Twitter   RSS   Email  

 How the Global Economy is Dependent on Christianity

 Why America May Never Recover From the Recession

 Save Money Homeschooling

How I got an Additional $180 with my Stimulus Check

By: Steve Johnson

6/17/2008 - 97 Comments

This last weekend the newspaper was full of discounts connected to stimulus checks, with everyone trying to lure people to spend their rebates at their store.

The most interesting discount I found was at my local grocery store.  The idea is to get you to spend as much of your stimulus check as they can at their store.  For every $300 dollars of your stimulus check that you put on a gift card, they will add $30 more - 10%. 

Here were the rules;

To prove you were using your stimulus check money, you had to show your bank statement or bring in your stimulus check and cash it at the store.  They would only accept cash, so if you had your stimulus check directly deposited into your bank, you had to withdraw the cash and bring it into the store.  The limit was $1800.   

This was the best deal that I could find, because buying groceries is a necessity and I didn’t have to buy anything that I didn’t need.  The deal was worth 10 percent free are clear with no strings attached.  With a family grocery expense of about $450 per month, I would get 10% on my money in 4 month ($450 x 4month = $1800) – which is about a 30% annual percentage rate (API).  This certainly beats the bank CD’s rate of 2.9% or the saving rate of 1.2%.  So, I did it. $1800 in cash bought me a gift card worth $1800 + $180 = $1980.

You can do the same

The key is to stay alert and look for opportunities like this one to make the best of your stimulus check.  Take full advantage of the opportunities that you find and put your money to work for you.  If you have some money in savings, you could take advantage of several different offers at the same time by investing your money at several stores. For example, I could also invest $1800 at menards and get an additional 5% on my money if I was in need to building materials. 

What deals did you find? Can anyone find a better deal than a 10% return in four months?

Copyright © 2022 All rights reserved.

How to Save Money Every Day

Ellie Kay has done it again! In her new book "How to Save Money Every Day," Ellie will have you laughing (literally!) all the way to the bank with the money you'll save following her tips. What makes Ellie's advice so extraordinary is that in many ways it's so...well...ordinary! This is practical stuff anyone can put into practice every day in every area of life.

Crash Proof

Peter Schiff has predicted the economic hardship more accurately then any other economist in the world in this book. Everything from the housing crash to the credit crunch to the stock market. Peter has a plan to help you servive the crash. Peter explains why the Wall Street investment firms are still trying to sell you stocks, and was the house prices are likely to continue to decline for years to come.

Your Money or Your Life

There's a big difference between "making a living" and making a life. Do you spend more than you earn? Does making a living feel more like making a dying? Do you dislike your job but can't afford to leave it? Is money fragmenting your time, your relationships with family and friends? If so, Your Money or Your Life is for you. From this inspiring book, learn how to, get out of debt and develop savings, reorder material priorities and live well for less, resolve inner conflicts between values and lifestyles, convert problems into opportunities to learn new skill, attain a wholeness of livelihood and lifestyle, and much more.

Complete Financial Guide for Young Couples

It is a scary thought that most marriages that end up in divorce do so over financial concerns. Larry Burkett's book shows the clear value of managing your money in your marriage. He cites many examples from consulting where families were unprepared for financial situations that arose in their lives. Most importantly, Mr. Burkett emphasizes the use of a budget in order to avoid these pitfalls and take the stress out of your marriage.