I’m glad Baldo is saving money, but a little bothered. If, say, Baldo is working 20 hours a week, even at minimum wage (considering his boss) he would make about $7,500 in a year. While he won’t get the FICA deductions back, Baldo would be exempt from income tax and so he ought to have a net income of over $6,500. So if he only has a little under $3,100 saved, that means Baldo spent more than half the money he made, and since he doesn’t pay rent or buy groceries, where did that money go?
Templo S.U.D. almost 7 years ago
Then why have a shoebox wherein to hold cash?
texasbob almost 7 years ago
well done Baldo!
Plods with ...™ almost 7 years ago
Whoo hoo! Only 5 years to go.
animemom50 almost 7 years ago
I’d be very proud if he was my kid, especially with so much pressure to buy this gadget or do this activity.
jackianne1020 almost 7 years ago
See, Papi? Baldo does listen to you. He just did things his way.
Cameron1988 Premium Member almost 7 years ago
Whaaaa? He’s more responsible than Jeremy Duncan, and Dustin Kudlick
Linguist almost 7 years ago
Good for Baldo !
As a kid, I never considered the money I put in the bank, as cash. Sort of, out of sight – out of mind, savings.
To this day, I figure that, I can’t spend it, if it’s not in my pocket.
I don’t carry credit cards ( too tempting ) but do carry my debit/credit cards, for emergencies.
BeniHanna6 Premium Member almost 7 years ago
Now there is a young man with a good head on his shoulders.
Darsan54 Premium Member almost 7 years ago
I got totally suckered on that one. Good job Baldo and good job Dad for teaching him some financial responsibility.
GaryCooper almost 7 years ago
Actually, Baldo has had that job for more like 10 years.
DanielDrummond almost 7 years ago
I’m glad Baldo is saving money, but a little bothered. If, say, Baldo is working 20 hours a week, even at minimum wage (considering his boss) he would make about $7,500 in a year. While he won’t get the FICA deductions back, Baldo would be exempt from income tax and so he ought to have a net income of over $6,500. So if he only has a little under $3,100 saved, that means Baldo spent more than half the money he made, and since he doesn’t pay rent or buy groceries, where did that money go?
Sailor46 USN 65-95 almost 7 years ago
He’s a long way from getting that ’64 Chevy Impala.