Category: Debt/Credit Card
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Thanks for the help with the Wedding Uncle Sam!
" The check helped us out on wedding expenses! We had just gotten marrid in March and when we got our check we promptly applied it to a credit card we opened for wedding costs like the cake and the ceremony fees... Thanks for the delicious wedding cake and a memorable ceremony Uncle Sam! :D "
Sharee, 26, Computer Operations CA Horse Racing
Sacramento, CA -
8th Grade Dance, Credit Cards and Groceries
"Spent about $200 so my daughter could go to her 8th grade dance in a new dress, shoes and get her hair done. The rest went to groceries and credit cards."
Joan, 43
Tampa, FL -
Credit cards and heat
"We spent half on paying down my credit cards which has been used to pay tuition for college courses. The other half we used to put towards a new pellet furnace since our present gas furnace is costing us thousands per year in fuel (as you can see behind me , we have no insulation - ha ha!). Seriously, we live in Maine, so heat is a necessity. "
Lisa King, 41, human resources
Gorham, Maine -
Boo Hoo Credit Card
"Sadly, it went to pay off a credit card bill that I had somehow managed to rack up $500 in debt on from gas/groceries etc. Boo Hoo!"
Donna, 41, Graphic Design
Philadelphia, PA -
Canada!
"Paid down a credit card and spent the rest in Ottawa, Canada to celebrate finishing graduate school. Now if I can only find a job..."
Jennifer, 26, Unemployed Social Worker
Buffalo, New York -
THANK YOU!
"Well my husband and I are planning to move at the end of August so we are going to spend our check to help us get a HOUSE! Plus paying off a few bills. I think this extra cash is a blessing and Americans should grateful. So…instead of slandering our President I'd like to say THANK YOU! : )"
Ingrid Scott, 25, Insurance
Atlanta, GA -
Still waiting...
"What I wanted was a new lap top computer and my lovely wife wanted a new sofa. Unfortunatly with gas around 4.45 a gallon, credit card debt into the next solar system and the closet city twenty miles or so down the coast, plus the fact we still have not received our check all I can do now is just walk down to the beach."
Fred
Maili, HI -
Robbing Peter to Pay Paul
"We paid off some credit cards to have money to make car payments on two new-to-us gas-inefficient vehicles, thus perpetuating the debt cycle. I was very happy with the credit card pay-off, not so much with gaining car payments. But it beats getting stuck in the snow countless times this past winter and incurring major body-work to my former car. (Oh, and a little bit paid for the load of gravel to create a parking area so our cars don't end up in snowbanks for much of the winter.)"
Sheila, 34, Marketing
the dwindling countryside, WI -
529 plan - College Savings
"My husband and I put the $300 designated for each of our two dependents in thier 529 plan. My half of 'our' money ($600) went to pay down credit card/home equity debt from a basement remodel project and to buy groceries and such basic stuff as new jeans, tennis shoes, socks and underwear."
Julie Marie, 38, Health Insurance Industry
Cedar Rapids, IA -
Love my family
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"I spent most of my rebate check (about 75%) to pay down debt. The remainder amount was spent of kids toys and games."
Arif Malik, 39, workers' comp underwriter
north bergen, nj -
Hello stimulus check! Goodbye stimulus check...
"I spent my stimulus learning a life lesson. I bought this king-sized bed (on credit) so that my boyfriend and I would have plenty of room to sleep. Of course, as often happens in relationships, a few months later we broke up. (Perhaps it was the curse of buying the big bed? Kinda like getting their named tattooed on you?)And now I am stuck with this great big bed for a little me, and a great big bill from Visa for my tiny budget. I've learned not to buy things I can't afford - especially when in the future, I probably won't even need them! "
Elle, 24
Jacksonville, FL -
"I put my whole check towards credit card debt reduction."
Chad Johnston, 31
Tarpon Springs, FL -
Thanks W&Co!
"For Illustrative Purposes I pulled out some cash to display here. If it were not for this website we probably never would have taken any real notice of our "stimulus" payment... it went directly toward our outstanding credit card balances. I am never one to look a Gift Horse in the mouth (even one addled with questionable intent) So I mean it when I say - Thanks W&Co!"
AJ, 35, Technology
Westchester, NY -
Disappointed Single Mom
"Wish I had good news like everyone else..but unfortunately I didn't get my stimulus check..the govt. kept it..put it towards a student loan I borrowed back in 1990 for $2,500.00 that has gotten way out of control since my divorce in 1998. I can't even tell you how much interest I've paid on this thing..I do know this..I'm working and raising my kids and the ex owes me over 15k in back child support..which the govt. says they are unable to do anything about..cant find him! yet they can sure find me and take my income tax returns and my $1200. stimulus check and yet still tell me I owe $2100.00 on it! wow...what a great system."
robbee, 51, Airlines
oklahoma city, ok -
Summer Vacation
"I used 95% cent of it to pay debt for last summer's 8400 mile family trip. We did invite my parents out to eat and to see the new Indy Jones movie. I should have used that money for debt too in retrospect."
Joel, 39, Communications Specialist
St. Cloud, Florida -
X rated
"I didn't buy anything. My check was deposited the day before my employer said due to the lack of business to his park, he couldn't pay me for the 2 week pay period. So basically it covered the paycheck I didn't get. Which goes towards bills."
Wayne D., 46, Skateboarding
Cape Canaveral, FL -
Payed bills and played too!
"Thanks to good ol' Bush I was able to pay off 2 high interest credit cards (so now I'm on my way to being debt free!!!Yay!) and I bought myself some Marc Jacobs "Daisy" perfume (because I had to!) and I bought a new cell phone and got rid of verizon wireless! I felt bad that I didn't buy much but at least I payed bills and had a little left to play with...I did as I was told and I stimulated the economy!Obama 2008!"
Tyra B, 22, Investment Banking
New Hyde Park, New York -
Confused But Stimulated
"I was confused about the stimulus check. I thought the government was telling me to go to an adult bookstore and buy some toys for stimulation ! I paid some credit card debt instead and bought some cat toys with catnip ! =^..^= Meow"
Gregg, 48, Disabled
Bellevue, NE -
Less Debt, New iPhone!!!
"First 350 went to paying off all my credit card debt. The rest will be going toward my new 16 gig iphone!!!! (Can't wait till July 11th). "
Greg H, 34, IT
Elk Grove, CA -
Yay no 19% interest anymore!
"We paid off the cash advance portion of my credit card bill, which we had used for closing costs on our house, due to stupid bank regulations which froze our REAL money for 5 days before we could use it! And the fact that the costs were higher than we'd been told, so there was a little balance left... "
Pat
Small Town, South Caroline
The Book
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The Stimulus
In January, Congress approved $152 billion in economic stimulus checks for millions of American households, intended to boost the economy and avert a recession. Just how this money will be spent remains to be seen. We hope this website helps shed some light on where the stimulus money is going.
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