Our Stimulus Check Finally Arrived — Will We Save It All?

by Kevin on June 13, 2008

meat stimulation

(Photo by The Joy of the Mundane)

Earlier this week our economic stimulus check finally arrived in the mail. My wife deposited it in our account yesterday on her way home from helping out at Vacation Bible School.

Originally, we had planned to stick all $1,200 of it into our emergency fund. That plan has changed up a bit. We’ve had some additional expenses crop up with getting a dog and we now need to purchase a larger crate. Our original crate was free from my parents, but Maggie is eventually going to out grow it.

We’ve also had a few other issues crop up that we would be paying out of pocket for regardless. Based on our estimates, we’ll end up saving $845 of the total. That’s right at 70%. It’s not as much as we’d like, but it is definitely a nice boost to the emergency fund, putting us way ahead of schedule to fully fund it with three months worth of living expenses.

Have you received your stimulus check?

What did you do with it?

{ 1 comment }

squawkfox June 14, 2008 at 3:15 pm

Saving 70 percent sounds pretty darn good to me. Kudos for saving the lion’s share of the cash. Since I’m Canadian I don’t get a stimulus check…darn.

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