What would you do if someone walked up to you on the street and gave you a check for $1,200? If the federal government's economic stimulus plan passes as expected, you could have to face this decision as early as May.  Since 2/3 of the U.S. economy is based on consumer spending, the government's plan is for you go on a shopping spree! That sounds like fun, but is it the smart thing to do with your money? Here are my Top 5 Ways to have the economic stimulus plan stimulate your:

5) Give to Charity - "The fragrance always stays in the hand that gives the rose." Give a little to your church or a local organization. Giving always makes you feel better about yourself and it can't hurt to invest a little Karma.

4) Spend it Smart - The Super Bowl is over so you do not need bigger TV. Energy efficient appliances are a good way to save money in the long-run and help the environment. Update your windows, improve you homes insulation, buy energy efficient light bulbs, or a programmable thermostat.

3) Pay Down Credit Cards - Many economists believe a majority of American will use this money to pay-off debt. You can save a boat load in interest and lower your monthly payment.

2) Emergency Fund/ Retirement Fund - The stimulus plan is designed to keep the country from going into recession. But if it is to happened you need to be ready.  Rule #1 of all financial planners is to have 6-12 months of savings to support yourself should you or your spouse loose their job. If you have a lot of short term savings put it in a Roth IRA for tax free growth towards your retirement.

1) Invest in Yourself and Your Business - Take a class, attend a seminar, buy marketing/ promotional materials, get or update your database management software, start or update your website, start or join a networking group, hire a business consultant or coach.

Bottom line, don't waste the money! There is plenty you can do to invest in yourself.

What do you plan to do with your money?