Comments on: Are you a ‘winner’ or ‘loser’ with the interest rate cut?

By: Angie

Angie — Wed, 19 Mar 2008 16:44:17 +0000

I think the most important step is to be realistic in what you can and cannot do. I’ve seen so many first time home buyers jump into something they cannot afford only because they have big dreams.

Do your homework done first if you are thinking about taking out a loan or mortgage. The time spent looking into your options can save you a good deal of money later on.

By: Keeping The Reins Tight…. » I’ll gladly take $600 dollars…

Sat, 26 Jan 2008 01:59:18 +0000

[...] proposed economic stimulus package definitely makes me a winner. Any tax refunds / rebates received this year are going straight into the Roth IRA I will be [...]

By: A

Sat, 26 Jan 2008 00:36:59 +0000

I’d say I come out on top.

It’ll go straight into my Roth and if I don’t touch it until I’m 59.5, it will have appreciated 1369%!

By: SingleGuyMoney

SingleGuyMoney — Fri, 25 Jan 2008 22:10:02 +0000

I am watching the rates because now is a great time to refinance my mortgage.

By: Lyn

Lyn — Fri, 25 Jan 2008 22:09:10 +0000

Personally I feel it’s a short-term band-aid to a long-term problem, but, hey, I’m just a lowly taxpayer. Bush is going to do what he wants to and has shown that throughout his presidency…..

Anywhoo, moving on I will surely put the money towards debt/and or savings. I don’t feel personally responsible to keep stimulating the economy. I am sure there will be lots of spendy folks that will go ahead and do that for me! :)

By: Sharon

Sharon — Fri, 25 Jan 2008 21:22:39 +0000

I am looking forward to this money. We are planing a trip to Cailifornia in June so if it comes in time then we will have a little “extra” money to play with, but mostly it will go toward credit card debt. Once we are out, I am cutting the cards up and sayin’ hasta la vista baby!

By: LJ

LJ — Fri, 25 Jan 2008 17:38:00 +0000

I am not sure if we will qualify for the stimulus package, but if we do, we will do what we always do with “extra” money. We will put it into savings of some kind and, yes I know that is not so patriotic, but why waste money for the government? We pay our taxes already, I don’t need to go buy a big screen TV to show I am patriotic. :)

Now, is a good time to refinance if it would benefit you in some way, the rates are low and that can help a lot people save money and potentially avoid foreclosure.

I agree that this is a cyclical thing and nobody needs to panic. Spend and save wisely and we should all be able to ride this out in style! :)

Take Care

By: Meghan

Meghan — Fri, 25 Jan 2008 17:15:30 +0000

Hey, I wanted to say I just love reading your blog.
I stumbled across it while blogsurfing at work around the holidays.
I felt compelled to write you today to tell you thank you for linking to the Chief of the Family blog. She had a link for recalled toys & I clicked on it b/c there were my son’s blocks that he got for Xmas.
I have called my pediatrician to make sure he doesn’t have lead poisioning, so in essence, b/c of you I am deterring a what could have been a much larger problem.
Thank you!
Plus your blog really rocks too! LOL

By: ashley @ twentysixcats

ashley @ twentysixcats — Fri, 25 Jan 2008 17:08:20 +0000

Hmm I don’t know what we’ll do. I’d like to spend it on something we otherwise wouldn’t get (like plane tickets to California to see my husband’s grandparents), but he will want to put it all towards our school loans… I think a lot of it will depend on what we need come June. There’s a lot of time between now and then! :-)

By: Melissa

Melissa — Fri, 25 Jan 2008 15:56:21 +0000

I’m not really sure I understand the tax rebates — whether or not I’m eligible and what exactly I’ll get back, but like my tax refund, half will go into savings and half will go to my debt.