Save or spend? Survey

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Posted: Fri Feb 15, 2008 3:27 am

Now that President Bush has signed the Economic Stimulus Bill, I am curious to see how many people will spend their refund or save it. So do the survey and lets find out. Thanks in advance, Chi

Posted: Fri Feb 15, 2008 3:29 am

Girlfriend, we can't go there!!!!! Wink

If so, we'll spend on the hot rod.

Posted: Fri Feb 15, 2008 3:29 am

Spend assuming I get one.

Posted: Fri Feb 15, 2008 3:40 am

Just a reminder that this thread is about your spending habits not what you think of the Bill, George or Hilliary. If we can't stick to that you will get to see my Copperfield impersonation as I make this thread disappear Very Happy

I would buy magic beans...I got a hot tip on a golden goose, just need a beanstalk to get there.

Posted: Fri Feb 15, 2008 3:42 am

Spend it before inflation deflates the value further Wink

Posted: Fri Feb 15, 2008 3:44 am

Thanks Friday for reinforcing the survey question. I am not looking for political opinions just what people are planning on doing with the money. You get a "great mod award"!

Posted: Fri Feb 15, 2008 3:57 am

Can we get a "Don't live in the US' option? I like to vote on polls Smile

Baiting Guru Joined: 08 Feb 2005 Posts: 2301

I'm not even going to go there. I can't answer without getting into politics on this particular subject.

Posted: Fri Feb 15, 2008 4:17 am

I don't get a rebate. Crying or Very sad

Posted: Fri Feb 15, 2008 4:38 am

I'm putting it back into the economy.
I will be getting a flat screen TV for my bedroom when the check eventually arrives.

Posted: Fri Feb 15, 2008 5:02 am

I'm going to set my motorcycle up so I can ride again! Thumbs up

"Present Value" vs "Future Value" of money vs having a good time! Laughing

Posted: Fri Feb 15, 2008 5:22 am

Spend and pay bills.

Posted: Fri Feb 15, 2008 7:15 am

That'll help top off the Roth IRA for the year. I'm a saver, if you can't tell.

Posted: Fri Feb 15, 2008 9:09 am

I live in Canada. Refunds get taxed here. Everything gets taxed here. We even tax other taxes. It's really starting to tax my patience Crying or Very sad

Posted: Fri Feb 15, 2008 10:11 am

Spend. Booze and strippers.

Posted: Fri Feb 15, 2008 11:22 am

^^^ And a bubble bath Laughing

** SUSPENDED ** Joined: 26 Mar 2005 Posts: 1267

spend some of it and save the rest.

Posted: Fri Feb 15, 2008 12:46 pm

get wifeys car fixxed... peace of crap VW

Posted: Fri Feb 15, 2008 1:00 pm

I save everything. Entire tax refund was saved. Entire rebate check will be saved.

Posted: Fri Feb 15, 2008 2:14 pm

I voted spend.
But as I don't live in the US would someone please send me the cash so I can spend it?

Baiting Guru Joined: 08 Jul 2004 Posts: 11857 Location: UK

Chibuike wrote:

I am curious to see how many people will spend their refund or save it.

Spend or save what exactly?

Posted: Fri Feb 15, 2008 3:12 pm

Americans are going to be getting a tax rebate. Basically, the government is giving us back money that we already gave them. $600 for one person or $1200 for a couple. It is to 'stimulate the economy'.

Posted: Fri Feb 15, 2008 3:12 pm

Our fine government has decided to give each and every one of us a "Refund" check to help stimulate our economy. If I heard correctly, it is $300.00 per person. My household should receive $1200.00. Should be mailed in early May.

$1200.00 is at least 5 hrs at the local strip club.

EDIT: beat by jojo.....I thought it was $300.00?

EDIT again:

Quote:

The plan will provide tax rebates of up to $600 for individuals and up to $1,200 for couples filing jointly, with an additional payment for families of $300 a child, and a minimum payment of $300 for individuals who pay less than that in income taxes.

Baiting Guru Joined: 08 Jul 2004 Posts: 11857 Location: UK

Cheer JoJo and the slow Harry, that's a nice little bonus then, unless they cane you for some other tax in the meantime.

Posted: Fri Feb 15, 2008 3:25 pm

Isn't there an income threshold on that?

I'll spend it, if I get it. I took a vow of poverty when I had kids. Or was it a vow of overspending? Whichever, it's all gone before I even get it. Sad