So many questions and so many ever changing answers. Welcome to another #TrashItThursday blog post. I am here to give you some answers on your unanswered questions however, keep in mind that the final vote is not until tomorrow so although it is not likely, changes can still occur.
The following is information received from Fox5NY.com:::
Seniors, veterans, the unemployed and low-income Americans would be eligible for stimulus checks too according to Senate Finance Committee Chairman Chuck Grassley.
Those who receive social security can collect checks even if you did not file a 2018 or 2019 tax return. The government will use Form SSA-1099, Social Security Benefit Statement or Form RRB-1099 to issue you your stimulus money.
They will be using your 2019 tax return for stimulus payments however, if you have not filed you 2019 return, they will use your 2018 tax return instead.
The $500 extra stimulus money per child is only for children aged 16 and UNDER.
Right now, this is the only payment that will be issued and there is no definitive plan to issue a second check…….as of now.
Checks are expected within three weeks according to Treasury Secretary Steven Mnuchin
If your refunds are currently being garnished because of student loan defaults, you will still receive your stimulus check.
Payments will be made via direct deposit that you have authorized on your tax return. If you did not have an account listed on your return for direct deposit, they will issue a check.
If you want to know how much money your stimulus check will be, please read my March 20, 2020 blog post titled Who Will Get A Stimulus Check
So this is the latest information regarding your stimulus check. That being said, we have to remember that you must continue planning and working toward your dreams and goals. This will too shall pass and you want to make sure that when it does, you are in a strong position. I posted on my facebook feed this week how the stock market is so undervalued. Robinhood, is a company that is free for you to sign up for and they will give you a free share of stock when you do. Yes that is free money just for opening a free account. More importantly, you can trade for free. You can buy as little as one share of your favorite company. As a example, at the beginning of the week, I posted about this on my facebook feed and I liked Boeing. It was around $98 a share. Now it is a few days later and those shares are currently up with a per share profit of over $75. I am happy to say the least. If you only bought one share, you would have almost doubled your money within three days. There are so many companies, Coca Cola, Twitter, Faebook, Cisco etc etc etc. I am going to leave my link here to Robinhood and I hope that if not for anything else, you open your free account and get your free share. Here is the link>>> . https://join.robinhood.com/lorid134
Finally, I have to leave you with a book to add to your reading list. It is a book that will surely pump you up and get you excited again. The book is called Crushing It and hopefully by now you have read it as I have recommended it previously. It is not a one time read so read it often. If you have not read it, please go borrow it from your local library and if that is not possible, here is a link to get your own copy from Amazon >>> https://amzn.to/2OHJCFg
If you choose to shop in Amazon, I would greatly appreciate it if you could use the link I have provided. As an Amazon Affiliate, it is possible I can earn a bonus and therefore continue to provide continued content we all enjoy. Thank you in advance!
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