Why we're saving our stimulus checks instead of spending the cash - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

'We felt good about the plan we had come up with ... for a few days. But then, as tends to happen in this coronavirus environment, things changed.'

, I wasn't sure if we would qualify. As a freelancer, my income can vary widely from year to year, and I had to double check our 2019 return to jog my memory.

each month. As such, we thought that putting some stimulus money back into that account — at least half of what we had skipped so far — was the responsible thing to do.When we bought our new house in November of last year, we opened a newto buy some items for our home. Although we aren't racking up interest on the card, we do still pay a couple hundred dollars towards it every month to pay off the balance in full by the time the 0% interest offer is up.

A few more clients stopped sending me work. Stories that had been assigned prior to things getting really bad in mid-March have been pushed back or — worse — killed, which means a reduction in pay for me. Although I had originally assumed we had a handle on things, it was becoming increasingly clear that I couldn't count on our original plans.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why I invested more than $2,000 in the stock market in April - Business Insider'I'm thankful for the opportunity to continue working and saving, and I'm sharing my investing strategy in case you find yourself with a similar surplus.' You need to spend a lot of time in rooms that are so advanced that you’re embarrassed to share your success. That’s great 🌍
Source: BusinessInsider - 🏆 729. / 51 Read more »

Mark Cuban, Barbara Corcoran, why successful people won't retire - Business InsiderMark Cuban, Barbara Corcoran, and 8 other successful people on why they never want to retire — even if they have millions in the bank (via USAToday) USATODAY Greed
Source: BusinessInsider - 🏆 729. / 51 Read more »

Mark Cuban explains why a pandemic is the best time to start a company - Business Insider'It will be the best time in the history of mankind to ever start a business': Billionaire Mark Cuban explains why startups don't need to raise VC money in the coronavirus era YusufDFI Come to India...WeAreHiring I need $150 000 for a prototype, don’t see that raining down.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why I spent almost $600 in a month on services I didn't get - Business Insider'These are expenses that were already in my budget, so it isn't hard to keep paying them. I think of these payments as insurance against the world completely falling apart. I just hope it's enough.' This screams of privilege
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why stock market is higher despite unemployment, coronavirus job loss - Business InsiderOpinion | After a horrific month in which nearly 21 million Americans lost their jobs, why is the stock market still going up? By hblodget. hblodget Cause average feeling is that things will get back to normal fast. Average is wrong. hblodget Because conservative people and traders dont take any notice of the Liberal/Democrat Fake News outfits listed below pushing negative propaganda that the world is coming to an end.
Source: BusinessInsider - 🏆 729. / 51 Read more »