In a MSN feature originally published by GOBankingRates, Michael Boggiano of Wealthcare shares practical advice on how to handle a stimulus check with purpose. Rather than viewing it as “extra” money, Boggiano encourages individuals to think strategically about how those funds can improve their financial picture.
He recommends dividing the check between essentials, long-term goals like savings or retirement, and a portion for discretionary spending. Boggiano also reminds readers that this isn’t a rigid formula; what matters most is prioritizing what offers the greatest financial relief and long-term benefit.
His perspective helps bring structure and clarity to a financial moment that can feel overwhelming, especially during times of uncertainty.
