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Should you boost the U.S. economy or focus on your own stimulus plan?
Think fast: If someone walked up to you and handed you a check for $300, what would you do with that money? How about a check for $1,200?
You just may need to make decisions along these lines as early as this spring if a federal government economic stimulus package passes as expected. Aimed at boosting the sagging U.S. economy and staving off a possible recession, the plan would provide billions of dollars in tax relief for consumers. Tax-rebate checks would be sent out in amounts ranging from $300 to $1,200 per household.
President Bush and his aides know precisely what they want you to do with that money: Shop ‘til you drop. After all, consumer spending represents more than two-thirds of economic activity in the United States, so the fervent hope is that Americans will rush out and buy stuff.
It sounds like fun, of course, but is that really what you should do with this found money if you get it? Depending on your circumstances, you actually may want to seize this opportunity to concentrate on your own personal stimulus plan — one that could benefit you and your family for months if not years to come. Consider these tips.
http://www.msnbc.msn.com/id/22808757/
Think fast: If someone walked up to you and handed you a check for $300, what would you do with that money? How about a check for $1,200?
You just may need to make decisions along these lines as early as this spring if a federal government economic stimulus package passes as expected. Aimed at boosting the sagging U.S. economy and staving off a possible recession, the plan would provide billions of dollars in tax relief for consumers. Tax-rebate checks would be sent out in amounts ranging from $300 to $1,200 per household.
President Bush and his aides know precisely what they want you to do with that money: Shop ‘til you drop. After all, consumer spending represents more than two-thirds of economic activity in the United States, so the fervent hope is that Americans will rush out and buy stuff.
It sounds like fun, of course, but is that really what you should do with this found money if you get it? Depending on your circumstances, you actually may want to seize this opportunity to concentrate on your own personal stimulus plan — one that could benefit you and your family for months if not years to come. Consider these tips.
http://www.msnbc.msn.com/id/22808757/