Thanks for the $600, America: I'm Buying Euros

May 8, 2008 by

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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About David E. Weliver

David Weliver founded MoneyUnder30.com at the age of 25 as he struggled to conquer post-college debt on entry level paychecks. Today, he works full-time publishing Money Under 30 to help other young professionals jump start their financial lives. You can find David on Google+ or LinkedIn.

Comments

  1. Joe says:
    May 10, 2008 at 2:47 am

    You could try to fly to Europe on a U.S. owned airline. That would still be a small contribution. Just a thought.

  2. Money Under 30 says:
    May 12, 2008 at 12:21 pm

    Yup, good point. I’m flying over on Northwest, so the good old USA economy still gets something from me :)

  3. Nickz says:
    June 21, 2008 at 9:54 pm

    I bought $600 of inflation adjusted bonds…

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