I built an AK with the last stimulus and honestly it was a pretty good decision
I can reliably get ak ammo for .30 a round but AR ammo is .50+ if you can even find it.
Are you fucking kidding me?! As if $600 would even put a dent in someones debt.
Savings?! Are you kidding me? For the vast majority of people that shits going to be hoovered up by rent costs.
These rich assholes don't live in the real world.
Check in with a local credit union. You might have a co-op branch which is really useful for the fee-free atms and the ability to transfer your account to a new co-op credit union if you move.
They also usually offer some pretty decent interest on car/personal loans if you're in a pinch.
They printed mine in the bank and gave it to me immediately. Just asked me to pick a color/image lol
Just so you know, a Co-Op branch isn't literally called Co-Op credit union. They're just a smaller local bank that's joined the national Co-Op. You can probably find one using the Co-Op website
Credit Unions are banks that are member owned. Profits are shared with membership in the form of dividends. They also offer way better interest rates to members in good standing and have a lot more leniency about basically everything. Hell I fucked up my account number on a payroll form once and they called me like 3 months later (I had been getting paid the entire time) saying that I needed to update my number with my employer because they were having to manually deposit the money every time it got dinged.
I got locked out of my online account once and called the help line which just connected me to the teller I know on a first name basis who was able to fix it immediately.
They just operate so much better of you're an individual. It's so nice to actually be able to go talk to someone and not just be blown off or told to call another line.
The wiki on them explains it prettt well
Commercial banks engaged in approximately five times more subprime lending relative to credit unions leading up to the financial crisis of 2007–2008 and were two and a half times more likely to fail during the crisis.
me: wow cool i might be able to eat some not shit food for a couple of weeks
Start by whittling down high interest debts
Whittling down
So they know it's nothing close to what people need.
Edit: that article is fucking insane. Absolutely insane.
During the Covid-19 pandemic, however, you likely want to strive to have even more set aside — up to 12 months' worth of living expenses — in case your income suddenly runs dry.
THIS HAS ALREADY HAPPENED YOU FUCKASS
You probably won't go from two months to 12 months in savings immediately, so you might also want to think about cutting some expenses to help get there, Ma said.
WHAT?
Rather than buying individual stocks, it would be preferable to instead focus on your retirement savings or your children's college savings, she said.
"I do think it would be a mistake to buy individual stocks with it, because the amount's not that large," Sun said.
I can't. Just. Buying stocks is worthless because it's such a small amount of money, but maybe put it towards YOUR RETIREMENT? $600? $600 towards your child's college fund?
This fucking article wants you to pay down your debt, add to your emergency fund, and get ready for your retirement. With $600. People are trying to keep from living on the streets and begging for food, and they're explaining how to make $600 work for you.
Build up your emergency fund, during the worst recession and global pandemic in 100 years.
You probably won’t go from two months to 12 months in savings immediately
lmao who the fuck is starting with two months of savings??
"Everyone is supposed to have two months savings and if you don't it's your fault when you get evicted."
Odd that doesn't seem to apply to businesses though.
...but but...i wouldn't be profitable to save money! the investors!!! think of them!!
"Well, use it to whittle you debts and bulk up your emergency fund"
Spends it on 2 weeks of the rent they're 5 months behind on
"What now mr finance guy?"
$600 does nothing to clear the debt that so many people are stuck in as a result of this pandemic. The $300 to unemployment benefits is barely a drop in the bucket.
They are doing exactly like many of us predicted - fucking around and giving us less and as a result, people are going to be reminiscing over Trump cause with him, they got a lot more. All he has to do is bring up how he had a bigger package with a bigger check than this and Pelosi shot it down cause she feared it would help his re-election chances. I remember somewhere Biden was promising stimulus checks, then after he won, he reverted to saying "government isn't supposed to help you, don't ask for a handout".
Dems are going to get their asses beat in Georgia next month and they'll blame us for not accepting these breadcrumbs. "Well, it was better than nothing, do you want Trump back?" will be what they say.
Dont you worry, the objectively shit aid can be neatly presented as adequate, and the inevadable shortcomings can be blamed on the individual recepiants rather than the system, we got u fam
Imagine thinking American citizens have fucking savings when most of them can't spare a few hundred dollars for an emergency. They really can't fucking help themselves to not appear completely out of touch, can they ?
Christ they're worse than my cat when I open a can of tuna.
MRRRRRRRRRRAAAAAAAAAAAAAAAAAAAAAAAAH MRAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH
I bet this article was written before anyone knew whath the actual number would be, then they plugged the $600 in without stopping to think how it changed the whole text.
Maybe you can use it to tip the ones who made it possible? Hmm? As a thank you? :liberalism:
ActBlue works 24/7 just saying 🙃
Be sure to invest your $600 in the highest performing index funds and don't waste it on insignificant frivolities like food or rent
