How to handle your stimulus money, according to experts

angel may

TO US IN A FEW DAYS. BUT WHAT SHOULD YOU DO WITH THE MONEY? DAVE MCDANIEL HAS MORE. >> IT IS FOOD ON YOUR TABLE. DAVE: JOE SAYS PRIORITIZE WHERE THE MONEY GOES AND DON’T BE AFRAID TO ASK FOR TEMPORARY CHANGES. >> COMMUNICATE WITH YOUR LENDER OR LANDLORD AND […]

TO US IN A FEW DAYS. BUT WHAT SHOULD YOU DO WITH THE MONEY? DAVE MCDANIEL HAS MORE. >> IT IS FOOD ON YOUR TABLE. DAVE: JOE SAYS PRIORITIZE WHERE THE MONEY GOES AND DON’T BE AFRAID TO ASK FOR TEMPORARY CHANGES. >> COMMUNICATE WITH YOUR LENDER OR LANDLORD AND SEE IF YOU CAN GET TEMPORARY FORBEARANCE. COMMUNICATE. DAVE: FOR ESSENTIAL WORKERS REPORTING TO WORK, YOUR PAYCHECKS WILL GET YOU TO COME IN BUT YOU ARE REMINDED THE FEDERAL STIMULUS CHECK STILL COULD BE A FUTURE SAFETY NET. >> HANG ONTO IT. YOUR SITUATION COULD CHANGE TOMORROW. DAVE: A REMINDER THAT THE VIRUS IS STILL A HUGE ISSUE IN THE TIMELINE IS UNCLEAR. >> IF YOU CAN PAY YOUR BILLS NOW WITH INCOME YOU HAVE, SET IT ASIDE. DO NOT SPEND IT FOOLISHLY. DAVE: ON THE OTHER SIDE, ONCE THINGS CALM DOWN, YOU

How to handle your stimulus money, according to experts


Many Americans will soon receive stimulus money as a result of COVID-19.WESH 2 News spoke with an expert about how people should prioritize spending their money.Experts say even while paying bills, people should prioritize where their money goes and they should not be afraid to ask for temporary changes, such as temporary forbearance.For essential workers, their paychecks will continue to come in — and they are advised to save their money, because situations can change.

Many Americans will soon receive stimulus money as a result of COVID-19.

WESH 2 News spoke with an expert about how people should prioritize spending their money.

Experts say even while paying bills, people should prioritize where their money goes and they should not be afraid to ask for temporary changes, such as temporary forbearance.

For essential workers, their paychecks will continue to come in — and they are advised to save their money, because situations can change.

Source Article

Next Post

Personal Financial Statement Template | SCORE

If you’re trying to get a business loan from a bank or financing from an investor, they may ask you for a personal financial statement. A personal financial statement is a snapshot of your personal financial position at a specific point in time. It lists your assets (what you own), […]