New Data Reveals How Americans Plan to Use Their Stimulus Money

COVID-19 has been wreaking utter havoc on the U.S. economy since cases started spreading in March. Now, millions of Americans are unemployed, and a large number of small businesses are shut down, perhaps permanently.

Thankfully, President Trump approved a $2 trillion stimulus package that includes, among other provisions, a one-time $1,200 payment for qualifying adults whose income falls below a certain threshold. And while those payments aren't set to hit recipients' bank accounts for a number of weeks, Americans are already making plans to put that money to good use. Here's what they intend to do with that windfall, according to a new survey by Crediful.

IMAGE SOURCE: GETTY IMAGES.

Continue reading

Source Fool.com