Under normal circumstances, financial counselors often encourage clients to put large sums that come in, like a tax refund, toward debt. But your situation may be different.
Stimulus checks have started arriving and that means it’s time to make decisions about how to best use them. For many people —especially the more than 26 million people who have filed for unemployment benefits over the last five weeks— there's little to no choice. Much of that money likely will be spent on necessities.
Kriselle Gabriel, a marketing professional and podcaster, and her husband decided to put $2,200 of their stimulus check towards his credit card debts instead of padding the couple’s existing emergency savings fund. Facebook drops bomb on Zoom with launch of Messenger Rooms for coronavirus group video chats with up to 50 people
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