It appears possible, dare I say likely, that a second stimulus check is on the way. The possibility of another round of checks has made many people wonder, how should I spend the money?
Here are 15 suggestions of how you can spend your $600.
Warning: Some are serious, some are silly, so take the list with a grain of salt.
1. Save it
Ok, I admit that this is the most boring thing that you can do with your money. But, if 2020 has taught us anything, it’s that bad things can happen at any time.
Forbes ran an article a couple of years ago that said 40% of Americans don’t have enough savings to cover a $400 emergency. If you save 2/3 of the stimulus check, you will immediately remove yourself from that 40%.
2. Streaming Service
Covid-19 has left a lot of people with more time on their hands than they are used to. Binge-watching your favorite shows has been one common way of combating boredom.
With $600, you can get:
Netflix: $8.99(basic plan) for around 66 months
Disney+, Hulu, ESPN+ (bundle): $6.99 for around 85 months
3. Dollar Store Pregnancy Test
I was at the dollar store yesterday and noticed that they sell pregnancy tests. I have no idea why people trust dollar pregnancy test, nor do I know why someone would buy 600 of them. But you could buy 600 (not including tax).
4. Dollar Store Marijuana Test
Again, I don’t know how accurate a dollar drug test is. But you can buy roughly 600 of these if you want. Although if you do, I can save you time by telling you it is positive (you would have to be high to buy 600 of these).
5. Pay Down Overdue Bills
Ok, back to another boring but serious one.
A lot of people are hurting financially this year. Maybe you fell behind on some bills due to Covid. This check would be a great chance to get caught up. Or as close to caught up as possible.
6. Tip a Stripper
California is busy shutting down everything “non-essential” that didn't contribute enough to Governor Newsom’s campaign (be honest, Hollywood wouldn’t be “essential” if they didn’t contribute).
So if you live in California, you might be searching for something fun to do. Well, you can travel down to San Diego to visit one of the few strip clubs still open.
Strip clubs may not be “essential,” but neither is shopping at the Gap, and people still do that. So feel free to have a little fun if that is your kind of thing.
7. One Way Ticket to…..
Prices vary based on destination. However, most countries that are currently open to Americans can be reached for $600 or less.
I know a lot of people won’t want to travel during these crazy times. That is ok, stay at home if you wish. But If you want to travel, I say go for it. They told us back in March that Covid restrictions were temporary. Here we are nine months later, still being told the same thing. So travel if you want to, or wait another nine months for the government to tell you it's ok to live. Whatever floats your boat.
8. New Laptop
This pandemic will change the way we work in many ways. One huge difference will be the prevalence of remote work. Many people have started to realize those offices are unnecessary for most jobs.
If you dream of working remotely for the long term, a good laptop is essential. Laptops vary in price and can cost more than $600. However, you can easily find a functional one for $600 or less.
9. Kindle Unlimited For 60 Months
Streaming services are excellent for entertainment, but what about books. For $9.99 a month, you can read unlimited books with Kindle Unlimited. Not every book is available with this service, but there are more than enough to keep you entertained.
Books also have the advantage of being educational (if you choose the right books). Entertainment and education for less than $10 a month is hard to beat.
10. $600 Worth of Gas
The thought of getting on a flight during a pandemic scares a lot of people (which is fair). If you want to travel but are wary of flying, take a road trip. $600 can buy you quite a bit of gas.
11. Donate to Your Favorite Charity
Covid-19 has made many family's financial situations worse. That is terrible for the families. That is also terrible for their favorite charities. Many generous people simply do not have enough money to donate to the same level as before Covid.
If you can spare the money, consider donating a little bit to a worthwhile charity.
Dr. Fauci has evolved a long way since he recommended people not to wear masks. He now says we can maybe ditch our masks by the end of 2021. That leaves a lot of mask-wearing in our futures.
$600 can buy a lot of masks. And if you listen to Dr. Fauci, you will need them.
Covid-19 has significantly slowed down many government services. But let's not kid ourselves. Come tax time. The IRS will be running at full efficiency. After all, if there is one thing the government is good at, it’s collecting taxes.
14. Toilet Paper to Hoard
It is not too late to join in the dumbest trend of 2020.
15. Food Delivery
Getting your food delivered is safer than going out during a pandemic. It is also very convenient. There are few things easier than pushing a few buttons and having food appear at your doorstep.
You are all adults. You don’t need a random article to tell you how to spend your money.
$600 may not be a lot of money, but it is better than nothing. So enjoy it, do something responsible with it, or something in between. The choice is yours.