💰What are your plans for your stimulus money?

Started by Deleted user
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Ann J.

Right into savings, but will get spent on necessities soon enough.

Deleted user

I'm going to put half in checking to pay bills and the other half into savings.

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Teresa R.

Paid down debt. Got my next credit card almost paid off. Whoop! Accelerate the snow ball!

Deleted user

I'm dividing it up 3 ways: I'm putting some into checking to pay bills, some to savings and some to personal use for myself when I need it.

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Ariel R.

I'm saving my stimulus money to go towards a home purchase later this year.

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Winnie Q.

I put most of it to my debt payoff but kept $100 for birthday spending next month!

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Sarah S.

My last stimulus money went towards paying on my car loan. If we get another, I'll probably do the same with it. My current monthly payment is $293. I'd like to pay off enough of the principal to bring it down to $100-150/mo. that way I'm not living paycheck to paycheck. I've got that "extra" $150 to pay for food and gas. That's how I'm looking at it anyway. I also picked up a part-time job in addition to my full-time job, so that's been helpful in making a dent in my debt. I think I'll be debt free (except for student loans) in two years! It's nice to read all these posts and know that I'm not the only one being practical with it. Yes, I'd like to take a trip to Florida, but bills and debt first! :)

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Latasha B.

I plan to purchase a new washer. The remaining balance will be used to open a fundrise account and put towards stock.

Deleted user

I'll use the next stimulus check to pay down my master shower remodel loan from 2019.

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