Economic Stimulus / Tax Rebate

[Guest]

Here’s a calculator on the stimulus plan to see what your family will be receiving.
https://www.irs.gov/app/espc/

I’ll be doing the following with the money.

1) Giving Support to Missionaries
2) Building Up my Emergency Fund more
or
3) Paying extra on the house
or
4) Roth IRA Setup

Still not certain about #2 or #3 or #4, but certainly doing #1.

What will you be doing with the Tax Rebate money in May/June?

I know many want us to spend more and more and consume more and more, but we must all do what is best for our families.

I hope most are taking a portion saving it or paying off debt. I hope someday the average saving rate ofAmericansgo up sooner or later. We can’t keep living on such high debt.

[Author]

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