posted on Apr, 26 2008 @ 01:30 AM
I think it's neither a dud or a good idea for the overall economy. From a person to person standpoint however, I believe it's a good idea. Think
about it, if you're in a bind currently and could really use some extra cash, it's a nice little helping hand. If you're not in a bind, it's also
a nice thing to have because it may help you either get a little security net under yourself or provide a little boost to your day. Most people
really do enjoy throwing a little money around, unless you're one of those rare tight fisted people that squeeze a nickel so tightly the buffalo
poops. As for me, our bills are paid and we're doing fine, but my son's birthday is coming up so part of this will go towards a couple nice gifts
for him that I otherwise might think twice about (or at least have to budget for a couple weeks in advance), we'll do a little home improvement, and
the remainder is going into the growing rainy day fund.
I really am depressed to see how many people still disdain the idea of a savings. Even if you're living paycheck to paycheck, most people can save
$10 or $20 bucks a check. Generally speaking, for those types of people this rebate should be an excellent chance at fattening up their piggy bank.
If you fall in the "just 1 or 2 paychecks away from being homeless" category, then you most likely live in a place where your rent/lease/mortgage is
under $1,000 a month. For a family of 2 adults, that means this rebate check can remove you from that list and give you a one month buffer, if saved,
plus a (very) little bit extra for food and such.
Not the most uplifting thing to do with extra money, but certainly prudent and wise.