Here’s How Americans Plan to Spend Those $1200 Stimulus Checks

Here’s How Americans Plan To Spend Those $1200 Stimulus Checks…

Around 80 million Americans will start to receive their coronavirus stimulus checks this week, says the US Treasury Department.

Of those who have already gotten the money, direct deposited into their bank accounts, the majority has begun to spend the cash on groceries, and at pharmacies, according to The Washington Post.

Those whose banking information isn’t on file with the IRS will get a paper check, once those start going out, later this month.

If you’re still waiting for the money, a new tool – launched Wednesday – will track when the payment will arrive.