What to do with your stimulus check

Set-4-Life with George B. Thompson

This week we break it down about the CARES Act and talk about stimulus check. George shares some thoughts on how to think about that money when it hits your bank account.

*CORRECTION*: In the show Thomas mentions that you need to have your 2019 taxes for direct deposit to work, but this is incorrect. 2018 filing information will also be considered for determining where to send stimulus payments.

MORE INFO

Stimulus Payment Calculators:

https://www.kiplinger.com/tool/taxes/T023-S001-stimulus-check-calculator-2020/index.php

https://www.washingtonpost.com/graphics/business/coronavirus-stimulus-check-calculator/

IRS.gov Economic Impact Payments details:

https://www.irs.gov/coronavirus/economic-impact-payments

YNAB Budgeting Software:

https://www.youneedabudget.com/

For a transcript of this episode and for some supporting graphics, go to: https://georgebthompson.com/ep3-what-to-do-with-your-stimulus-check

Leave a question for George to address in a future episode at https://anchor.fm/set-4-life/message

Browse his books at https://georgebthompson.com/books/

Visit his website at https://georgebthompson.com

SOCIAL MEDIA

Facebook:

• George: https://www.facebook.com/george.thompson
• Thomas: https://www.facebook.com/tzlukoma/

Instagram:

• George: @thompsongb - https://www.instagram.com/thompsongb/
• Thomas: @tzlukoma - https://www.instagram.com/tzlukoma/

Twitter:

• George: @georgebthompson - https://twitter.com/GeorgebThompson
• Thomas: @tzlukoma - https://twitter.com/tzlukoma

LinkedIn:

• George: https://www.linkedin.com/in/georgebthompson/

Thomas: https://www.linkedin.com/in/tzlukoma/

MUSIC CREDIT

“Angels” produced by TZillA | https://www.beatstars.com/tzilla/feed