I got my IRS rebate check in the mail a few days ago and decided that since what Uncle Sam wants me to do is spend frivolously with my rebate I'm going to put it away and earn interest on it.  Anybody else saving the rebate instead of stimulating the economy by buying stuff they don't really need?  I put it on an ING Direct Orange Savings Account that earns 3% annual interest.  It's my new emergency fund, or nest egg, or must get on plane and go see SO immediatley fund...lmao! 

I've got all my bills under control and I'm debt free, so I can do this, although I realize some people are depending on that check to bail them out of trouble.  My brother, bless his not so frugal heart, is paying off one of his cars so he can decrease that debt and have more money for gas to drive said car to work 50 miles r/t a day (he works a four day work week).  My sister is using hers to pay for her college courses which I think is a pretty darn smart investment. 

So, what are you doing with yours?  And if your saving it, are you earning interest on it?  Is anyone putting theirs in an IRA or other retirement savings account?

Parked it in our existing savings account and there it will sit, earning interest, for a long time.  

Could use it to buy a new tv, some clothing, or a bike!!!! I would love that! or take a nice vacation.  But we won't.  It's earning it's keep with the interest.  

Still waiting on mine to arrive. The funny thing is that we pay estimated tax payments. One is due June 15th. Hoping  it will get here in time to make my payment. Babs