Economics

Minimum Wage Mom Is Apparently a Master Accountant & Financial Genius

The internet is applauding a single mom after she revealed online Wednesday how she spent the money she received in her tax refund.

Christina Knaack, from Gaffney, South Carolina, posted a photo of a receipt for $5,400, which she says, was spent entirely on rent for the year.

“Instead of buying my kids the latest Jordans or fancy electronics I paid my rent for the YEAR,” Knaack wrote in a Facebook post which has since gone viral with more than 100,000 shares. “I’m a single mom and I do it all buy myself on a minimum wage job. I know that a roof over my kids’ head is what’s important.”

Okay firstly, what she’s doing is admirable.  Good on her for doing the right thing and not being ghetto rich with her windfall.

But honestly?  How does a minimum wage single mother get a $5400 tax refund?  Seriously.  There’s no way in sweet hell she paid enough in income taxes throughout the year to have added $5400 extra into the kitty, so while everyone is praising her frugality for what she’s doing with that money, I’m left here saying “That really isn’t her money…”

Source: Single mom’s tax return message goes viral – CBS News

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