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I'm curious...does anyone think the stimulus checks
#17
I think a lot of people will use to help pay for something they could not otherwise afford, but that still costs more than the amount of the paycheck. For example a $1,000 LCD TV. This is probably more than a many people could spend at once, but with $600 from Uncle Sam that makes a huge dent in it. Put the rest on credit on you're good to go.
The Gov't has then successfully stimulated someone to not only spend the $600 but also committed then to spend even more over time. Kinda sneaky I think.

Personally, I will probably use it for some house remodeling project or to pay down the mortgage. I don't really need anything I don't already have, now is not the time to throw away your principles of smart financing.
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Re: I'm curious...does anyone think the stimulus checks - by mikebw - 04-30-2008, 12:53 PM

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