I'm not from the U.S, but I would assume it would depend on the financial status of the recipient. Investment and entertainment would only be an option if the person was pretty comfortable without the stimulus and didn't have any outstanding bills to offset.
If I was getting one, I would want to convert the funds out of my local first currency as quickly as possible as its value is dwindling. My preferred options would be cryptocurrency (especially Bitcoin) and an SME (there are a couple of businesses I think would thrive this period)
The banks would be hoping some of the funds gets recirculated within the country as that's the purpose of of these packages; stimulating spending.
Topic: Second Stimulus check - What are you going to do with it? - page 3. (Read 522 times)
If I get stimulus money from the government, I divide it into two. Investing in the crypto market and investing in the real sector through equity crowdfunding. Investment in the crypto market does not require a large amount, so the results can be used to increase daily expenses while investing in the real sector can help the economy in my country spin with the hope that many people can survive. With equity crowdfunding, investing in the real sector is easy and does not require fantastic funds.
I think is thread is USA focused as we (many, not everyone) are about to get another stimulus check. What are you going to spend it on ?
Video card(s)?
New Computer?
Stocks?
Pay off credit cards?
Buy Crypto?
Bills, bills, bills?
Something you want to keep secret?
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