i want to put my money into a market account or some kind of savings, my problems is i live in a senior complex that goes by your income, i’m afraid to show any money, because i think they can raise my rent. has anyone got any ideas on how to protect and invest??
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I work for a Housing Authority in NH, but if you are receiving subsidy from a HA, the rules should be the same. (Other places can get subsidy, that’s why I ask.) Your portion of rent is likely based on 30% of your gross income, with a few minor deductions.
Income is separate from assets. If you are not talking about regular predictable income, then your rent should not change. You are allowed a certain amount in assets before the interest is counted as income, and that number is between 5K and maybe 50K depending on the HA. You may want to ask. (Or you can message me and I’ll try to be more specific.)
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thank you i will private message you,
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I’d be interested in this topic as well, @kellyfromkeene. I liked your knowledgeable response.
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@sthom posted:
I’d be interested in this topic as well, @kellyfromkeene. I liked your knowledgeable response.
Thank you! I’m happy to offer any information that I can.
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KellyfromKeen you have been so helpful thank you have a great day
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