Just admit you dont understand the point of a economic stimulus check and we can move on to a Stimulus 101 thread that will explain to everyone that thinks like you do. Right?
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How will you use the proposed $1000 stimulus?
- Thread starter vanmardigan
- Start date
Bruh, as someone who's actually working in healthcare during this, who's placing numerous orders with the PO "COVID19" who's seeing all these emails regarding this, get out of here with this mess. Let alone people using their checks to help businesses who are heavily impacted by this.
I'll be damned to hear someone say I don't deserve a check when I'm busting my ass to help people during this just because I don't really "need it" simply because I'm not out of a job.
What's wrong with you people?
The only person who should be ashamed of anything is you, demanding that people do what you want them to do.
If I get any, I'm putting it towards my car lease payment, which goes directly to VW.
Why, because I'm fucked if my car gets repossessed.
People are going to do what they want to do, its their stimulus check.
If someone wants to buy games with it at Gamestop, that's well within their right.
And that does stimulate the economy because it helps to pay the paycheck for the person working there.
100% accurate. I remember back during the Bush stimulus (2008?) where one major problem with the stimulus was a lot of people were sticking it in savings and not spending it.
Save it.
Not "Invest it."
But it's going into our short term savings incase we need it in the upcoming months. My job is pretty safe, my wife is a teacher so her job *should* be safe unless the city pulls some fuckery which I doubt they will the union would go ballistic, but I expect things are going to get tight and I'm in full on 'hunker down' mode.
We took our daughter out of daycare and expect it to close soon, but what kinda blows is that we still have to make our daycare payments even if it's not open. What's also shittier is ... I'm fairly certain that the employees don't get paid if they get sick or miss days. I *think* if the daycare closes they still get some pay... but I dunno. Pisses me off. Our daycare teachers are great, but I also know a lot are low income. We bought a couple weeks worth of groceries for one of the teachers because she's in a tight spot and has 3 kids herself, lives paycheck to paycheck, and she was scared.
Not "Invest it."
But it's going into our short term savings incase we need it in the upcoming months. My job is pretty safe, my wife is a teacher so her job *should* be safe unless the city pulls some fuckery which I doubt they will the union would go ballistic, but I expect things are going to get tight and I'm in full on 'hunker down' mode.
We took our daughter out of daycare and expect it to close soon, but what kinda blows is that we still have to make our daycare payments even if it's not open. What's also shittier is ... I'm fairly certain that the employees don't get paid if they get sick or miss days. I *think* if the daycare closes they still get some pay... but I dunno. Pisses me off. Our daycare teachers are great, but I also know a lot are low income. We bought a couple weeks worth of groceries for one of the teachers because she's in a tight spot and has 3 kids herself, lives paycheck to paycheck, and she was scared.
Hold on to in case I need it for the future. Me and my husband are fine for now, but there is no saying that won't change down the line. May also pass some on to family if they get in a bad place.
If you're doing fine financially it might not be bad idea to give it to someone who needs it, like a friend. A lot of people are losing their jobs.
All jokes aside I used my savings for a car to buy supplies. if this happens I would try to reimburse my "buy a car" account.
It will be going right to my bills since I have been able to bring my bills down to way under $1,000/month after paying down most of my debts over the last year. I just want to survive and not blow that money on irresponsible and dumb shit.
I originally voted food / investing, but I'm most likely going to donate an enormous chunk of it to animal shelters in Chicago, and spend the rest on local businesses through curbside pickups and gift cards.
Roomie and I want to move. So if we don't lose any money during this whole thing (I'm guaranteed pay if we quarantine, not sure about her yet) we are going to put it towards the deposit on the new place.
Don't you have to make less than a certain amount to qualify for this? Not sure if they have any solid info about that part yet.
Have a small medical bill coming up eventually and the 1k would just about cover it. Would much rather use that money on that and keep my savings as my savings.
It'll go in the bank. Might make me a little more reckless with my spending (eg buying Nioh 2 instead of waiting for it to go on sale), but it'd generate little additional spending from me. Even what I do spend would be in part motivated by the sense that it's my civic duty to use it in some sort of economy-boosting way.
That's the best thing you could do with the money. Means more money later for you to spend on stuff that isnt interest.
If I had to guess, I'm high up enough that I wouldn't see that amount, but after thinking about it I might just give it to my sister. I'd like to replace my dishwasher, but priorities.
Frankly "save it" but here's what I mean. Right now we both have our jobs and will likely at least have the biggest income streams possibly even grow in this situation.
However, I am looking at the possibility of parents, siblings, and good friends losing their jobs and really struggling. As long as we can maintain some level of stability I can help them and will as much as possible. We have extra bedrooms, I'll open them up. We have cars, I'll give people rides. I'll do what I can.
This is a chaotic time however, and I don't blame people, even people with decent money, wanting to save it. I remember the 2008 crisis and being just out of school. It was scary, but I had very little to worry about except myself and a whole future ahead of me. Now being in my 30s I have debts I need to pay, savings I'm trying to make sure I have, people that I take care of, aging parents, etc. The impact is heightened.
However, I am looking at the possibility of parents, siblings, and good friends losing their jobs and really struggling. As long as we can maintain some level of stability I can help them and will as much as possible. We have extra bedrooms, I'll open them up. We have cars, I'll give people rides. I'll do what I can.
This is a chaotic time however, and I don't blame people, even people with decent money, wanting to save it. I remember the 2008 crisis and being just out of school. It was scary, but I had very little to worry about except myself and a whole future ahead of me. Now being in my 30s I have debts I need to pay, savings I'm trying to make sure I have, people that I take care of, aging parents, etc. The impact is heightened.
I know it sounds selfish, but how we are right now with money and everything, I can put it right towards getting a new PC.
As of now, my job looks secure. That might not stay that way, but hopefully.
If so, this money goes straight into savings as a "just in case". If/when the economy starts to inevitably improve in the coming months and I'm no longer entertaining the thought of potentially losing my job, I'll probably try to get into the stock market for the first time.
If so, this money goes straight into savings as a "just in case". If/when the economy starts to inevitably improve in the coming months and I'm no longer entertaining the thought of potentially losing my job, I'll probably try to get into the stock market for the first time.
Save it for now with rumors of furlough at my company. Thankfully my student loans are in deferment because I went back to school so all of my paychecks are going into savings right now. Then when this hopefully blows over, put that money into my student loans.