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This windfall is due to Recovery Rebate Credits thattaxpayerswho were eligible didnt claim on their 2021 tax return.
This could mean a decent amount of money came to families.
Whats the best way to use these checks orany other unexpected windfall?
Apply the check to create or bolster your emergency fund.
Aim for anywhere between three and six months of living expenses, ideally, she said.
Put It Into the Stock Market
Not investment-savvy?
Rose recommended setting up automatic future contributions to keep growing the investment.
Every little bit adds up when you show up consistently.
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