$1200 Stimulus Checks: BEST Ways to Spend Them – The Credit Shifu

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2020recession #stimuluspackage #$1200checks

The United States congress passes the huge stimulus bill on Friday and it was signed by the president. The bill includes $1200 stimulus checks for all American tax payers. In this video we look at how to spend your $1200 stimulus check.
SONG FROM OUTRO
Track: Halcyon & Valentina Franco – Runaway (Heuse Remix) [NCS Release]
Music provided by NoCopyrightSounds.
Watch: youtu.be/5bj44xI2oWw
Free Download / Stream: ncs.io/RunawayHeuseRemix

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49 comments

The Credit Shifu March 29, 2020 - 3:20 pm

Market Watch Article: https://on.mktw.net/39p2m3i
NYT article on donating your check: https://nyti.ms/2Jkd6W5
(links to all charities mentioned, and more, can be found in the NYT article)

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Sami Hamid March 29, 2020 - 3:44 pm

Do you have any suggestions on brokerage accounts if you're overseas, say the UK or (where I'm from) Ireland? Stay safe!

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Cody Youmans March 29, 2020 - 3:54 pm

I was thinking of getting a Secured Credit Card with $2,100 and ONLY using it to pay my portion of rent ($620.50). The idea is to stay under the utilization of 30%…would you concur?

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greytimberwolf68 March 29, 2020 - 3:57 pm

what about short term treasuries? Dont they pay higher than savings accounts?

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Eric Torres March 29, 2020 - 3:58 pm

Thanks for including the outro song haha very informative video too! 😎✌️

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Aron March 29, 2020 - 4:07 pm

CRYPTO

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Johnny H March 29, 2020 - 4:08 pm

Shifu, I 'm a huge Fan, but When market goes down 30% it NEVER comes back in a year!!(Bear Market), ironically the situation is so grim, the indicators looms toward, going down more!!!! . I 'm Sorry.

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HellsAttack March 29, 2020 - 4:23 pm

Ben, we're not opening in Easter. Please, man.

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CoolStoryCory March 29, 2020 - 4:25 pm

Lmao fuck new york and fuck new yorkers escaping and infecting other parts of the country.
Anyways, good video as always, dog. Keep it up!

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Raymond Kizer March 29, 2020 - 4:52 pm

Please do a show on index funds and how to find and obtain one. Also, how to find a brokerage and start actual investing.

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Raymond Kizer March 29, 2020 - 5:01 pm

Is webull legit and reputable?

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Jeffrey williams March 29, 2020 - 6:13 pm

Fuck that a PlayStation 5 and a 5th of mofo remy Martin

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Beny G March 29, 2020 - 6:18 pm

850 rent, 350 car, 100 Cell/WiFi

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yiweilin917 March 29, 2020 - 6:50 pm

If I was claimed as a dependent in my mom's 2018 taxes, can I file my own taxes for 2019 and get the $1200?

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Terrance Steiner March 29, 2020 - 6:53 pm

Easter is a pipe dream. We probably will not to the worse of it by Easter.

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Joey March 29, 2020 - 7:12 pm

emergEncy* fund

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Derrick Thomas March 29, 2020 - 7:21 pm

Pay off credit cards bills have 2 credit card bills I'm pay off seen get my 1200$

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What A Mess March 29, 2020 - 7:35 pm

Super sad. My mom didn't claim me as a dependent but I accidentally put myself down as a dependent.

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Evil Spock March 29, 2020 - 7:45 pm

Most States will be opened by Easter. However, California, New York, New Jersey and probably Florida will still be under watch.

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John Arellano March 29, 2020 - 7:58 pm

Ill buy the girlfriend Louis vuitton that she always wanted

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bionic woman March 29, 2020 - 8:20 pm

I will save all of it.

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Matthew Rickard March 29, 2020 - 8:48 pm

Work for Amazon and have gotten paid more per hour and overtime, so already getting more then usual. This $1200 is just going to be a extra bonus, but I still live with parents so not shore what what to do with this exactly….. maybe stocks

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J E Felton March 29, 2020 - 9:31 pm

Invest in cryptocurrency

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AirSoftMaverick3232 March 29, 2020 - 10:41 pm

if I use it to buy some SWPPX, am I doing exactly what they want me to by "stimulating" the economy?

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Weldon Sirloin March 29, 2020 - 11:37 pm

Man with a $1200 check you can buy one and a half rolls of toilet papers. Very good deal.

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albear972 March 30, 2020 - 1:10 am

Buying some undervalued stocks in the market. 😉

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Moist March 30, 2020 - 1:41 am

Hookers and blow

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Darlene Christenberry March 30, 2020 - 1:42 am

My kids and me a home awsy from bloomington housing authority were i live is the ghetto and bern kicked out cause my son on my lease broke lesde rule so got kivked out 😭

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Matthew Walker March 30, 2020 - 1:51 am

Easter? Thats dangerous disinformation. Do some research on that please. Sorry, but that deserves a dislike this time.

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Charles Barrett March 30, 2020 - 2:55 am

I'm adding to my stock positions

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Danny Ross March 30, 2020 - 3:03 am

You should reconsider the name of your show. I tried hard to over look when you labeled covid 19 to a specific country just as the US President claimed. There are now more cases of Americans and xenophobes who are acting upon and fueling racism and violence towards Asian Americans. I understand people are upset and angry and want someone to blame for their loved ones death. It doesn’t help for a respectable Youtuber to speak out like the rest of the xenophobes. I thought this channel was to help suggest credit card, not a show to divide communities and directly fuel racism. Seriously shame on you. Good luck with your channel.

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Kamology March 30, 2020 - 5:28 am

Found out my parents claimed me as a dependent when I'm not so RIP all that money

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Maria Mercado March 30, 2020 - 5:32 am

I want to do Business on little money ok my is Maria Mercado live in Hartford Connecticut 👌

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Tomas Jay March 30, 2020 - 6:25 am

Goes towards my wife's and my own cremation.

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Shawn Lee March 30, 2020 - 8:26 am

Guns and bullets. Apocalypse is coming.

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Shawn Lee March 30, 2020 - 8:34 am

Short the market. There is no economic activity. Stock markets are going to crash more.

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Philo Grant March 30, 2020 - 5:24 pm

I find it funny that advisers tell you to keep 3 to 6 months of basic spending saved. But corporations like Marriott and Hilton to name a few, started laying their workers off immediately. Funny they are not held to the same standards to keep a few month of operations cost on deck but quick to send their employees to get govt assistance.

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Will Shepherd March 30, 2020 - 6:58 pm

I was thinking about using it to stimulate to my local economy via buying a new mountain bike from my local store 😊 good use, eh?

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Mario Super March 30, 2020 - 9:38 pm

1.Debit Card

2.Buying Things that I needs and wants

3. savings my plan.

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Hugh Jazz March 30, 2020 - 10:28 pm

Or you could spend it on $1,200 worth of toilet paper.

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Kaff231 March 31, 2020 - 7:15 pm

I think taking a portion of it to help with local or national relief for medical expensive from the Covid-19 situation would be a great way to show support to these doctors, nurses and other medical staff hero's on the front line.

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Kenneth McBride March 31, 2020 - 10:15 pm

my girl will spend hers and mine ……she will be on me like a bobcat.

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Daniel Yurko April 2, 2020 - 1:58 am

Thank you for donating to Feeding America. I have worked for two different food banks in the US (one in Chicago area, one in Dallas area) and it is amazing you are helping these organizations respond to the pandemic. They are working double right now to get food to people who need it. You are making a difference to them.

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S.K. April 2, 2020 - 8:48 pm

money printer go brrrrrr 🖨 💴

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DividedShark April 2, 2020 - 11:29 pm

All in on Bitcoin

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pugluvnapril April 3, 2020 - 2:45 am

I’ll be paying off a credit card and then the rest will go to building up my emergency fund.

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Chance Aucoin April 4, 2020 - 3:11 pm

How can you think that we will be open by Easter?

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Cole Garrow April 4, 2020 - 6:14 pm

If I haven't done taxes in 2018 or 2019 or haven't really done them at all, should I file with turbo tax because they're free right now? ..To make sure I get the stimulus check for the the 2018/19 taxes ? I'm 22 and never really done taxes but want to make sure I don't miss out, please help.

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Andrew Campbell April 10, 2020 - 7:30 pm

Easter weekend starting & nothing seems to be opening up soon. You were WRONG Credit shifu! Haha

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