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STIMULUS DEADLINE EXTENDED! $1400 Third STIMULUS CHECK Update Unemployment PUA BIDEN’S PLAN SSI
The Oracle of Omaha, Warren Buffett, made some very interesting comments recently about how Americans should spend their $1,400 stimulus checks.
He explained: “paying off credit card debt should be the first priority for everyone.”
The Berkshire Hathaway CEO also stated: “If I owed any money at 18%, the first thing I’d do with any money I had would be to pay it off.”
Buffett continued: “You can’t go through life borrowing money at those rates and be better off.”
This is solid financial advice, as debt can pile up quickly, turning a small problem into a bigger one without addressing the issue and fully paying off debts.
Meanwhile, we talked recently about roughly 25% of Americans (90 million) receiving their $1,400 stimulus checks yesterday, but what if you checked your bank account and still didn’t have your disaster relief funds?
Michael Hunsche, the managing director of Hunsche CPA Group/Management and Tax Services, explained that you shouldn’t worry: “I don’t know what the criteria are for who got paid. But it’s nothing that I’m freaking out about or worried…