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Should You Save or Invest Your Stimulus Money?


Many Americans will soon be receiving a coronavirus stimulus payment from the IRS. Depending on your income, you could receive up to $1,200 per adult and an additional $500 per child dependent in your household. 

When you get this big, lump-sum payment, you'll have to decide what to do with it. You have three options, and the right one will depend on your existing financial situation. 

Image source: Getty Images.

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Source Fool.com


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