Comments on: How Will The Stimulus Check Stimulate You?

By: Joe

Joe — Tue, 13 May 2008 16:10:28 +0000

I will be spending my small sum of money on a bicycle, since gas just went up another 16 cents here making it 3.70 a gallon. If they really wanted to stimulate the economy they should tap into Alaska’s oil reserve and steady this ever increasing price per gallon. Then I would spend my stimulus towards a down payment on a Hummer so I could give my part to global freezing.

By: Venomous Kate

Venomous Kate — Thu, 08 May 2008 19:34:55 +0000

I think you’re right. Our initial plan to use it to pay down credit card balances has been OBE thanks to how freaking tight money is these days. Now, instead of using it to get out of debt, we’ve got to use it to avoid incurring debt on our trip next month to see my Mom.

By: Jeff (No not that one)

Jeff (No not that one) — Thu, 08 May 2008 18:45:34 +0000

The Government knows that if they just discounted the amount you owe that there’s no way that you would look at that $1800 as FREE money to go spend and STIMULATE the economy.. By delaying the receipt of the funds you now look at this money as new found money that you weren’t expecting and they hope that you will spend it and therefore circulate money into the economy.

By: Ed

Ed — Mon, 28 Apr 2008 18:32:03 +0000

I’ll put it in the bank, I suspect in about 2 years I will have to buy a new car and that will be just some more money going towards it.

By: Rose

Rose — Mon, 28 Apr 2008 16:05:11 +0000

We’ll probably squirrel it away in anticipation of next winter’s heating bill. It gets cold up here! I don’t even want to think about how much heating oil will cost next January.

Best wishes in your quest to become debt-free. We paid off our mortgage last summer and are now completely debt free. It’s a very powerful feeling!

Roses last blog post..On the trail today

By: Jeff

Jeff — Mon, 28 Apr 2008 14:09:33 +0000

I was wrong. And while I do understand that it may be common for folks to walk away from their mistakes, that's just not my way (or the way of my kids). I screwed up and used old information. I was corrected and now we are all smarter. I call it a win/win. So I guess I need to come up with a new metaphor. Cripes. How about this: You got to Home Depot and by some ridiculous washer and dryer combo because your old ones have crapped out. You nearly have a heart attack at the cost of these things. But you buy because you have to have them (there's teenagers in the house!). A few months later, you get a piece of mail from Home Depot thanking you for your huge expenditure and, oh, here's a $200 rebate. Wouldn't have just been easier to pay less for the damn things in the first place? Jeffs last blog post..The Road To Hell

By: Venomous Kate

Venomous Kate — Mon, 28 Apr 2008 01:12:58 +0000

Oh, hell, yeah. After writing a $2800 check while knowing we’ll be getting back $1800 of it in June I’d have preferred to have paid less, too. (I can’t, for instance, afford to go visit my mother who’s going through chemo for Stage IV cancer this month because we’re too short on cash. Two months from now.. assuming she’s still okay… I’ll be able to afford it if only because I can at that point choose not to appl;y that “stimulus check” toward our credit card bills.)

That chaps my hide.

However, YOU just scored big, BIG points for having the balls it takes to say “Hey, I was mistaken.” After all these years I know *you*, and I know you aren’t an unreasonable guy, so I shouldn’t be so surprised. But do you have any idea how rare it is for someone to say something like that???

You rock.

By: Jeff

Jeff — Mon, 28 Apr 2008 01:03:39 +0000

At first, the IRS had stated that the checks were taxable. I guess the situation has been revised and for that I do sincerely apologize. I would still have preferred to pay less tax in the first place. Jeffs last blog post..Mama Don’t Take My Printer Away

By: Margi

Margi — Mon, 28 Apr 2008 00:11:13 +0000

Thanks, Kate – I posted a comment only to have it eaten by the ether.

I posted the same thing you did to Jeff – directly from the IRS website – and I think the URLs is what caused me to get “etherised.” LOL

Thanks for the clarification. I admit to being a Tax Law Dummy, but I can read and I thought those FAQ were pretty clear.

Margis last blog post..My brief hollywood observations

By: kimsch

kimsch — Sun, 27 Apr 2008 21:54:16 +0000

We’re getting the front seat passenger seat belt repaired (it was locking even when not moving) and paying the deductible on the body work that’s necessary since someone hit the truck when it was in the parking lot at Dunkin Donuts in January. The rear driver’s side quarter-panel and the back bumper need complete replacement. Since the truck was drivable and is four wheel drive, we were waiting until the chance of snow was negligible to have the repair work done.

I usually get plants for the garden for Mother’s Day/wedding anniversary (5/9) and I would like a new sewing machine this year if I can talk hubby into it…

kimschs last blog post..Selected, Not Elected