How are you spending your stimulus?

[Julia]

Re: How are you spending your stimulus

Nada, as I don't get any... again...

Same here, Trevor.

 

[Calliope]

Re: How are you spending your stimulus

I will most likely be spending my entitlement on pr0n.

(the top shelf stuff)

lol

George Best had the right idea

I spent a lot of money on booze, birds and fast cars. The rest I just squandered

 

[shaunQ]

Re: How are you spending your stimulus

Same here, Trevor.

Yeah. I know. Well even though there's only been 2 or 3 responses mentioning the market. I'm still hopeful of it giving some boost - that way, its quite possible you and others can be benefit as well. There was a boost in December/January (which I know historically is always pretty good), but perhaps the previous stimulus played a role?

Perhaps we could all choose the same stock and we'd all be rich!!?

 

[Largesse]

a large contingent of the engineers at uni are having a 'stimulus party'.
everyone is required to contributed 200$ of their payment into a pool of funds which will be blown on booze drugs and strippers.

i'm not an engineer so i'm not allowed to participate so i'm just going to clear of the last part of my credit card debt and put the rest into my savings for my house deposit

 

[sinner]

If I only get 1 payment then it will just get dumped into the savings account to be dealt with as if it was budget. Probably 15% will get invested.

 

[wabbit]

I don't NEED the cash right now, so I will be adding my $$$ to my super, so I only need to add another $100 to make up the $1000 annual contribution; Kevin will give me another $1500 at the end of FY. $2500 for $100, very low risk.

R:R not to be sneezed at?!

wabbit


P.S. I do wish I were an engineer though!

 

[JTLP]

Probably just dump it on my credit card debt...or buy another ticket (1 way) overseas with this crappy economic state...

Sinner, Prospector nailed it. If you were receiving youth allowance and submitted a tax return whereby you did end up paying tax...you will get 2 payments.

Is it $900 or $950 for under 80k?

 

[sinner]

Damn. No youth allowance.

In that case, $950 really doesn't change much to my budget and plans. I might just dump it in the account and send 0.33 of it to the Salvos or something.

A bit expensive but you can buy a goat!

http://www.heifer.org/site/c.edJRKQNiFiG/b.2529663/

By my calculations, for 0.33 of 950AUD and our ****ty exchange rate, you can donate 1.8ish goats to a 3rd world family. Luckily they have whole (120USD) and mini (10USD) contracts for the goat to make position sizing easy.

 

[Largesse]

950 for YA
900 for <$80k for FY07/08 assuming you paid >$0 tax

$1850 for you average student.
considering my books cost me close to 550$ this semseter, i'm not upset

 

[white_goodman]

Re: How are you spending your stimulus

Sinner, if you receive Youth Allowance you will get it as a full time student, otherwise not.
Mine will go straight into the offset account against the mortgage of our IP. Not in spending mode at the moment.

im on youth allowance and paid the correct amount of tax, surely i can double dip?

 

[knocker]

I have a group certificate from last financial year but couldn't be bothered lodging a return since they owed me about 10$ Will I still be eligible? I am in the lowerr bracket

 

[Largesse]

Re: How are you spending your stimulus

im on youth allowance and paid the correct amount of tax, surely i can double dip?

read my above post.....

 

[Largesse]

I have a group certificate from last financial year but couldn't be bothered lodging a return since they owed me about 10$ Will I still be eligible? I am in the lowerr bracket

no notice of assesment = no payment

 

[shaunQ]

I have a group certificate from last financial year but couldn't be bothered lodging a return since they owed me about 10$ Will I still be eligible? I am in the lowerr bracket

I think I remember hearing about an appeal mechanism, but I would be quick to send it in. Do it online.

 

[Trevor_S]

Re: How are you spending your stimulus

I might buy a PVR.

Perhaps a TIVO, Kerry Stokes needs a boost

 

[inenigma]

Um. Absinthe..............















Oh, and yeah, a bunch of flowers for the missus and me mum.

 

[white_goodman]

Um. Absinthe..............

Oh, and yeah, a bunch of flowers for the missus and me mum.

dont be a fag, casino all on black

 

[Julia]

a large contingent of the engineers at uni are having a 'stimulus party'.
everyone is required to contributed 200$ of their payment into a pool of funds which will be blown on booze drugs and strippers.

Fantastic! Just what I always hoped my tax dollars would go to.

Damn. No youth allowance.

In that case, $950 really doesn't change much to my budget and plans. I might just dump it in the account and send 0.33 of it to the Salvos or something.

A bit expensive but you can buy a goat!

Great idea, sinner. Goodonya.

 

[beerwm]

Funny;

option 1; Booze/Party

option 2; charity, savings.

which one does Rudd and Swanny support

 

[sinner]

Fantastic! Just what I always hoped my tax dollars would go to.


Great idea, sinner. Goodonya.

Here is another worthy investment. Send your stimulus dollars overseas!

http://www.shakti-streetkids-pushkar.org/

Pushkar is a holy city in Rajasthan. Since the arrival of more and more tourists especially foreigners some gypsy families [itinerant travellers] have settled in Pushkar and their numbers are increasing day by day.
Lots of gypsies can be seen begging in streets of Pushkar.
Ransingh says "Kids of these families are not going to school but involved in the 'profession' of begging.
This made us think something needs to be done about the future of those kids.
They are also human beings.
To help these street children we started this Project."

The Project started in a tourist's hotel room about 8 years ago and has grown from there.

Ramsingh left his job in a hospital in Delhi to become the coordinator in 2003.
Until 2006 the original supporters from Europe collected donations to support the Project and the children continued to thrive.
They pulled out late 2006, leaving a huge gap in support for the Project NO Income
Ramsingh could not bring himself to walk away, and so has been trying to keep the project afloat.

In 2007 the Project was officially recognized by the Government of India as a Registered Charity. Recognition is a formal thing to authenticate the Project, checking the premises, programme and the accounts- it does not bring any financial help.

This means the Project can have a bank account in it's own name and is open to Government scrutiny at all times to see it is meeting the goals it has set supporting children into education. It is a registered Charity and can issue a receipt in its name - you can claim tax off sets with this in some countries- eg Australia.

The Project relies completely on the
generosity of others.

I will be donating an amount equal to my weekly budget % for groceries to these guys next payday, regardless of the stimulus.