Presidents Day - February 18th
For more information on the the President's Day Federal Holiday please see our page on Washington's Birthday.
Washington's Birthday is the official name designated to what many of us know as President's Day. During the month of February the birthday of two of our greatest President's takes place. Both George Washington who was born on Feb. 22nd and Abraham Lincoln born on Feb. 12th.
However, Washington's birthday has been publicly celebrated since he was in office, before Abraham Lincoln was even born. Much of the debate over the name of the holiday springs from the fact that state's can follow their own holidays how they see fit and many of them chose to also honor Lincoln, calling the celebration President's Day.
It was in 1968 that the term President's Day came up for legal consideration in the Congress but was shot down, though the holiday was moved to fall between the two President's birthdays. Again in the 1980's there was a resurgence of the term with advertisers which solidfied the holiday name in American culture. Today, few Americans perfer to call the holiday Washington's Birthday in lieu of President's Day.
With summer around the corner, it's time to start planning responsibly. A rising problem in the US is consumers over-spending during the summer months. In 2008, the US government issued a tax rebate for consumers. One concern we have is that people will use their stimulus checks inappropriately. Please use your checks for needs, or paying down credit card bills instead of going to buy a fancy new TV or other frivolous items. Often, creditors will lower interest rates and fees when you enter a credit counseling program as they see it as a sign of good faith.
With gas prices at an all time high, travelling less for holidays this summer will be the choice of many consumers. Check out the FTC website on gas savings for more information and ideas on what you can do to help save money at the pump.