Financial Monday: how long will The Stimulus Check go

As you may have heard, President Biden’s $1.9 trillion covid relief package was signed last week. According to reports, some families have received their $1,400 stimulus checks this weekend. I’m happy for those people. We all could use some financial/money help, couldn’t we?

The $1,400 Stimulus Check per person is for earners of $75k or less. As a result, several have rushed to file their 2020 tax return. Others will have eligibility based on their 2019 tax return, if they qualify.

What are your thoughts on the stimulus checks? Is it worth it? If you qualify, would you rather receive the check than be employed, or have a steady work/business?

If I’m not mistaken, it is a one-itime check. Then what?

Don’t get me wrong. I’m not expecting anyone who gets it to “look a gift horse in the mouth.” A British saying that simply states “don’t be ungrateful.” My thoughts are that the check will be applied to unpaid bills since the amount barely covers rent for most. The check undoubtedly will be worth receiving for many. However, my question is “how far will the $1,400 go?” As I pose the question, I ponder on the popular saying “teach a man to fish rather than give him a fish.”

I would suppose the people would prefer certainty and consistency. Where is next month’s pay (or $1,400) coming from? Looks like the smile or happiness will be short-lived.

How far will your stimulus check go?