What will you do with your stimulus check?

in LeoFinance4 years ago (edited)

As it stands right now, most Americans will be receiving a stimulus check in the coming weeks...

It looks like most middle class (and below) Americans will be receiving a $1,200 check as well as another $500 for each child.

This is part of the $2 trillion coronavirus relief package meant to keep the global economy afloat while we whether the coronavirus storm.

The checks are said to be rolling out immediately with most receiving their checks within the next couple weeks.

How will you be spending your money?

Will you use it to pay your bills? Buy some food? Pay for your hospital or doctor visit?

Or will you be using it pick up some bitcoin and/or hive or some cheap stocks?

Let me know in the comments section below.

Stay informed my friends.

Image Source:

https://www.nytimes.com/2020/03/17/us/politics/stimulus-package.html

-Doc

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Paying bills. I should gamble with it on more crypto but reducing bills feels better.

If alt season ever arrives I will feel finally more secure. Not planning on it but a nice dream.

$rewarding 100%

Reducing bills is the smarter option. There are no guarantees with crypto. I think we will have a good second half of this year, but prices may get pretty low in the next couple weeks/months. Possibly depressingly low.

If you could get any, I will be stacking silver and getting my weight up. And lead

Ha, so you are going the ultimate conservative route?

50% precious metals, 25% crypto, 25% storable long term food.

Don't forget ammo, to protect your shiney and food.........again in extreme shortages

We don't have a 2nd amendment in Canada as we are more like Subjects than Citizens so guns are highly restricted (for our own safety) pft! So in a land of hockey sticks, lacrosse sticks, tire irons, kitchen knives, wrench or even an odd baseball bat, I took up Kenjutsu and Tamashigiri to go with the Akido.

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I will clearly have a clay tempered 40 inch steel edge to defend myself.

Which crypto?

50% in top 10 Crypo, 50% other alts, already got enough Dogecoin AND no Steem or Tron.

Buying gov.t grant with basic necessities. @jrcornel

I would buy hive and BTC if I could get a check. As such I guess I will just buy some hive. If silver was available I would also buy some.

Silver is available, no?

Nope, mints are closed and the paper price of silver and the asset have de-coupled. Silver if found will have a 40% + premium.

Definitely paying bills. If I get left over if... #hive is on my mind.

What avenue would you go through to purchase some?

Blocktrades is the direct way . I will consider bittrex and ionomy.
Still like the simplicity of blocktrades.
Kudos!

I'm part of the population who won't be getting one. Over 18 but claimed as a dependent. So nothing.

Is that true? If you filed a tax return and 18 or over, you should get one, no?

Sadly if you are claimed as a dependent, you don't get one. Your parents do get $500 if you are under 18 though. But I'm not. So nobody gets any money for me.

Save it for bad days coming - China has already taken over United States - See today's Fortune 500 list.😗

Taken over in what way? And, why does that mean bad days are coming?

Well, China will have more control and will that not decide how they drive the economy ? Unless all the countries boycott their goods, they got a full plan , that is what I am hearing.

It is specific to America, but if I get it I think I will save it because of the Uncertain Future.

Yes, this is an American specific stimulus program.

If I could get any, I would put half into bitcoin a quarter into hive and spend the rest.

Will you not be?

I have gotten three checks per month long before nCov pandemic, but I also worked 15 years for government.

Where are those checks going?

I buy mostly stock funds...

I will spend a lot on charity