Originally Posted by dealic
I am so happy for you Katreena! Even though you knew it was coming, I am glad you have the money in your hands now. There is such a difference between having something, even if it isn't much, and having nothing. Are you still planning to apply for foodstamps now that you have proof of income? That would be another thing to look forward to, to lighten your load now.
Oh, we already applied for food stamps.
My husband was able to take in a letter from his employer stating his expected earnings (hours/week plus what his hourly wage is).
We were denied because:
1. I have a 401k ($4,230) from a job in '98 - the only job of many that ever offered a 401k plan.
2. My daughter's have a joint savings account created with their annual PFD's ($4,600)
And the rule is, if the family has a total of $2,000 or more in assets (savings, IRA, college fund, etc.), then no matter your income, food stamps are denied.
I've already been mad about that and then got over it.
I can't believe my daughter's (ages 2.5 and 15.5 months) have more in savings, (to use toward college, house, car, whatever they choose when they're adults), than I have at the age of 33 to retire on whenever that time comes.
But I know I'm doing the right thing for them.
I don't want them to be 18 and penniless as I was.
I want them to have money for college like I didn't.
Or for a house if they choose not to attend college.