Tuesday, August 26, 2008

We Are All Crossing Our Fingers That The Money Is On The Way

Category: Finance.

We are all crossing our fingers that the money is on the way. For some, it is because they will finally be able to buy that 52" HDTV without having to dip into their savings account.



Now, why are we all so excited? For others, it means their savings account will finally hold more than just a few bucks, since every dollar is being used to pay off bills. These spending ideas will both help the economy( that is the reason behind this all) and create a better lifestyle for you. For those of you who haven t already spent the money, here are a few things to think about that. The first spending idea for your tax rebate is to use it for home improvements. Materials like tile, and even metal, hardwood flooring siding last a lot longer than some cheaper materials. If you have the desire to make this money last without dumping it into your savings account, you can use it to update your home with materials that will last forever.


If you own an older home, you might think about updating your windows and appliances to those that are energy efficient. Not only will you be following the plan of jumpstarting our economy but you will feel great about" going green" as well. Go ahead and stock up on those new funky light bulbs as well. Spending your money on items that are energy efficient will lower your power and heating bills. But don t forget about your other options. This probably seems like a great idea now, doesn t it.


You might use your money to stock up on food that you use often. Be sure to properly store any extra food your buy to ensure it will last for a long time. There is nothing wrong with having a surplus of flour, and those canned, sugar foods you regularly use. If stocking up on food isn t your thing, you might consider spending the money on exercise equipment or even on a gym membership. If you buy vitamins, use your tax rebate to stock up for a year. Either choice is something that will last for more than just a few months.


The last idea for spending your tax rebate is not going to save you money on your power bill or help you go green, but you might consider it as well. Buy anything that you will need in the next 12 months. Take your tax rebate and go on a shopping spree. You could buy off season clothes for you kids or even stock up on make up and other items you or your spouse is constantly buying. Spend you money at a number of different local merchants to help our your local economy. You can even get most of your holiday shopping done this summer, just don t forget where you hide them when the holiday s roll around.


It is obvious that there are more than just our two options of savings or spending our tax rebate. Do your part as a citizen to boost our economy by not digging a hole in your back yard and burying your tax rebate. If you want to help out, spend this money on items or services that will last for a long time.

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