Financial experts share what you should and should not be doing with that stimulus money

If you have not spent your stimulus check yet, listen up.

IF YOU HAVE NOT SPENT YOURSTIMULUS CHECK YET, WE HAVEIMPORTANT INFORMATION RIGHTNOW FROM A FINANCIAL PLANNERWITH THE "SOCIAL DEVELOPMENTCOMMISSION".

SHE GIVES HERBEST ADVICE OF WHAT YOURFAMILY SHOULD FOCUS ON, FIRST.JULIA FELLOA financial coach at SDC saysright now during thispandemic, cash is king.

Try tosave as much of that stimulusmoney you can.

But there arethree expenses you shouldnever ignore.these are theapplications that i have forthe savings accountJUST A FEWWEEKS AGO, YOU WOULD SEEáWUERWEES HOLTá TEACHINGFINANCIAL CLASSES LIKE THESE.last class we talked aboutneeds and wants so how many ofyou guys remember thatABOUTCLIENTS THE POVERTY they tendto panic or maybe fall intotheir old ways because anyleeway they made over the pastyear probably is going to havedisappearedSHE'S REMINDING USTHAT ONCE WE GET THAT STIMULUSCHECK, WE SHOULD FOCUSIMMEDIATELY ON FOOD ANDSHELTER.

Always your mortgageor your rent even thoughthere's a moratorium onevictions and foreclosuresright now eventually that'sgoing to catch up with peopleSHE'S REMINDING PEOPLE TO BEEATING AND THE LAST EXPENSE TOTHAT WHEN ITS ALL OVER: carnotes gunna have to get backto work once this stops and soyou wanna make sure you havethat available to youFOR SOMEFAMILIES DEALING WITHLAYOFFS...WHAT INOTHING IS LEFT AFTER THOSEBILLS ARE PAID OFF?HOLTSUGGESTS CALLING COMPANIES YOUOWE MONEY TO.

THEY MAY BEWILLING TO NEGOTIATE.

Younever know until you call ifthey are willing to putpayments to the end to yourcontractAND ADVICE SHE ALWAYSTHROWS OUT - IS TO PAYYOURSELF FIRST.

EVEN IF IT'SJUST FIVE DOLLARSA MONTH.BECAUSE YOU NEVER KNOW WHENTHE NEXT FINANCIAL EMERGENCYCOULD POP UP.

JULIA FELLO TMJ4NEWS.IF YOU WOULD LIKE TO LEARNMORE ABOUT MEETING AN S-D-CFINANCIAL COACH, FREONCE OURSTAY AT HOME ORDER IS LIFTED,CLICK ON THIS STORY AT TMJ4DOT C