More Americans Use Stimulus Money to Pay Down Debt

One goal of the direct stimulus payments sent to Americans during the pandemic was to encourage consumer spending. Personal-finance reporter Amber Burton explains how many people have chosen to earmark the money for reducing debt instead. Plus, Rhode Island resident Ruth Estrella shares how she has managed her finances with stimulus funds. J.R. Whalen hosts.
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One goal of the direct stimulus payments sent to Americans during the pandemic was to encourage consumer spending. Personal-finance reporter Amber Burton explains how many people have chosen to earmark the money for reducing debt instead. Plus, Rhode Island resident Ruth Estrella shares how she has managed her finances with stimulus funds. J.R. Whalen hosts.

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