If you are fortunate enough to have a secure job during this COVID-19-related economic downturn, you might not need the stimulus money offered to struggling American families. While everyone could use the extra money, here are four wise tips for using your stimulus checks: 1. Pay Your Most Important Bills First. Some families are hurting right now. If your family is among them, prioritize and pay the most important bills first. If feeding your family is most crucial, then use the money to buy groceries. Otherwise, prioritize your bills according to need. Just be aware that deferments and forbearances must eventually be repaid. 2. Build Up Your Savings. There’s nothing wrong with putting your money aside for a rainy day. Today is a rainy day for millions of Americans. If you’ve kept your head…
4 Smart Ways to Use Your Stimulus Check
If you are fortunate enough to have a secure job during this COVID-19-related economic downturn, you might not need the stimulus money offered to struggling American families. While everyone could use the extra money, here are four wise tips for using your stimulus checks: 1. Pay Your Most Important Bills First. Some families are hurting right now. If your family is among them, prioritize and pay the most important bills first. If feeding your family is most crucial, then use the money to buy groceries. Otherwise, prioritize your bills according to need. Just be aware that deferments and forbearances must eventually be repaid. 2. Build Up Your Savings. There’s nothing wrong with putting your money aside for a rainy day. Today is a rainy day for millions of Americans. If you’ve kept your head…