While you wait for your money to arrive, consider these options for what to do with it. The federal government may be about to send you a check. A coronavirus-related stimulus bill package that’s being debated in the Senate today includes a provision that would pay most American adults $1,200 each – amounts vary dependent on you family income up to $198,000.
In addition, each family with children will receive $500 per child under the age of 17. Here are seven smart ways to spend your money:
If you owe child support you will not receive a stimulus check https://www.nbcnews.com/news/amp/ncna1170596
Rev. Dr. Donna Taylor is the Pastor of Andrew Chapel United Methodist Church (UMC) in Montross, VA. Rev. Dr. Taylor promotes best practices by teaching financial literacy workshops and currently serves as Finance Chair in the Rappahannock River District for the UMC. In May 2015, Rev. Dr. Taylor received her Doctor of Ministry from Virginia University of Lynchburg in Lynchburg, Virginia. Rev. Dr. Taylor was born and raised in New York City and recently discovered her ancestral roots in Guinea-Bissau, West Africa. Rev. Dr. Donna Taylor is married to David Taylor and they have a son and a daughter. Their daughter is a educator and son is an Active-Duty Senior Seaman in the Navy married with three children. In her leisure time, she enjoys traveling, reading, swimming, writing poetry, crocheting and spending time with her family.