Your stimulus check is intended to stimulate the economy by providing you with some spending money. Once the Covid-19 outbreak occurred, Americans became anxious about paying their bills and Bankrate's survey proves it.
Bankrate's Greg McBride says, "Concerns about paying bills went up across the board: every age group and every income group. No matter which way you slice it." Groups felt encouraged once the stimulus payments were approved. "Their concerns about paying everyday bills are lower now, some even lower than before the crisis. I think a lot of that is due to the passing of the Stimulus Package Payments."
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