Have you ever seen such outlandish gas prices before? Though it may look a little familiar, it doesn't help our money situations if we are trying to live our lives or hang on to our jobs.
Meanwhile, a great thing happened, our federal government decided to give us a gift, it is called a Stimulus Check, and no matter what the name of it is, it means that many of us are getting money, non-taxable money.
It is terribly tempting to run out and buy a gadget or a treat with this money, but the best thing to do, of course, is to spend it on our previous bills, save it, or invest in a profitable commodity.
If your are smart what you do with this money, you will be able to enhance your living conditions much more, by saving it, than with an impulse purchase of the latest high tech gear or personal indulgence like hip clothing, decorative items or other items that you don't really need.
You will probably like to put this money back to pay your currently elevating bills for gasoline or mortgage hikes.
You don't want to build up even more debt because of a little help from the government.
This will defeat the purpose of the check.
Another choice for using this money wisely is to put it towards paying on credit cards.
Maybe you can bring your payments for several cards down to a much lower level, and the lower that it is, the less money it is costing you on the whole.
Plus, doing this increases you credit rating.
Now would be a good time to purchase a hybrid or alternative fuel vehicle.
With this stimulus check you can make a, possibly even sizeable, down payment on one of these fuel efficient vehicles and save many dollars in the future on gasoline.
Wouldn't that be especially nice considering the price of fuel now? Paying off your credit card with the entire amount you receive from your stimulus check will save you many hundreds of dollars in the years ahead.
The usual interest rate, people are paying is 15%, and they usually owe $10,000 or more in charges.
So if you pay down a $15,000 consolidated debt with a $2,500 stimulus check, you will be saving $375 per year, on interest, in the future.
Are you so lucky that you don't have any bill piled up? It would still be wise to put the money aside for the future.
What a comfort it will be when something unexpected arises and you have this tucked away into your bank account to pull on for the crisis, or other item that you find you really need.
Don't be suckered into sales tactics or ads for things that are actually of no real use to you.
If interest rates are not what you had hoped for, as far as putting the money into an account, you might like to invest in real estate.
The housing market today is offering very low prices and maybe you can find a property that will profit you in the future that doesn't cost that much right now.
Whatever you do, don't make hasty purchases with you money.
Review carefully your current bills.
Look at your options, and take your time before spending the money on any new purchases.
Investing or paying off previous bills will benefit your budget much more in the long run.
Meanwhile, a great thing happened, our federal government decided to give us a gift, it is called a Stimulus Check, and no matter what the name of it is, it means that many of us are getting money, non-taxable money.
It is terribly tempting to run out and buy a gadget or a treat with this money, but the best thing to do, of course, is to spend it on our previous bills, save it, or invest in a profitable commodity.
If your are smart what you do with this money, you will be able to enhance your living conditions much more, by saving it, than with an impulse purchase of the latest high tech gear or personal indulgence like hip clothing, decorative items or other items that you don't really need.
You will probably like to put this money back to pay your currently elevating bills for gasoline or mortgage hikes.
You don't want to build up even more debt because of a little help from the government.
This will defeat the purpose of the check.
Another choice for using this money wisely is to put it towards paying on credit cards.
Maybe you can bring your payments for several cards down to a much lower level, and the lower that it is, the less money it is costing you on the whole.
Plus, doing this increases you credit rating.
Now would be a good time to purchase a hybrid or alternative fuel vehicle.
With this stimulus check you can make a, possibly even sizeable, down payment on one of these fuel efficient vehicles and save many dollars in the future on gasoline.
Wouldn't that be especially nice considering the price of fuel now? Paying off your credit card with the entire amount you receive from your stimulus check will save you many hundreds of dollars in the years ahead.
The usual interest rate, people are paying is 15%, and they usually owe $10,000 or more in charges.
So if you pay down a $15,000 consolidated debt with a $2,500 stimulus check, you will be saving $375 per year, on interest, in the future.
Are you so lucky that you don't have any bill piled up? It would still be wise to put the money aside for the future.
What a comfort it will be when something unexpected arises and you have this tucked away into your bank account to pull on for the crisis, or other item that you find you really need.
Don't be suckered into sales tactics or ads for things that are actually of no real use to you.
If interest rates are not what you had hoped for, as far as putting the money into an account, you might like to invest in real estate.
The housing market today is offering very low prices and maybe you can find a property that will profit you in the future that doesn't cost that much right now.
Whatever you do, don't make hasty purchases with you money.
Review carefully your current bills.
Look at your options, and take your time before spending the money on any new purchases.
Investing or paying off previous bills will benefit your budget much more in the long run.
Source...