Articles from Wright State Univ

WHIO: Senior finance lecturer gives tips for spending stimulus checks

Bill Wood, senior lecturer and coordinator of the Financial Services Degree Program in the Raj Soin College of Business, talked to News Center 7 about what people should do with their stimulus checks.

The checks are intended for basic needs: food, medication costs, rent, mortgages, etc.

Once those basic needs are met, Woods encourages setting up an emergency fund. The fund should be three to four weeks of living wages.