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Did You Spend Your Rebate Check?

Yesterday's news that the US's Gross Domestic Product only grew 1.9 percent despite the recent flood of rebate checks is a bit surprising. The rebate checks were technically a one-time tax cut that you don't have to pay back and are considered an advance on the taxes you'll owe in 2008, but the government hoped consumers would use the "extra" dough and boost the economy by buying things.
Source

daisymay81 daisymay81 9 years
I used $400 to pay for hotel and gas that we had spent the weekend before and the other $800 went into savings!
cnlew cnlew 9 years
I bought a wakeboard for myself, and 4 new tires for my car.
Martini-Rossi Martini-Rossi 9 years
I brought an Ipod and put the remaining in savings.
inoiazotro inoiazotro 9 years
i paid for school
bigestivediscuit bigestivediscuit 9 years
"Yesterday's news that the US's Gross Domestic Product only grew 1.9 percent despite the recent flood of rebate checks is a bit surprising." Really? Didn't surprise me at all. I think I assumed that the majority of people would put this money towards bills or debt.
graylen graylen 9 years
I used it to go towards my new car.
Schaianne Schaianne 9 years
I paid down some bills.
sophia_HL sophia_HL 9 years
I put it in a savings acct
LadyLibertine LadyLibertine 9 years
sadly wrong country so did not get it dang it
surfergirl808 surfergirl808 9 years
$600 is nothing these days...have you ever kept track of how much your state and the federal government takes out for taxes? my personal estimate is $1600/mo. Thats almost 20 grand per year!!! That could be a down payment on a house!! Talk about "stimulate" the economy!!!
Spectra Spectra 9 years
We put ours toward our principle on our mortgage so we can pay it off faster.
blu-eyes blu-eyes 9 years
I spent it all, and it was at Louis Vuitton same as the picture...too funny.
gabiushka gabiushka 9 years
Went to savings.
md12398 md12398 9 years
i paid off my credit card balance--in full!
chipjimi chipjimi 9 years
I didn't get one either. I didn't qualify :( I would have gone shopping.
ilanac13 ilanac13 9 years
i didn't 'spend' it persay - i used it to pay off some of my bills since that's the key thing for me right now. i want to have $0 debt ASAP
redegg redegg 9 years
Yep, we bought furniture.
faerymagick15 faerymagick15 9 years
It went completely to bills.
bluebellknoll bluebellknoll 9 years
I deposited mine in my savings acct but I used a big chunk of my savings to pay off a credit card. So, I guess it went to pay debt!
erocka erocka 9 years
I didn't get one because the government decided that I make too much money. Which is a crock of crap. If I did receive one, I would have spent it on oodles of goodies, thus stimulation the economy. They shouldn't have limited it.
dcfashionista dcfashionista 9 years
I used mine to pay my rent. So that I can stimulate a roof over my head for one more month.
Lindira Lindira 9 years
It's in a savings account right now, waiting to be used for our big move at the end of August. If all of it doesn't get eaten up by moving costs and the security deposit (damn you, Santa Barbara apartments! *shakes angry fist*), THEN we'll spend the rest on stuff like a new desk, microwave, and/or refrigerator.
cmd0610 cmd0610 9 years
Went to my savings account but eventually will get used either for our wedding or for a vacation (we are going to Hawaii in a week yay!).
oliveoyle625 oliveoyle625 9 years
Bought myself a trip to Hawaii to go see our friends' get married and used the other half for miscellaneous items such as bills, etc.
RosaDilia RosaDilia 9 years
Paid credit card bill.
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