Amber's finances - assumptions galore

Moonpie

Ride the Lightening
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I may be thinking too deeply here, but Amber might be trying to protect her money by making a business account. Becky and her family are grifting greedy moochers. In the event of a breakup they'd try to take Amber for everything she has. If the money's in a business fund and Becky's name isn't on the business, it would be harder for her to try to claim it as hers, especially since she isn't in videos anymore. Of course this assumes they would go to court over it and not just snatch the cash out of Amber's tacky purse.

I'm not sure who I want to win in this situation. If Amber keeps her money she'll still die of fatness. If Becky's family drains her dry, they'd maybe take a week to spend it all on restaurant food and worthless trinkets, then be back to where they were.
Nah fam. I don't see her as being intelligent enough to think ahead like that.
All she's thinking about is the next meal she's gonna shove in and makeup.
 

Situation Type Deal Gorl

Fuck your feelings, nancypants
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Even though, aren't content creators paid as contractors? That would mean she gets a 1099C instead of a W2. I don't know that she can do a straight up EZ with that. Maybe she can I honestly can't remember how that works.
I'm sure she's too lazy to do the bare minimum, even if they get 1099ed for that adsense coin (which they probably do), so whatever the 1040EZ equivalent is, that's what she'll do. Heck, it might even be an EZ. My accountant handles all my crap and I've happily not touched tax forms except to sign them for a couple of decades now, so I'm not really sure what's what these days.
 

Whatthefuck

kiwifarms.net
I'm sure she's too lazy to do the bare minimum, even if they get 1099ed for that adsense coin (which they probably do), so whatever the 1040EZ equivalent is, that's what she'll do. Heck, it might even be an EZ. My accountant handles all my crap and I've happily not touched tax forms except to sign them for a couple of decades now, so I'm not really sure what's what these days.
The tax question really outlines how childish she really is. Most folks at her age have bought property or gotten married or had children, you know, something that necessitates an accountant. With her tax situation type deal and extremely low IQ it would behoove her to shell out the coin to have a professional handle it.
 

Situation Type Deal Gorl

Fuck your feelings, nancypants
kiwifarms.net
The tax question really outlines how childish she really is. Most folks at her age have bought property or gotten married or had children, you know, something that necessitates an accountant. With her tax situation type deal and extremely low IQ it would behoove her to shell out the coin to have a professional handle it.
Ha. With how fucking cheap she is when she doesn't see an instant benefit to her? Unlikely, even though a good CPA is worth their weight in gold. I can see her eyes glazing over as a CPA or financial advisor tries to explain to her two brain cells the advantages of various things - for sure they'd recommend maxing out an IRA at least, having a savings, etc. Hell, even buying Ts or CDs, or index funds or something that would itself throw off interest or dividends. But I bet the second they suggested putting money away where she basically can't reach it for x period of time without penalties, she'd NOPE right out of there. Immediate gratification is her jam.
 

twi1992

Buckle the Fuck Up Slut, We're Geting Shitfaced.
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The tax question really outlines how childish she really is. Most folks at her age have bought property or gotten married or had children, you know, something that necessitates an accountant. With her tax situation type deal and extremely low IQ it would behoove her to shell out the coin to have a professional handle it.
I don't necessarily agree with the property or children because I have neither but she should have an accountant just based on how much money she claims to be making. Pay an accountant to see them once a month so they can tell you how much you should be putting away for your taxes. I'm sure she has zero idea how much she should actually be putting away even though she SAYS she puts 25% away. If she's making 100k a yeah, I'm sure that isn't enough because 25% is for us poor folk and we usually get money back.
 

Whatthefuck

kiwifarms.net
I don't necessarily agree with the property or children because I have neither but she should have an accountant just based on how much money she claims to be making. Pay an accountant to see them once a month so they can tell you how much you should be putting away for your taxes. I'm sure she has zero idea how much she should actually be putting away even though she SAYS she puts 25% away. If she's making 100k a yeah, I'm sure that isn't enough because 25% is for us poor folk and we usually get money back.
Oh, I completely agree. I should have mentioned that aspect. Any adult whether or not you have kids or property or whatever should, at least by her age and income and income source, really should be planning for the future. She wouldn't understand a word they said so it'd be wasted breath anyway, but again it just demonstrates her immaturity.
 

twi1992

Buckle the Fuck Up Slut, We're Geting Shitfaced.
kiwifarms.net
Oh, I completely agree. I should have mentioned that aspect. Any adult whether or not you have kids or property or whatever should, at least by her age and income and income source, really should be planning for the future. She wouldn't understand a word they said so it'd be wasted breath anyway, but again it just demonstrates her immaturity.
Right. Even if she didn't want a savings (ignorant but whatever), or a 401k (ignorant but whatever) at the VERY least, she should have life insurance. She doesn't love Becky enough to make her beneficiary but she could put down our chad Destiny and throw her and Dana a lovely wedding when she kicks the bucket.
 
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Turd Fergusson

kiwifarms.net
Right. Even if she didn't want a savings (ignorant but whatever), or a 401k (ignorant but whatever) at the VERY least, she should have life insurance. She doesn't love Becky enough to make her beneficiary but she could put down our chad Destiny and throw her and Dana a lovely wedding when she kicks the bucket.
I am not sure if she needs life insurance. Life insurance is needed to replace income for your dependent and I am not sure about her relationship with Becky. How would her weight affect the monthly premium she would need to pay? Finally, since she does not see health insurance as important enough, I cannot see her getting life insurance.
 

Slappy McGherkin

Bartender? Make that a double.
True & Honest Fan
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As one who garnered a 1099 living this year instead of traditional W2, well, "Self-Employment" tax is a bitch. We're talking over 13k just for that and everybody that's 1099 can expect that. Just another way to keep wage slaves on the W2 ticket.

Maybe she realizes it, maybe she doesn't. But ya gotta fork that over no matter how good or bad your business did for the year.

Point being, 13k is a lot of Torrid hauls and Oranjjje Cheeekin.
 

Whatthefuck

kiwifarms.net
As one who garnered a 1099 living this year instead of traditional W2, well, "Self-Employment" tax is a bitch. We're talking over 13k just for that and everybody that's 1099 can expect that. Just another way to keep wage slaves on the W2 ticket.

Maybe she realizes it, maybe she doesn't. But ya gotta fork that over no matter how good or bad your business did for the year.

Point being, 13k is a lot of Torrid hauls and Oranjjje Cheeekin.
When I was on a 1099 I’d just put back a percentage of that in expectation of the tax ass fucking I’d receive. Our gorl doesn’t think that far. That’s probably why she went years without filing. Iirc she thought YT did it for her.
 

Radiant Orchit

kiwifarms.net
I am not sure if she needs life insurance. Life insurance is needed to replace income for your dependent and I am not sure about her relationship with Becky. How would her weight affect the monthly premium she would need to pay? Finally, since she does not see health insurance as important enough, I cannot see her getting life insurance.
Specialist life insurance for people with particular health conditions is a thing, but I can only imagine an underwriter's face trying to work out the risk of insuring AL. Generally, lifestyles that result in certain imminent death tend to cause 'sorry, declined' responses from insurance companies.
 

SituationTypeThing

kiwifarms.net
Ha. With how fucking cheap she is when she doesn't see an instant benefit to her? Unlikely, even though a good CPA is worth their weight in gold. I can see her eyes glazing over as a CPA or financial advisor tries to explain to her two brain cells the advantages of various things - for sure they'd recommend maxing out an IRA at least, having a savings, etc. Hell, even buying Ts or CDs, or index funds or something that would itself throw off interest or dividends. But I bet the second they suggested putting money away where she basically can't reach it for x period of time without penalties, she'd NOPE right out of there. Immediate gratification is her jam.
"The girl told me I needed to invest in CDs and I was like whuuut? I download all my music"
 
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