People spending coronavirus stimulus checks on food and basics - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

People are starting to get their $1,200 stimulus checks — and they're mostly spending it on food

Most customers have been using their checks for groceries and food, as well as at pharmacies, the Post reported. Others are using their pre-paid debit cards to withdraw cash at ATMs.

"I've just been stocking up on food and paying all of the bills," Daniel Ruffner, a Rochester man who received a prepaid debit card from Netspend, told the Post. "It's nice to finally be able to see my bills go to zero." Most Americans who are eligible for a payment will receive $1,200. The first set of people receiving the money are mainly those who gave the IRS their direct deposit information on their 2018 or 2019 tax returns.For Americans like Ruffner, a cook who's now out of work, the money comes as a huge relief. Camilla Chavez, of Delaware, was notified that her money has arrived, but it remains pending in her bank account, according to the Post.

Like Ruffner, Chavez also lost her job, the Post reported. It's been a strain on her and her parents.Chavez has been unable to get unemployment benefits, so her parents, who own her home, gave her a break on rent this month, the Post reported. She plans on using the relief check to pay them back this week.

"Losing my job and not working for four weeks now has put me in a position where I had to use my savings and put charges on my credit card," Chavez told the Post. "This really put me in a tough situation."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Your collecting unemployment...why didn't you apply for Food Stamps?

And airlines are taking vacations to Hawaii! When our Corporate Welfare State is overthrown, I'm gonna vote to go back to their 80% tax rates from the 70s. They are such whiners! 😂 We pay too much taxes! Americans are thriving! We will invest in R & D! They never did. 🙄

Yeah I know. They are cleaning out the grocery stores again. And believe me they could stand to miss a meal.

Businesses give bonuses and do stock buybacks. People spend it on necessities. GOP never understood that money in tax payers pockets is what keeps the economy growing.

Unfortunately most of it goes to student loans

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 US

United States United States Latest News, United States United States Headlines

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

21 million people using tax prep services like face stimulus check delays: WaPo - Business InsiderPeople who filed taxes using H&R Block, TurboTax, and Jackson Hewitt faced a delay receiving their $1,200 stimulus checks. We use Turbo Tax, ours was there yesterday... More Excuses. I'm one of the 21 million impacted by this but there is a way to speed things up, Just go to the IRS portal and add your information.
Source: BusinessInsider - 🏆 729. / 51 Read more »

I deliver meals to people in quarantine — here's why hunger needs national attention - Business InsiderI've been delivering 1,000 meals a week to quarantined families in Atlanta — here's why hunger is an issue that needs national attention (by jasminecrowe) jasminecrowe So many families were going hungry even before this health emergency. So. Many. Families.
Source: BusinessInsider - 🏆 729. / 51 Read more »