The government wants to start sending millions of Americans a check. Here's how to use it wisely investinyou (In partnership with acorns.)
The answer depends on your personal situation.
One exception to that is if you have high-interest credit card, or other, debt. In that case, you want to pay down those balances, Sun said.If you're near retirement, you definitely want to keep the extra cash on hand. But if you're in your 20s or 30s, you may want to invest the money toward your retirement by putting it in a Roth individual retirement account, Sun suggested.
One thing to remember about a universal plan to pay all Americans is that it is not based on financial need.If you don't need the money, you may want to consider donating to a charity that's directly involved in relief efforts or to your local food bank, Boudreaux suggested. In the aftermath of Hurricane Katrina, Boudreaux saw firsthand how payments from organizations like the Federal Emergency Management Agency and the Red Cross helped prop up the local economy.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Trump Administration Wants To Send Checks To Americans ‘Immediately’ As Part Of Coronavirus ReliefSeveral relief options are on the table as the U.S. economy reels from the coronavirus crisis.
Leer más »
Trump Administration Wants To Send Checks To Americans ‘Immediately’ As Part Of Coronavirus ReliefThe Trump administration wants to send checks to Americans 'immediately' as part of the coronavirus relief by lisettevoytko
Leer más »
Government response updates: Trump proposes sending relief checks directly to AmericansAsked if the U.S. government would provide financial assistance to Boeing and related companies, Pres. Trump says, 'We have to protect Boeing.' 'Boeing got hit hard in many different ways...It was unthinkable what happened with respect to Boeing.'
Leer más »
Trump says he's looking at 'big, bold' economic stimulus package, including sending checks to Americans'We're looking at sending checks to Americans immediately,' Treasury Secretary Steve Mnuchin said at a news conference Tuesday.
Leer más »