
Here is what you need to know:
So a household of two parents and two child dependents would qualify for up to $2,400.
But that isn’t all!
-Unemployment aid will go up an extra $300 a week as well through March 14,2021.
- Social Security Recipients : will automatically receive $600 checks.
-Paycheck Protection Program (PPP) will be extended $284 Billion of FORGIVABLE loans. What I liked about this portion was the focus on very small businesses through the Minority Depository Institutions. So minority and women owned businesses, this is your time to make sure you have your affairs in order to get PPP Loan. (No scammers please)
Now I know all of us try to be responsible with our money, so this is just a friendly reminder to make sure to take care of your 4 Walls before going on weekly shopping sprees. Use the money to your advantage. Get ahead and not behind when March comes around. Create a plan of action aka a budget for the extra funds you will be receiving. Treat this money with care and watch it grow!
Xoxo
E.
Source: https://www.cbsnews.com/news/stimulus-check-600-dollars-eligibility-2020-12-22/
***Note everyone may not qualify these are just the guidelines to follow to be eligible.