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NerdWallet's Smart Money Podcast

Where's my coronavirus relief check — and how should I use it?

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2665 Ratings

🗓️ 27 April 2020

⏱️ 15 minutes

🧾️ Download transcript

Summary

Most American adults are eligible for government relief checks of $1,200, but many are still waiting for their money — plus the usual advice about what to do with a windfall doesn’t apply in a crisis. Sean and Liz discuss how to find out where your payment is and put it to the best use. As always, send us your money questions! Email [email protected] or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:12.4

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0:22.8

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0:34.0

Welcome to the Nerd Wallet Smart Money podcast where we answer your money questions in 15 minutes or less.

0:39.6

I'm your host, Liz Weston.

0:41.4

And I'm your other host, Sean Piles.

0:43.5

As always, be sure to send us your money questions.

0:45.7

You can call or text the Nerd Hotline at 901-730-6373.

0:51.1

That's 901-730 Nerd.

0:53.7

Or you can email us at podcast at nerdwollet.com.

0:57.3

So let's get right to this episode's question, or actually questions, because in the past

1:01.7

few weeks, we've received a number of different questions about the government relief

1:06.0

checks that were part of the CARES Act that was signed into law in March.

1:10.0

Yeah, people have been wondering

1:11.3

when they're going to get their checks, how much they'll get, and perhaps most importantly,

1:16.4

what they should do with this money. And in this episode of the NerdWallet Smart Money podcast,

1:20.8

will help you answer each one of those questions. All right, let's dive right into it.

1:25.1

Okay, first, let's talk about how much people might be getting. Sean,

1:28.4

can you give us the details on how that works? Yes, I can. And this is a little technical, just a heads-up.

1:34.2

So the Treasury Department is dispersing up to $1,200 per person and $500 per child under the age of 17.

...

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