Comments on: What Are You Doing With Your Economic Stimulus Check? http://youngdough.com/2008/05/04/what-are-you-doing-with-your-economic-stimulus-check/ a college kid's journey to financial freedom... Sun, 06 Jul 2008 12:24:22 +0000 http://wordpress.org/?v=2.3.3 By: Paul @ MoneyAnswerTree http://youngdough.com/2008/05/04/what-are-you-doing-with-your-economic-stimulus-check/#comment-127 Paul @ MoneyAnswerTree Thu, 15 May 2008 18:22:37 +0000 http://youngdough.com/2008/05/04/what-are-you-doing-with-your-economic-stimulus-check/#comment-127 Great post. I think a mix of what people do with the money will probably help. I will be putting the money in the bank as one of my <a href="http://moneyanswertree.com/archives/153/what-is-the-best-use-of-your-irs-rebate-check/" rel="nofollow">best use of the IRS Rebate Check</a>. The smart people will save it or pay down debt, the foolish people will buy something from China. Either way, it puts a little confidence back into the economy which is what the Gov. really wants to do. They want you to think it's not in the toilet. Great post. I think a mix of what people do with the money will probably help.

I will be putting the money in the bank as one of my best use of the IRS Rebate Check. The smart people will save it or pay down debt, the foolish people will buy something from China. Either way, it puts a little confidence back into the economy which is what the Gov. really wants to do. They want you to think it’s not in the toilet.

]]> By: Hanks Weekly Hangouts #29 (May 10, 2008) | My Investing Blog http://youngdough.com/2008/05/04/what-are-you-doing-with-your-economic-stimulus-check/#comment-114 Hanks Weekly Hangouts #29 (May 10, 2008) | My Investing Blog Sat, 10 May 2008 08:08:12 +0000 http://youngdough.com/2008/05/04/what-are-you-doing-with-your-economic-stimulus-check/#comment-114 [...] YoungDough talks about ways to spend the stimulus package. Some many choices, so little time, [...] […] YoungDough talks about ways to spend the stimulus package. Some many choices, so little time, […]

]]> By: shultice24 http://youngdough.com/2008/05/04/what-are-you-doing-with-your-economic-stimulus-check/#comment-113 shultice24 Thu, 08 May 2008 22:13:55 +0000 http://youngdough.com/2008/05/04/what-are-you-doing-with-your-economic-stimulus-check/#comment-113 You make a good point John. Sure there will be a lot like us who will stash money like away, (or at least not foolishly blow it), but millions will take the 'hey free money!' route and blow every dime of it. There's not getting through to them on their spending habits, but like you said they may help the economy slightly like government intended. We'll be helping too, but farther down the line when we actually have wealth accumulated and aren't drowning in our own stupid financial decisions. You make a good point John. Sure there will be a lot like us who will stash money like away, (or at least not foolishly blow it), but millions will take the ‘hey free money!’ route and blow every dime of it. There’s not getting through to them on their spending habits, but like you said they may help the economy slightly like government intended. We’ll be helping too, but farther down the line when we actually have wealth accumulated and aren’t drowning in our own stupid financial decisions.

]]> By: john b http://youngdough.com/2008/05/04/what-are-you-doing-with-your-economic-stimulus-check/#comment-112 john b Wed, 07 May 2008 23:56:38 +0000 http://youngdough.com/2008/05/04/what-are-you-doing-with-your-economic-stimulus-check/#comment-112 Hi Blake - Great post! You have done a good job articulating some of the underlying problems in our economy. I whole heatedly agree with you that most people need to ignore the current spend, spend, spend climate. I have been recommending to my readers that they should be saving and paying down debt. There are enough people out there who are going to spend everything they make no matter what. I say let them! They will help keep the economy afloat! Unless of course they are a close friend, relative or one of our readers!!! To these people, my advice is "ignore the trend, do not spend"! Anyway, good job! Keep up the great work! Hi Blake - Great post! You have done a good job articulating some of the underlying problems in our economy. I whole heatedly agree with you that most people need to ignore the current spend, spend, spend climate. I have been recommending to my readers that they should be saving and paying down debt. There are enough people out there who are going to spend everything they make no matter what. I say let them! They will help keep the economy afloat! Unless of course they are a close friend, relative or one of our readers!!! To these people, my advice is “ignore the trend, do not spend”! Anyway, good job! Keep up the great work!

]]> By: shultice24 http://youngdough.com/2008/05/04/what-are-you-doing-with-your-economic-stimulus-check/#comment-95 shultice24 Mon, 05 May 2008 21:59:26 +0000 http://youngdough.com/2008/05/04/what-are-you-doing-with-your-economic-stimulus-check/#comment-95 Until you answered my question in the last part, I had no idea what Ralphs was. Never heard of such a place here in Iowa! I agree with you on this. A 10% bonus on groceries is worthwhile, but a similar bonus spent on clothes or something else that you wouldn't have boughten anyway still doesn't make much sense. Until you answered my question in the last part, I had no idea what Ralphs was. Never heard of such a place here in Iowa!

I agree with you on this. A 10% bonus on groceries is worthwhile, but a similar bonus spent on clothes or something else that you wouldn’t have boughten anyway still doesn’t make much sense.

]]> By: Grant http://youngdough.com/2008/05/04/what-are-you-doing-with-your-economic-stimulus-check/#comment-94 Grant Mon, 05 May 2008 21:22:13 +0000 http://youngdough.com/2008/05/04/what-are-you-doing-with-your-economic-stimulus-check/#comment-94 I actually heard on the radio today that Ralphs will give you an extra 10% if you turn your check into a Ralphs giftcard. I know some other stores are offering similar promotions (sears), but this one might actually be worth doing. You are going to spend money on groceries anyway right? Why not get a few extra bucks for doing it. I actually heard on the radio today that Ralphs will give you an extra 10% if you turn your check into a Ralphs giftcard. I know some other stores are offering similar promotions (sears), but this one might actually be worth doing.

You are going to spend money on groceries anyway right? Why not get a few extra bucks for doing it.

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