What will you do with your Stimulus Check - Page 3 - Mothering Forums

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Old 05-02-2008, 07:17 PM
 
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I'm going to put ours in short term savings, but it will mostly be used for:

- health insurance deductible for new baby coming this year

anything left over may go to:

- baby stuff, like a 2nd hand crib
- extra freezer
- possibly a few better windows for our house (more energy-efficient)

We're already saving for my son's preschool tuition and our Roth IRA contributions, so those are all the things we are saving for, with the stimulus and any other surplus we can manage.
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Old 05-02-2008, 09:06 PM
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Originally Posted by *andiflipping* View Post
We should be getting $1200. I am tithing $120, $40 for homebirth kit, and the rest goes into savings.
Just wondering about people who tithe a tax refund....if you already paid tithing on your gross income, haven't you already tithed this money? Just curious.


I'm paying down debt.

"Our task is not to see the future, but to enable it."
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Old 05-02-2008, 10:19 PM
 
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ours is going into a high yield savings account that is earmarked for a new (certified used!) Pilot for Dh next spring. We're planning to pay cash for it, so any un-allotted money that has come/will come our way goes straight to that account
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Old 05-03-2008, 02:54 AM
 
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Originally Posted by A&A View Post
Just wondering about people who tithe a tax refund....if you already paid tithing on your gross income, haven't you already tithed this money? Just curious.


I'm paying down debt.
We only tithe on our net income and then tithe out of the tax refunds we get.
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Old 05-03-2008, 07:07 AM
 
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Some for general home repair (we need new exterior doors) and the rest in savings.
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Old 05-03-2008, 01:10 PM
 
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credit card, A VERY cheap table and chair set for outside so we can eat on the patio, and maybe 6 months of car insurance. What fun! Oh, and there is a bottle of nail polish I really want, so maybe that. We'll see.
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Old 05-03-2008, 04:22 PM
 
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Carseats LOL - I have 2 kids who are outgrowing their carseats FAST
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Old 05-03-2008, 04:32 PM
 
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A new vacuum, a deep freezer, and 1/4 of a cow. That should leave us about $1000 to put into savings.
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Old 05-03-2008, 04:35 PM
 
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Since we haven't filed our taxes yet, have to wait until the business taxes are done, we likely won't get ours until christmas time...which will be nice.
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Old 05-03-2008, 06:39 PM
 
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Bills or we will be fixing the catalytic converter on our car. Its paid off and I don't want it to have any other problems. Of course I would like to be able to use it to go on a trip,but I gotta do the smart thing.
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Old 05-03-2008, 07:45 PM
 
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Pay off some debt.
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Old 05-03-2008, 09:39 PM
 
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dd will be getting a regent, the rest will go to savings
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Old 05-03-2008, 10:26 PM
 
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We owe money to the IRS this year (yay small business taxes ) so we will never see it, if you owe them they apply it to that first. I am just as happy to have it that way too, because if they sent a check all I would do is deposit it and send a check straight back too them for that amount. It won't come close to the whole amount we need to pay but it will definitely help.
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Old 05-03-2008, 11:21 PM
 
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$650 of it is going to the June mortgage payment, $350 to build a raised flower garden all along our new cedar fence, $550 to refinish our wood floors using a friend who does that, and $250 for groceries for as much of the month as possible.
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Old 05-03-2008, 11:31 PM
 
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We have been debatinga about wether we want to pay our credit card completely off. $1400, and pay the rest of a student loan about 500. Or adding to our EF. DH worked a lot of overtime last month so we are currently floating. I would love to just pay evrything off but DH has to decide too.
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Old 05-04-2008, 12:28 AM
 
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We are getting a freezer and stocking it with fresh food from the farmers market all summer, plus whatever I can find on sale to stockpile. A local store is doing buy a $300 gift card and get a $30 general merchandise check. Since we get food and gas there we might buy gift cards and then use the "free money" for diapers, toilet paper, etc.
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Old 05-04-2008, 05:09 PM
 
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Ours is going 100% towards debt.
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Old 05-04-2008, 05:10 PM
 
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C'Mon, fess up, who is using it for a flat screen tv?!?! We are all so boring!
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Old 05-04-2008, 06:04 PM
 
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Saving it for our move to Georgia from Washington state in July.
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Old 05-04-2008, 08:11 PM
 
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I'm a single working mother, and my daughter is in the process of being diagnosed with special needs, so mine is going to cover the work I missed recently staying home with her.

It was important that I be able to be with her during this rough period, and I am just thankful that this check should be deposited into my bank account exactly when I need it! It was very nice to know that I should have that money so that I didn't have to stress about the loss of income from staying home with her.

Anything left over will be saved for later.
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Old 05-04-2008, 11:58 PM
 
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we bought a jogging stroller that can be converted to a bike trailer etc. the rest is going into savings.


 

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Old 05-05-2008, 01:18 AM
 
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Quote:
Originally Posted by mamamilkers View Post
C'Mon, fess up, who is using it for a flat screen tv?!?! We are all so boring!

Well, I already used a small portion o fit to get my car's windows tinted. Is that frivolous enough for you? I have always wanted tinted windows simply because I drive a small car and the sun just beats down on my whole left side every time I go anywhere. (It's such a narrow car that I feel more exposed sun-wise than when I drive DH's larger car.) Now that they're done, though, I have to admit they're pretty awesome-looking, and my car and I stay much cooler.

The rest will go into short-term and long-term savings. Short-term is for the night away DH and I are planning in August, and long-term is our emergency fund.
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Old 05-05-2008, 01:20 AM
 
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We are getting $1,800. I want to pay our house payment 2x a month instead of in one big chunk, so we will pay half of June's mortgage with it and the rest will be used to get ready for my home birth and baby #3. She is coming in June or July.

Mama to 3 amazing girls
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Old 05-05-2008, 11:29 AM
 
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I'm reconsidering my plan. It's only $600, but it would be so much fun to spend some of it, rather than put it all towards CC payments...
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Old 05-05-2008, 11:46 AM
 
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We sadly racked up some C. card debt moving across country. So I am paying off a chunk of that.
And the other is going to preschool registration for fall. I need to pay 1st and last month's tuition plus yearly enrollment fee.
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