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?