Don’t rely on a second stimulus check: How to manage your money during the coronavirus pandemic

  • Date: 28-Aug-2020
  • Source: CNBC
  • Sector:Economy
  • Country:GCC
  • Who else needs to know?

Don’t rely on a second stimulus check: How to manage your money during the coronavirus pandemic

Millions of Americans who expected to receive a second stimulus check amid the continued economic fallout from the coronavirus pandemic may not see the $1,200 for some time, if ever.With negotiations ending in a standstill as Congress left for summer recess until early September, Americans likely won't receive any sort of stimulus money until October at the very earliest — and only if Congress and the White House can agree on a deal.The House and Senate have another big piece of legislation on their plate when they return: the September 30 deadline for deciding the federal budget for the next fiscal year. That doesn't leave a whole lot of time for coronavirus relief talksWhatever happens, it's not a great idea to count on receiving this windfall of cash. CNBC