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The dividend isnt guaranteed, as it would require Congressional approval plus achieving the stated savings goal.
Moreover, only households that pay federal income taxes would qualify to receive funds,CNBCreported.
Start or Grow Your Emergency Fund
Many Americans are struggling to make ends meet.
Most experts recommend having three to six months of living expenses saved for emergencies.
A $5,000 DOGE check would expedite reaching that goal if you have little in savings.
Pay Off Debt
Credit card debt is suffocating and can keep many people from reaching personal goals.
Applying a majority of the $5,000 DOGE dividend check against credit card debt can accelerate achieving debt freedom.
Save for Short-Term Goals
Receiving an unexpected $5,000 can significantly boost making goals a reality.
If you have ample savings and little to no debt, analyze your short-term goals.
These can be anything you want to achieve in the next one to three years.
Jumpstart Retirement Savings
A growing number of Americans are falling behind with retirement planning.
Two in five American workers dont have what they should saved for retirement, according toCNBC.
Roth and traditional IRAs are two top choices, with the latter providing a potential immediate tax benefit.
Theres no guarantee the DOGE dividend check will become a reality.
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