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5 smart ways to use your upcoming child tax credit payments to get ahead
Posted on 6/20/21 at 7:34 am
Posted on 6/20/21 at 7:34 am
Per CNBC
What would you add/change
1. Fund your emergency savings
2. Pay down debt
3. Increase your health savings
4. Invest in your kids’ education
5. Opt out
What would you add/change
1. Fund your emergency savings
2. Pay down debt
3. Increase your health savings
4. Invest in your kids’ education
5. Opt out
11
Posted on 6/20/21 at 7:48 am to pioneerbasketball
6. Use it to help pay for daycare
Posted on 6/20/21 at 7:50 am to pioneerbasketball
Stock up on Jordans
Posted on 6/20/21 at 8:04 am to adamau
Give the money to BLM, you fricking mayos
This post was edited on 6/20/21 at 8:07 am
Posted on 6/20/21 at 8:14 am to pioneerbasketball
Send money to your favorite black influencer's cash app/venmo/PayPal.
Posted on 6/20/21 at 9:04 am to GrizzlyAlloy
When can I opt out? I'm not trying to pay penalties because I took early payments.
Posted on 6/20/21 at 9:13 am to GrizzlyAlloy
quote:
Send money to your favorite black influencer's cash app/venmo/PayPal.
quote:
Give the money to BLM, you fricking mayos
quote:
Stock up on Jordans
As a mostly lurker, I know I'm shouting into the wind, but can we please keep the OT/Politics board responses on the OT/Politics board? This board has always been better than that.
Posted on 6/20/21 at 9:20 am to Deuce McWin
quote:
As a mostly lurker, I know I'm shouting into the wind, but can we please keep the OT/Politics board responses on the OT/Politics board? This board has always been better than that.
Being 100% honest, saw a pioneer basketball thread and completely forgot I was on money board rather than OT. my bad
Posted on 6/20/21 at 9:32 am to pioneerbasketball
Fund Roth IRA
Posted on 6/20/21 at 10:04 am to pioneerbasketball
I told my wife we need to put it into a separate savings account until taxes come due to see how the Dems fricked up and didn't think about tax effects before buying votes. she got mad at my suggestion of not pissing it away now.
Posted on 6/20/21 at 10:06 am to pioneerbasketball
Can someone tell me how this works? This for 2021 or 2020?
Posted on 6/20/21 at 10:35 am to Chad504boy
quote:
Can someone tell me how this works? This for 2021 or 2020?
my understanding of it is that it is a child credit prepayment. so you will get 300 a month this year and the credit goes from 3600 to 1800 (or however much)on your taxes.
Posted on 6/20/21 at 10:46 am to pioneerbasketball
Buy bitcoin
Posted on 6/20/21 at 11:13 am to pioneerbasketball
For me: adding more to emergency fund
The rest will go to debt.
The rest will go to debt.
Posted on 6/20/21 at 11:56 am to Deuce McWin
No because left wing clowns have ruined and infiltrated everything now. Every aspect of life. Go back to lurking. Bye.
Posted on 6/21/21 at 9:07 am to pioneerbasketball
How do I opt out of this
Posted on 6/21/21 at 10:31 am to pioneerbasketball
This is where real inflation will take off. Just printing $250 per kid and mailing it to houses once a month is how you get more people staying home with more money to spend on fewer goods because nobody is working.
If we thought inflation was bad before, buckle up.
If we thought inflation was bad before, buckle up.
Posted on 6/21/21 at 10:49 am to 13SaintTiger
quote:
How do I opt out of this
There isn't a way yet
They say you go online to some website and you can opt out, but that website isn't live yet. The first payment goes out in 3 weeks.....
Posted on 6/21/21 at 2:44 pm to RebelExpress38
But isn't it really just an advance on next years credit?
Posted on 6/21/21 at 4:25 pm to shaquilleoatmeal
quote:
But isn't it really just an advance on next years credit?
It's an advance on the 2021 credit.
This post was edited on 6/21/21 at 4:26 pm
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