View Poll Results: Do you need the May 2020 economic stimulus?
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I have received or will receive economic stimulus, and need it for essential expenses.
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2 |
1.06% |
I have received or will receive economic stimulus, but don't need it for essential expenses
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144 |
76.19% |
I have not and will not receive economic stimulus, but I need it for essential expenses.
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2 |
1.06% |
I have not and will not receive economic stimulus, and don't need it for essential expenses.
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37 |
19.58% |
Other
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4 |
2.12% |
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05-16-2020, 07:54 PM
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#41
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,212
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We got $1200 for our family of 4. (Sons didn't qualify since they are dependents and age 17 or older.)
I donated $600 to the local food bank and will probably do the same with the other $600... I was waiting to see if anything happens to our tenants. If they stop paying rent, I'll keep it for our household. But so far they've kept their jobs and are paying rent.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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05-16-2020, 08:48 PM
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#42
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gone traveling
Join Date: Jan 2019
Location: NW Ohio
Posts: 1,156
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I have been laid off since March 23. I was able to check in with unemployment the first 3 weeks, but they said I needed to backdate my account, and now I have to reset my PIN...which is impossible with their systems.
My point is....no unemployment checks at all yet stating on the 8th week, but I did get one $1200 check about a month ago, we didn't need it, but did appreciate it.
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05-16-2020, 08:53 PM
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#43
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2012
Posts: 6,181
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Received it direct deposit but do not need it.It will go primarily towards our charity/gift spending, and a small amount to stimulate the local economy.
__________________
FIREd date: June 26, 2018 - "This Happy Feeling, Going Round and Round!" (GQ)
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05-22-2020, 03:58 PM
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#44
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Recycles dryer sheets
Join Date: Jan 2018
Posts: 52
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DW gave hers to one of our adult kids and I gave mine to the other....
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05-22-2020, 04:06 PM
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#45
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Dryer sheet aficionado
Join Date: Dec 2009
Posts: 33
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We live on a middle class SEPP withdrawal until Jan 2022. At that time, I will withdraw even less every year because we just don't need that much money to live happily and peacefully. No matter how much money I have in our investment accounts, that will not change. We are simple people that prefer to help others with our excess. So yes, we received the $2400 and added it to a stock portfolio we have setup up to be used to begin sending our grandchildren to a Christian private school as each enters the 7th grade. Mind over matter. Character over success. Spirit over the material. Not that I don't like success. It's just that success is meaningless (to me and my wife anyway) if you don't have character and faith!
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05-22-2020, 04:15 PM
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#46
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Full time employment: Posting here.
Join Date: Nov 2019
Location: Jersey City
Posts: 522
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I stopped working around March last year so my income for 2019 was small enough to qualify for the full $1200. I didn't need it but it somehow melted away during every day spending - I'm not sure what I spent it on.
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05-22-2020, 08:35 PM
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#47
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Recycles dryer sheets
Join Date: Jul 2017
Location: Pittsburgh
Posts: 300
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We donated one of our two checks to the local food bank, because there are definitely a lot of people who need help right now. We are so fortunate that we don’t need the help.
__________________
Retired from FT j*b 2017 @ 58, consulted PT then fully retired 2019 @ 60
AA: 54/41/5 | no pension
Into: spreadsheets, botanical art, fitness, IPAs, learning to play the piano, reading
Mantras: Carpe diem & Gratitude
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05-23-2020, 01:07 AM
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#48
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,300
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We put ours into the emergency fund. We are supporting various local places with other means.
All fungible in the end.
__________________
TGIM
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05-23-2020, 07:24 AM
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#49
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2013
Posts: 11,078
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Received and not needed. Few meals bought out with large tips. We have been talking about buying a couple of bicycles from a local shop.
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05-23-2020, 10:41 AM
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#50
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Dryer sheet wannabe
Join Date: Jan 2010
Posts: 15
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Quote:
Originally Posted by atmsmshr
We got a partial stimulus because I was fortunate with a healthy paycheck last year.
Did not need the $1,000.
Gave it to a food bank. Doubled down and gave an equal amount to family in need.
We know we are blessed while so many are suffering economically.
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Thank you for being considerate of so many others.
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