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Originally Posted by boysRsmelly
LOL! Well, my husband's friend was actually able to get food stamps somehow while he was in college. I found that rather odd because your total assets cannot be more than $1000 and that includes your car.
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Usually one car is exempt per family. As is your retirement plan (I think - double check with DHS before you exclude anything...haha) It's also hard to get them without having kids.
The whole money thing is blown out of the water when you consider the cost of accidents and healthcare. At least if he were on a group plan and you guys had a kid (accidents happen) your healthcare would be covered and the kid would have coverage when they were born. Hey, I can't talk...my husbands self employed too...but he didn't go full time self employed until I started working (after I got out of college - but he's a little older than I am) I am a spreadsheet nerd so I would work up a spreadsheet with "what if" scenarios on it, and show the true amount of your earnings.
Disability is another thing to think of...what if your husband cut his whole hand off? He wouldn't be able to work!!! If you work in a factory, and it happened there they would have to pay for all your medical care...plus the short term disability normally would pay 100% of salary for like 12 weeks or so, then long term would pick up at 2/3 salary...
I work for a big company, and we have health insurance, dental insurance, vision insurance, life insurance, disability insurance...some of it 100% paid some of it merely subsidized...but still cheaper than getting comparable plans by yourself.
When you work, your pay is only a portion of your total package. Usually your benefits are 30% more than what you are actually paid. You get retirement, time off, life and disability insurance...and most factories have tuition reimbursement so if your husband got a job at a good factory, they would eventually (usually after one year) pay for tuition. That is how my husband got his engineering degree...and the best part is that up to $5,250 in tuition paid by an employer is excluded from your income taxes...so that's an extra free $5,250...some places even pay for dependent tuition. My dad worked for GM and they paid about $1,250 per year for me (but that was taxed back to my dad, so the benefit was more like $800 - but it's still somethign)
Okay. Through with my analysis...just trying to help a fellow bag lover get some $$$