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Re: What are going to do with your windfall??
Rich'sToys #1351966 Fri Mar 27 2020 07:23 PM
Joined: May 2015
Posts: 2,994
Housekeeping (Moderator) Making a Stovebolt Bed & Paint and Body Shop Forums
Originally Posted by Rich'sToys
I'm retired, so I assume I probably won't get one.
Depends on your income level from what I understand. If you're just on Social Security, you'll probably get something.


Kevin
First car '29 Ford Special Coupe
#2 - '29 Ford pickup restored from the ground up.
Newest Project - 51 Chevy 3100 work truck. Photos [flickr.com]
Busting rust since the mid-60's
Re: What are going to do with your windfall??
WE b OLD #1352061 Sat Mar 28 2020 10:31 AM
Joined: Mar 2003
Posts: 244
D
Shop Shark
Not bragging but my wife and I are good financially, so this money would be a bonus for us. And yes, we probably use it for the grandkids, although they are fine too, so I think we are going to try to put some smiles on other people’s faces. Food banks here are short cash and the demand is up, gift cards to service people like our garbage guys, generous tips to the takeout food folks. If you can help fellow humans, why not?

Re: What are going to do with your windfall??
WE b OLD #1352113 Sat Mar 28 2020 05:51 PM
Joined: Feb 2011
Posts: 902
R
Shop Shark
Put it into a bank savings account for the additional taxes that will be forthcoming!

Rick

Re: What are going to do with your windfall??
WE b OLD #1352126 Sat Mar 28 2020 06:51 PM
Joined: Aug 2005
Posts: 9,161
Master Gabster
Spend it. What I've read is it won't be taxable income. I guess we'll find out next tax season.


Save a life, adopt a senior shelter pet.
The three main causes of blindness: Cataracts, Politics, Religion.
Name your dog Naked so you can walk Naked in the park.
Re: What are going to do with your windfall??
klhansen #1352138 Sat Mar 28 2020 08:07 PM
Joined: Jan 2010
Posts: 4,630
D
Shop Shark
Originally Posted by klhansen
Depends on your income level from what I understand. If you're just on Social Security, you'll probably get something.



https://www.washingtonpost.com/graphics/business/coronavirus-stimulus-check-calculator/

Re: What are going to do with your windfall??
WE b OLD #1352541 Tue Mar 31 2020 04:37 AM
Joined: Nov 2012
Posts: 318
M
Shop Shark
That $1200 Gov-ment check will just about cover the cost of this baby....

https://www.armsunlimited.com/Beretta-1301-Tactical-Semi-Auto-12-GA-Shotgun-p/j131p18.htm

.

Re: What are going to do with your windfall??
WE b OLD #1352556 Tue Mar 31 2020 09:44 AM
Joined: Feb 2001
Posts: 6,874
W
Master Gabster
I would like to use it for a deposit on a Plymouth but I am afraid to go shop. ohwell


Ron, The Computer Greek
I love therefore I am.

1960 MGA Roadster Sold 7/18/2017
1954 3100 Chevy truck in the Gallery
2017 Buick Encore
Pix on Photobucket
Re: What are going to do with your windfall??
WE b OLD #1352724 Wed Apr 01 2020 09:51 AM
Joined: Feb 2001
Posts: 6,874
W
Master Gabster


Ron, The Computer Greek
I love therefore I am.

1960 MGA Roadster Sold 7/18/2017
1954 3100 Chevy truck in the Gallery
2017 Buick Encore
Pix on Photobucket
Re: What are going to do with your windfall??
WE b OLD #1352803 Wed Apr 01 2020 09:55 PM
Joined: Oct 2001
Posts: 2,888
J
Shop Shark
If no emergencies crop up, ours is going to the local food bank.


"Happiness equals reality minus expectations" - Tom Magliozzi
Re: What are going to do with your windfall??
rickmg #1353374 Sat Apr 04 2020 11:23 PM
Joined: Feb 2002
Posts: 2,981
Socket Breaker
Originally Posted by rickmg
Put it into a bank savings account for the additional taxes that will be forthcoming!

Rick

^ the voice of experience here.

-Woog

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