Friday, May 9, 2008

It's Here!

It's here! The stimulus $ just hit our bank account!

We can pay our Visa bill. We are on our way to our first real estate tax payment which is due June 1. We can order our boat serviced and delivered. We can start a college fund for our grandchild. We can give it to a charity. We can get our landscape refreshed professionally.

We can save it.

What about you? Do you have a plan or are you waiting to have the $ in hand?

I read in the local paper the story of a man who lost his job in 2007 and took a chunk of his 401(k) to cover education expenses. Just as his training finished and he landed a better job, he did his taxes.

The early retirement withdrawal was not only taxable but also carried penalties. His tax return showed the most income he has ever had.

Last week he got his stimulus $. The $8.40 won't go far.

'til later

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