Health Savings Account-Health Savings Account Info

Momma Moose asked:


I know this isn’t really the right category for this.. nothing they’re suggesting really fits, so I thought this would be the best place to ask… I am a single mother right now.. and getting little to nothing from my son’s father to help me financially.. but that’s a long story and I won’t get into it.

I’m just curious. I’m not actually a waitress, but I was thinking about changing jobs to become a waitress. I currently make too much to be eligible for.. well.. anything (food stamps, WIC, Child Care Assistance.. which is all I care about.. I don’t want cash assistance at all). And after doing my monthly budget between daycare, rent and other bills, I’m actually in the negative at the end of the month which isn’t working. But I make too much gross income (and I get $500 taken out a month for taxes and health insurance.. I make about $1400 a month after everything’s taken out) to be eligable for anything. I’m getting more and more in debt with my family and I want to get them paid back asap and be as debt free as possible as soon as possible… I’ve made some bad financial mistakes in the past and I’m trying to get it all erased so I have more freedom financially to give my son a better quality of life.. But I’m getting nowhere. I don’t even have a dime in my savings account for an emergency. Okay.. I guess I have $0.09 in my savings account.

I was just curious how it worked when a person is waitressing. Do they put in account the tips a person makes, or just what they get in their paycheck? I honestly think I’d make more waitressing than I would at my current job anyway and wouldn’t need any assistance, but I’m just curious.

Or if I stick with my current job.. do they put into account the amount you have to pay in bills and child care or do they only care about gross income?

I know.. it sounds bad. I’m really not big on the idea of using Government assistance but I’m suffering financially. I really want to go back to school so I can get better income so I won’t even put a thought towards receiving financial help.

Would I be better off just going to school full time for a few semesters and just living off of Welfare? Ugh.. that sounds horrible!!! =(
I feel like a terrible person for even thinking about it and asking about it..
I live in Iowa and the limit on income (gross) for food stamps is $1,500. $1,200 after taxes.
My son has been on Medicaid since birth, and is “supposed” to be on his dad’s health insurance, although I haven’t seen the card and I doubt he actually applied.. but whatever.
I can pay my bills, but it only leaves me with $20 left for the entire month for food. My son will be starting on solids here in a couple months and I also have to put into account for diapers and wipes.

I’d rather stay where I’m at instead of waitress, because I know tips aren’t dependable.. I’ve waitressed before at a crummy truck stop and hardly made anything.. I’m figuring if I actually worked at a nice restaurant. But I’m asking merely as a speculation.

My big problem is that I have a car payment of over $500 a month. I know that sounds horrible but unfortunately I’m way too upside down on it to trade it in and I will be stuck with it for a while.. as I said, I didn’t make very financially savvy choices in the past. But I also wasn’t assuming I would have a child when I made said choices.. He was a tota

Dillon Pizzulo

gay white dude asked:


based on these facts do you think I could adopt a child (a baby)

I’m a single male
I have an amazing career, I have investments, and about $35K in my savings account.
I have a clear DMV, and criminal background, I don’t have any health issues
I own my own home and it’s paid for , no mortgage (It was inherited from my grandparents)
I am mature, and I love children.
but i’m only 25

do you think I can adopt?

Craig Brummer

Texas Mommy asked:


What if they prefer not to spend $700 a month on a plan that they use maybe 3-4 times a year but would rather put that money aside in a savings account and just pay off doctor’s appointment and other medical expenses as they can?

What are your thoughts? Do you think they are any less of a parent for not having health insurance?
* One more question: Would you be under the impression that they are a lazy parent who doesn’t put their children’s best interests first? Or would you think that they are still being caring, loving parents who are doing what they feel is best for their family?
I just realized I may sound a *teeny* bit catty… sorry! I didn’t mean to come off that way. I’m just curious for answers and opinions. I’ve heard some people say some pretty awful things about other parents who voluntarily turn down health insurance to pay out of pocket.

Erik Provent

Amy asked:


I currently make $2620.00 every two weeks from my job. ( that is $5240 a month) My mortgage is $1,200 a month and I spend about $250 a month on food and another $300 a month on PG&E, internet, cableTV, and my cellphone, and I spend another $200 a month on things I need like soap, gas and little things. And I have a car payment that is $320 a month. I also pay for my nephew’s medical expensise (he has a heart problem and down’s) which is about $500 a month. That’s a total of $2670 in bills and things. which will leave me with only about $2400.00 for things like diapers and baby formula and all those things. Do you think this is enough for the baby? I currently have $19521.94 in my savings account and health insurance is covered by my job (although I will have a co pay of $600 for the delivery or possibly $1400 for a C-section which is what the savings is being saved for)

Also what kind of things did you give up when you had a baby? I’m thinking of buying Suave shampoo instead of the expensive stuff, and using vinegar instead of fabric softener, and getting rid of my iphone for a Metro phone, what other things could I give up?

sorry I asked this question again but my lest question got deleted and I realized I did the math wrong on the last question. Please note i’m going to be a single mom and i’m going to be on paid maturnity leave for only 45 days which means i’ll have no income if I go ahead and take the 115 days i’m allowed.

Art

TD asked:


If my son obtains shots (for free) at the Department of Health (immunizations), is there a need to see the pediatrician at 2 mos, 4 mos, 6 mos, 9 mos, 12 mos, 15 mos, and 18 mos just for a physical exam? My mother-in-law just took her sons to the health clinic for shots when they were younger and the primary clinic if they were sick, but bypassed the ped’s office due to cost. We are overqualified for medicaid and uninsured ($600 a month for us – employer’s insurance is expensive). We have an emergency savings fund and a flexible spending account for healthcare.

Garret Annal