
By now, some of you have gotten your economic stimulus check. What did you do with it? I had a lofty goal of putting all $600 on the credit card. Not so much. More like $400. I swear, the check got gobbled up somewhere between filling up my gas tank and food. Seriously. The good thing about having the money was that it was a stress-free month. The worrisome thing is that the check was a treat. It’s not my salary. I need to step my frugal capitalist behavior game up. More cutting back, more income.
The New York Times and Associated Press ran some pretty nice stories about where consumers are spending the money. It’s not on mall runs, trust.
Did you get an economic stimulus check? If so, did you spend it as planned? How did you spend the money?
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{ 11 comments… read them below or add one }
I got my check and I put it in the bank but technically that money is already spent..lol My original plan was to not spend a dime of it, but I spent it on ummmm products and food etc. while on vacation.
However to balance things out I didn’t buy any other products since vacation, well no major products…ok well at least nothing over $40..lol
Got a letter saying we will receive $1,200 shortly. But, it’s not here. It will go toward paying off bills. That will provide the economic stimulus of leaving some money for diesel at $4.89 a gallon and food. Never thought I’d be excited to see cucumbers 3 for a dollar.
I received mine at the beginning of May. There are lots of expenses I could have put it towards but instead, tucked it away to be put towards our initial house buying expenses (inspections,etc.). So in the end it will go back into the economy but maybe not quite in the way the government had hoped?!
I haven’t received my check yet. I plan to use it to pay my car insurance renewal in full.I’m going to try my best to stick to that plan. But, life happens…
Mine’s ‘sposed to magically appear sometime next week. Even though I’ve been sitting in the same seat at this office for six months now (after a previous stint in the same chair of 13 months), I’m still a temp and I must keep reminding myself that with just one word I could be back on the street beating the ground for temp jobs… along with thousands of recent graduates.
If and when my check shows up, it will be treated just like a paycheck, wherein certain percentages will be divvyed into certain savings/expense accounts, and whatever’s left over will go to the Paycheck Monster of Death, a.k.a. My Crippling Student Loans.
Okay, I’m spending 14 bucks on a new MAC lipstick. BUT THAT’S IT!
I put my $600 in my savings account and have not touched it. I don;t see it as extra money, but as emergency hard luck money.
“As long as I owe you money you’ll never be poor.”
– Still Broke, Sr. (R.I.P.)
I read the NYTimes piece and a guy said something if we don’t spend it the economy won’t get better…but I think if someone is behind on their mortgage and uses it to get caught up that is a good use…one less person foreclosing.
I haven’t gotten mine yet and the way things are going with my house in Atlanta it will probably end up going towards another mortgage payment. Sadly I’m in the process of evicting a bad tenant
Hell with a stimulus check. I’m not getting one. Uncle Sam should be ashamed at what he takes from me in taxes weekly.
I haven’t gotten mine yet either, but here’s the plan: Part of mine will pay for my hotel in UNITY ($275). A little more will probably pay some bills ($200). The rest in savings.
I am investing my $600 in McClatchy stock.