Money for Free?

What I'm referring to in my title is the soon to be passed tax rebate the government will be sending most of us to stimulate the economy. The typical family of 4 is looking at a $1,800 rebate. That's some serious cash.

If you are like most people, you are already dreaming of ways to spend the money. Here's what the readers of Kiplinger's web site are saying they would do with it.



I'm in the 19.5% number.

I want to strongly suggest to you that whatever you decide to do with the rebate, make the decision well before the check hit's your mailbox. If you are married, sit down with your spouse and put on paper where and what you are going to do with the money. This way when it arrives, you already have a plan and there is no $1,800 impulse purchase.

Cindy and I have already decided what we are going to do.

1. $200 giving to NewPointe
2. $300 invested in Chaz & Katie's Educational Savings Account
3. Balance into our emergency fund.

What's your plan?