On this episode of the Personal Finance Podcast,

we're going to talk about the best things to do

with your stimulus check. What's up everybody and welcome to the personal finance podcast? I'm your host

Andrew founder of Dollar After Dollar.com and today on the personal finance podcast we're going to talk about

what you should do with that stimulus check that you just got and one of the biggest

things to consider is how do you handle financial windfalls.

When you get money that you aren't planning for, how do you handle that money?

Because understanding how to

handle money correctly when you get a financial windfall will allow you in the future to become so much better with your money because if you can't handle a small financial windfall like $600

how do you expect to handle a large financial windfall when you receive something, say, like

an inheritance for $50,000?

So you have to understand how to handle your money as it comes in.

And what most people do is when they get a financial windfall, they go

ahead and just spend it. They act like it's just extra money that they can use and go ahead and

just blow. And you can absolutely blow that money if you have some of these other things in

financial order but if you don't some of the best options for that money is to

start building something for your financial future and start building wealth

for you and your family even if it's a small

amount like 600 bucks the reason why is once you start putting that money to work

and putting it towards your future you're gonna have a significant

significant difference and change in mindset because you're going to have a significant difference in change in mindset because you're going to start to see that money grow.

And as that money grows or as that money pays down debt or whatever you're going to do with it, it starts the snowball.

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