I have to admit that in previous years, when I received a stimulus check from the government, I knew what I was supposed to do with it. The patriotic thing was to go out and spend it … to stimulate the economy. I confess I usually gave it to VISA to pay for previous stimulation. Kind of a stimulate now, pay later system I had developed.
A few weeks ago, when I realized my bank account was fatter by $250, I considered what I might do with that “free money.” This time, it wasn’t absolutely necessary for me to give it to VISA. I might just put it in my savings account and let the interest pile up.
However, before the transfer was made from checking to savings, the need arose to purchase a new starter for my van, thus stimulating the economy for the local mechanic, who would then stimulate sales for the parts dealer, who would stimulate the economy for the car parts maker.
Now I understand how it works and I’m just glad to do my part.