5 Terrible Ways To Spend Your Stimulus Check

Here are 5 terrible ways to spend your stimulus check.

Here’s what you need to know.

Stimulus Checks

The $1.9 trillion stimulus package — the American Rescue Plan of 2021 — includes stimulus checks of $1,400 for individuals, $2,800 for married or joint filers, and $1,400 for qualifying dependents. That means a family of four could earn up to a $5,600 stimulus check. Before you spend your third stimulus check, however, make sure you avoid the 5 worst ways to spend your stimulus payment:

1. Not paying your essential bills

This sounds incredibly simple, but it really is the first priority. The stimulus check is intended to help people who are struggling financially in the wake of the Covid-19 pandemic. From unemployment to housing and food insecurity, stimulus checks are intended to provide a financial bridge especially for vulnerable Americans. That’s why it’s essential to spend your stimulus check first on essential bills such as housing, food and utilities. Make sure your financial house is in order.

News Read More: 5 Terrible Ways To Spend Your Stimulus Check

Get real time updates directly on you device, subscribe now.

Notify of
Inline Feedbacks
View all comments

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.