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Message from Lynn:
Dear Friends:
How many times have you gone to sleep thinking about all the wonderful things you'd do if you found a couple thousand dollars or better yet won the lottery?! Maybe you'd buy a boat or a new car, pay off debt, or take a vacation? How about saving it for a rainy day?
If the economic stimulus package proposed by the president is passed, many Americans will soon receive a check in the mail. What will you do? The American Institute of Certified Public Accountants has a few suggestions to help you responsibly use the money.
- Pay off high-rate loans such as credit card balances
- Create a budget
- Guard against get-rich-quick schemes
- If you choose to invest, speak with a financial professional to help you decide the best way to invest
- Spend wisely if you chose to indulge yourself with something you've always wanted.
February's MoneyWise covers a number of topics. I hope you find a couple helpful.
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MoneyWI$E is an informational service provided by Kansas State Treasurer Lynn Jenkins, CPA for
the people of Kansas. The material contained within MoneyWI$E does not necessarily reflect the
views of the State Treasurer, the State of Kansas, or other contributing sources. MoneyWI$E is a
free newsletter; materials contained within this issue may not be reproduced without express
written permission of the State Treasurer or the contributing source. The opinions provided herein
may or may not be appropriate for any individual's specific financial situation. Individuals
are advised to seek the advice of a licensed financial planner, stockbroker investment advisor,
or attorney before acting upon the information provided herein or making any investment decisions.
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