Comments on: How We Spent Our Economic Stimulus Check

By: Tiffany

Tiffany — Mon, 08 Dec 2008 04:34:33 +0000

My husband and I got $600 – and we had planned to save it for emergencies – which is right where it went! Our car ended up dying, so we were forced to buy a new (not brand new) car and the $600 covered the taxes, tag and title.

By: Another Economic Stimulus Check Could Ultimately Hurt the Economy | Frugal Dad

Wed, 26 Nov 2008 16:34:36 +0000

[...] are not yet available, but I would suspect a large percentage of households put the first economic stimulus check in savings. Many others probably used the check for debt repayment. I personally find nothing [...]

By: Zee

Zee — Wed, 02 Jul 2008 02:33:15 +0000

I’m a singleton with no kids, so my check (which arrived yesterday!) was only $600. I really wanted to send the whole thing to my debts but it went straight into my savings account, earmarked for several medical expenses I know are coming down the pike. (Stupid MRIs… grr…)

My brother and his wife used their money to buy a new digital camera, which I am dying to have but do not need. I know I’m doing the right thing for my situation, but some days it stinks to be “responsible.” sigh. [/end pity party]

By: MKL

MKL — Tue, 01 Jul 2008 12:20:10 +0000

Our check is for $1500 and will arrive sometime next week, according to the letter I received. I made one plan for it the moment I heard about it, and I’m sticking to my guns… the entire check is going to be split three ways and go into my three kids 529 college savings plans (so it will be spent, just not for another six to ten years, and hopefully there will be some compound interest, returns and distributions to go with that ).

By: Gabriela

Gabriela — Tue, 01 Jul 2008 00:16:25 +0000

We used it to complete the $7000 that we needed to be able to pay both of our kids’ private school tuition in one payment and receive a 5% discount. For us, the quality of private school is not a luxury but a necessity due to the state of the public schools in our area. We also will not have a monthly tuition payment which will free up money from the monthly income to pay down debt.

Congratulations on making an $1800 payment to your credit card!

By: Sarah F.

Sarah F. — Mon, 30 Jun 2008 02:54:46 +0000

We got ours in May and used it to help pay for our wedding/honeymoon in cash.

By: Personal Finance: The Week in Review # 4 - MoneyRemix

Personal Finance: The Week in Review # 4 - MoneyRemix — Sat, 28 Jun 2008 13:06:09 +0000

[...] Dad: How We Spent Our Economic Stimulus Check This was one of my favorite blog posts I’ve read in quite some time and I can totally relate [...]

By: castocreations

castocreations — Fri, 27 Jun 2008 22:40:10 +0000

Well, I promised hubby could have $300 of our $1200. Then we are buying a special photo package of our “babies” (yes, we are that nuts). The rest will go to our various savings accounts including emergency, vacation, gifts, and future home/land.

By: Gretchen

Gretchen — Fri, 27 Jun 2008 16:13:08 +0000

We got ours quite a while ago and it went directly toward buying a new computer for my business. It is an investment that started paying me back immediately because I work a lot faster on my new machine and take on more income-producing work!

By: Roundup and Link Love - Yellowstone 2008 Edition | The Wisdom Journal

Roundup and Link Love - Yellowstone 2008 Edition | The Wisdom Journal — Fri, 27 Jun 2008 07:01:03 +0000

[...] How we spent our economic stimulus check @ Frugal Dad [...]