Spending Coronavirus Stimulus Money in USA needs more plan in LockdownSiva Ranjani (Author) Published Date : Apr 13, 2020 16:56 IST
Stimulus Money USA: Make a plan now to spend your coronavirus stimulus money, spend only if necessary else lockdown extension will make lots of sufferings.
As per the Treasury Department and Internal Revenue Service of the United States, People have started receiving the economic impact stimulus money from Friday to their bank accounts directly through direct deposits.
Stimulus Money Spending Plan after receiving from IRS:
Lockdown and Unemployment are ruling every corner of the world's population like hell due to the pandemic outbreak of CoronaVirus contagion. Through social distancing and quarantining are much needed therapy to control the spread of the coronavirus, poverty and economic impact are the two major crises emerging at a much faster rate due to the continuous lockdown, which tightens to meet daily ends for the general public.
To overcome the impact, the Trump government aids U.S. Citizens with a relief package and proper planning is absolutely necessary to spend the $1200 stimulus money deposited in every individual's account based on eligible criteria.
One cannot avoid spending for basic essentials like food, groceries and rental. So save some stimulus until the deficit. Paying the debted bills to banks and financial companies comes to mind after fulfilling basic needs. But lockdown unemployment defers those bill payments to later requesting people to affirm with their financial aids like bank, credit card office, etc.
Postpone paying debts after resettling and prioritize solving foods and basic amenities till then. If you think, the necessity of receiving stimulus money from the IRS is quite inessential right now, better help the needy community to get faster.
However, if not now, then it finds way later. Likewise, stimulus money may get a sudden spend analysis through some unexpected medical expenses for your family. The main goal is to survive out of CoronaVirus more than spending, so save the one good life of you and your community by spending the stimulus money in the best possible way.
Still not received money from IRS, Know how to track Stimulus Money?
According to the bill passed by Trump in the U.S, the Treasury Department and Internal Revenue Service are carrying out processes to deliver the economic impact stimulus money to their citizens.
From Good Friday, people started receiving the economic relief fund deposited directly to their bank accounts. If any issues, IRS stated that the team is working on a tracking tool, "Get My Payment" and insisted people to check their deposits or mails regarding their payments.
Spam Alert for Stimulus Money Payment:
Other than you expecting more about your Stimulus money, there is also scammers who look for your money, never share your credentials, IRS never ask for such things in a phone call. Basic essentials are threatening and making many people to involve in more threats to meet their ends in America. Likewise, CoronaVirus Stimulus money are in high attention to the scammers and the U.S Attorney enforces the public to be cautious in checking their relief fund deposited in banks by IRS.
The Attorney officials claim that robbers are planning the loot and advised people not to answer any calls, respond strange emails or chats enquiring stimulus money details since the government is carrying out such measures.
However, the U.S.government also affirmed that verified taxpayers will receive the payment within April 13, and the late submitters will be under the notice only after August.
Spending Coronavirus Stimulus Money in USA needs more plan in Lockdown