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How are you spending your stimulus?

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!!?
 
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
 
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.
 
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!
 
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?
 
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.
 
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
 
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?
 
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 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
 
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.
 
Um. Absinthe..............















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

option 1; Booze/Party

option 2; charity, savings.

which one does Rudd and Swanny support
 
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/


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