Soon many Americans will begin receiving a stimulus check from the Federal government as a way to put money directly in the pockets of families struggling to manage during the coronavirus pandemic. Single adults with gross income of $75,000 or less may receive a one-time check for $1,200. Married couples with gross incomes less than $150,000 who filed jointly will receive $2,400. Families will get an additional $500 for each dependent under age 17.
So what should you do with the money you receive? How you use your relief stimulus check is up to you and your family. It is being provided to continue to meet the needs of your household. But, here are five ways you could consider using your stimulus money:
For more information regarding Economic Impact Payments, please click here.