Thanks for the $600, America: I'm Buying Euros
I just noticed that I received my $600 economic stimulus tax rebate via direct deposit today. While I am putting this money in my high yield savings account for now, I have to chuckle at how I’m really going to spend this money: on a trip to Europe this August.
So much for stimulating the US economy personally, although I hope others do. Today that $600 is only worth €393, which won’t go far away from home. But an economic boost just may nudge that exchange rate back up a bit before summer.
How are you spending — or saving — your tax rebate?
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I'm David, a 20-something ex-financial journalist with a mission: To help you learn about personal finance, take control of your money, and get on with life!
You could try to fly to Europe on a U.S. owned airline. That would still be a small contribution. Just a thought.
Yup, good point. I’m flying over on Northwest, so the good old USA economy still gets something from me
I bought $600 of inflation adjusted bonds…