If you e-filed your tax return, the government is direct depositing stimulus money into your bank account, starting today. If you didn't E-file, the first paper checks won't be mailed until Friday May 9th. So how do you make that money pay off?
Some retailers are giving you bonuses to spend the money with them once you get it. Kroger and Sears are offering a gift card in the amount of the check, plus ten percent. Many other stores are offering similar programs.
It's estimated many Americans will end spending their money paying off outstanding bills, paying for gas, or high priced food at the grocery store before heading to the store and buying a TV.
What do you plan to do with your money?
*Update*
Consumers should be aware that if you got your taxes done at H&R Block or Jackson Hewitt or some other agency, you're stimulus check will come to you in the mail. It will not go through the company that helped you file your taxes.
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