Monday Money Tip

#93: How to Maximize Your CARES Act Cash


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About the Episode: 

  • Today, we’re talking about how to maximize your CARES Act (Coronavirus Aid, Relief, and Economic Security Act) cash payments that most Americans will be receiving very soon.   
  • In our Current Events Segment, we’ll share how many banks are offering payment relief for a variety of loans including, mortgage, HELOCs, automobiles, etc.
  • We’re also sharing a gift you could give high school and college students to teach them about money before they enter the real world. 

Resources:
Grad Special
COVID-19 Resources
ARTICLE: Banks Offering Deferment on Mortgage Payments During Coronavirus
CARES Act Resources for Small Businesses/Churches
TOOL: Budgeting
IWBNIN Ladder
TOOL: Known, Upcoming, Non-Monthly Expense Calculator

Verse: “The plans of the diligent lead to profit as surely as haste leads to poverty.” - Proverbs 21:5

Related Monday Money Tip Podcast Episodes:
Episode 01: Creating a Budget That Actually Works
Episode 02: Budgeting With Irregular Income
Episode 29: All About Budgeting
Episode 45: Graduation - Now What? 
Episode 61: The I Was Broke. Now I’m Not. Ladder - Explained
Episode 83: Money Saving Tips
Episode 85: Dealing With Financial Anxiety
Episode 91: 10 Financial Steps You Can Take Right Now
Episode 92: Help! I Can’t Pay My Bills

Email [email protected] to ask questions or share success stories.

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Monday Money TipBy Joe Sangl

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