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It's like your Birthday, Christmas, and Valentine's Day all in one. (Okay, maybe not that good.) But, starting in May, the government will be issuing economic stimulus payments to help give the economy a much needed boost. The average family of four should receive $1800. For more information on the payments, and to figure out when you should get yours visit the IRS web-site. Although it's tempting (and wiser) to put the money in savings or pay of debts, the government is hoping us American's will spend it immediately. Here are twenty-five fun ways to spend your payment on your family: 1. Enroll Your Children In a Class or Sport: Has your little one always wanted to take ballet but you couldn't afford it? Well,now you can - at least for the next year. Use the payment to enroll your child(ren) in lessons (piano, violin, dance, karate, drama etc.), or sports (tennis, golf, gymnastics, football, etc.). It will not only stimulate the economy, it will stimulate their social skills, talents, health, and self-esteem as well. 2. Throw a Neighborhood Block Party: Now you have a great excuse to meet the neighbors. Throw a big block party (be sure not to leave anyone out), complete with delicious food, games, and don't leave forget to rent an inflatable jumper for the little ones. 3. Host an Exchange Student: Okay, the economic stimulus may not fully cover the additional cost of hosting an international student - (there's no fee, but you need to pay for food, etc.) - but it can help out. Opening your home to an exchange student will teach your child about another culture, and perhaps develop a lifelong friendship. There are many programs to choose from including http://www.ayusa.org, http://www.effoundation.org, and http://www.sea-usa.org. 4. Hire a Housekeeper: Who wouldn't love to take a break from dusting and cleaning? There might be a single mom, retiree, or struggling college student who cleans homes and would love your business. The stimulus should pay for a housekeeper twice a month for a year. 5. Donate it to a Non-Profit Organization: When the economy is hurting, non-profit charities lose donations and therefore offer less services to the disadvantaged. This is a great time to make a charitable donation. You can simply write a check to various charities such children's homes for abused/neglected children, or you can use the payment to buy needed items. Most agencies have a "wish list" of items they want. You could also be creative, you might use your stimulus to buy tennis shoes for homeless children, or diapers for families in need. There are numerous agencies who could benefit from your kindness. 6. Send Care Packages to Troops or Missionaries Overseas: Care packages can be like little containers of pure gold for someone serving our country, or working as a missionary overseas. Perhaps you could start a list of friends, family, neighbors, coworker's family, etc. who are serving in Iraq (or elsewhere) and send them a care package full of snacks, toiletries, card games and more. 7. Take Everyone to the Dentist: If you haven't been going every 6 months as recommended, now is a great time to take everyone in for a checkup. Perhaps you could even pay to have your teeth whitened, if you wanted. 8. Purchase a Summer Membership to a Swimming pool: Swimming is not only good exercise, it's just plain fun. Your children would love to go swimming frequently throughout the summer, it'll keep them busy and in shape. 9. Buy Backyard Play Equipment for Your Children: If you have younger children, the economic stimulus payment would be wonderful if used for a swing set, sand box, water table, ride-on car, etc. Don't forget when they outgrow them you can sell them (for less of course) at a garage sale. 10. Send Your Kids to Summer Camp: Consider it an investment into your child's education and life experiences. They could attend Space Camp, a Church Camp, Sea World Camp, or hundreds of other fun and exciting outdoor adventures. 11. Buy a Video Camera: If you haven't been capturing those special moments on video tape, now is a great time to purchase a video camera. Who knows, maybe you'll catch something funny that'll be great entertainment at your kids wedding rehearsal dinner someday. 12. Give Your Yard a Makeover: By planting a few trees and landscaping the yard, you'll add value to your home. Consider it an investment into your house. 13. Get Family Photos Made: Hire a photographer or go to a studio for a nice family portrait. Perhaps try something a little different, such as black/white photos, etc. Don't forget to include them in your Christmas cards. 14. Eat Out Once a Week for the Summer: It'll be nice to get a break from cooking and will promote family bonding. Perhaps let each person choose a place for the week and let choices rotate until the money is up. If anyone complains about the child/parent's pick, then they lose their chance to pick again the next time. 15. Redecorate the Living Room: (Or Bathroom, Bedroom, etc.) Try to make it a family project where everyone helps out. Get new pictures, curtains, accessories, furniture etc. 16. Have One-on-One Parent Nights: Throughout the summer each parent could rotate going on "dates" with one child. Children will love the personal attention and it'll be fun. Perhaps go play putt-putt, bowling, see a movie, etc. 17. Go on a College Road Trip: This ones geared to families with teens. This summer would be a great time to visit perspective colleges, perhaps choose their top 3-6 and make a fun road trip out of it. You can also divide it up into several mini trips. It'll help them in their decision for college. 18. Create a Library of Educational Computer Games: If your children are younger, buy several fun, but educational computer games. Some include Math Blaster, Word Blaster, Magic School Bus games, and more. When they get older you can sell the games on eBay. 19. Stock a Gift Closet: If your children frequently get invited to birthday parties, or you go to baby showers often, consider stocking up on a bunch of gifts so you won't have to make last minute shopping trips before a birthday party or shower. Of course, the downside is that the gift won't be picked especially for the person, but you can buy lots of fun items such as Play-Doh Sets, Mr. Potato Heads, Infant Toys & Books, etc. 20. Start a Side Business: Invest the money in a new business. If you've always want to start a law-care business, elderly sitting business, etc. put the money to it. One idea is to start a vacation pet-sitting business. For tips, read "How to Start a Pet & House Sitting Business." 21. Buy a Heirloom Family Ring: If you have a daughter, buy her a nice ring (it could be a birthday gift). Encourage her to pass it down to her daughter/granddaughter/niece and so forth. 22. Get Professional Massages: This one's for the parents. Treat yourself to a professional massage every 2-3 weeks until the payment runs out. Massages improve overall health, alleviate back pain, lessen depression, and more. 23. Buy Exercise Equipment: It could be a treadmill, bicycle, or more. Just remember to use it, and you'll be investing in good health. 24. Get New Tires: If it's time to replace the tires, take your car in. You'll save more on gas mileage as well. 25. Adopt a Pet: Go to a pet shelter and adopt a new friend. Use the $1500 dollars on food, shots, toys, and grooming. Having a pet improves the overall quality of life. Happy Spending! Enjoy! |
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