Our Economic Stimulus Rebate Compromise
May 12, 2008 – 1:40 pmWelcome to Working For Financial Freedom. If this is your first visit please read about this blog. You can keep updated by subscribing by email or to my RSS feed. Thanks for visiting!
Last Friday we joined the millions of Americans who have received money as part of the Economic Stimulus package. (If you are one of those who makes too much to qualify for the rebate, I truly am sorry. Ya’ll pay a bucketload of taxes and it just doesn’t seem right. We paid in more in taxes than the rebate we received, but not nearly as much as a couple who makes $175K+. Anyway, I digress. Back to our compromise.)
I’ve been getting really intense lately about paying off our debt. We never stopped paying on our debt but as the total amount gets smaller and smaller I’m getting more anxious to pay it off. I have been trying to put every extra cent towards the debt and get a thrill each time I get to adjust the number.
Which is why when the money for our rebate was deposited last Friday I couldn’t wait to throw it all on the mustang loan. I talked to my husband about my plan and got a little surprise. He has other plans and actually *gasp* wants to spend some of the money! So while we don’t have the same level of “gazelle intensity” when it comes to paying down this debt we have reached a compromise for now. Half of the rebate was put on the mustang loan this morning. In the meantime we will discuss plans on what to do with the other half.
Communication is key to a good marriage; and with that also comes compromise. Everyone can’t always have their way all the time.
Have you made any compromises with your spouse on financial-related issues?
2 Responses to “Our Economic Stimulus Rebate Compromise”
I just stumbled upon your blog and wanted to say …WOW you have paid off over $40,000 in debt in a little over a year! That is awesome! Keep up the good work!
By Donna on May 12, 2008
My wife and I are compromising right now as to how we should spend our stimulus rebate. So, far she isn’t budging - I cannot spend a dime. It’s all going to the saving account for now.
The only way I can convince her of spending money, was if I first sell a few toys then I can use the ONLY that money from the sales. She is so smart.
By Curt on May 16, 2008