stimulus package — Blog — Sisters for Financial Independence

Financial Education, Alternative Lifestyle

Many Americans are beginning to receive their stimulus checks as part of The CARES (Coronavirus Aid, Relief and Economic Security) Act to relieve some of the financial pressure brought on by the pandemic.

Depending on your income level and dependents, you may have already received the money from the US Treasury. People who filed a 2018 and 2019 tax return and had direct deposit information with the IRS will receive the check first with paper checks going out in May. If you are unsure if you will be getting a check or how much, use this handy calculator to find out. Scroll down to CARES Act Rebate Calculator or check the graph.

The money is being given with no strings attached.

Here are the many ways you can use this money wisely.

Catherine Agopcan

College Series, Alternative Lifestyle, Professional Development

“Mentors won’t make you rich. Doctors won’t make you healthy. Nutritionists won’t make you slim. Teachers won’t make you smart. Gurus won’t make you calm. Trainers won’t make you fit. Ultimately, you have to take responsibility. Save yourself.” - Naval Ravikant

With the help of one of our sisters, Elaine, who graduated from NJIT last year, we thought we would provide a few tips to help college students and more specifically, college seniors, weather the effects of Covid-19 in their future plans.

I was three years out of undergrad when the 2008 recession happened. I had just started a new job in New York City in a completely different industry when the mortgage crisis unraveled so a part of this are some lessons I learned during that time. The most important being to prepare and not let fear get in the way of action and to always think about your future self and future family.