Stimulus Check Plans
Since it looks like we’re going to get some money from the idiotic economic “stimulus” bill our esteemed leaders in Washington passed, I thought I’d discuss our plans for it. You can probably tell I’m not too thrilled with the passage of this law. It’s yet another bill our government is paying with future money…assuming the government and the money are even around in the future. With the way the Fed and the Treasury Department are handling our current economic environment I have no faith in anyone in government to make smart fiscal decisions, but that’s a topic for another post.
It looks like we’ll be receiving $1800 sometime around May 9th. Since our kids are the reason for $600 of what we’ll get, I figure they’re entitled to $300 each. So, when the stimulus check is deposited into our bank account, I’ll quickly move $300 to each child’s 529 college savings.
With the rest of the money I’m going to be a good American citizen…screw that, we’re saving it. Yep, this money is only going to go towards stimulating my savings account. Thanks kids, someday you’ll be paying so I can have an extra $1000 in savings.