What To Do With Your $1,200 CARES Act Stimulus Check

Congress has agreed to test the universal basic income waters by issuing stimulus checks to the American people in an attempt to economy rolling.

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Single people making under $75,000 per year will get $1,200. Married people making under $150,000 will get $2,400, and families get an additional $500 per child. The amounts go down as income rises above $75k ($150k if married) and eventually tapers off to zero at $100,000 ($200,000 if married). The difference between single and married is split if head of household.

The three things you should do with your stimulus check money:

1. Max out 3-6 month emergency fund
2. Pay down high interest debt
3. Invest

Watch the video for more details

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-Disclaimer: I am not a financial, investing, tax or legal advisor. The information presented is for entertainment and should not be taken as financial, investment, tax or legal advice. I invest based on my own research and principles. I am not responsible for any financial losses that may result from following my actions. Do your research and develop your own investing philosophy!

#stimulus #stimuluscheck #cares

Видео What To Do With Your $1,200 CARES Act Stimulus Check канала Ian Seabrook