livingdebtfree

If you filed for your taxes and are expected to receive the stimulus payment check from the government.  It would be best to pay yourself 10% which would included putting into your rainy day fund.  I would recommend for the remainder of the check to use it wisely and pay off expenses that you have due or catch up on needed bills.  See this check as a bonus to help you get more out of debt and more into living debt free.

Now if you are living debt free then put more into your Rainy day fund and for the rest to go into taking care of needed expenses.

Here are some additional ideas to use your stimulus check :

1.  Pay off credit cards.
2.  Put into a Roth IRA savings account.
3.  Go to college.
4.  Pay for student loans.
5.  Pay off utility bills.
6.  Put it in your Rainy Day fund.

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