That means a middle-income family of four will see a $5,600 windfall.

4 Considerations for How to Spend Your Stimulus Check

1.

Create abare-bones budgetand total up the cost of your absolute essential expenses.

A man is lifted to the clouds by a giant hand to reach money.

Feeling overwhelmed? Create a budget that works for you with ourbudgeting bootcamp!

Use your stimulus check to supplement where youre coming up short for the next couple of months.

Our team has compiled alist of creative waysyou can fatten your bank account this week.

This is a long list, so dont get overwhelmed.

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Well keep it updated as offers changes or expire.

However, dont wait until youre in dire financial straits to seek assistance with your basic needs.

Did you know?

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Ahigh-yield savings accountwill earn interest while your moneys sitting in the bank.

Of course, you should give a shot to keep adding money every year.

Taking a certification course could position you for a promotion or new job.

Alternatively, you could use the money as seed capital topursue an entrepreneurial path.

Use the extra cash tohelp a family member or friend in needor donate to a reputable charity.

Or you could spend your money at local businesses and restaurants or purchase gift cards for future visits.

You dont have to have a financial surplus, however, to find ways to help others.

Nicole Dow is a senior writer at The Penny Hoarder.

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