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Personal Wealth: What Are People Planning to Do with All that Stimulus Money?
Manage episode 403213709 series 2394432
Individuals across the U.S. are getting a new round of stimulus checks worth more than $410 Billion. This is the third time the government has handed out money because of the pandemic. While many people are still suffering financially, the economy is also recovering, and that’s raising a lot of questions about whether people should save, spend, or invest their checks.
So what should individuals do with their stimulus checks? I thought I’d cover some of the ideas and recommendations I’ve been seeing in the news, and what many people say they are planning to do with their checks.
Links: 1 - https://www.bloomberg.com/news/articles/2021-03-16/biden-stimulus-check-1-400-best-investment-ideas-save-or-spend-it 2 - https://www.marketwatch.com/story/americans-ready-to-plow-10-of-stimulus-checks-into-bitcoin-and-stocks-survey-says-11615823512 3 - https://www.yahoo.com/lifestyle/young-investors-are-putting-stimulus-checks-into-stocks-and-bitcoin-152629197.html 4 - https://finance.yahoo.com/news/warren-buffett-wants-1-400-151000599.html 5 - https://www.washingtonpost.com/business/2021/03/11/latest-stimulus-payments-cover-months-rent-some-places-less-than-month-others/787 פרקים
Manage episode 403213709 series 2394432
Individuals across the U.S. are getting a new round of stimulus checks worth more than $410 Billion. This is the third time the government has handed out money because of the pandemic. While many people are still suffering financially, the economy is also recovering, and that’s raising a lot of questions about whether people should save, spend, or invest their checks.
So what should individuals do with their stimulus checks? I thought I’d cover some of the ideas and recommendations I’ve been seeing in the news, and what many people say they are planning to do with their checks.
Links: 1 - https://www.bloomberg.com/news/articles/2021-03-16/biden-stimulus-check-1-400-best-investment-ideas-save-or-spend-it 2 - https://www.marketwatch.com/story/americans-ready-to-plow-10-of-stimulus-checks-into-bitcoin-and-stocks-survey-says-11615823512 3 - https://www.yahoo.com/lifestyle/young-investors-are-putting-stimulus-checks-into-stocks-and-bitcoin-152629197.html 4 - https://finance.yahoo.com/news/warren-buffett-wants-1-400-151000599.html 5 - https://www.washingtonpost.com/business/2021/03/11/latest-stimulus-payments-cover-months-rent-some-places-less-than-month-others/787 פרקים
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