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View Poll Results: If government gave you money to stimulate the economy, how would you spend it?
Retired - Spend it 22 13.75%
Retired - Save it 44 27.50%
Retired - Pay down debt 4 2.50%
Not Retired - Spend it 8 5.00%
Not Retired - Save it 69 43.13%
Not Retired - Pay down debt 13 8.13%
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Spend it or Save it?
Old 01-18-2008, 02:02 PM   #1
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Spend it or Save it?

If the government gives you money to stimulate the economy what will you do?

If you would do more than one thing, choose the one you think you would do the most.
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Old 01-18-2008, 02:03 PM   #2
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If the government gives you money to stimulate the economy what will you do?
My suspicion is that I will not be getting squat, but if I did, it would go into the pile with the rest.
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Old 01-18-2008, 02:06 PM   #3
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Money is fungible. The money will go into the same funnel into which my salary, overtime, gifts, rebates, interest, dividends, and loose change I find beneath the Sonic drive-in window go.

From there I will proceed to deploy the money towards my highest priority unachieved goal.

I'm so boring.

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Old 01-18-2008, 02:09 PM   #4
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I'd spend it on a week end get away .
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Old 01-18-2008, 02:37 PM   #5
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It appears to be targeted for the lower to middle income folks, so unfortunately I wouldn't get anything. Normally I'd be all for such a thing (lower income getting a rebate but not higher income), but since it's a handout that won't make any difference I'd like to get my $1,600 too.

Otherwise I'd just toss it in with the rest.
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Old 01-18-2008, 03:01 PM   #6
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Since I'm living on my assets now, I'd spend it and reduce withdrawals by that amount.
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Old 01-18-2008, 03:02 PM   #7
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Since I'm living on my assets now, I'd spend it and reduce withdrawals by that amount.

"ditto"
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Old 01-18-2008, 03:57 PM   #8
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Buy a tank of gas and a gallon of milk.
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Old 01-18-2008, 04:04 PM   #9
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inheritance didn't make one iota's difference in my spending. not likely that a government handout will make a difference iother.
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Old 01-18-2008, 04:04 PM   #10
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Probably some of both - spend half, save half. Until it's actually there I'm not going to invest much time thinking about it.
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Old 01-18-2008, 04:05 PM   #11
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Since my income vastly exceeds my expenses, I'd just put it into savings.
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Old 01-18-2008, 04:38 PM   #12
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Oh, I'd definitely save it. I've been squirreling away every loose cent since I was 17--that's how I came to ER 18 days ago!
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Old 01-18-2008, 05:24 PM   #13
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Whose money are they giving me? I thought it was going to be a rebate, so I'd be getting my own money back.
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Old 01-18-2008, 05:30 PM   #14
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Well, some in congress are talking about giving it to folks that don't pay taxes so for them, I guess it will be 'our' money.
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Old 01-18-2008, 05:36 PM   #15
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Will probably spend part of it on bike stuff. Save the rest. Of course, I'll believe it when I see the check.
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Old 01-18-2008, 05:37 PM   #16
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We need to print more money like we need a stick in the eye. I'd do what bbbam1 would do: buy a tank of gas and a gallon of milk.
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Old 01-18-2008, 05:58 PM   #17
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Since I only do about half of what I'm told (according to DW), I'll take the money, but I won't spend it. I'll just hang on to it till things really turn sour.
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Old 01-18-2008, 06:16 PM   #18
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I would save it. It wouldn't help much, but I need to refill my investment tank.
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Old 01-18-2008, 06:30 PM   #19
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It will probably arrive at the same time my property taxes are due. So it will just go from one government trough to another -- The True American Way!
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Old 01-18-2008, 07:12 PM   #20
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I'm of the opinion that I won't qualify either but if I did I would put it in the bank account until later.
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