Rebate checks: How to spend 'em

3 of 30

Frank Velez: Summertime blues

Frank with his daughters, Adriana and Nyasha

• Issue #1: America's Money
• How will you spend your check?

Office manager, 29, Tampa, Fla.

I am a single father trying to make ends meet. I depleted my savings and stocks and money is extremely tight.

I actually had to withdraw my youngest daughter from preschool because I could not afford it anymore. She was doing great and I feel guilty that I can not afford it.

Summer vacation is coming and I need childcare for my two daughters so I can work. And with the cost of gas still climbing with no peak in sight, I am very worried.

I am going to use my check to somehow carve out a decent summer for my girls.

NEXT: Angelo Maniquis: Saving for a rainy day

Last updated August 12 2010: 3:57 PM ET

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