As part of the coronavirus relief package that Congress passed last month, more than 80 million Americans will get $1200 deposited directly into their bank accounts by the end of today. That’s according to the Internal Revenue Service. We talk to a personal finance columnist on who qualifies for this money, how you can get it, and what you should do with it. One tip: credit card debt isn’t a priority right now.
What to do with your COVID-19 stimulus check
From this Episode:
Will Gov. Newsom’s 6-point plan to reopen California work?
Governor Gavin Newsom unveiled a six-point plan to reopen California on Tuesday.
‘Don’t dump it on debt:’ Advice on using your COVID-19 stimulus check
If your income has been disrupted, you should first use the COVID-19 stimulus check on things you absolutely must cover, such as food, and don’t worry about clearing your...
College admissions, classes and costs are changing amid COVID-19
Now is usually when college-bound high school seniors are checking their mailboxes for the “big envelope” to see which schools accepted them. But like everything else,...
Millennials face another economic crash: First the 2008 recession, now COVID-19
For some millennials, the economic fallout from the pandemic has a familiar feeling to it. A lot of them graduated into the 2008 recession, which was the worst financial...