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Home » Jobs & Money » Tax Tips » Watch Out… They Are Out To Get Your Tax Rebate Check!

Watch Out… They Are Out To Get Your Tax Rebate Check!

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irs-big-refund-check-for-tax-credit.jpg An email in my inbox this morning started with “How will YOU stimulate the economy?” The person then stated that she is going to use her tax rebate check to take a summer vacation.  Then the sender proceeded to try to sell me a vacation package.

I am tempted to unsubscribe to my home business email lists until after the stimulus checks have come and gone.  I get an email or two like this daily.

Never have I been so bombarded with inquiries into my personal business with the exception of when I was visibly pregnant.

Personally, I do not know anyone who feels like this check is going to mean they get to splurge on a non-essential need for their family.  Most people plan to catch up on bills.  Others plan to purchase much needed shoes and clothing for their children who are beginning to look threadbare and orphaned.  Still others are planning to make much-needed repairs on their home.

Nevertheless, marketers are seeing dollar signs, and they are pulling no punches on offering to help the public spend their government stimulus checks.  You can expect to see offers for “30 to 60 day same as cash” sales right before the stimulus checks are distributed.  You can also expect to see sales crop up for vacation packages as your checks arise.  You should not be surprised if sales people actually insist that you spend your stimulus check on their product or service.

I guess what we need to remember during these times of high-pressure sales tactics is that your tax stimulus check is yours to do as you please with it.

If you want to cash it into single dollar bills and use it to warm your home, then that is your business. (Though I would not recommend it.)  If you want to go to McDonalds and purchase $2,000 worth of gift cards to give to the homeless, you are free to do so.  If you want to load up a pre-paid gas card and use it to counter the high price of gas, then that is your prerogative.

I’m just saying… do not feel pressured to use your stimulus check to pad the pocket of another.  It is yours to do whatever you want …or buy whatever you need.

Andrea
Andrea

I have been a certified tightwad striving for financial freedom since I became pregnant with my first child — and I decided to find a way to stay home with him full-time. I enjoy sharing my personal experiences in my journey back to financial health and planning for a future — which will include sending 2 kids to college and early retirement.

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Filed Under: Jobs & Money, Tax Tips Tagged With: Taxes 101, today's economy

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LynnetteWith input from Financial Advisors, (a Tax Accountant and an Investment Manager), I share helpful tips regarding money and finances -- including debt relief, insurance, budgeting, and investing for retirement. My goal is to help you save more, spend less, and invest for the future by sharing honest, tried & true budgeting tips and tools. When I'm not saving for the future and helping others save for theirs, you can find me at the corner of Good News & Fun Times as publisher of The Fun Times Guide (32 fun & helpful websites).

Lynnette: View My Blog Posts

AndreaI have been a certified tightwad striving for financial freedom since I became pregnant with my first child -- and I decided to find a way to stay home with him full-time. I enjoy sharing my personal experiences in my journey back to financial health and planning for a future -- which will include sending 2 kids to college and early retirement.

Andrea: View My Blog Posts

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