So, even though I think it's a colossally bad idea for the government to just hand out cash, and even though I think that when you do get that cash you should put it towards your debt or in savings and thus negate the whole stimulating of the economy thing, I am totally stoked to get out direct deposit. Why? Because I'm not following a lick of my own advice.
Since Dave and I took the Dave Ramsey Financial Peace course last fall, we've paid off over $12,000 in consumer debt and plan to be debt free (excluding our mortgage and my insane private Christian college student loan) by the end of this year. We've been living pretty lean and mean to get to this point and I have to say we're pretty proud of ourselves. And here is where our economic stimulus plan comes in. Instead of moving up our debt free date, Dave and I decided to go splitsies on the money and have some fun. Oh yes, that means we're drawing a line straight down the middle and he gets to do whatever he wants to with his half and I get to do whatever I want with mine. The Ramsey would be so disappointed.
I, however, am totally geeked. Here's the plan, once the check hits the bank, Dave and I are going to go get a little swing set for the kids. The rest of the cash dollars will get split and into our hot little hands. Dave will most likely be purchasing a bunk motorcycle to work on to his tinkering hearts content, and I will be purchasing...something. I'm thinking of maybe getting something off of my Christmas Fantasy List, even though my dream purse has changed. Maybe I'll fix up the house a little and paint some rooms (ha.), maybe I'll replace some items in my wardrobe that have seen some better days. Maybe I'll use the money for CVS shopping and get a billion things for my money :).
After living for quite some time (relatively, anyways) on a pretty strict budget, I'm kind of excited about spending a little willy nilly. What's funny is that this is kindof throwing me for a loop. I mean, I haven't felt deprived on our budget, I haven't felt like I've missed out on a lot. Dave and I discussed where we wanted our money to go and at what level we were content to live at to get out of debt the fastest. And so, while I wasn't getting to do all the stuff we'd done in the past (eating out whenever we wanted to, buying clothes just because, getting the kids a fun little toy whenever we went to a store), I was so excited at seeing the debt get lower that it didn't seem to matter. And now, all of a sudden, I am able to throw caution to the wind and do some fun stuff and have it not mess up my plan at all!!
I have to say, in case you couldn't tell, I'm quite excited. But what about you? What are you doing with your check?