I’ve written in the past about the possibility of the feds sending out another stimulus check, and I just saw on the news that House Democrats are pushing for a new round of economic stimulus, so… Perhaps it will happen.
That begs the question…
What would you do with a second stimulus check?
According to a recent consumer poll, just 39% of respondents say that they would spend it, with 38% saying they’ll save it, and 18% saying they’ll use it to pay down debt. Of those who envision spending it, 21% said they would spend it on holiday gifts, whereas the other 18% would spend it on themselves and their families, but not on holiday gifts.
What about the first stimulus check?
Well… 33.5% of respondents reported spending it, whereas 29.3% said they saved it, and 37.1% said they used it to pay down debt.