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What will you do with your government rebate check?

Last post 05-16-2008 7:18 AM by arianasilver. 48 replies.
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  • 04-10-2008 9:12 AM

    • Pat
    • Top 10 Contributor
    • Joined on 03-06-2007
    • Colorado
    • Posts 6,636

    What will you do with your government rebate check?

    Do you have a plan?

     

    • Pay off a debt (36.9%)
    • Put it in savings (36.9%)
    • Buy something needed (20%)
    • Spend it wherever it feels good (1.5%)
    • I won't get one (4.6%)
    • Total Votes: 65

    (Note: You must be logged in to vote. If you're not a member, please join us!)

    Community Facilitator
    (Doesn't that sound impressive?)
  • 04-10-2008 9:42 AM In reply to

    Re: What will you do with your government rebate check?

    We're buying something needed--a "new" (i.e. new to us, used through a private seller) car for dear bf.  His has major back-end issues that would cost over $1,000 to fix and makes the car uninspectable and frankly unsafe.  We'd rather put that $1,000 towards a reasonably priced private sale car for him.  We already bought myself a "new" 2000 GMC Jimmy for $1,400 that I've been driving for the past few days and love.

    Any extra will go to a chest freezer, and then in savings from there.

    "In the end it's not the years in your life that count. It's the life in your years."--Abraham Lincoln

    "Two roads diverged in a wood, and I—
    I took the one less traveled by,
    And that has made all the difference."
    -Robert Frost

    I Blog for Human Rights:
    http://arianasilver.livejournal.com/
  • 04-10-2008 10:25 AM In reply to

    Re: What will you do with your government rebate check?

    We owe more than our $1800 ($1200 for us with additonal $600 for two boys) in state and federal taxes. We are borrowing some from our parents to make up what we can't pay ourselves. So our rebate check will go to our parents to pay them back.

    Not exactly the "economy stimulating" I wanted to do. I had hoped to pay off the rest of our credit card debt. What i really wanted was a tax refund, LOL. Last year, we got $2000 back and used it to buy new garage doors. This year, we owe $2000. Ugh.

    Erika
  • 04-10-2008 10:38 AM In reply to

    Re: What will you do with your government rebate check?

    I can definitely save this money ($300).  The public benefits agencies DO allow recipients to save government-issued funds.  I have to check at my bank to see whether there is a fee for savings below a cert ain figure.  If there is a fee, I'll investigate local credit unions.  (I suspect that I'll be going with a credit union.)  I won't receive my check until late May, but am certainly looking forward to receiving it!  Yours in Him, Deb

    Enter His gates with thanksgiving, His courts with praise; give thanks to Him, bless His Name. (Psalm 100)

    Yours in thrift, Deb


    Officially Recognized Stretchpert in Kosher Recipes
    See also my Food Stamps Living sub-Forum, both in Frugal Food & Cooking.

  • 04-10-2008 11:15 AM In reply to

    Re: What will you do with your government rebate check?

    I am not quite understanding the rebate checks. On other blogs I hear for most people it is just an advance on their 2009 tax refund?  since I of course not getting one since I am in Canada :)

    My Family's Interests
  • 04-10-2008 11:18 AM In reply to

    Re: What will you do with your government rebate check?

    Its my understanding that it is an advance on the 2009 refunds, but I could be wrong.

    "In the end it's not the years in your life that count. It's the life in your years."--Abraham Lincoln

    "Two roads diverged in a wood, and I—
    I took the one less traveled by,
    And that has made all the difference."
    -Robert Frost

    I Blog for Human Rights:
    http://arianasilver.livejournal.com/
  • 04-10-2008 11:58 AM In reply to

    • Momof2
    • Top 75 Contributor
      Female
    • Joined on 03-04-2008
    • Florida
    • Posts 182

    Re: What will you do with your government rebate check?

    We are using ours for 2 things. First to pay DS's tuition for his classes this summer (he only has 2, and we already have the books), and the rest to pay off a small credit card.

    Shannon
  • 04-10-2008 12:06 PM In reply to

    • babs
    • Top 10 Contributor
      Female
    • Joined on 04-02-2007
    • Vermont
    • Posts 2,753

    Re: What will you do with your government rebate check?

     We are only getting $1300. $300 for DD..we will give that to her. She is 16, working hard to earn money for a new camera. She has saved around $1500 so far. The $1,000 for DH and I will go into saving for now. Then if something pops up , we will use it. DS works and files his own taxes so he will get the $600 himself. HOpefully, he will  use it wisely. Babs

  • 04-10-2008 12:19 PM In reply to

    Re: What will you do with your government rebate check?

    We are using part of it to repair our AC unit.  Not sure what is wrong with it, but at the end of last summer it wasn't putting out cold air, cool air but not cool enough.  So, we have to have the heating & air guy come check it.  IF there is anything left after that it will go into our savings account. 

    Shellia

  • 04-10-2008 1:19 PM In reply to

    • Brandy
    • Top 10 Contributor
    • Joined on 03-28-2007
    • Saving in South Louisiana
    • Posts 8,141

    Re: What will you do with your government rebate check?

    We can't decide!

    • We could finish off the debt or close to it.
    • We could buy some of the furniture we still need.
    • We could increase savings.
    • We could buy some of the other things we need...like stocking up for a full three months on food and supplies, buy school supplies, ect.

    We will likely see where we are at that point to determine what is best.

     

     

    Your Dollar Stretching Assistant Community Moderator and Officially Recognized Stretchpert in Homeschooling




    "For the sole true end of education is simply this: to teach men how to learn for themselves; and whatever instruction fails to do this is effort spent in vain."- Dorothy Sayers

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