousand to live on, but when you added in all the non-taxable stuff, they might have $60K as a taxable income if they were earning it.<<<
Nope...not me.
>>>A poster at another board I frequent was bewildered when she got a teaching degree and full time job....and found she was financially in better shape not working.....it's one of the weaknesses of the system...many folks become dependent because of the learned helplessness that comes with knowing doing all the right things can make you financially less secure.<<<
I've always done the right thing...which is why I still struggle.
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