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3 Free Money Programs Better than Stimulus Checks

Автор: Let's Talk Money! with Joseph Hogue, CFA

Загружено: 2020-04-28

Просмотров: 23724

Описание: The free money stimulus programs may be better than the stimulus checks. Are you ready to get yours? In this video, I’ll update you on the stimulus checks plus reveal three more programs in that government stimulus package.

The 2020 economy is crashing and the government is literally throwing money at it with over $2 trillion in stimulus. Everyone is talking about the $1,200 stimulus checks but that’s just a small part of the entire program. If you don’t know these other programs, you could be missing out on thousands more in free money.

I’ll start with a stimulus check update. I’ll explain the $1,200 program and how much you’ll get. I’ll then show you when you’ll get your stimulus check even if you don’t have direct deposit. I’ll give you a calendar date for when you can expect that check in the mail.

I’ll then explain the new $2,000 monthly stimulus check everyone is talking about and why you shouldn’t count on it. We’ve already seen push back in Congress on the money spent and this new stimulus program could take months to be approved, if at all.

I’ll also reveal three more free money stimulus programs that you need to know. I’ll show you how to save money on rent or a mortgage and build up your emergency fund just in case the economy gets worse. I’ll explain the CARES Act and how you might make more with unemployment checks than you do working full-time. Finally, I’ll show you how to take advantage of the Paycheck Protection Program (PPP) for a small business forgivable loan.

0:24 What was in the $2 trillion government stimulus package?
1:11 Who pays for government stimulus money?
2:17 $1,200 stimulus check update
2:56 When will I get my stimulus check?
4:42 $2,000 monthly stimulus check explained
6:19 Stimulus program for renters and mortgages
7:44 Stimulus money for unemployed workers
9:28 Paycheck Protection Plan (PPP) for small business forgivable loans

You can use this tool by the IRS to find when you’ll get your stimulus check, get your payment status and how much money you will get from the stimulus. You might need your 2018 or 2019 tax return to access the system. Data on stimulus checks is updated every night. https://www.irs.gov/coronavirus/get-m...

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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
#stimuluscheck #stimulus #freemoney

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3 Free Money Programs Better than Stimulus Checks

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