With the election results in limbo and the House of Representatives and Senate majorities from different parties, it is difficult to predict how your family budget will be affected for 2021.
With the pandemic still a serious problem, it probably is a certainty that 2021 will not be like a normal year we experienced before 2020

With the Federal Income Tax rates set for 2021, there is no guarantee if the presidency changes parties that the tax code might not change even for your 2020 tax return. There are some Democrats recommending that the stimulus money be included in your income on the tax return and taxed. That seems like a cruel thing to do when so many people are having such a difficult time financially. The final tax rates and tax code changes usually are not announced until mid January of the following year , or January 2021.

There is also uncertainty for the stock market. If the Democrats win the Presidency and the President changes the tax rates retroactively to 2020 for individuals and corporations, it would probably have the affect of setting off a selling wave on the stock market and retirement accounts would decline. If that philosophy is continued throughout the next four years , it could have a very shocking affect on 401-k’s and corporate stock prices. Talk to your financial advisors after the first of the year and see what they recommend. With a second wave of COVID-19 in progress it is doubtful the economy will fully recover in 2021.

Families should take great precaution in trying to avoid COVID-19. Many stores are offering delivery to your car in a designated area of their parking lots with orders that have been entered on line and paid for with a credit card. The instructions at those sites include asking you to stay in your car and have the door opened where you want their employee to place the groceries. The buyer texts the number given for the order and the store employee brings the order to the car. There is no close contact between the customer and the employee. The drive up windows at fast food restaurants many times have a credit card processor you place your credit card in the processor and remove it. There is no physical contact. Dining in restaurants are a mixed bag, some are allowed 25% occupancy and some 50% occupancy, with sections roped off, masks are required to enter and exit the restaurant but not at the table. Restaurants that were previously dine in are now strictly take out. Some restaurants have added outdoor seating socially distanced to attempt to regain seating lost from the inside restrictions. Big stores like Home Depot require masks and social distancing , and have marked spots on the floor where customers must stand when they are waiting to check out. Some businesses allow a very limited number of people in the store and others must stand outside and wait until the door monitor allows them in. In Arizona , health clubs were allowed to open last month, I still do not feel comfortable going to the health club I have a membership to. When I think of the sweat and wiping down everything it seems like it might be a place to get infected. THERE ARE MANY DIFFERENT ADJUSTMENTS THAT BUSINESSES HAVE MADE IN HOPES TO RETAIN SOME OR ALL OF THEIR NORMAL BUSINESS LEVEL.

Amazon and Ebay have been flourishing with the pandemic because they offer a no contact way to purchase just about anything a family needs including groceries. Also Amazon delivers most items in one or two days so there is very little wait with no shipping cost if the customer has Amazon Prime. Walmart, Target , and Kmart are advertising their products on line. Other companies and suppliers have seen a great increase in orders placed on line.

Churches have had to make significant changes. In Arizona , only fifty people socially distanced with masks are allowed in a church. Some churches have increased the number of services. Several churches in this area allow fifty people in each of three services , and stream one of the services to their Facebook account so people can stay home and experience the service. That church normally had about 1,200 people total attendance at three services. The pastor of a large church in Casa Grande Arizona announces each week on the podcast that they have had viewers from all over the United States and Canada just from watchers forwarding the website address to their friends, relatives and neighbors. The pastor also mentioned that with the contributions from the podcasts that they were staying within their budget.

I have fallen for a large number of supplemental income ads that I have received in my email. Virtually all of the ones I paid for offered big income almost instantly but only if you upgraded from the original amount you signed up for. Pretty soon the site takes the cost from possibly $37 to hundreds of dollars and they want to assign a coach to you that gets a percentage of what you make plus a fee. They all say we will refund your original $37 if you do not make money in ninety days but they may have sold you email lists, had you pay for postage sending out letters, and when you are through it has cost a lot of money and no income. Several of the systems I have purchased never paid me any commissions even after I had earned them, it was a scam. Some of these get rich quick systems are illegal and could result in being charged with a felony if you did what the system recommended.

I am going to give you a link at the end of this blog to the photo sharing system that I am recommending. The cost of the system is only $37 and is 46 pages long. It is very detailed and explains what you need to do to post your photos. It gives you the choice of selecting photo choices in the areas you prefer so it is interesting for you. There are many sample photos and listings that show you how others have listed their photos. You can use your phone , or other computer device to post the photos. The vender for this system does not try to sell you a lot of add on items , $37 is the total cost of this system. I do not think a person could make enough income immediately to support their family but as you add photos and learn the system I think this system could make a contribution to your family income. If you enjoy photography and have photos you can post this could be a profitable system for you.