If you haven't received the letter yet or read it all over the web, the IRS has posted a calendar with the potential dates of when you should receive your economic stimulus payment. Don't worry when you receive the letter from the IRS, it clearly has "Economic Stimulus Act of 2008" in red on the front of the letter above your name and address. If you have not yet calculated your potential payout, you can use this detailed calculator from the IRS.

If you filed your taxes and selected the direct deposit option for your refund, you should check the direct deposit section of the calendar. If you did not select the direct deposit option, you
should check the paper check section of the calendar to see when you will receive your check in the mail.

Do you plan to help stimulate the economy? I haven't decided on how I will use my payment but I seriously doubt it will be for a frivolous unplanned purchase.

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  1. Anonymous // March 19, 2008 at 7:40 AM  

    Nope! 1/2 will go toward debt and 1/2 into my emergency savings.

  2. "Future Millionaire" // March 19, 2008 at 8:06 AM  

    Until recently I thought I'd just stick it in the bank and let it work for me by earning interest (low thought it may be thanks to the Fed's rate cut). But now I'm thinking about maybe using it to stimulate the economy and buying a TV. Yeah I know totally goes against my normal financial habits.

  3. Anonymous // March 19, 2008 at 1:37 PM  

    Plunk! That's the sound of my check going right into my savings account and staying there.

  4. Chitown // March 19, 2008 at 4:24 PM  

    Paying off debt!!!

  5. JW // March 20, 2008 at 3:35 PM  

    We plan to either add it to our Baby Emergency Fund, use it to pay down our debt, or both.


  6. Unknown // March 20, 2008 at 9:18 PM  

    I do have plans to help stimulate the economy.

    My own economy, that is. ;)

  7. Anonymous // March 21, 2008 at 12:23 AM  

    saving stimulates the economy - it increases investment

  8. Anonymous // May 15, 2009 at 5:58 PM  

    Buying a used living room set that is very beauitful

  9. Anonymous // May 15, 2009 at 6:00 PM  

    buying clothes

  10. Anonymous // June 5, 2009 at 1:49 PM  

    Using coupons before shopping - one site I like is http://www.fabuloussavings.com. There's tons more online as well. You can save a bundle.