8 Good Ways to Use Your Stimulus Check

October 12, 2020 | Louis Tully

 

 

 

If you have qualified for a stimulus check or are waiting for one, you might already be wondering how you are planning to use it best. It is best to plan ahead to ensure that you will use the check to improve your situation, and here are eight great ways you can spend your check.

If you are considering the best way to use your stimulus check, here are some ways to use it wisely. If your check is still not enough, we’ll show you how to secure a title pawn in Georgia.

1. Pay Off Your Bills

Although it is tempting to splash out when all of us have taken such a knock from the COVID-19 pandemic, one has to be careful in these uncertain economic times. Although you might feel that catching up on your unpaid bills is the last thing you want to do, it will benefit you in the long run. High-interest credit cards that you can use to pay your bills can compound, leaving you worse off than ever in the long run. Paying your bills also frees up your monthly cash on hand for a better.

2. Make an Emergency Fund

One thing the COVID 19 has taught us is how crucial it is to have a financial buffer to protect you from an unexpected economic crisis. Put your money to one side and have peace of mind that if disaster strikes again you’ll be prepared.

3. Invest in Your Education

You may use your stimulus check to extend your job description capacities and increase your income through a raise. By broadening and deepening your employment prospects, you can aim to increase your salary either in your current job or improve your chances of finding employment at a higher salary.

4. Invest in Your Home

You could use your stimulus check to increase the value of your property by conducting home improvements. If you should plan to refinance your mortgage, this could stand you in good stead.

5. Invest in Your Health

Proper exercise has been proven to reduce stress levels and improve sleep patterns and overall mental health. If you are anxious like many other Americans in these times, joining a gym or consulting a personal trainer could reward you with better health and a positive mental attitude.

6. Start an Investment

Although it seems counterintuitive in these times, as the 2008 financial crisis taught us that there is money to be made in long-term investments in times of economic upheaval. Consult a professional for advice on where to invest for best long twerk dividends.

7. Save for College Tuition

If you are planning on studying, invest in your future, and use your check towards your tertiary education.

8. Donate Your Funds

If you are financially stable and you have not suffered the setbacks that so many have in losing their employment, you could donate some of your check, or all of it to those in need. In a time like these, generosities of spirit can make a real difference in someone’s life.

What if your Stimulus Check still Isn’t enough?

Auto Pawn Georgia

If you are in Georgia and find yourself in a bind that a stimulus check is not going to fix, you could consider an auto pawn Georgia. An auto pawn, or a title loan, is a secured loan that you can obtain without pawning your car for cash. If you own a vehicle without any liens on it, you can use the title (ownership documentation) to secure a loan through Georgia auto pawns near me.

What are the Advantages of Auto Pawns Near Me?

There are many advantages to securing an auto pawn in Georgia, but here are some of our favorites! 

  • Quick and easy process
  • You retain use of your car
  • The value of your vehicle determines your loan amount
  • Online application process

 

 

 

How Does an Auto pawn Work?

A title loan is a short-term loan secured by the title of your vehicle and generally holds a lower interest than an unsecured loan. You keep active ownership of your car and you can receive your loan without having a good credit score because your score is not used to determine your eligibility. The information you need to provide is:

  • Government-issued proof of identity
  • A valid Georgia Vehicle title with no liens
  • A blank check to a bank account

Here are the steps that allow you to secure your title pawn loan:

  • 1. Fill a short online form that allows you to input your contact information and your vehicle information. Once you’re done, click submit!
  • 2. You’ll receive a phone call from one of our representatives within minutes and they’ll schedule a safe face-to-face meeting.
  • 3. During the meeting, the representative will go over the process and make sure you’re comfortable before you sign any paperwork.
  • 4. Once you sign the paperwork, the funds will be deposited into your account!

If your stimulus check isn’t enough to cover your costs, it is easy to find auto pawns near you at Georgia Auto Pawn. So? What are you waiting for? Click over to the homepage and start your application today.