Same here, I can't seem to spend as much as I get each month, but in a situation like this, I feel it is my patriotic duty to help the economy as much as possible.Savings. I have what I need and I am making more money. I don't let money burn a hole in my pocket. Maturity does that for you.
Truth ^^^I haven’t received my check yet, and I honestly have been financially unaffected by the pandemic. Let me see if I understand this rightly:
The federal government currently borrows $ .40 of every $1.00 it spends, so our checks are representative of 40% borrowed money from places like China. We are nearly $ 22 Trillion dollars in debt and we have at least $225 Trillion in unfunded federal liabilities. Now, if the Democrat/Socialists win the Whitehouse, and both houses of Congress in November, then they will spend an additional $93 Trillion on the Green New Deal, forgive all educational loans, and provide free education for Kindergarten through college.
So, I guess, by comparison, the Covid 19 bail out is just peanuts anyway. Might as well spend it while the dollars are still worth something. There most certainly will be a day of reckoning coming our way.
Truth ^^^Handing out money is just taking us down the path to Socialism and putting us so deep in debt we will never come out.
But will it still be worth $1,200 when you decide to spend it?