Author Archives: Daniel Packer

My 9 Month Old Daughter Is Funding Her Roth IRA

My daughter is the newest start of the CW show Jane The Virgin. For those that don’t watch, it’s a satirical comedy-drama telenovela that is currently in its 3rd season. While Gina Rodriguez is the lead, the show needed some serious star power, so the producers called baby Elianna in.

My first paycheck!! #workinggirl #janethevirgin #8monthsold #baby #hollywoodbaby #hollywood #mamager #workhard #playhard

A photo posted by Elianna (@eliannayael) on

How Did She Get Involved?

We live in Los Angeles, so at the hospital, babies are assigned an agent as they exit the womb.

I kid, we signed up with an agent her cousin used a few years ago. We were hoping for a few print ads, maybe get her picture on a product box, and frame that. Lauren took a few months off from work, so it was sort of perfect for her situation. Every few weeks, we received an email for an audition, and Lauren and Elianna went in and posed for a few pictures. Those never turned into anything major, but then we received the email for this opportunity.

I guess they needed a white baby with blue eyes and she fit the bill. There was no audition, they must have seen her picture and known that she was born to play this role. In the show, there are a set of twins, and Elianna plays one of them. She’s already been in two episodes, and may appear in another one or two episodes later in the season.

How Much Does She Make?

Not enough! We went into contract negotiations with a very hard line stance and came out with exactly what they give as standard to all background baby actors: $250 for each taping, which can last up to 4 hours. Sometimes she would be filmed for 15 minutes, sometimes they’d have to do the same scene over and over because one of the babies was babbling, and sometimes they wouldn’t even use her and she’d take a nap in another room, counting her hard-earned cash in her dreams.

In all, she went in 9 times, earning herself a cool $2,250 (minus 10% to her agent).

Starting A Roth IRA

What are we doing with this money? First, we created a separate bank account for her, to keep it separate and easy to track. Then, it goes directly to a Roth IRA for her. You can contribute all income earned from work (up to $5,500) to a Roth IRA in 2016, so everything she earned will go straight to her account. We’re opening an account for her in Vanguard, and since we don’t plan on touching this until she’s at least 18, we’ll invest it aggressively and hope that the magic of compound interest works wonders for her.

What’s Next For Her?

For now, she’s going out on top. She gave it all she had, but with Lauren being back at work, Elianna has retired to the comforts of sipping milk in daycare, and we don’t have any plans for additional work. It was a fun ride while it lasted and I find it hilarious that she’s been on TV, but it’s time for some younger actors to have their chance.

Where To Look For Coupons Online

MyFavDeals is the best coupon promo site on the Internet. It is filled with deals on Amazon products, but it can also help you save money on products at vaping sites, raw food sites, health sites, vitamin sites and even yoga sites.

Need shoes? You are going to want to shop Zappos.com. They have deals on every type of footwear from slippers and mocassins to dress shoes and high heels. Next time you are headed out to buy sneakers or cleats from the nearest brick-and-mortar sporting goods store, don’t. Just get to www.myfavdeals.org, find a sweet Zappos coupon and save tons of cash.

You probably want to make sure you are getting the greenest, most environmentally friendly products on the web. It makes sense. You want to save the planet just as much as the next person. MyFavDeals has coupons on LED lights from EarthLED.com. And you can find all sorts of green-friendly appliances and energy saving products all across the site.

Love to bid on eBay auctions? Who doesn’t? You can find great coupons on MyFavDeals.com for even the most obscure items on eBay. From bike parts to smartphones and iPads, MyFavDeals has promo codes and coupons for everything.

You may not be thinking of shopping for furniture on online, but you should really look into it. You can find everything you need, from sofas to recliners to coffee tables and dining room sets on sites like FlashFurnitureStore.com. The promo codes on MyFavDeals will save you tons of cash as you look to fill up your living room and dining room.

Need riding toys for the kid? What boy wouldn’t love a brand new motorized vehicle or toy tractor to ride around the backyard? MyFavDeals has the best coupons for FunRidingToys.com.

As an aspiring cook, I love using the promo codes at ForTheGourmet.com. MyFavDeals has excellent coupons for tons of culinary gadgets and cool foodstuffs. The Internet is great place to shop for spices, kitchen tools and specialty cuts of meat that your butcher might not have.

My wife loves getting new clothes (who doesn’t?). So I love that she can get deals at Gap.com with the promo codes we find on www.myfavdeals.org. Sweaters, jeans, tops, it doesn’t matter. We need to get the best deals so her online clothes shopping habit doesn’t break our bank account!

The bottom line is that MyFavDeals has the best coupons and promo codes on the entire net right now.

Which Charities Should You Donate To?

Which Charities Should You Donate To?Americans are among the most charitable people in the world. They are generous in supporting causes that they believe will improve life for the underprivileged, whether this be humans or animals.

And while there are many reasons why we should donate more money to charity and should increase the amount we contribute, giving something is the first step. With the number of U.S. charities growing each year, how do you know which ones to donate to? Consider the following criteria when choosing your charity.

Nonprofit Organizations

A 501(c)(3) Internal Revenue Code tax designation means that an organization is operated for exempt purposes, nor can it participate in political campaigns. Typically, these organizations are dedicated to serving an underrepresented group in society or addressing a specific need, like hunger. This government tax designation helps to ensure the organization is not for profit and legitimately committed to charitable work.

Devastating Acts of Nature

Earthquakes, wildfires, volcanoes, tornadoes, and hurricanes often attract the pity and donations of concerned citizens both near and far. Sometimes a special fund will be set up at a local bank or supermarket to help victims of weather-ravaged communities or those damaged by unexpected events. Floods and hailstorms, along with other savage weather events, often attract sympathetic donors who want to alleviate the suffering caused by these catastrophic conditions.

Religious Institutions

For people of faith, donating to a place of worship or a faith-based ministry is often a priority donation. These donations often get used for typical fees of churches/synagogues/etc., or special programs to help those in need.

Community Drives

Supporting the local community can take many forms, including fundraisers for a family whose home is destroyed by fire or an individual, perhaps well-known and beloved, tragic cancer victim. Donations to support firefighters and police officers are sometimes requested. Contributing to programs like a new school or homeless shelter, or a national program like Habitat for Humanity and United Way, can be orchestrated through paid donations or volunteer support.

Crowdsourcing

Indiegogo and Gofundme are two of many online donation sites where donors can browse hundreds of projects with budgets of all sizes. Videos and interviews posted at project sites, along with offers of thank-you gifts, encourage interested viewers to contribute to a worthwhile cause, which can range from a teenager’s amazing experiment that could improve everyday life to an aspiring musician or a talented artist. Whatever your interest, you will probably find numerous projects to learn about and consider funding.

In addition, there are plenty of other ways to donate to worthy causes. Schools usually schedule fundraisers to help support extracurricular activities. Community organizations for kids like the Girl Scouts sell cookies to earn money for their group activities. Whatever your interest or concern regarding social issues, there are many ways to donate. Don’t be taken in by scams, however. Check out the organization or fundraising initiative you would like to donate to by researching it online or consulting the Better Business Bureau. Find out if you will get a tax-deductible donation receipt. Make your donation count by giving to issues that are meaningful to you.