my channels
business · cars · dieting · diy · dogs · etiquette · fitness · frugal living · green living · health · home business · home improvement · jobs · parenting · self help · travel
more

FACTOIDZ Q&A
Factoidz Q&A home >

Get Related Answers
Why getting a second mortgage is a bad idea

What is private mortgage insurance (PMI)?

What is a short sale and can it prevent foreclosure?

Tips to avoid going into foreclosure

Websites for finding foreclosure listings in your area

Renegotiating your mortgage terms

Can you profit from foreclosures? How flipping homes works.

Finding great tenants for your rental property

How to prevent phishing and other online identity scams

Comparing quality of life between United States and Europe

How to spend your stimulus package

Understanding the new federal red flag rules and how they can help you avoid ID fraud

Some ideas to get started in volunteering

Heating your home this winter with these money saving tips

trirunner
  Fz Member - 0 Factoids | 0 answers | + 0 votes

What will the stimulus mean for me?

Asked in Channels: personal finance, real estate, money
10 months ago - Viewed 361 times
Write a Factoid to respond
Flag as inappropriate
 | Edit Title


1 Factoid Answers
Stimulus: $8,000 Tax Credit to first time home buyers
by Don Phelan


1 Short Answers

What will the stimulus mean to you? That's a very broad question. The answer depends a great deal on how you and your life matches up to the details of the bill. For example, if you own a home already, the $8,000 tax credit to first-time home buyers will have no effect on you whatsoever. If you are middle-income earner, you might find an extra $13 a week in your take-home pay -- not even enough to buy burgers for the family at McDonald's.

If you work in the healthcare field, the stimulus package may improve your job security. If you work at one of America's steel "mini'" mills, you may find yourself going back to work to build steel beams for infrastructure projects. Teachers and school workers may find a bit more job security and those employed in "green technology" will be more sought-after than they have been in recent years.

Without knowing more about your specific situation, it's hard to know how the stimulus plan will impact you individually.

+ 0 votes
   |   Was this answer helpful?


Posted 6 months ago by

Don Phelan  Fz Expert - 39 Factoids | 18 answers | + 108 votes