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How will you use the proposed $1000 stimulus?
- Thread starter vanmardigan
- Start date
Considering the world is going to shit and jobs are gonna be cut, I'm saving if anything comes my way
If nearly 50% of people are going to save that stimulus, I don't know if it will have the desired effect.
Well, I've also thought about buying an expensive guitar I don't need. But most likely it will go into my savings, because I also want to buy another car at some point this year.
I need a new furnace/AC system, house siding and repairs to my roof. I'd also buy a Switch because... fuck you that's why.
$1000 doesn't even cover my rent lol. I'm going to save it. Though my job is safe, I'm so terribly paranoid that it won't be if things don't go back to normal sooner than later.
Or if they are just spending it on videogames and other luxury items, seems like a lot of money will be wasted.
But this forum might trend wealthier than most of america too so factor that into it as well.
If my business stays afloat then I'll probably put it into savings. If income dries up then it'll go to bills.
Back into the community. My wife and I are fortunate enough to not need it so it will go to the local farmers, restaurants, breweries and coffee shops we regularly go to. They need it more than we do.
Assuming there is no income cap to receive it, I will be splitting it and giving half each to the two people I know currently going through cancer treatment because OUR FUCKING HEALTHCARE SYSTEM IN THIS COUNTRY IS A JOKE.
I may be wrong, but I think this is what happened with Bush's stimulus checks. Tons of people stashed the money away in savings, so it didn't do much to boost the economy.
The real positive from this is that it will help prevent poorer people from becoming destitute, even if only a little bit.
i'd upgrade my pc, which i've desperately needed to do for like 5 years. after that, there's a whole bunch of stuff i should get but have been putting off, like a new pair of glasses (i have new contacts but my backup pair of glasses has a prescription so out of date they give me a headache) or new bras that fit or new sneakers to replace my beat up pair.
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I was thinking food.
But investing it wouldn't be bad. Although who knows what the markets will do when it gets announced.
But investing it wouldn't be bad. Although who knows what the markets will do when it gets announced.
Vacation after all this is over, should have enough saved up to cover two and half months worth of expenses right now.
