Financial Help

This group is to help new moms with financial difficulties and help with their newborns.

Creator: Jonarah

Members: 100

Money

What can you do if you bought a car a month ago but now can not make the car payments?

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Comments 0

Last reply Jun 9, 2024

Personal loan for CC debt?

I have a high amount of credit card debt (~$20K) among several cards combined. Would you recommend a personal loan to consolidate the debt, or should I just keep making regular monthly payments? I feel like I’m not making much of a dent with such high interest rates…

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Comments 14

Last reply Jan 9, 2024

Al

Only consolidate if you will also cut up and close your CC accounts. Check out Dave Ramsey.

Needing help

Hi I am a single mother of 2 beautiful girls. I am struggling worse then I have ever in my life. With bills and rent and trying to make sure I have everything my children need. I’m currently off work due to a miscarriage I don’t do this at all. I’ve been scared. But I’ve seen so many helpful people on here so I figured I’d do this. Any recommendations of what I could do to try and help me. I don’t wanna spend my Christmas being evicted from my place I am desperate and I’m at my last resort rn. I’m scared anything would be appreciated. If anyone would wanna help me my cashapp is ilovecookies144 1$ would help anything honestly. Even recommendations on what I could do to try and help come up with some money. Please no hate I’m just a mother trying to get by these hard times… and Ik some people have been through the same so if you have negative comments please just keep scrolling past.

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Comments 0

Last reply Dec 4, 2023

Quickbooks mileage advice please

Do i need to add fuel receipts also when adding mileage for trips as i never kept any receipts am in uk . My first year in business and doing my tax returns first time . When adding rent payed every week also do you need receipts added for rent . Council tax and electricity and gas bought?

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Last reply Mar 30, 2023

Finance

I just wanted to talk about finances. I keep getting sued by debt collectors and there getting judgements and winning when I tried everything I can’t afford a lawyer! I recently got a judgment for a $1600 debt and they sent it in the mail saying the debt collector won and I owe 16300 dollars how in the hell is that even possible? Had to be a typo! I’m just curious??!! I’m tired of it and close to filling bankruptcy which I highly don’t want to, or trying to see how I can get out of this or something. I need legal advice

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Last reply Mar 29, 2023

Please help a single mom

Hey everything a single mom I know just gave birth to a little one is struggling so bad she needs help with food. I have given her what I could if anyone would like to help please inbox me

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Comments 2

Last reply Jun 18, 2022

Mo

Can you go to your local state WIC agency? Have you tried applying for Food Stamps through your state? Those would be some steady resources to lean on while struggling.

I love my bf but I'm afraid that his bad habits might be pushing me away.

My bf and I are opposites when it comes to money. He gets more for his pay but rather to spend foolishly, he gives his family loads of money each monthand pay fir all the bills, he has 2 loans paying back and he has no savings. Overall, he never has money. I try to save as much as I can. I lend him money from time to time, I buy gas for his car sometime, and I live withing my means. He says he wants to marry me but I don't see that happening now because of his finances and I don't want to have the responsibility of paying for most/ everything or living an uncomfortable life in the future. His spending habits are embarrassing too. On the other hand, I have a good amount of money that I saved over the years however, I will not tell him about it. My family understands that I'm not getting much money so, they don't pressure me about giving them money, even though I try to do jt as often as I can. On the other hand, he family is not so easy going when it comes to him and his money. They have to get what they want all the times. His mom is not afraid to ask me for what she wants because she believes that her son and I have money. I'm in love with my bf but his unstable finances and poor money habits are preventing me from wanting to go further with this relationship. I also don't mind growing financially with a man, as long as he is willing to make certain sacrifices and work towards growing financially. What should I do?

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Last reply May 23, 2022

business and financial help plsss

Hi! I’d really like advice from a wide women that knows about financials and life… WHICH IS ALL OF YOU 😭💕 I have my business and I love doing it!!! But it’s really hurting my pockets i did a photoshoot recently that took around 9-12K from my bank account. I’m only 20 and that was extremely a lot of my savings and everything I had. Now my business has slowed down and I only have 8K in my savings and I was thinking another photoshoot would really run me a lot again around 6-9K and my business isn’t really making me any money at all and I barely get any engagement on my website or socials. the reason a photoshoot takes a lot is bc of the model wages going up, the photoshoot places, and everything - I do a yearly catalog so it’ll be the only photoshoot for the year. I’m about to graduate college soon and i’m thinking. I have a job now that can get me around 1-1.1K a month, which is okay i guess. If i saved up until december for the photoshoot my personal savings would be only back up to $9-10K and saved around $4-5K for my shoot. Without saving for the photoshoot by the end of the year I could really be back at my 15-17K range in my savings that i had, then i could focus on a real career job (my major) , pay my tuition and continue on. I do love my clothing business and it’s my passion but it’s hurting me financially and i won’t be able to pay back my tuition like this… or even think about moving out….. and my business also stresses me out a lot. I would love some advice on should i keep my business or not and if i’m making good financial plans and risk. Idk i would just love to talk to someone about this pls.

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Last reply Mar 30, 2022

Struggling financially

Hi there, so I’m currently behind on bills.. $1500.. the reason this happened is due to me only having enough for rent each month (1450) and then only 50$ left for groceries. I live in Ontario so luckily they can’t cut anything off until it warms up but what do I do.. my phone as well is $500 overdue and going to be fully disconnected March 7th if I can’t pay it.. im just asking for advice on what I can possibly do.. I have 0 friends and family and I have a 2 year old daughter as well as im 32 weeks pregnant. Any advice please :(

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Comments 2

Last reply Feb 27, 2022

Br

I know things vary by location, but my mortgage for a 3k sq ft house is not much higher than your rent. Is moving to a less expensive place an option? Can you lessen your cell phone to a non-smart phone? I understand you need a phone, but maybe get one that just makes calls/texts.

Irs letter

Irs sent me a letter saying “if they can’t complete they review by monday they’ll contact me and provide a date for response” will they contact me exactly on monday or no? Its been a year smh

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Comments 10

Last reply Feb 22, 2024

M

A year!?😳 They’re constantly “reviewing” ours too every single year and we couldn’t be a more basic tax return- 2 w2s and three kids. No special circumstances. I’d be losing my whole mind a year in. I doubt they’ll contact you directly on Monday though, I’ve been told the IRS never calls, only communicates through writing.😣

How much longer ?

My TurboTax bar finally filled up yesterday does that mean I should be getting a deposit soon? The irs doesn’t say anything at all and it’s been 21 days

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Comments 1

Last reply Feb 15, 2022

Am

I filed with HR block at the beginning of February and got a text a few days ago saying my return had been accepted. Shortly after I got an email saying that my return was accepted but was being held by the IRS because of 2 different credits on my return - i think it was the school one (my husband is in school) and the child tax credit (we have a 2 year old). They said it would delay my deposit but that I should see it within a month. 🤷‍♀️

Donations & taxes

I have a bunch of baby stuff that my son grew out of and some of it we barely used. Things like a bottle warmer, a bassinet, baby clothes and diapers, a mamaroo, etc.I was thinking about selling those, but honestly would rather give it to somebody in need so their baby can have the things mine got to enjoy as a newborn. So I would like to donate these things to a women+children/family shelter. With that said... I would still like to write those things off when I do my taxes next year. Question is, is there a limit on how much I can write off? Do I need to keep a list of things I’m donating? I usually use TurboTax and do my own taxes, so some things I don’t know how they work.

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Comments 2

Last reply Jan 12, 2022

Es

I think you can message them (TurboTax) or even call one of their sites to figure that out. We usually get a slip with the information for the donation to fill out ourselves, we donate to Goodwill all the time.

Cal works/cash aid

In order to get cash aid, does the father of your baby need to be put on child support? I told my case worker we’re not together but he still is actively In my sons life. But he said I still need to fill out an absent parent form. My child’s father & I are on good terms, I don’t want to put him on child support. Thanks

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Last reply Jan 6, 2022

1099 Filing

Does anyone work in finace/accounting? I need help!I started a job working in accounts payable position a few months ago and this week the person that had been training me quit on the spot, didnt leave any SOP or notes about 1099 filing that's coming up in January, Which is my respnsoblity to get done before January 31st. I've been trying to find some classes online that can walk me through it but cant seem to find anything helpful. It's tough cause no one else in our office including my supervisor seems to know how do them and because it's something position normally handles it's up to me to figure it oit. When I applied for this job I told them I had no experience in 1099 filing and they assured me I would be trained and now I'm left stuck. Can somone please help me prepare for this? I would truly appreciate it.

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Comments 7

Last reply Nov 5, 2021

G.

Basically each subcontractor, or employee that they pay cash, this is how the company tells the IRS how much money they are paying other people, this way it lowers the companies liability for taxes, because they are paying and subcontracting employees. It’s basically the total that is paid to each person that gets reported to the IRS on a 1099, for instance John Smith You pay John Smith 45,000 for the year, it gets put on the 1099, a copy goes for the company, a copy goes to the IRS, A copy goes to John Smith, and if there was a fourth for your state tax. John Smith is responsible for paying the taxes for what he is paid. So he does a tax return for self-employment, he deducts his expenses from the 45,000, and his bottom number after all of his deductions is what he is taxed on. I’m sure somebody had to have done the bookkeeping until you got there, keeping track of how much each person is paid, unless they are paid weekly or they are paid monthly or they are paid per invoice, whatever it may be. But that’s the basics of how they get cut basically to the IRS into the individual etc. by using 1099s it reduces the tax liability for the company, they do not owe them any benefits. That is the basics.

Question about benefits website

So I’m applying for benefits on the YourTexasBenefits website. It’s asking for my citizenship and since I’m a permanent resident, what do I put for Document ID? This is the part where I don’t know. All I have is the physical green card.

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Comments 1

Last reply Aug 10, 2021

Ka

I’m sure there’s a number on your green card, right? It’s asking what documentation you have, which is a green card. Then it’s asking for the ID on the documentation, whatever that may be. Which in your case is a green card. This is how I read it.

Financial help!!!

So I recently feel like I have been low on money. I save 23 percent of my income for retirement, and save an additonal 100 for my Roth IRA monthly. I have bills like everyone else. But i also save a lot each month into my long term savings and this month I feel like I am just going to make it in my checking account to pay off all my bills and not over draft. I’m 26 years old. It was my fault for saving too much but I have been trying to save as much as I can and I love saving money. I’m a saver. I am also trying to get a part time job as my full time doesn’t pay an awesome amount. 45000 a year. It ain’t great. So anyway should I do 50 a month for my Roth IRA? Just to save a little and have a cushion in my checking account? I have a good amount in savings a little over 17,000 but some of that money is for home renovations and the other is for long term savings to never ever touch. I had to stop some of my savings this month as I ton of money has been taken out because I went overboard saving🤦🏻‍♀️

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Comments 11

Last reply Aug 2, 2021

Ka

My husband can help! Message me!

Fire Victim First Time Mom 35 Weeks Pregnant

My name is Lisa I am 22 years old and 35 weeks pregnant with a baby boy. Last week on Thursday morning I was one of the individuals that was a victim in this huge fire on Rosemeade parkway in Dallas Tx. It was around 3am in the morning when my dog started barking nonstop I just thought maybe she had to go to the bathroom. When I got up and got dressed to take her out I heard all these people yelling and looked out of the patio door and saw fire in the apartment next to mine it was totally engulfed in flames. We had to act fast. I started grabbing everything I would need such as keys and my phone and quickly put some clothing on. My smoke alarms were still not going off at this point. I was going to try and go out of the front door and down the stairs but when I opened the door the fire was already at my door. At this point my fire and smoke detector were still not going off and never did until the fire was in my apartment. I had only one other option the bedroom window. I got to the furthest bedroom from the door with my dog and closed the bedroom door while I figure out what my next step was. First i had to open the window and get the screen off of the window by kicking it out then I had to get my dog out she was terrified but I picked her up and had to drop my poor baby out of the window to safety after that I jumped out after her and ran to the car. It is still under investigation as to what exactly started the fire, but the occupants of the apartment that caught fire were caught on video walking down the stairs the man first with his dog an he just stared up at the fire not notifying anyone then the female she got down the stairs looked up at the fire and then they both walked off like nothing was going on never notifying anyone of the danger they were in or notifying the fire department. If it weren’t for my dog I would not have made it out of this as quickly as I had or at all. I got out of my apartment about 3:05am and it was 5-10 minutes before the fire department showed up. It took them a good hour and a half at least to put the fire out. The flames where so big and just kept coming back. I had moved myself and my dog across the street while the Fire department was doing their job and I could see the flames above the building. That morning was so crazy!! The office of the apartments opened at about 4:30 am to collect the names of people who were effected by this fire to displace them into a hotel. They ended up putting me in a hotel that didn’t except dogs knowing I had a dog. The hotel said to put the dog in a shelter now why would I leave the dog that saved my life and was terrified and confused as to what was going on alone in a shelter over night that wasn’t very considerate of the people at the apartments.I ended up having to sleep in my car that night after I had to spent the a majority of the day at the hospital getting all kinds of tests done to ensure the safety of my baby since I had to jump out of the window the babies blood could have mixed with my blood causing a a stop of blood flow to the baby and the placenta could have been dislodged or gotten damaged from the impact of my feet landing on the ground even tho I didn’t hit my stomach going down. I wasn’t able to go back to the apartment until later that day to access the damage and when I got there after everything that had happened I was absolutely devastated I just moved in to these apartments not even a 2 weeks prior to this and now my apartment is totally destroyed and I lost everything. My stroller system was thrown on the ground outside ruined soaking wet smoked out with parts of the ceiling and roof in it. I could see some of my shoes under the ceiling parts that were thrown out of my apartment. And I hadn’t even been inside yet I could tell that the room closest to the door had fire damage due to the way the outside looked it was all burnt up and I could see the roof was missing. As I went up the stairs it was more clear I probably don’t have anything left. As I walked in the front door everything became real I really lost everything in my apartment the fire came all the way into my apartment half way through the living room and the rest was smoke damaged and water damaged. It was hard seeing that. Then the insurance I had through the apartments won’t help pay for any of my personal belongings that I lost and I hadn’t had the opportunity to change my insurance from my old apartment over to the new apartment. I have to start all over with my baby items 5 weeks before I give birth. If you could help out in any way it would be greatly appreciated.

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Comments 7

Last reply Mar 23, 2021

Ty

Reach out to your local government agencies, churches, and other places that will help you. You will get the help you need.

Split custody and stimulus check

For those of you with split custody, how did you guys handle the stimulus check with the other party involved? Split it?

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Comments 3

Last reply Mar 18, 2021

Mr

This is not the right group for this, this is the controversy corner.

Stimmy check

HIIIII DOES ANYBODY BANK WITH BBT/Truist???!!!! My stimulus was a pending deposit yesterday and Saturday! But now its not there, when I call the automated system.. it says nothing!! What does that mean? HELPPPP!!!!!!!!

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Comments 2

Last reply Mar 16, 2021

A

If you have debt, apparently debt collectors are taken the money. Idk if that’s true or not. 🤷🏼‍♀️

Can debt collectors take your tax refund you get for your child dependents?

I had a car and it was repossessed due to me being able to pay while I was on maternity leave and my maternity leave wasn’t paid. I got a letter stating they were asking a judge to garnish my taxes. My question is can they touch the money I get for my child dependent from my taxes?

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Comments 8

Last reply Mar 13, 2021

Sh

Not unless its like federal loans stuff like that. But not private collectors no.