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It's finally official. I've been waiting patiently for what seemed like an eternity (it was actually just a few weeks). Yesterday, I received notification in the mail from the I.R.S. that I should be receiving my economic stimulus payout of $600 by June 27, 2008. That's right, in a couple of days, my account should be $600 healthier.
Unfortunately, I don't plan to use it how the government intended. I would love to help stimulate the economy but stimulating my savings accounts feels so much better. I will split the money equally between my Flexible Savings Account and my Emergency Fund.
With the coming stimulus check and an extra paycheck in July, my Emergency Fund should be fully funded ($20k) by the end of next month.