Jennifer E. Thomas (j3nny3lf) wrote,
Jennifer E. Thomas

  • Mood:

Big tax refund coming in and plans

So we didn't file for 2006, because we didn't actually have to.

But then, when we filed for 2007, I learned about this amazing thing called Earned Income Credit, where families that earn less than some pre-determined amount for each year qualify for extra money back on their refund.. over and above what they paid in to their taxes. For 2007, this was nearly $5000, which we used to prepay our rent and some bills and stock our freezer up.

For 2006 it's a lot less, only $2500, but that's still a nice chunk of change to get just for living on SSI and a teaching fellowship and having children.

Anyways. We've got plans for this money. Most of it will prepay rent again. It's really nice knowing that we have several months rent to our credit, and then paying half rent for a while.

But Sam has promised me $3-500 for crafting supplies. I'm on to a couple of really lucrative craft ideas and some good local venues for selling them, and I am going to get my butt in gear and make crafts for sale. I am GOOD at crafting, and these ideas are easy, inexpensive, and should sell nicely.

And I'll be ordering business cards, too. Yeehaw.
Tags: crafts

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