Ah, the long-awaited stimulus payment. On Friday, POTUS signed the bill which contains the third round of stimulus payments. For the past three weeks, you’ve searched ‘Stimulus Check’ or some variation of it in your search bar. You stand in wonder each morning thinking of how you’ll spend that $1,400, or $7,000 in some cases, while you sip your fresh coffee. Maybe it’s finally time you buy-in to that pyramid scheme you’ve been eying (JOKING – don’t do this, please), or maybe you don’t need the money at all so you’re going to buy Tesla stock! Either way, we’ve got you covered here at Wealthy Idiots.
If there is any certainty entering 2021 with a new Presidential administration in the U.S., it’s that American’s will likely be receiving another stimulus check in the near future. Rather than discuss the specifics, or the politics, we’re going to talk about how the stimulus checks have been structured in the past, and how you can best align yourself for the maximum benefit in the future.