This just in via email from DaveRamsey.com:
Everyone likes the idea of money falling from the sky—in theory. And if you’re really in a bind right now, then this money might be a huge answer to prayer. But don’t wait around on the government (who’s already in debt!) to bail you out. It’ll be weeks before you’d see that money. So don’t rely on that. There are things you can do right now to make it through these crazy days.
Here we go: In the proposed bill, individuals who filed taxes in 2018 or 2019 would receive $1,200 for each adult and $500 for each child. If you’re a household of two adults and two children, your amount would be $3,400.
With 78% of Americans living paycheck to paycheck, this coronavirus stimulus could help keep food on the table and the lights on—but at the end of the day, if you’re out of work, $1,200 isn’t going to go that far for that long.2
The government’s goal is to get checks into the hands of Americans within three weeks of the bill passing and then again another six weeks later—if we’re still under a national emergency then.
READ THE FULL ARTICLE HERE https://www.daveramsey.com/blog/government-stimulus-plan?
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