How to prep for and spend your government relief check

FILE - In this March 27, 2020 file photo, President Donald Trump signs the coronavirus stimulus relief package in the Oval Office at the White House in Washington, as Treasury Secretary Steven Mnuchin, Senate Majority Leader Mitch McConnell, R-Ky., House Minority Leader Kevin McCarty, R-Calif., and Vice President Mike Pence watch. . While you wait, prep your finances and make a plan for using any money you receive. pandemic has upended the lives and finances of millions.

“We’re all operating on a limited cognitive load right now,” says Kristen Holt, CEO of the nonprofit credit counseling agency GreenPath Financial Wellness. “Writing everything down and thinking it through first before you spend any of the money out the door would be a good idea.”Those who’ve lost jobs might feel like the floor has fallen out from under them. Money from the government will provide a much-needed boost, but it might be weeks or even months before you get it.

MAKE A PLAN FOR THE MONEY YOU GET: Focus on necessities, like housing and food, to ensure your basic needs are met. IF IT’S STILL NOT ENOUGH: For many people, this money won’t cover all of their expenses, even after all governmental and nonprofit resources are tapped. In that event, accruing debt to cover expenses may be a last-resort option but can be done strategically. Many of the “rules” about using credit cards don’t apply right now.

“An emergency fund is more essential right now than it has been in all of our lifetimes,” Fabbri says. “We’re all vulnerable in this economic situation.”

How long did Pelosi DELAY the bill?

I love it when ppl who have money tell ppl who live paycheck to paycheck bc everything is so fucking expensive how to spend money. Most will use the pittance for bills or food. A few will blow it but there's nowhere to do that where I live. Unless i order a lot of takeout.

Thank you China for your deceit needlessly costing us $2.3 trillion and thousand dead. Hopefully this will economically come back on you full force.

Anti trump campaign

Is this because Trump insists on physically signing each check?

When you're born you get a ticket to the freak show. When you're born in America, you get a front row seat. George Carlin

What luck! We have the worst president at the wrong time

Cannot wait. Many will make more with this relief package than we did at our regular jobs. And we get to sit at home or go fishing. That's why we love the Democrats...Handouts for all this time around....

Didn’t they say April 6th was the date for a 1st cheque

imagine that. The ceo will get it sooner than that, get his stock buyback done and lay off some more. MAGA

No Shit, the government is slow on everything!

IRS already told us it could take a couple months.

you all will be rich by the time the corona ends

Dems were NOT invited because THEY shifted the Bill from major Corporation Aid to Worker Small Business Aid.

Unfortunately that's because rump does not want anyone else to have money or freedom or value in our lives

Worldwide coronavirus cases to-date compared to H1N1 virus cases in 2009: 1,400,000,000 H1N1 cases 683,483 coronavirus cases 1,399,319,306 less coronavirus cases worldwide. 575,000 H1N1 deaths 32,162 coronavirus deaths 542,832 less coronavirus deaths worldwide

Thank you Mr. president and secretary Mnuchin.

Let’s all trust WHO, they’re wonderful and smart.

Totally makes sense now why your guy in the White House Briefing room is such a jerk to realDonaldTrump ,hes trying to get talked about to sell a fricken book,man you people have no shame. Set a better example then that during times like these. Network noshame worktogether

Mere bag of peanuts. This won't fix the problem

What are these folks in the photo so happy about? We're locked in our houses, without jobs, starting a recession that will likely last years and people are dying!

The rent is in three days not in a few weeks

$1200 It needs to be a weekly payment

I don't care. It will go straight into my savings account.

Wow you are very slow ass

there are food pantries... it'll be okay... I hope.

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