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Pandemic-era checks rewired how these Americans see money: 'Stimulus changed how I think about what's possible'

CNBC Finance LogoCNBC Finance1w ago

Pandemic-era checks rewired how these Americans see money: 'Stimulus changed how I think about what's possible'

Quick Summary

Recipients of pandemic stimulus checks used funds to reduce debt, pay bills and build savings.

For some, the money altered their financial psychology.

Census Bureau survey data shows most households used the funds for food and household products, and to make utility, rent, vehicle, mortgage and other debt payments.


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Article Details

Author / Journalist: https://www.facebook.com/CNBC

Category: MarketsFinanceInvesting

Topics: Articles Finance Cnbc Investing Policy Personal finance Source:tagname:CNBC US Source Legislation Personal Finance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-18, 13:55:49

News Timezone: GMT -5:00

News Source URL: cnbc.com

Language: English

Reading Time: 6 minutes read

Article Length: 1076 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 530

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About CNBC Finance

CNBC Finance Logo

Main Topics: MarketsFinanceInvesting

Official Website: cnbc.com

Update Frequency: 3 posts per day

Year Established: 2005

Headquarters: United States

Last Updated: 21h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Languages Covered: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #6

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