3 smart ways to spend your stimulus check, according to a financial adviser - Business Insider

Keep in mind that your stimulus check2. If your bills are covered, increase your savings

"If your basic needs are met, but you may need access to funds in the near-term, consider placing the money in a money-market fund or a, both of which yield more than a standard checking account but are safe and easily accessible," Gandhi said. Even in a low-interest rate environment, high-yield savings accounts can still earn up to 20 times more than traditional savings accounts. The best part is there's no risk involved and your account isA money-market fund, by contrast, is a low-volatility investment that generates fixed income on a short timeline. Your money will still be liquid, though it does come with a low level of risk.

"If my clients are on course and in a position to be able to save more towards their goals, these stimulus payments can be used as another savings mechanism for their plan," he said.

$1200? All $1200 of it!

Oh, save my “extra” money. Well shit, that makes sense! Why didn’t I think of that? 🙄

If you don’t need your stimulus check find someone who does and give it to them.

I love how the money that was intended to “help” people who urgently needed financial support due to coronavirus is going to end up making economically comfortable people even more well off 😂 😂 😂 😭 😭 😭 America, you kill me

Still waiting

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

This $280,000 Bugatti watch has a tiny 16-cylinder engine inside - Business InsiderThe Bugatti Chiron Tourbillon is a watch for car enthusiasts who have $280,000 to spare but no room left in the garage. Vomit Nasty Why would someone buy a watch that cost that much
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Inside Amazon's COVID response from the company's head of safety - Business Insider'I've learned in my first year with Amazon that there's speed in business, there's Amazon speed, and now there's pandemic speed,' she said. Photo editing service at lowest price; Please check out my gig on Fiverr
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Bill and Melinda Gates just bought a $43 million beach house in California — see inside - Business InsiderGates will add the new mansion to his suite of several other properties, including the main $127 million Washington state mansion. What about global warming and rising ocean levels? Is he resigning? Prepping to move out the White House? After selling vaccines worldwide they can buy another BIGGER beach house for $243 million.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Millions of people who received stimulus checks getting signed Trump letters - Business InsiderThe letter says the Trump administration is 'waging total war' on the coronavirus. Critics say the taxpayer-funded letters are heavily politicized. Burn it. I got mines, in an odd way, were going to keep it as a note of bizarre history. Lol
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »