On March 27, the Senate and House passed a $2 trillion stimulus bill, which includes funding for $1,200 checks to individuals who make $75,000 a year or less. People who make more than $75,000 a year will receive smaller checks.
Matthew Mitchell outlined that top priorities should include taking care of critical needs like rent, food, or medication. With the excess, he suggested starting an emergency fund or paying off debt.
“If you don’t have any other critical needs and if you want to support your communities, consider donating this money to prop up those nonprofits that are serving the most vulnerable around us,” Mitchell said.