Advantage of being poor

Posted on May 21, 2008 - Filed Under Business |

Thanks to all these wonderful write-offs, the IRS believes I’m poor.  My rebate came  and my question:  What to do with this?

A plethora of ideas came to mind.

All really good ideas.  But some money needed to spent to improve my current situation.  That includes a new 22″ LCD monitor.  Don’t get me wrong, I love my MacBook.  But 13 inches of screen is not very good for hours on end.  Size does matter.  And my Mac handled the new monitor like a charm.  Automatically setup my desk in dual-monitor mode, with the proper resolution.  Absolutely too cool.

Since this is being used for (1) real estate (2) online business, then the entire thing can be depreciated on my taxes.  Nice.

Yes, I understand the spirit of the “Economic Stimulus Package” rebate.  It’s suppose to be spent in order to stimulate the economy.  Now mortgage foreclosures will stop, sub-prime loans will be all better, unemployment will go to zero . . .  thanks to my rebate check.

Where was I?

Fortunately a chunk of my rebate is still in my pocket.  The rest is being sunk into the business.

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Comments

2 Responses to “Advantage of being poor”

  1. Matt on May 21st, 2008 7:46 pm

    A shopping I will go…

    It pretty much sounds like most people are using there stimulant…er stimuls package pay off… er present… to pay off debt or save for that day where the rent/mortgage payment will make them eat ramen noodles and a 50 pound bag of rice for a month.

    We’ll be investing ours as well in our business. Hopefully this will make us grow more quickly and give us the opportunity to create some jobs… That certainly would stimulate a bit… We’ll see…

    Matts last blog post..One for the bookshelf…

  2. Clifford on May 22nd, 2008 4:52 am

    @Matt: Three days after my rebate arrived I got a letter from the IRS stating I was getting a rebate. Tax dollars at work.

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