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  1. #21
    kss's Avatar
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    Quote Originally Posted by hobo finds View Post
    Wife a dental hygienist out of work. I work for a garbage recycling facility in the mechanics shop i am not a mechanic more like the shop ***** lol. But glad we are still working. One thing if you have credit card miles or points look into cashing them out for cash or credit on your accounts. Its free money and going to help my faimily alot. We always charged everything then paid it off at end of month. So its a good amount. After that i will roll up all my change fron the change jars. Lol

    I get back a couple thousand bucks a year from credit-card cash back. Its free money for buying stuff I would buy anyway, plus credit cards give better fraud protection. As long as you pay the balance every month you pay no interest. So that is for sure a good thing. The free government money coming soon will help. Also hopefully with unemployment for your wife from the state (and now from the fed too, with the new stimulus package), you guys will be fine until the corona has passed through

    Edit: Im not here to start anything political, or to debate the merits of how "free" the free money is lol.... just saying, itll help, for now, may not be the best thing, or maybe it is. time will tell, no need to debate on a scrap metal forum lol.

    Last edited by kss; 03-25-2020 at 07:39 PM.

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  3. #22
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    Best to put some of that FREE money in savings
    My bet it will count as taxable income when you file your 2020 taxes

  4. #23
    kss's Avatar
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    Quote Originally Posted by JohnC4X4 View Post
    Best to put some of that FREE money in savings
    My bet it will count as taxable income when you file your 2020 taxes
    I would assume so.... But.... That's fine, they'll give you $1200 and you'll owe some percent back at tax time dependent on your marginal tax rate. So really the gov is giving you $1200-($1200*marginal tax rate)

  5. #24
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    It's likely that you'll have to pay tax on unemployment income if you're laid off.

    From what i read, the 1,200.00 $ checks are supposed to start coming in around mid-April. As John said .... put it in the bank and hold on to it for as long as you can.

    There has been some talk about more stimulus checks but it's just talk at the moment. It's nothing that you would want to plan on.


    On a separate note:

    Demand still remains heavy for groceries at our store. Our new curbside pickup service is popular. We're still getting two deliveries a week from the wholesale grocery chain that supplies us.

    One of the other wholesale suppliers has cut their stores back to one delivery per week.
    Last edited by hills; 03-27-2020 at 04:12 AM.

  6. #25
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    Yesterday i seen 8 other scrappers drive past my house. 2 are regulars in my area.... You would think shred is 250/ton.
    Last edited by greytruck; 03-31-2020 at 09:55 AM. Reason: had to add it to 8, forgot about the green dodge

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  8. #26
    kss's Avatar
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    Quote Originally Posted by greytruck View Post
    Yesterday i seen 8 other scrappers drive past my house. 2 are regulars in my area.... You would think shred is 250/ton.
    none of the scrap yards are open in my area.... So if anyone is out, they are just hoarding for now. But with like everyone getting laid off, people are going to be desperate for money, and have a bunch of time. So competition may increase sharply. I havent been doing my normal routes because i usually go on my way to work, but am working from home now. Plus the risk of corona from touching peoples trash. I did however get bored and miss the hunt, so I went out this morning and was only taking "good" stuff. No metal chair or appliances or bbqs because I would have to just hang onto them until whenever the yards open back up. I passed up 4 grills, 2 washers, like.... 30 chairs, and a hot water heater. I need the yards to open back up so I can keep the larger stuff moving through.

    If anything, there is less people out by me, as indicated by my patented vacuum cords that are cut ratio. All the cords cut == lots of people out, some cut == some people out, none cut == no one out. Today, there was no one out.
    Last edited by kss; 03-31-2020 at 10:29 AM.

  9. #27
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    I'm feeling kinda useless these days.

    The Governor ordered all non essential businesses to shut down recently. Most folks are sheltering in place.

    There aren't many people coming in to the gas station because nobody is driving anywhere. We get a few here and there, but it's mostly just to top their tank off to full again.

    Word just came through that Maine is going into full lockdown in a couple of days. No non-essential travel whatsoever.

    Bummer.

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  11. #28
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    Its definitely a buyers market at this point
    Alvord iron and salvage
    3rd generation scrapper and dam proud of it


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