Anonymous wrote:
Anonymous wrote:Lol. Nope. My kids work every summer. Maybe that’s a rich kid thing.
Stop it. You don't have to be rich to go to EU. Or make over minimum wage to do well in life.
You have to be really good with money. I double my minimum wage when it comes home thanks to credits, deductions, and then double it again every year inside my Roth.
My kid will not be on my tax return as he would get a lot more money back being on his own. The refund would pay for his college.
Having money is little bit of work, but mostly knowledge. Your kid can be a rich kid too if they only knew that money doesn't come from work only. Your kid could have doubled the money and then spend what they earned. Now they don't even have experience doing it.