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Thread: Your plans for your stimulous $$$?

  1. #21
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    It is somewhat Ironic to me that "stimulus" money will be saved by a large number of people. Of the reasons, I have seen are:
    How to spend it to stimulate the economy, when where I would spend it is closed.
    Loss of job, so backup/food money.
    Know we will have to pay it back later in reduced tax refund/owe the government.

    Also seen a lot of buying gun/ammo talk.
    I gave up making plans for money that I don't actually have. There are a few big things I could buy online, or several little things, but that certainly isn't going to help the economy locally, just places that are already open.

  2. #22
    Senior Member catherine's Avatar
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    Quote Originally Posted by ToomuchStuff View Post
    It is somewhat Ironic to me that "stimulus" money will be saved by a large number of people. Of the reasons, I have seen are:
    Know we will have to pay it back later in reduced tax refund/owe the government.
    .
    That's actually my reason..as a self-employed person, I have to keep up those quarterly estimated payments and they're not small. I might as well just hand the stimulus right back to the government. They're going to get it one way or the other.


    ETA: Or maybe I'll just go to Hamilton. What happened to this little girl on Zoom is awesome!! (And I have an old lady crush on Lin-Manuel Miranda)

    "Do any human beings ever realize life while they live it--every, every minute?" Emily Webb, Our Town
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  3. #23
    Senior Member SteveinMN's Avatar
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    @Alan, @Tradd, and @dmc, thank you for the info! Satisfies my curiosity.
    Success is to be measured not so much by the position that one has reached in life as by the obstacles which he has overcome. - Booker T. Washington

  4. #24
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    We may invest whatever we get in gift cards for local restaurants in the hope it will help them survive.

  5. #25
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    My shed is falling down - who knows what is living in it. I *might* get a shed, but the rest definitely saved.
    To give pleasure to a single heart by a single act is better than a thousand heads bowing in prayer." Mahatma Gandhi
    Be nice whenever possible. It's always possible. HH Dalai Lama
    In a world where you can be anything - be kind. Unknown

  6. #26
    Senior Member Teacher Terry's Avatar
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    When and if we feel safe traveling again we will spend it on that. For now savings. I am not going to waste it on spending for things we don’t need or want.

  7. #27
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    probably invest half, save half, unless I'm out of a job by then. We need to stimulate the economy etc. the thing about that is ALREADY DONE. I'm paying more for food, stocked up on food, bought a desk just to work at home etc. etc.. Money spent that wouldn't have been otherwise. But i scraped that out of a regular old paycheck somehow squeezing it tightly Ok maybe less spent on everything that wasn't corona, less saved that wasn't auto-save etc..

    What am I really supposed to do buy a bunch of cr@p and overtax what I feel is an already overloaded postal (fedex / amazon etc.) distribution system? Amazon warehouse workers are collapsing as is from an overwhelming volume. Now it's not like I never use Amazon at all, alright, I do and have slightly more than usual, but I'm not going to spend it on a bunch of cr@p. If it was just an ordinary recession and I was doing alright financially myself, ok maybe I'd buy a little something, but now, nah. Maybe buy food.
    Trees don't grow on money

  8. #28
    Yppej
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    My head tells me save, but I am tempted to spend a couple hundred on mulch from a mom and pop business. I can't do much other than work in the yard.

  9. #29
    Senior Member beckyliz's Avatar
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    Pay our taxes. :-/
    "Do not accumulate for yourselves treasures on earth, where moth and rust destroy and thieves break in and steal. But accumulate for yourselves treasure in heaven, where moth and rust do not destroy, and thieves do not break in and steal. For where your treasure is, your heart is also." Jesus

  10. #30
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    Major car repairs

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