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Most Americans to use COVID-19 stimulus check just to pay their bills

The new wave of COVID-19 stimulus checks to Americans will be used by most people to pay bills, as most Americans struggle.

@anthony256
Anthony Garreffa
Published Fri, Jul 17 2020 6:34 AM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Most people in the US are struggling right now, with the COVID-19 pandemic wrecking havoc on the entire country -- but with a new stimulus package coming from the Trump administration, will it help?

Most Americans to use COVID-19 stimulus check just to pay their bills 07 | TweakTown.com

It seems that the next stimulus check, while it will be larger than the original one, will be spent mostly on bills for families and individuals to keep things afloat. According to a new survey from Money/Morning Consult, nearly half of Americans -- 42% of them -- wil use the new stimulus check to cover basic expenses like housing and food.

COVID-19 pandemic is too strong for people to be getting that money, and then running out and buying a new LG OLED TV and gaming PC -- they need their rent, mortgage, food and bills all paid for. This is getting harder and harder with some depressing amounts of unemployment numbers, which seems like it's only going to get worse in the coming months.

The survey said that 32% of people said the stimulus checks would be helpful, but they didn't need them to cover regular expenses. 11% of those surveyed said they didn't need the stimulus check whatsoever. But overall, 75% of the 2200 people pooled said they needed that new influx of money immediately.

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NEWS SOURCE:thumbor.forbes.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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