Thursday, May 22, 2008

Economic Stimulus = Home Improvements

Like most Americans, you may have been wondering what you can spend that eagerly-awaited economic stimulus on. Some families are getting in those much needed home improvements that have been on their "Honey Do" lists for too long.

The amount of your stimulus check depends on the size of your family, so we have listed some ideas for home provements based on a single persons stimulus amount, that of a married couple with out children, and that of a family of five.

If single, and eligible to receive the economic stimulus, you would or will receive $600 from the federal government. For the average do-it-yourselfer, $600 could go a long way to improving your home. With that amount, you could add a fresh coat of paint to a few rooms in your house, power-wash your deck, or you could buy mulch, fruit trees, and flowering plants & shrubs to add curb appeal to the outside of your home.

Married couples are eligible for a $1,200 stimulus check, with which they can really spruce up their homes!
With $1,200, a young couple could buy or replace a large appliance, such as a refridgerator or a washer and dryer. Every young wife deserves a washing machine and dryer! If home improvements are more your interest, $1,200 could help you replace uninteresting or out-dated lighting fixtures or ceiling fans - or maybe to buy a new front entry door.

Couples who have children qualify for an additional $300 per child under the government's stimulus plan. That means that a family of five should receive $2,100 from the federal government, and that helps a lot toward expensive home improvement projects, such as deck building. You could build a pretty nifty backyard playhouse for that amount, or maybe your home needs a new roof. $2,100 may not pay for the entire re-roof, but it would take care of a large portion of that cost. If you are one of those families who will receive a tax refund in addition to your stimulus, you're in good shape to really improve your most important investment - your home.

3 comments:

Anonymous said...

Economic Stimulus = Home Improvements

Anonymous said...

We used ours to do some landscaping, and painting.

Yvonne Kirby said...

Thanks a lot for blogging this, it was unbelieveably informative and helped me tons.
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