Wic & Foodstamps, selling houses, assets, etc.

Budget101 Discussion List Archives Budget101 Discussion List Wic & Foodstamps, selling houses, assets, etc.

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      These are the nation-wide income guidelines. The first set of

      numbers is for the continental US. The 2nd set is for Alaska, the

      3rd set is for Hawaii.

      continental us

      monthly twice-monthly bi-weekly weekly

      1 18,130 1,511 756 698 349

      2 24,420 2,035 1,018 940 470

      3 30,710 2,560 1,280 1,182 591

      4 37,000 3,084 1,542 1,424 712

      5 43,290 3,608 1,804 1,665 833

      6 49,580 4,132 2,066 1,907 954

      7 55,870 4,656 2,328 2,149 1,075

      8 62,160 5,180 2,590 2,391 1,196

      Each Add’l Member Add 6,290 525 263 242 121


      Annual Monthly Twice-Monthly Bi-Weekly Weekly

      1 22,663 1,889 945 872 436

      2 30,525 2,544 1,272 1,175 588

      3 38,388 3,199 1,600 1,477 739

      4 46,250 3,855 1,928 1,779 890

      5 54,113 4,510 2,255 2,082 1,041

      6 61,975 5,165 2,583 2,384 1,192

      7 69,838 5,820 2,910 2,687 1,344

      8 77,700 6,475 3,238 2,989 1,495

      Each Add’l Member Add 7,863 656 328 303 152


      Annual Monthly Twice-Monthly Bi-Weekly Weekly

      1 20,850 1,738 869 802 401

      2 28,083 2,341 1,171 1,081 541

      3 35,317 2,944 1,472 1,359 680

      4 42,550 3,546 1,773 1,637 819

      5 49,784 4,149 2,075 1,915 958

      6 57,017 4,752 2,376 2,193 1,097

      7 64,251 5,355 2,678 2,472 1,236

      8 71,484 5,957 2,979 2,750 1,375

      Each Add’l Member Add 7,234 603 302 279 140

      The first number for each row is yearly income. The 2nd is monthly.

      3rd is if you get paid on the 1st & 15th, or 15th & 30th of the

      month. The 4th is if you get paid bi-weekly, and the last is if you

      get paid weekly.

      If you fall into those numbers, based on how many people are in the

      house, you will qualify.

      wic is much more relaxed on guidelines than foodstamps. as long as

      there is a child under the age of 5, and you fall within the income

      noted, you will qualify.

      if you are denied for any reason, but fall within the income

      guidelines, ask for a written note as to why you are being denied


      the guidelines are the exact same, state to state, with the

      exceptions of hawaii & alaska.

      for foodstamps, the income levels do change by state, but the

      guideline is the same for the most part- you have to make at or less

      than 150% of the state poverty level. Meaning, if poverty level for

      a family of 4 is $25,000 a year, you can make up to $37,500 a year,

      and still qualify for food stamps. However, foodstamps also look at

      other things, such as assets.

      If you own a vehicle that you still owe money on, it’s considered an

      asset. If you own a vehicle that’s worth more than a set amount,

      it’s considered an asset. If you own more vehicles than the

      household requires, it’s considered an asset. If you own your home,

      it’s considered an asset. If you own more than 1 home, it’s

      considered an asset. If you have more than a certain amount of money

      in the bank, in cd’s, in money market, etc, it’s considered an asset.

      assets count against your yearly income, jacking it up.

      the reason for this is that if you are sitting on a house that’s

      worth $120,000, and you can’t afford food, they expect that you’ll

      sell it and move to a cheaper housing alternative.

      This is in place to prevent people who do not need food stamps from

      getting food stamps. Basically, you have to be down to your last

      dime to qualify, which is why so many people are able to abuse the

      system, and why people who are just down on their luck have a much

      harder time qualifying for them.

      I understand the resentment, but you have to look at the assets you

      do have before saying you don’t have enough money to buy food. if

      you have a large asset such as a house, and you can’t afford to pay

      the bills, then the most logical way to solve the problem is to sell

      the house, and move into housing that is much cheaper.

      that is how the states look at it. people who abuse the system don’t

      have any assets, for the most part, or they hide the assets under a

      different name, a parent, a brother, a friend, etc.

      the system does have flaws, obviously. but it can work, if you know

      what they are looking for.

      herlean- have you considered transfering your name off the title of

      the house? put it in your husband’s name, and tell them you pay

      rent. tell them you are seperating, but have no place to go, so you

      are paying rent and half the utilities for now.

      if you are doing that, you are considered a seperate household from

      your husband. it cuts your income in half, and removes a dependant,

      but you would qualify for help much easier if it is just you and a

      child, as opposed to a family unit.

      it’s crappy, i get it. i’ve been there before. but you have to be

      willing to go to the lengths they want to get the help. i know

      you’ve asked for help before, and it’s hard to get. we’ve given you

      a lot of information over the past few months, and while it might

      not all pan out, some will.

      i understand the unwillingness to let go of the house, but consider

      all the bills involved with a house-







      house payment

      how much does that come up to?if it exceeds 60% of your monthly

      income, it’s too high. Selling the house might not be your preferred

      option, but in my opinion, the kids come first. If you can’t afford

      to feed them, then you can’t afford that house.

      So many people out there are going through foreclosures because of

      lost work, lost income, and they didn’t think ahead far enough to

      try and sell the house.

      Can you guarantee that in 6 months, you’ll both be working full

      time, and can provide enough income to cover all your bills? If not,

      then you will likely be losing money over the next 6 months, falling

      further and further behind.

      Robbing Peter to pay Paul only works for so long. Shifting the

      amounts by paying smaller here and there WILL catch up, and make it

      10 times worse in the long run.

      My suggestion is that you sell the house, get a cheap apartment for

      a year, save up what you can to pay off your debts, and a year from

      now, buy another home that’s maybe smaller, and cheaper to start

      out. Maybe buy a fixer-upper. They’re not beautiful, but they work,

      and you can add to them as you have the money.

      My examples are this-

      Let’s say you have $14,000 in debt aside from the house. You owe

      $56,000 on the house still (these are JUST examples). You have

      monthly house payment of $850. Your utility bills come to $600 a

      month. Your car payments are $500 a month. Your credit card bills

      are $200 a month.

      Now, let’s say your income is $850 a month. Hubby’s income is down

      because of being laid off. So, if he gets $750 a month from

      unemployment, that means the two of you are making $1600 per month.

      Your bills are $1450 for nessecary things- utilities & house

      payment. That means before paying credit cards or car payments, you

      are left with only $150 per month to get groceries & pay the rest of

      the bills.

      Now, that might be an extreme example. But, if this is the case, if

      you have only a little left each month, then you are losing the

      game. You can’t set money aside to save, you are not able to make

      all the bills, and food is being cut back to cover bills.

      It might sound harsh, but you need to stop looking for a quick fix,

      and sell what you can to cover the debts you can, and get out of the


      Most people don’t have the asset of a house when they get into a

      rough situation. You have 1 major thing that can literally fix your

      problems. Selling it automatically eliminates the house debt.

      Depending on how much you have into the house, you could eliminate

      credit card debt, and car payments, leaving you with 1 less asset,

      but lots less debt.

      It gives you a starting ground for a much easier life a year down

      the road.

      Say you sell the house, and had $15,000 into the house above what

      you owe. Let’s say you owe $9,000 in credit card debt, and $5,000 in

      car payments. You’ve just paid off the cars and eliminated credit

      card debt 100%, leaving you with $1,000.

      Now, let’s say you move to an apartment that only costs $550 a

      month. If the apartment covers heat, water, & trash, your bills just

      got cut in half each month to $300. You no longer owe a credit card

      bill or car payment bill, so your monthly income of $1600 is double

      what you need, meaning you can set aside $400 a month into a savings


      Suddenly, at the end of a year, you have $5800 saved up, counting

      the $1,000 left from the sale of the house. A nice cushion.

      Let’s also say that 9 months from now, your husband is back to full

      time work, upping his monthly payments from $750 to $1200 a month.

      Now you’re making $2050 per month, with bills of $800 per month. So

      for 3 months, you can set aside $1000 a month, making your savings

      $8,800 over the course of a year.

      Do that for 2 years, and suddenly, you’re looking at a cushion of

      $20,800 to put into a new home.

      Granted, the numbers may be off, but the general premise is not.

      You like the school system- I’m sure there are apartments in the

      same school system. You like the house- that’s great, but if you

      can’t pay the bills, it’s an asset you can’t afford. You want help

      with foodstamps, wic, etc, but don’t qualify- you have a way to

      alleviate this by selling the home and living much cheaper.

      I know not everyone here will agree with me, but you have the way to

      alleviate it all yourself, without relying on government assistance.

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Budget101 Discussion List Archives Budget101 Discussion List Wic & Foodstamps, selling houses, assets, etc.