What to do with the stimulus money

What to do with the stimulus money

LAFAYETTE, Ind. (WLFI) – We’re starting a new segment here at WLFI called Your Money Matters. Each week we will consult with a financial expert to find out how to get the most out of your money. This week our financial expert discussed what you should and shouldn’t be doing with the next stimulus check Americans are likely to get. Some people might want to use the money to buy something good, but financial experts say it’s the worst thing you can do with it.

“You don’t want to use it to buy something that’s going to put you in more debt,” said Nick Royer, a senior chartered financial advisor. “Some people may think ‘oh I …

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