Hacker News new | ask | show | jobs
by CharlesW 1973 days ago
> Seems like the former…

I'm sure some people financially unaffected by the pandemic are using their stimulus for gadgets, but most recipients are using stimulus money for bills, savings and essentials.[1][2][3]

As perspective, only 39% of Americans could pay for an unexpected $1,000 expense.

[1] https://www.nber.org/system/files/working_papers/w27693/w276... [2] https://www.forbes.com/advisor/personal-finance/survey-one-t... [3] https://www.forbes.com/advisor/personal-finance/heres-how-am...