Tuesday, March 23

COVID Relief Stimulus

My wife and I have received individually the following monies:  $1,200, $600, and $1,400 for a total of $3,200 each or as a couple $6,400...  and, while we are appreciative for these tax payer funds, we did not need the money in order to pay our monthly bills or to compensate for not working because both of us have been retired for a little over 5 years and were currently relying on Social Security Payments as well as our Savings as well as a Trust Fund that was set up for us by our parents.

Neither my wife nor I live HIGH ON THE HOG as they saying goes but we have enough money each month to pay our bills, save a little money, go on 6 weekly vacations each year, and go out to a restaurant once or twice a week...  we also have sufficient funds to pay for any unexpected expenses that we have already encountered or will encounter in the near future.

While COVID relief packages by both the Trump and Biden administrations have been received, all of these monies are in our savings account and there are no plans to spend these monies anytime soon.  Of course, one could easily say that we are spending these monies and saving our other monthly income, but the fact remains that we did not need these monies to survive and will not be spending these monies to somehow improve our lifestyle

OFF THE RECORD:  I am really concerned about our Government Spending and how our National Debt is increasing to the point that it will be financially dangerous for America.  This concern targets both parties and is seen as being financially irresponsible.  However, regardless of what happens to our Federal Government and our National Debt and potential consequences, it will not impact my wife or I to any great extent...  which is exactly why we continue to save money.

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