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Wondering How to Spend the Next Stimulus Check if it Comes?
This spring, as the COVID-19 pandemic worsened, Americans got a boost in their bank accounts in the form of government stimulus checks. Qualifying adults received up to $1,200, along with another $500 for each child 16 and under. The goal was to encourage spending and limit any financial stress that consumers were facing as furloughs […]
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Nearly 1 in 4 Americans Aren’t Prepared For a Financial Emergency
Many of us are not prepared for a financial emergency. In fact, nearly 1 in 4 Americans have bigger credit card bill than emergency fund, according to a new report from Bankrate.com. The survey found that 21 percent of respondents say their credit card debt is larger than the amount they have saved in case […]