What are you buying with your $1200 check?

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local

Golden Member
Jun 28, 2011
1,851
512
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https://www.sideshow.com/collectibles/star-wars-darth-maul-sideshow-collectibles-400313

View attachment 18732

(My wife would kill me though, so weighing out the whole living vs. owning it thing right now )

But why?

I'm going to be the dad of everyone here, and you know I'm going to be right:

THAT $1200 ISN'T A 'GO BUY WHATEVER YOU WANT' FUND- IT"S EMERGENCY MONEY. PUT IT IN AN ACCOUNT, AND USE IT IF YOU LOSE YOUR JOB/SHORT ON CASH/HAVE AN UNEXPECTED EXPENSE.

OK. I'm done.

But if they open just one bar, bam, party on!
 
May 13, 2009
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I'm going to be the dad of everyone here, and you know I'm going to be right:

THAT $1200 ISN'T A 'GO BUY WHATEVER YOU WANT' FUND- IT"S EMERGENCY MONEY. PUT IT IN AN ACCOUNT, AND USE IT IF YOU LOSE YOUR JOB/SHORT ON CASH/HAVE AN UNEXPECTED EXPENSE.

OK. I'm done.
Good advice but I already have some of that lose your job money set aside. And really for most people this is really a stimulus check meant for people to spend.
 
Nov 8, 2012
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That's exactly what Congress and the President don't want you to do. They want you to blow through that money.

Pretty much... do it for the rich people! Your economy needs you!

No but seriously, if people weren't such incompetent fools they COULD save it up, but... alas... they will do exactly what they are predicted to do because they have to keep up with the Jones'
 
Nov 8, 2012
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But really the reason I won't spend it is because it really just isn't jack shit for money.

In the next year I need to:
-Replace our dual water heaters
-Replace the fence-work
-Replace the A/Cs + Ductwork.

$1,200 couldn't pay for any of those tbh.
 

IronWing

No Lifer
Jul 20, 2001
69,386
27,582
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Pretty much... do it for the rich people! Your economy needs you!

No but seriously, if people weren't such incompetent fools they COULD save it up, but... alas... they will do exactly what they are predicted to do because they have to keep up with the Jones'
Or, you know, the ultra wealthy have sucked up so much money out of the system that the workers don't make enough to save.
 
Nov 8, 2012
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Or, you know, the ultra wealthy have sucked up so much money out of the system that the workers don't make enough to save.

Yet somehow everyone always seem to tell themselves that they need to buy something else.

I'll barely be eligible for a partial of this "stimulus" check - and it's only from the large amounts of 401k deferrals and HSA contributions that makes me eligible for any... So based on reports, I'm roughly around the top 10% of income (as most of ATOT are based on the minimum wage)... Roughly 80% of the people I see in the city have a better car than me, a better cell phone than me, and plenty of other useless items that I wouldn't ever buy such as daily starbucks, uber eats for lunch, etc.

It's not a matter of barely scraping by. It's a matter of people convincing themselves that they always need something else every single day.
 

Fritzo

Lifer
Jan 3, 2001
41,888
2,131
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Good advice but I already have some of that lose your job money set aside. And really for most people this is really a stimulus check meant for people to spend.

I'm glad you do. Most people don't, so they needed to hear it.
 

Wreckem

Diamond Member
Sep 23, 2006
9,459
987
126
I read (WaPo) that 2020 income is actually what it's applied against. So they use 2018 or 2019 tax returns if available to determine if you get a check right now, and 2020 to decide how much you pay back or how much additional you get if your income goes down.

Not getting one but if I was there's no way I'd be "buying anything" with it. I already buy what I want and don't buy what I don't. It'd probably end up in savings eventually.

From my understanding it only works one way. If you get paid off 2018 AGI and then when they compare to your 2020 AGI if you got less than you should have you will get it refunded to you. If you get more than you should have you don’t have to pay it back.

It’s designed to give money to those who lose their job in 2020 but made to much in 2018 or 2019.
 

Wreckem

Diamond Member
Sep 23, 2006
9,459
987
126
My wife and our saving ours incase we stop getting paid in August. For that to happen this shit show would have to last through summer. I hope it doesn’t come to that.
 

jameny5

Senior member
Aug 7, 2018
300
77
101
Let me see - pay AT&T's sky high DIRECTV bill. Pay down my Capital One. Give a smidgen of that cash to my bestie. Buy a whole lot of beer, lottery tickets and takeout. Give some handouts to undeserving people. <---- Trust me they will be coming out of the woodworks. They can't wait for those disbursements to happen. Believe me you... And lastly, Act like I got a whole lotta lottas - whatever that may be.
 

Avalon

Diamond Member
Jul 16, 2001
7,567
152
106
Probably just save most of it, and spend a little on takeout at local food places that are hurting. Unemployed at the moment, so I'm not really spending much. However, if I get a job offer from this place that I'm 90% sure I'll get, then I'm picking up a Valve Index VR set.
 

Spacehead

Lifer
Jun 2, 2002
13,201
10,063
136
And really for most people this is really a stimulus check meant for people to spend.
Pretty much... do it for the rich people! Your economy needs you!

No but seriously, if people weren't such incompetent fools they COULD save it up, but... alas... they will do exactly what they are predicted to do because they have to keep up with the Jones'
Yet somehow everyone always seem to tell themselves that they need to buy something else.

It's not a matter of barely scraping by. It's a matter of people convincing themselves that they always need something else every single day.
Consumers must consume!!!

I realize this money is to help keep the economy moving along but i'll be putting this into my bank account. It'll get used slowly by me as i need things. Not going to look for a $1200 item to blow it on.
I need food, i need to pay my bills, that's what this will go toward.
 

Kaido

Elite Member & Kitchen Overlord
Feb 14, 2004
48,516
5,336
136
But really the reason I won't spend it is because it really just isn't jack shit for money.

In the next year I need to:
-Replace our dual water heaters
-Replace the fence-work
-Replace the A/Cs + Ductwork.

$1,200 couldn't pay for any of those tbh.

How are your dual water heaters setup?
 

JEDIYoda

Lifer
Jul 13, 2005
33,982
3,318
126
They are upstairs in the attic, powered by gas. Whatcha mean exactly?
so you don`t really have dual water heaters?? You have 2 water heaters connected seperately to your plumbling.....
By dual I am pretty sure he meant did you have some fancy way of hooking them together?
 
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