What Will I Do With My Tax Refund Check?
So Bush is giving something back...
Approximately 1% of the Gross National Product will be distributed to middle America as an economic "shot in the arm." Refund checks for everyone; yipee! Although I know that this 'free money' won't actually make it to my doorstep until much later this year, I am already thinking about what my husband and I are going to do with it.
The responsible thing to do would be to pay down our debt with the money; we wouldn't miss it because it would not be coming out of our regular income. How simple is that? I know that most people will probably hit the malls and the car lots, which is what the government is hoping for - a jolt in consumer spending. Many will even convince themselves that they do so well paying their bills all year long that they deserve to splurge.
Maybe that's true; but is it wise?
I hope that my husband and I maintain the discipline we need to go ahead and invest that money in our freedom. It might make me feel free to go to the mall and spend $1600 on various wants and needs, but once I get home and see that unwaivering mountain of bills, the feeling will fade. Paying down or paying off a debt that we owe will be a step toward a freedom that lasts.
Approximately 1% of the Gross National Product will be distributed to middle America as an economic "shot in the arm." Refund checks for everyone; yipee! Although I know that this 'free money' won't actually make it to my doorstep until much later this year, I am already thinking about what my husband and I are going to do with it.
The responsible thing to do would be to pay down our debt with the money; we wouldn't miss it because it would not be coming out of our regular income. How simple is that? I know that most people will probably hit the malls and the car lots, which is what the government is hoping for - a jolt in consumer spending. Many will even convince themselves that they do so well paying their bills all year long that they deserve to splurge.
Maybe that's true; but is it wise?
I hope that my husband and I maintain the discipline we need to go ahead and invest that money in our freedom. It might make me feel free to go to the mall and spend $1600 on various wants and needs, but once I get home and see that unwaivering mountain of bills, the feeling will fade. Paying down or paying off a debt that we owe will be a step toward a freedom that lasts.
Labels: economy, I_C_Jackson, refund_check, spending, tax_refund
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posted by I.C. Jackson | 1/19/2008 12:04:00 PM
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