6 Ways to Use Your $1,200 Stimulus Check
- 4 years ago
6 Ways to Use Your
$1,200 Stimulus Check 1. Pay your income taxes
by the July 15 deadline. You would essentially be giving
the money back to the government,
but it could help you to get ahead. 2. Help your child with
an investment account. CFP Marguerita Cheng, via CNET 3. Donate to charity or
help out family and friends. If you do not need the money personally,
assist someone with money issues
or donate to a food bank. 4. Handle your most
basic needs and expenses. Instead of long-term plans,
use the $1,200 for rent,
monthly bills or groceries. 5. Put it towards an
emergency fund account. An account such as this should last up
to six months, and if you don't already
have one, now is a good time to start. 6. Cut down any
personal debt you may have. If you are saddled with credit card or
loan payments, $1,200 should help
give you some breathing room.
$1,200 Stimulus Check 1. Pay your income taxes
by the July 15 deadline. You would essentially be giving
the money back to the government,
but it could help you to get ahead. 2. Help your child with
an investment account. CFP Marguerita Cheng, via CNET 3. Donate to charity or
help out family and friends. If you do not need the money personally,
assist someone with money issues
or donate to a food bank. 4. Handle your most
basic needs and expenses. Instead of long-term plans,
use the $1,200 for rent,
monthly bills or groceries. 5. Put it towards an
emergency fund account. An account such as this should last up
to six months, and if you don't already
have one, now is a good time to start. 6. Cut down any
personal debt you may have. If you are saddled with credit card or
loan payments, $1,200 should help
give you some breathing room.