Eating our stimulus payment
Posted on July 7th, 2008 – 12:00 PMBy Kara McGuire
The check came right on schedule. Visions of flat screen TVs, video games and a day at the spa came with it. But I dutifully headed to Cub Foods and turned $1200 into two $660 gift cards — the maximum amount the company allows. It’s a strategy I explained in this earlier post.
Like many Americans, the other $600 from our check will go towards paying off a credit card balance. June was an expensive month, with some eating out, some reunion expenses and the purchase of a new patio set. Hence, the tracking spending exercise I started mid-June.
I must admit that exercise has fallen by the wayside of late. I did do a quick and dirty assessment, though, and our credit card transactions showed we’re spending about $15 more in gas than we budgeted and that we ate our entire fun budget for the month.


