Frugal Babe

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What Would You Do With A “Financial Stimulus”?

February 2, 2008 By Frugal Babe

We’re back home after our medical adventure week.   My husband is doing great; his knee is progressing much faster than anyone had expected, and we’ve been entertaining ourselves with home physical therapy sessions on his knee.   He’ll start going to a local  physical therapist  next week, and we expect that he’ll make a full recovery  within a few months.

On another  topic, I’ve been  half paying attention to the  financial stimulus package that the government is  trying to roll out, and  wondering  how it  might effect us here in the Frugal Babe household if it gets approved.   Flexo has provided a link to a  calculator that can give you a rough idea of how much you might get if this package gets approved as-is.    It  told me that we would get $1200, which would be a sweet summertime bonus, just in time  to start our life as a family of three.    

Of course we wouldn’t be using it at the mall to pad the sagging economy – sorry, Uncle Sam.   Any unexpected check we get from the government would go into whatever account is currently top priority on our financial goal list.   Right now, we’re working on the HSA, but by summer time we’ll have finished that and moved on to our IRAs.   And $1200 goes a long way towards the five grand we want to put into each of our IRAs this year.  

What about you?   How would you use a financial stimulus check if we do end up getting them?  

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